Loading...
Service Solicited - 2026 - 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 bow irr February 11, 2026 Ms. Alana Dunn Museum Director City of Eagle 660 E. Civic Ln. Eagle, ID 83616 208-489-8834 adunn@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 of the above-referenced property under the following scenarios: • Subject to deed restriction preventing development of the view corridor between the residence and Eagle Road • Subject to deed restriction preventing any redevelopment of the property Ms. Alana Dunn February 11, 2026 Page 2 It is our understanding that the property is currently under a deed restriction that prevents demolition of the residence. Both value premises will therefore include preservation of the residence. 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. 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 $7,500 Retainer $0 Due upon execution of contract Upon Completion $7,500 Due upon completion of report $7,500 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. Ms. Alana Dunn February 11, 2026 Page 3 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 11. Delivery: The anticipated timeline to complete the project is Approximately 3 weeks from notice to proceed 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 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 Ms. Alana Dunn February 11, 2026 Page 4 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. Alana Dunn February 11, 2026 Page 5 Sincerely, Integra Realty Resources — Boise Robin Brady, MAI Senior Managing Director Client ( ature) Client Name &Title (Prirfted) tV47 - /C, Company Narr4 (Printed)d ) y//6_,4 Date