Professional Services Agreement - American Structurepoint Inc - West Side Quiet Zone

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DocuSign Envelope ID: 295F7F4F-778D-4E36-838C-D2E4BB27ECC8 10. Where an entire property is to be acquired, the estimate of just compensation shall be the fair market value of the property. Where only part of a property is to be acquired, the estimate of just compensation shall be that amount arrived at in accordance with the laws governing just compensation applicable to the acquiring agency, including those laws governing compensable and non-compensable items and the treatment of general and special benefits. For whole or partial acquisitions, the appraisal report shall show what in the appraiser's judgment is a reasonable allocation of the "before value" to the various land, building, and other improvement components. For partial acquisitions, the appraisal report shall further show a similar allocation of the "after value." 11. In estimating just compensation for the acquisition of real property, appraisal reports shall to the greatest extent practicable under state law, disregard any decrease or increase in the fair market value of the real property prior to the date of valuation caused by the public improvement for which such property would be acquired for such improvement, other than that due to physical deterioration within the reasonable control of the owner. 12. Documentation of estimates of value (either the before, the after, or the acquisition value) of damages and/or of special benefits shall be by the most applicable and appropriate means available. If support for the after value by the usual methods of market or income data or indications from severance damage studies is not feasible, the Appraiser(s) shall so state and explain why it is not feasible. In such instances, the Appraiser(s) must then fully explain the reasoning for the after value estimate. 13. The Appraiser's report shall conform to statutory and judicial determinations regarding non-compensable items. a. The purpose of the appraisal, which includes a statement of value to be estimated and the rights or interests being appraised. b. Identification of the property and its ownership, including at least a 5-year delineation of title. c. Statement of appropriate contingent and limiting conditions, if any. d. An adequate description e. Identified photographs of the subject property, including all principal above- ground improvements or unusual features affecting the value of the property to be acquired or damaged. f. An identification or listing of the buildings, structures, and other improvements on the land, as well as the fixtures that the Appraiser considers to be a part of the real property to be acquired. g. The estimate of just compensation for or resulting from the acquisition. In the case of a partial acquisition, where appropriate, the Appraiser(s) shall make a Page 3 (Exhibit A — Engineer's Services) EJCDC E-500 Agreement Between Owner and Engineer for Professional Services Copyright © 2008 National Society of Professional Engineers for ETCDC. All rights reserved.