Service Solicited - 2025 - Integra Realty Resources - Boise - Property Appraisal Services Integra Realty Resources Greenbelt Business Park T 208.342.2500
1031 E.Park Blvd. F 208.342.2220
Boise,ID 83712 www.irr.com
A In
irr
4,
November 21, 2025
Ms. Nichoel Baird Spencer, MCRP
Director of Long-Range Planning& Projects
City of Eagle
660 E. Civic Ln.
Eagle, ID 83616
208-939-0227
nbaird@cityofeagle.org
RE: Orville Jackson House
127 S. Eagle Road
Eagle, ID 83616
Assessor Parcel No. S0508449703
This letter is to confirm our agreement to perform professional services for you on the above-
referenced property.
The following conditions will be the basis of a contract agreement between you ("Client")and
Integra Realty Resources— Boise (IRR Boise).
1. Client:
City of Eagle
2. Scope of Services:
Determination of the market value as is of the above-referenced property.
Results to be communicated in a narrative appraisal report.
Unless explicitly instructed otherwise by the client, IRR-Boise will transmit the
appraisal to the addressee of this engagement letter.
Ms. Nichoel Baird Spencer, MCRP
November 21, 2025
Page 2
3. Value Definition: Market Value per FIRREA
4. Independent Judgment/Conduct: IRR Boise will exercise independent judgment and
complete the appraisal or consulting assignment in accordance with sound appraisal
practice and the Code of Professional Ethics and Standards of Professional Practice of
the Appraisal Institute and the Uniform Standards of Professional Appraisal Practice
(USPAP).
5. Payment/Retainer: Client agrees to pay IRR Boise as compensation for professional
appraisal services, as specified below:
Not to exceed $5,000
Retainer $0 Due upon execution of contract
Upon Completion $5,000 Due upon completion of report
$5,000 Total Fee
If for any reason it appears that the fees will exceed the preceding quotation, IRR
Boise agrees to contact the client for further instructions/approval.
6. Late Fees/Collection: Fees are due and payable upon IRR Boise's delivery of the
reports to the Client or Client's assigns, or as set forth in Item 5 preceding.
If any balance due IRR Boise under this agreement is not paid within 30 days of the
performance dates or events set forth in Item 5,then such account shall be considered
delinquent and shall accrue interest at per diem equivalent of a 1.5% per month late
penalty, commencing on the date such payment became originally due.
If any payment due IRR Boise Inc. is not paid when due, Client shall pay all expenses of
collection, including but not limited to, reasonable court costs and attorney's fees.
7. Unbiased Opinion: IRR Boise will provide an unbiased opinion without any
preconception of a particular value or conclusion to the Client.
8. Copies of the Report: IRR Boise agrees to provide the Client 3 copies of each appraisal
report. Extra copies can be made available at a $75 minimum charge per copy if
ordered prior to delivery, or $200 if ordered subsequent to delivery of the original
reports.
9. Intended Use: Internal planning purposes
10. Other Intended Users: None
Ms. Nichoel Baird Spencer, MCRP
November 21, 2025
Page 3
11. Delivery: The anticipated timeline to complete the project is
Approximately 45 days from receipt of requested information
This delivery date assumes we receive from the Client or property owner all readily
available data pertinent to the assignment, including but not necessarily limited to:
1. Copy of signed letter of authorization (this document)
2. Terms of any sale of the subject property in the last 5 years, plus any
pending sale or listing
3. Scope and cost of capital expenditures completed in the last 5 years
4. Property condition report detailing the scope and cost of required capital
expenditures
5. Contact who can arrange the inspection
6. To the extent available, title report, ALTA survey, environmental site
assessment
The estimated completion period assumes that access to the property is readily
available. We agree to make a good faith effort to complete the report within the
anticipated time frame; but reserve the right to delay such completion where strict
adherence to an anticipated delivery date would compromise the reliability or
validity of the resulting analysis.
12. Court Testimony: If Client requests or anyone requires IRR Boise or its agent(s)to
testify or be in attendance at any court or administrative hearing relating to this
appraisal or consulting assignment, attend conferences or depositions relating
thereto, and for any preparation relating thereto, such will be agreed upon prior to
acceptance of the assignment, and the Client shall pay IRR Boise at the rate of
Robin Brady: $330 per hour
13. Cancellation: If you agree to the conditions set forth herein and subsequently decide
that our services are no longer needed, you are responsible for payment for the time
IRR Boise has invested in the project up to that point. In such case, you will be billed
for the time IRR Boise has invested at the rate of$850 per day, not to exceed the fee
quote for the complete assignment.
There will be a minimum rescheduling charge of$850.
14. Projects Put "On Hold." If during the course of this assignment IRR Boise's work
has to be put on hold due to the unavailability of information required from the Client,
IRR Boise will move on to the next project on its schedule, and will make every effort
Ms. Nichoel Baird Spencer, MCRP
November 21, 2025
Page 4
to come back to the Client's project as soon as the project next in line is completed,
assuming the requested information from the Client has since become available.
When an appraiser puts a project on hold for a number of days, it takes the better
part of the first day back on the Client's job to read through the file notes and
appraisal draft to get back "up to speed" with where he left off. Projects which are
delayed by the Client more than 3 weeks are subject to a $850 increase in the fee
for services rendered.
15. Confidentiality. IRR Boise and its employees and contractors will make every
reasonable effort to hold information provided us by our client confidential, if clearly
provided to us under the expectation of confidentiality. However, the simple act of
the Client providing IRR Boise information does not imply any obligation of
confidentiality, and the proper valuation of real estate requires and is dependent
upon our ability to collect and analyze comparable sales, rents, expenses, and costs.
Thus, in the absence of any explicit prohibition against the use of specific information,
IRR Boise may use such data in our analyses of other properties for the same or other
clients. In all situations, information obtained on properties other than the subject of
our analysis (comparables and potential comparables) shall not be confidential or
exclusively used for this assignment, and even confidential information may be
subject to disclosure under court order or peer review by the Appraisal Institute.
16. Severability. In the event any provision of this agreement shall be determined to be
void or unenforceable by any court of competent jurisdiction, such determination
shall not affect any other provision of this agreement and all other provisions shall
remain in full force and effect.
17. In accordance with Idaho Code Section 67-2359 IRR-Boise hereby certifies that it is
not owned or operated by the Government of China, as defined in said code section,
and that during the Term of this Agreement it will not be owned or operated by the
Government of China. In accordance with Idaho Code Section 67-2346 IRR-Boise
hereby certifies that it is not currently engaged in, and during the Term of this
Agreement will not engage in,a boycott of goods and services from Israel or territories
under its control as defined in said code section.
Your signature on the original of this letter, returned to our office,will confirm our mutual
understanding.Upon receipt of the signed letter,and all applicable information as outlined
in Item 8 above, we will undertake our analysis of the above-reference property at our
earliest opportunity.We appreciate this opportunity to be of service to you.
Ms. Nichoel Baird Spencer, MCRP
November 21, 2025
Page 5
Sincerely,
Integra Realty Resources — Boise
Robin Brady, MAI
Senior Managing Director
Clien (Signature)
Client Name &Title (Printed)
/Company Name (Printed)
/5140J--
Date