Professional Services Agreement - DLZ Indiana LLC - Bendix Drive Right of Way Acquisition

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Version 6-8-2017 (v) Identified photographs of the subject property including area to be acquired and, if applicable, all principal above ground improvements or unusual features affecting the value of the property to be acquired or damaged. (vi) An identification or listing of the buildings, structures, and other improvements on the land as well as the fixtures which the Appraiser considered to be part of the real property to be acquired. (vii) The estimate of market value of the proposed acquisition. In the case of a partial acquisition, where appropriate, the Appraiser shall make a reasonable allocation of the estimate of market value for the real property to be acquired and for damages and/or special benefits to remaining real property. (viii) The date(s) on which and/or as of which, as appropriate, the market value is estimated. The date of value estimate must be the last day of inspection. (ix) The certification, signature, and date of signature of the Appraiser. (x) Other descriptive material (maps, charts, plans, photographs). (xi) The federal -aid project number and parcel identification. (xii) When required for compliance with Indiana Department of Transportation and Federal Highway Administration procedures, opportunity for the property owner to accompany the Appraiser during the observation of the property. M. Appraisal reports shall be prepared in ink or typewritten, dated and signed by the individual making the appraisal prior to being submitted to a Review Appraiser. n. Each appraisal report shall contain an appraiser's certification. A new certificate shall be prepared where there is a change in the appraisal report, which affects the estimate of market value or changes the date of valuation. An exception to including all requirements in each appraisal report is permitted where project data containing the same information has been developed to supplement the reports, In such instances, an appropriate reference to the information may be considered as equivalent to its inclusion in the appraisal report. o. The Appraiser agrees to furnish one original green copy and three copies of the appraisal report. P. The Appraiser agrees to testify in court on behalf of the LPA on any of the parcels described herein. q. All information contained in the appraisal report and all parts thereof are to be treated as a privileged communication. The Appraiser shall take all necessary steps to ensure that neither he/she nor any member of his/her staff or organization divulges any information concerning the report except to a duly authorized representative of the LPA, the Indiana Department of Transportation or to officials of the Federal Highway Administration, until authorized in writing by the LPA to reveal the communication to another designated party. C. APPRAISAL REVIEW SERVICES Rita Ann Gabriel & Associates, Inc. 110 W. Be!U St., Suite 1907, Fort Wayne, Indiana 46802 a corporation incorporated in Indiana shall hereinafter be referred to as the Review Appraiser. a. The Review Appraiser shall be a Certified Appraiser in the State of Indiana and designated as a Review Appraiser on INDOT's Approved Appraisers List. The same individual may prepare the Appraisal Problem Analysis and complete the Appraisal Review. b. The same individual will be precluded from completing the Appraisal and Appraisal Review on the same parcel per INDOT standards. C. The Appraisal Review shall not be sublet, assigned or otherwise performed by anyone other than the Review Appraiser. 20