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~1~i Im~olznzlaryAcouisi~ion~ if SBIIF is unable to successfulh negotiate purchase of <br />the subject propert~~, SBI1F ma~~ recommend that the Commission proceed to utilize the <br />po~~-er of eminent domain. Not~~~ithstanding the foregon~g. all decisions concerning the <br />exercise of eminent domain shall be at the sole discretion of the Commission. An~~ <br />appraisals obtained b,~ SBIIF incidental to im~oluntar~~ acquisition of propem~ sha11 be <br />conducted by M.A.I. certified appraisers. in negotiating propem~ acquisition on the <br />Commission's behalf, SBHI= shall not threaten the use of eminent domain anainst a <br />propem~ o~~~ier as a means of negotiation. <br />II. Demolition: Em~ironmentaL Miscellaneous Consultants!Contractors. <br />SBHI= shall obtain not less than three (~} quotes from qualifed <br />persons contractors%companies setlin~~ forth the scope of ~~,~ork to be performed, the cost <br />of such ~~ork and the teens and conditions thereof. SBHF shall re~~ic~~ the quotes <br />recei~~ed and make a reconunendation to the Commission for the Commission's final <br />appro~°al. Excepting contracts related to propert~~ maintenance. SBHF shall not execute <br />an~~ contract on the Commission's bcha]£ ~aithoui prior appro~~al of the Commission. <br />In~~oices seekin~~ pa~~ment for such scr~~ices sha11 be submitted to the Commasion or_ at <br />SI3HF's option. it mad' make payment for such ser~~ices and seek reimbursement from the <br />Commission upon submission of ~~~ritten documentation supporting said reimbursement <br />request. <br />III. Sur~~c~~: Pro~ert~ ?y'(aintenance. <br />SBIIF shall obtain not Icss than (~j three quotes from qualified <br />persons'amtractors!companies and shall select rite lo~~es1_ responsible, responsi~°e bidder. <br />SBI-IF may execute a contract on the Commissions behalf ~t~ithout prior approra] of the <br />Commission pro~'ided that the cost of the contract does not exceed ~I,~00.00. <br />I~'. Title Insurance. <br />SBIIF shall obtain title ~~°ork f om either Meridian 1 isle Corporation or <br />Metropolitan Title Corporation and shall execute such agreements a_s are reasonable and <br />necessar~~ on behalf of and as a~~ent for the Comn>zssion. <br />,:.U'1, 1.Pi:0 ~TS PAA _,,C!i!;P~~ 1cI;G~3~ii[!~~! A'4 ~Y~'~I~>llUC <br />