PSA - Riverside Drive Bank Stabilization Contract - Jones, Petrie, Rafinski Corp.

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COSB – Board of Public Works October 16, 2020 Page 2 of 4 intent of this act will be followed throughout this process as it relates to the interactions, both written and verbal, with the affected landowners. We will also discuss the notion of donating the needed easements with the affected landowners as soon as the opportunity arises. This would be done in the interest of trying to control the amount of resources needed to facilitate the project’s commencement, and in recognition of the possible value brought to the properties in question or preserved on behalf of the properties in question, by the expenditure of public resources needed to accomplish the project at hand. This proposal is intended to include those applicable Professional Services that JPR is qualified to provide, as it relates to determining the geometric details of the easements needed, authoring legal descriptions and creating parcel plats for the same, procurement and coordination of title searches (to verify current ownership) and appraisals (required to help determine a reasonable value for each needed easement), initiating and conducting formal contact with the affected landowners, all collectively in the hopes of helping the COSB reach an agreement with each of them with respect to creating and transferring the easements needed. ANTICIPATED SCOPE OF WORK: The work associated with the task at hand is best described in several stages, as follows: 1.Subject Property Research or “Diligence:” – JPR will order complete title searches on the properties and review the same in order to compare what is found resultant of the same to the proposed easements needed, in order to (1) make sure no unusual title histories or previously existing easements or encumbrances will create any title conflicts going forward, and to (2) verify current ownership of the parcels. 2.At the same time Task #1 commences, we will also prepare initial packets of correspondence to the affected owners introducing the topic, explaining as much of the situation as possible, and providing complete contact information for the staff on our team involved in the hopes to begin productive discussions and interaction with them as soon as possible. 3.Also at the same time Task #1 begins, we will seek the services of an Indiana licensed real estate broker to establish opinions of market value respectively, so that we have reliable data with which to determine what is likely a reasonable value (and purchase offer) for the easements in question, that is in line with the spirit and intent of the URA. 4.Discussions with each owner related to whether or not they wish to donate or be compensated for the easements will ensue, and we will seek their execution of a contract to purchase (or donate) the easements as a result. Based on previous experience with similar assignments associated with City of South Bend projects, we assume that at such time a verbal agreement is reached with a landowner in question, the rest of the interaction with said landowner will be assumed and taken over by the COSB’s legal department. (to coordinate final payment, closing, and transfer of the easement)