Independent Contractor - 2013 - Rincover/Negotiations Services/Appraisals - 11/25/2013 Professional Services Agreement
Between NEGOTIATION SERVICES, LLC(hereinafter"CONTRACTOR") and
CITY OF EAGLE to conduct Appraisals and Negotiations for the
CITY OF EAGLE PATHWAY PROJECT
1. Scope of Work. Contractor agrees to fulfill all requirements and
procedures, as required by law, to acquire the necessary access or
property needed to complete the City Of Eagle Pathway Project.
2. Additional Work. 'Contractor provided the scope of work with a good faith
estimate of work and costs associated with this project. In the event that
additional work will be needed to complete the project Contractor will
notify City Council and a supplemental agreement may be developed as
agreed by all parties.
3. Costs. Costs are set forth below. The total for professional services will be
Twenty Six Thousand Three Hundred Dollars ($ 26,300.00).
ADMINISTRATION $ 2,500.00
APPRAISALS (Michael Wright, MAI)
4 Appraisals (see attached) $ 12,800.00
REVIEW APPRAISALS (Review appraisals are not required)
NEGOTIATION SERVICES, LLC 4 Acquisitions
Parcel 43 &45 $ 1,500 per parcel $ 3,000.00
Parcel 46 $ 3,500 $ 3,500.00
Parcel 35 $ 4,500 $ 4,500.00 $ 11,000.00
TOTAL FOR SERVICES $ 26,300.00
4. Completion Time. It is expected that the appraisal and negotiation
services required for this project may take up to three (3) months. This
time frame begins when the City, or its contractor engineers, has provided
approved project plans, legal descriptions and current title reports. Any
delay in receiving the required information will cause delays in beginning
and completing this Agreement.
5. Compliance. Contractor agrees to fully comply with all appraisal and
acquisition procedures imposed by Federal, State and local laws and
ordinances
6. Payment. Contractor invoices shall be due within 20 days of receipt.
7. Entire Agreement. This instrument contains the entire agreement
between the parties, and no statements, promises, or inducements made
by either party or agent of either party that are not contained in this
contract shall be valid or binding. This contract may not be enlarged,
modified, or altered except in writing signed by both parties and endorsed
on this Agreement.
8. Governing Law and Venue. The laws of the State of Idaho shall govern all
questions and interpretations concerning the validity and construction of
this Agreement, the legal relations between the parties and performance
under the agreement. The appropriate venue and jurisdiction for any
litigation hereunder will be those courts located within the County of Ada,
State of Idaho. If any provision of this Agreement is held invalid, illegal or
unenforceable, the remaining provisions will not be affected.
9. Severability. In the event any provision of this Agreement shall be held
invalid and unenforceable, the remaining provisions shall be valid and
binding upon the parties unless such invalidity or non-enforceability would
cause the agreement to fail its purpose. One or more waivers by either
party of any provision, term, condition or covenant shall not be construed
by the other party as a waiver of a subsequent breach of the same by the
other party.
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La i Rmcover, Managing Partner Reyn:►Id 7 Mayor
Negotiation Services, LLC 'ity of Eagle
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MICHAEL WRIGHT,MAI
WRIGHT REAL ESTATE SERVICES
885 W.BEACON LIGHT ROAD
EAGLE,ID 83616
November 7,2013
Larry Rincover
Negotiation Services,LLC
PO Box 433
Boise,ID 83701
Re: Appraisal of the fee and permanent easement acquisitions associated with the
proposed City of Eagle pathway project.
Dear Mr. Rincover:
Based on our recent meeting and what is known about the proposed project to-
date, the scope of services for the appraisal assignment would include the
development of the applicable approaches to value and summary appraisal reports
compliant with the Uniform Standards of Professional Appraisal Practice (USPAP).
The appraisal assignment is comprised of three fee simple acquisitions on
residential lots in the Laguna Point Subdivision and an analysis of the market value
of the proposed 25' wide permanent pathway easement located on Common Area
Lot 35. The appraisal fees for the respective properties would be as follows:
Lot 43 -ITD 2288 Summary Appraisal Report $1,950
Lot 45 -ITD 2288 Summary Appraisal Report) $1,950
Lot 46-ITD 2288 Summary Appraisal Report $1,950
Lot 35 -Permanent Easement-Narrative Report $6,950
Total $12,800
I appreciate the opportunity to be of service to you and please contact me at your
earliest convenience if you have any questions concerning this proposal.
Sincerely,
�J
Michael Wright, MAI
Idaho Certified General Appraiser #854
ADDENDUM TO PROFESSIONAL SERVICES AGREEMENT
PURCHASER: CITY OF EAGLE
SELLER: MULTIPLE PROJECT: CITY OF EAGLE PATHWAY PROJECT
The responsible broker for this transaction shall be Lawrence Rincover,Negotiation Services.
IMPORTANT-AGENCY REPRESENTATION CONFIRMATION
REPRESENTATION CONFIRMATION: Check one(1)box in Section 1 and one(1)box in
Section 2 below to confirm that in the transaction,the brokerage involved had the following
relationship with the Buyer and the Seller(s)
Section 1
® A. The broker working with the BUYER is acting as an AGENT for BUYER
B. The broker working with BUYER is acting as a LIMITED DUAL AGENT for the BUYER,
without an ASSIGNED AGENT.
C. The brokerage working with the BUYER is acting as a LIMITED DUAL AGENT for the Buyer,
and has an ASSIGNED AGENT acting solely on behalf of the BUYER.
D. The broker working with the BUYER is acting as a NON AGENT for the BUYER.
Section 2
A. The broker working with the SELLER is acting as an AGENT for the SELLER.
B The broker working with the SELLER is acting as a LIMITED DUAL AGENT for the SELLER
without an ASSIGNED AGENT.
C The brokerage working with the SELLER is acting as a LIMITED DUAL AGENT for the
SFr I FR,and has an ASSIGNED AGENT acting solely on behalf of the SELLER.
El D The broker working with the SELLER is acting as a NON AGENT for the SELLER.
Each party signing this document confirms that he or she has received,read and understood the Agency Disclosure
Brochure and has elected the relationship confirmed above. In addition,each party confirms that the broker's agency
office policy was made available for inspection and review. EACH PARTY UNDERSTANDS THAT HE OR SHE
IS A"CUSTOMER"AND IS NOT REPRESENTED BY A BROKER UNLESS THERE IS A SIGNED WRITTEN
AGREEMENT FOR AGENCY REPRESENTATION. Each party signing this document understand that the above
confirmation DOES NOT create an agency relationship between the broker and the BUYER and SELLER and they
are a CUSTOMER and NOT REPRESENTED by a Broker UNLESS there is a SEPARATE signed written
agreement as required by IDAHO Statute to create that relationship.
i0 .***'‘ 3
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im Reyno ds,Mayor 11/ '/2013 Sharon Ba a•., `, ity Cle I 12013