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HomeMy WebLinkAboutParkcenter Realty Advisors - 2009-01-14 Eve J CONTRACTS SUBMITTAL TO He fls�! re CITY CLERK'S OF IC fftq iiii'l 15 FI-1 "3 5 6 To: JOAN FLYNN, City Clerk Name of Contractor: Parkcenter Realty Advisors Purpose of Contract: For Example:Audit Services or Water Quality Testing Huntington Lake—Huntington Central Park Apprasial Services Amount of Contract: $30,000.00 Copy of contract distributed to: The original insurance certificate/waiver distributed Initiating Dept. F-1 to Risk Management 0 Finance Dept. F-1 ORIGINAL bonds sent to Treasurer El kDate: en i� 0 -n s i City Attorney's Office �Z 2�) G:AttyMisc/Contract Forms/City Clerk Transmittal PROFESSIONAL SERVICES CONTRACT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH AND PARKCENII;R REALTY ADVISORS' FOR APPRAISAL SERVICES Table of Contents 1 Scope of Services.....................................................................................................1 2 Agency Staff Assistance..........................................................................................2 3 Term;Time of Performance.....................................................................................2 4 Compensation..........................................................................................................2 5 Extra Work...............................................................................................................2 6 Method of Payment..................................................................................................3 7 Disposition of Plans, Estimates and Other Documents ...........................................3 8 Hold Harmless .........................................................................................................3 9 Professional Liability Insurance............................................................................4 10 Certificate of Insurance............................................................................................5 11 Independent Contractor............................................................................................6 12 Termination of Agreement.......................................................................................6 13 Assignment and Delegation......................................................................................6 14 Copyrights/Patents...................................................................................................7 15 Agency Employees and Officials.............................................................................7 16 Notices.........................................................................................7 17 Consent..... ..............................................................................................................8 18 Modification.............................................................................................................8 19 Section Headings.....................................................................................................8 20 Interpretation of this Agreement..............................................................................8 21 Duplicate Original....................................................................................................9 22 Immigration...............................................................................................................9 23 Legal Services Subcontracting Prohibited................................................................9 24 Attorney's Fees..........................................................................................................10 25 Survival.....................................................................................................................10 26 Governing Law........................................................................................................:10 27 Signatories.................................................................................................................10 28 Entirety......................................................................................................................10 29 Effective Date............................................... ...............................I I PROFESSIONAL SERVICES CONTRACT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH AND pAgKCE= REALTY ADVISORS FOR APPRAISAL SERVICES THIS AGREEMENT ("Agreement") is made and entered into by and between the Redevelopment Agency of the City of Huntington Beach, a public body of the State of California, hereinafter referred to as "AGENCY, and Parkcenter Realty Advisors, a corporation hereinafter referred to as "CONSULTANT." WHEREAS, AGENCY desires to engage the services of a consultant to provide appraisal services ; and Pursuant to documentation on file in the office of the Agency Clerk, the provisions of the Huntington Beach Municipal Code, Chapter 3.03, relating to procurement of professional service contracts have been complied with; and CONSULTANT has been selected to perform these services, NOW, THEREFORE, it is agreed by AGENCY and CONSULTANT as follows: I. SCOPE OF SERVICES CONSULTANT shall provide all services as described in Exhibit "A," which is attached hereto and incorporated into this Agreement by this reference. These services shall sometimes hereinafter be referred to as the "PROJECT." CONSULTANT hereby designates Christopher N. Hardy who shall represent it and be its sole contact and agent in all consultations with AGENCY during the performance of this Agreement. agree/surfnet/agency prof svcs to$49,999 12-07 1 2. AGENCY STAFF ASSISTANCE AGENCY shall assign a staff coordinator to work directly with CONSULTANT in the performance of this Agreement. 3. TERM; TIME OF PERFORMANCE Time is of the essence of this Agreement. The services of CONSULTANT are to commence on a/P-- / , 20 (the "Commencement Date"). This Agreement shall automatically terminate three (3) years from the Commencement Date, unless extended or sooner terminated as provided herein. All tasks specified in Exhibit "A" shall be completed no later than three (3) years from the Commencement Date. The time for performance of the tasks identified in Exhibit "A" are generally to be shown in Exhibit "A." This schedule may be amended to benefit the PROJECT if mutually agreed to in writing by AGENCY and CONSULTANT. In the event the Commencement Date precedes the Effective Date, CONSULTANT shall be bound by all terms and conditions as provided herein. 4. COMPENSATION In consideration of the performance of the services described herein, AGENCY agrees to pay CONSULTANT on a time and materials basis at the rates specified in Exhibit "B," which is attached hereto and incorporated by reference into this Agreement, a fee, including all costs and expenses, not to exceed thirty thousand--------------------------Dollars ($ 30,000.00-------). 5. EXTRA WORK In the event AGENCY requires additional services not included in Exhibit "A" or changes in the scope of services described in Exhibit "A," CONSULTANT will undertake such work only after receiving written authorization from AGENCY. agree(surfnetlagency prof svcs to$49,999 12-07 2 Additional compensation for such extra work shall be allowed only if the prior written approval of AGENCY is obtained. 6. METHOD OF PAYMENT CONSULTANT shall be paid pursuant to the terms of Exhibit "1B." 7. DISPOSITION OF PLANS, ESTIMATES AND OTHER DOCUMENTS CONSULTANT agrees that title to all materials prepared hereunder, including, without limitation, all original drawings, designs, reports, both field and office notices, calculations, computer code, language, data or programs, maps, memoranda, letters and other documents, shall belong to AGENCY, and CONSULTANT shall turn these materials over to AGENCY upon expiration or termination of this Agreement or upon PROJECT completion, whichever shall occur first. These materials may be used by AGENCY as it sees fit. 8. HOLD HARMLESS CONSULTANT hereby agrees to protect, defend, indemnify and hold harmless AGENCY, its officers, elected or appointed officials, employees, agents and volunteers from and against any and all claims, damages, losses, expenses, judgments, demands and defense costs (including, without limitation, costs and fees of litigation of every nature or liability of any kind or nature) arising out of or in connection with CONSULTANT's (or CONSULTANT's subcontractors, if any) negligent (or alleged negligent) performance of this Agreement or its failure to comply with any of its obligations contained in this Agreement by CONSULTANT, its officers, agents or employees except such loss or damage which was caused by the sole negligence or willful misconduct of AGENCY. CONSULTANT will conduct all defense at its sole cost and expense and AGENCY shall approve selection of CONSULTANT's counsel. This agree/surfnet/agency prof svcs to$49,999 12-07 3 indemnity shall apply to all claims and liability regardless of whether any insurance policies are applicable. The policy limits do not act as limitation upon the amount of indemnification to be provided by CONSULTANT. 9. PROFESSIONAL LIABILITY INSURANCE CONSULTANT shall obtain and furnish to AGENCY a professional liability insurance policy covering the work performed by it hereunder. This policy shall provide coverage for CONSULTANT's professional liability in an amount not less than One Million Dollars ($1,000,000.00) per occurrence and in the aggregate. The above- mentioned insurance shall not contain a self-insured retention, "deductible" or any other similar form of limitation on the required coverage except with the express written consent of AGENCY. A claims-made policy shall be acceptable if the policy further provides that: A. The policy retroactive date coincides with or precedes the initiation of the scope of work (including subsequent policies purchased as renewals or replacements). B. CONSULTANT shall notify AGENCY of circumstances or incidents that might give rise to future claims. CONSULTANT will make every effort to maintain similar insurance during the required extended period of coverage following PROJECT completion. If insurance is terminated for any reason, CONSULTANT agrees to purchase an extended reporting provision of at least two (2) years to report claims arising from work performed in connection with this Agreement. If CONSULTANT fails or refuses to produce or maintain the insurance required by this section or fails or refuses to furnish the AGENCY with required proof that insurance has been procured and is in force and paid for, the AGENCY shall have the agree/surfnet/agency prof svcs to$49,999 12-07 4 right, at the AGENCY's election, to forthwith terminate this Agreement. Such termination shall not effect Consultant's right to be paid for its time and materials expended prior to notification of termination. CONSULTANT waives the right to receive compensation and agrees to indemnify the AGENCY for any work performed prior to approval of insurance by the AGENCY. 10. CERTIFICATE OF INSURANCE Prior to commencing performance of the work hereunder, CONSULTANT shall furnish to AGENCY a certificate of insurance subject to approval of the Agency Counsel evidencing the foregoing insurance coverage as required by this Agreement; the certificate shall: A. provide the name and policy number of each carrier and policy; B. state that the policy is currently in force; and C. shall promise that such policy shall not be suspended, voided or canceled by either party, reduced in coverage or in limits except after thirty (30) days' prior written notice; however, ten (10) days' prior written notice in the event of cancellation for nonpayment of premium. CONSULTANT shall maintain the foregoing insurance coverage in force until the work under this Agreement is fully completed and accepted by AGENCY. The requirement for carrying the foregoing insurance coverage shall not derogate from CONSULTANT's defense, hold harmless and indemnification obligations as set forth in this Agreement. AGENCY or its representative shall at all times have the right to demand the original or a copy of the policy of insurance. CONSULTANT shall pay, in a prompt and timely manner, the premiums on the insurance hereinabove required. agree/surfnet/agency prof svcs to$49,999 12-07 5 11. INDEPENDENT CONTRACTOR CONSULTANT is, and shall be, acting at all times in the performance of this Agreement as an independent contractor herein and not as an employee of AGENCY. CONSULTANT shall secure at its own cost and expense, and be responsible for any and all payment of all taxes, social security, state disability insurance compensation, unemployment compensation and other payroll deductions for CONSULTANT and its officers, agents and employees and all business licenses, if any, in connection with the PROJECT and/or the services to be performed hereunder. 12. TERMINATION OF AGREEMENT All work required hereunder shall be performed in a good and workmanlike manner. AGENCY may terminate CONSULTANT's services hereunder at any time with or without cause, and whether or not the PROJECT is fully complete. Any termination of this Agreement by AGENCY shall be made in writing, notice of which shall be delivered to CONSULTANT as provided herein. In the event of termination, all finished and unfinished documents, exhibits, report, and evidence shall, at the option of AGENCY, become its property and shall be promptly delivered to it by CONSULTANT. 13. ASSIGNMENT AND DELEGATION This Agreement is a personal service contract and the work hereunder shall not be assigned, delegated or subcontracted by CONSULTANT to any other person or entity without the prior express written consent of AGENCY. If an assignment, delegation or subcontract is approved, all approved assignees, delegates and subconsultants must satisfy the insurance requirements as set forth in Sections 9 and 10 hereinabove. agree/surfnet/agency prof svcs to$49,999 12-07 6 14. COPYRIGHTS/PATENTS AGENCY shall own all rights to any patent or copyright on any work, item or material produced as a result of this Agreement. 15. AGENCY EMPLOYEES AND OFFICIALS CONSULTANT shall employ no AGENCY official nor any regular AGENCY employee in the work performed pursuant to this Agreement. No officer or employee of AGENCY shall have any financial interest in this Agreement in violation of the applicable provisions of the California Government Code. 16. NOTICES Any notices, certificates, or other communications hereunder shall be given either by personal delivery to CONSULTANT's agent (as designated in Section 1 hereinabove) or to AGENCY as the situation shall warrant, or by enclosing the same in a sealed envelope, postage prepaid, and depositing the same in the United States Postal Service, to the addresses specified below. AGENCY and CONSULTANT may designate different addresses to which subsequent notices, certificates or other communications will be sent by notifying the other party via personal delivery, a reputable overnight carrier or U. S. certified mail-return receipt requested: TO AGENCY: TO CONSULTANT: Redevelopment Agency of the Christopher N. Hardy City of Huntington Beach 801 North Parkcenter Drive Suite 210 ATTN: Tina Krause Santa Ana, CA 92705 2000 Main Street Huntington Beach, CA 92648 714-547-1733 agree/surfnet/agency prof svcs to$49,999 12-07 7 17. CONSENT When AGENCY'S consent/approval is required under this Agreement, its consent/approval for one transaction or event shall not be deemed to be a consent/approval to any subsequent occurrence of the same or any other transaction or event. 18. MODIFICATION No waiver or modification of any language in this Agreement shall be valid unless in writing and duly executed by both parties. 19. SECTION HEADINGS The titles, captions, section, paragraph and subject headings, and descriptive phrases at the beginning of the various sections in this Agreement are merely descriptive and are included solely for convenience of reference only and are not representative of matters included or excluded from such provisions, and do not interpret, define, limit or describe, or construe the intent of the parties or affect the construction or interpretation of any provision of this Agreement. 20. INTERPRETATION OF THIS AGREEMENT The language of all parts of this Agreement shall in all cases be construed as a whole, according to its fair meaning, and not strictly for or against any of the parties. If any provision of this Agreement is held by an arbitrator or court of competent jurisdiction to be unenforceable, void, illegal or invalid, such holding shall not invalidate or affect the remaining covenants and provisions of this Agreement. No covenant or provision shall be deemed dependent upon any other unless so expressly provided here. As used in this Agreement, the masculine or neuter gender and singular or plural number shall be deemed to include the other whenever the context so indicates or requires. Nothing contained herein shall be construed so as to require the commission of any act agree/surfnet/agency prof svcs to$49,999 12-07 8 contrary to law, and wherever there is any conflict between any provision contained herein and any present or future statute, law, ordinance or regulation contrary to which the parties have no right to contract, then the latter shall prevail, and the provision of this Agreement which is hereby affected shall be curtailed and limited only to the extent necessary to bring it within the requirements of the law. 21. DUPLICATE ORIGINAL The original of this Agreement and one or more copies hereto have been prepared and signed in counterparts as duplicate originals, each of which so executed shall, irrespective of the date of its execution and delivery, be deemed an original. Each duplicate original shall be deemed an original instrument as against any party who has signed it. 22. IMMIGRATION CONSULTANT shall be responsible for full compliance with the immigration and naturalization laws of the United States and shall, in particular, comply with the provisions of the United States Code regarding employment verification. 23. LEGAL SERVICES SUBCONTRACTING PROHIBITED CONSULTANT and AGENCY agree that AGENCY is not liable for payment of any subcontractor work involving legal services, and that such legal services are expressly outside the scope of services contemplated hereunder. CONSULTANT understands that pursuant to Huntington Beach City Charter Section 309, the Agency Counsel is the exclusive legal counsel for AGENCY; and AGENCY shall not be liable for payment of any legal services expenses incurred by CONSULTANT. agree/surfnet/agency prof svcs to$49,999 12-07 9 24. ATTORNEY'S FEES In the event suit is brought by either party to construe, interpret and/or enforce the terms and/or provisions of this Agreement or to secure the performance hereof, each party shall bear its own attorney's fees, such that the prevailing party shall not be entitled to recover its attorney's fees from the nonprevailing party. 25. SURVIVAL Terms and conditions of this Agreement, which by their sense and context survive the expiration or termination of this Agreement, shall so survive. 26. GOVERNING LAW This Agreement shall be governed and construed in accordance with the laws of the State of California. 27. SIGNATORIES Each undersigned represents and warrants that its signature hereinbelow has the power, authority and right to bind their respective parties to each of the terms of this Agreement, and shall indemnify AGENCY fully for any injuries or damages to AGENCY in the event that such authority or power is not, in fact, held by the signatory or is withdrawn. CONSULT'ANI''s Initials 28. ENTIRETY The parties acknowledge and agree that they are entering into this Agreement freely and voluntarily following extensive arm's length negotiation, and that each has had the opportunity to consult with legal counsel prior to executing this Agreement. The parties also acknowledge and agree that no representations, inducements, promises, agreements or warranties, oral or otherwise, have been made by that party or agree/surfnet/agency prof Svcs to$49,999 12-07 10 anyone acting on that party's behalf, which are not embodied in this Agreement, and that that party has not executed this Agreement in reliance on any representation, inducement, promise, agreement, warranty, fact or circumstance not expressly set forth in this Agreement. This Agreement, and the attached exhibits, contain the entire agreement between the parties respecting the subject matter of this Agreement, and supersede all prior understandings and agreements whether oral or in writing between the parties respecting the subject matter hereof. 29. EFFECTIVE DATE IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by and through their authorized officers. This Agreement shall be effective on the date of its approval by the Agency Counsel. This Agreement shall expire when terminated as provided herein. CONSULTANT, REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH, a PARKCENTER REALTY ADVISORS, INC. political body of the State of California COMPANY NAME By: Deputy xecutiv ctor _ ZY*444n�� ?/K� Christopher N. Hardy print name ITS: (circle one)Chairman/President/Cce Presiden APPROVED AS TO FORM: AND t Agency Counsel By: Date MAMA-Ar a. l Y print name ITS: (circle on Secret hief Financial Officer/Asst. Secretary—Treasurer agree/surfnet/agency prof svcs to$49,999 12-07 I I EXHIBIT "A" A. STATEMENT OF WORK: (Narrative of work to be performed) PARKCENTER REALTY ADVISORS will provide appraisal services to the city on an as- needed basis. B. CONSULTANT'S DUTIES AND RESPONSIBILITIES: Services Required For Acquisition of Private Property: If the City requires real estate appraisal services for the acquisition of private property, the consultant will conduct an appraisal study to estimate Fair Market Value of the property. Fair Market Value is defined in Section 1263.320 of the California Code of Civil Procedure. If the subject property represents a"total taking" by the City or Redevelopment Agency,the appraiser will be guided by said definition of Fair Market Value. If the appraisal assignment involves a partial taking of a parent property for a school project, the objective of the appraisal study will be the estimation of Total Just Compensation including the consideration of severance damages and project benefits, as may be appropriate. The work plan for the appraisal of a partial taking appraisal study will be more extensive than the total taking of a property. The following procedure addresses a total acquisition situation. 1. A Notice of Intent to Appraise will be issued to the subject property owner by the appraiser (following the issuance of a Notice of Decision to Appraise issued by the City or Redevelopment Agency. The Notice of Intent to Appraise will, among other things, invite the subject property owner or his/her representative to accompany the appraiser at the time of the formal appraisal inspection. The appraiser will also submit a "Property Data" form along with the notification letter, which form allows the property owner the opportunity to convey information to the appraiser regarding recent repairs and upgrades made to the property, and the cost thereof, the form also requests information regarding existing leases and rental history as may be applicable. 2. The property owner is generally allowed ten days to respond to the Notice of Intent to Appraise. If the owner responds and is cooperative, the consultant will schedule an appointment at the owner's convenience. If the owner does not respond, the appraiser will attempt to contact the owner by telephone, or at the subject property. If the owner does not respond and the property is tenant occupied, arrangements will be made with the tenant for the formal appraisal inspection (as the tenant has possession and possessory rights to the property). 3. The consultant will perform the formal appraisal inspection, which will include the measurement of all buildings and site improvements. Photographs will be taken of all buildings (including interior photographs) and site improvements. The construction detail of all buildings will be recorded (foundation, floor, exterior walls, etc.). If the property owner and/or tenant deny the appraiser access, the City Surfnet Exhibit A will be advised, and information will be obtained (1) by viewing the subject property from the adjacent public rights-of-way (in order to avoid trespass), as well as (2) from public records and other sources. 4. The consultant will determine the zoning of the subject property, along with development standards, by contact with the proper zoning authority. If there is a question regarding the highest and best use of the subject property, and that use is not in accordance with, or is not permitted within, the existing zoning, the consultant will obtain an indication from the proper zoning official as to the reasonable probability of obtaining a zone change, variance or Conditional Use Permit. The appraisal of the subject property will be based on the legal use which, in most cases, will be the current use. 5. The appraiser will initiate A market research program to locate land sales, improved property sales and rental data, as appropriate, for the application of those conventional valuation methods applicable to the subject property in the "before" condition. The three conventional valuation methods include the Sales Comparison Approach, Cost-Summation Approach and Income Capitalization Approach. Various data sources (title company, data publication services, and in-person contact with real estate agents and professional property managers) will be utilized in order to obtain an adequate and representative amount of market data for the application of the valuation methods. 6. All market data (land sales, improved property sales and rental information) will be viewed, photographed and confirmed with a party of interest; the sales will be confirmed by the grantor, grantee or agent involved in the transaction; the rental data will be confirmed by the lessor, lessee and/or agent involved in the transaction. Note that it is important to obtain a confirmation of the sale price (or lease rate) and terms of sale (or lease terms) in order to properly analyze the sale or rental property as it relates to the subject property. 7. The consultant will apply the valuation analysis to the subject property by application of the three conventional valuation methods, as applicable. 7a. The Sales Comparison Approach will utilize land sales, as well as improved property sales; adjustments will be made as appropriate for such items as market conditions existing as of the date of sale, financing, and the various elements of comparability, i.e. location, immediate environmental influences, land size, land configuration, building size, building condition, construction quality, etc. 7b. The Cost-Summation Approach will be applied employing the land value estimate derived via the Sales Comparison Approach, plus the replacement cost new of buildings and site improvements less a certain amount of depreciation based on the physical condition, functional utility, and possibly economic or locational obsolescence. The value indication produced by the Cost-Summation Approach is the sum of the land value (as if vacant and available for a highest and best use development), plus the depreciated value Surfnet Exhibit A of all improvements. Note that the replacement cost new will include both direct and indirect costs (sometimes referred to as "hard" and"soft" costs). 7c. The Income Capitalization Approach is based essentially on the amount of net income capable of being derived by a property, which net income is then capitalized, or converted to an indication of value, by an appropriate capitalization rate derived from sales of reasonably comparable investment- type properties. The application of the Income Capitalization Approach includes the proper estimate of gross income capable of being generated by the subject property, then adjusted for a proper vacancy rate and proper amount of fixed and operating expenses. The proper income applicable to the subject property is estimated by way of the comparison process after reviewing rental rates of other reasonably comparable properties. The vacancy charge is based on a survey of other similar properties in the subject market area. The actual expenses of the subject property will be considered along with"industry standards" and expense ratios of other similar properties. The capitalization rate will also be determined based on market evidence, i.e. sales of reasonably similar investment properties wherein the sale price thereof and net operating income can be determined or obtained from a party of interest in the sale transaction. There are certain sources of summarized capitalization rates and yield rates that are available from the national appraisal organizations, and private real estate data source companies. A Discounted Cash Flow Analysis may be used in lieu of a conventional Income Capitalization Approach; the Discounted Cash Flow Analysis, or Yield Capitalization, is a procedure in which a discount rate is applied to a set of projected income streams (or cash flows) and a monetary reversion at the end of the holding period (unless the study involves the leasehold up to and including the lease termination date). The analysis will generally cover a period of at least five years, and usually 10, 15 or 20 years. 8. The value indications produced by the three valuation methods will theoretically produce the same value, however, that is rarely the case due to the imperfection of the real estate market. The consultant will reconcile the differences based on that valuation method (approach) which is supported by the most reliable market data. Similar weight, then, may be assigned to more than one valuation method. The value of the subject property will be based accordingly. 9. Appraiser and all employees shall adhere to appraisal practices as required to conform to the Uniform Standards of Professional Appraisal Practice (USPAP). Appraisal Required of City-Owned Property: The real estate appraisal process is essentially the same for appraising virtually all types of property, however, in the event City-owned property is appraised, the notification process will be unnecessary. Surfnet Exhibit A Christopher N. Hardy will serve as the principal appraiser for all assignments issued by the City of Huntington Beach. Certain associates may assist from time to time, however, Christopher N. Hardy will be present and serve as the principal appraiser in all phases of an appraisal assignment, including the inspection of the subject property(ies), market data gathering process, market data analysis, valuation analysis, and drafting of the formal appraisal report. At the City's option, the following services may be provided: Provide appraisals for publicly offered land. Secure written permission from owners to enter properties from which land is to be acquired; prepare and conduct pre-appraisal contact with interested owners for each parcel; contact property owners or their representatives to offer an opportunity to accompany the appraiser on the appraiser's inspection of subject property; prepare a complete appraisal report for each parcel to be acquired; as necessary, prepare written notification to the City of any concerns associated with properties to be acquired which could require remediation; and review completed appraisals with City staff. Prepare written appraisals of furniture, fixtures, and equipment or for special use properties. Provide appraisals for insurance and/or insurance renewal purposes for multiple parcel or structural evaluations. As necessary, review appraisal reports to determine consistency with values, supporting documentation related to the conclusions reached, and compliance with the Uniform Standards of Professional Appraisal Practices. Appraiser may also be required to provide appraisal-related consulting services on an "as- needed" basis. C. CITY'S DUTIES AND RESPONSIBILITIES: City will provide vendor with detailed scope of work for each appraisal assignment. D. WORK PROGRAM/PROJECT SCHEDULE: The consultant will provide a timeline for each appraisal assignment requested. Surfnet Exhibit A EXHIBIT "B" Payment Schedule (Hourly Basis) 1. CONSULTANT shall be entitled to monthly payments for work performed under this contract on a not-to-exceed basis. A. Total fees shall not exceed Thirty Thousand Dollars ($30,000.00). CONSULTANT agrees to inform the CITY when CONSULTANT is at the point of reaching the maximum limit. The fee schedule for professional real estate appraisal services will be based on the following fee structure: Individual Appraisal Services Rates Post-Appraisal/Trial Rates Robert A. Steele, MAI, CRE $200/Hour $250/Hour Christopher N. Hardy, MAI $200/Hour $250/Hour Clay S. Harris, MAI $200/Hour $250/Hour Marian L. Lamb $125/Hour $150/Hour 2. Delivery of work product: A copy of every memorandum, letter, report, calculation and other documentation prepared by CONSULTANT shall be submitted to CITY to demonstrate progress toward completion of tasks. In the event CITY rejects or has comments on any such product, CITY shall identify specific requirements for satisfactory completion. 3. CONSULTANT shall submit to CITY an invoice for each monthly progress payment due. Such invoice shall: A) Reference this Agreement; B) Describe the services performed; C) Show the total amount of the payment due; D) Include a certification by a principal member of CONSULTANT's firm that the work has been performed in accordance with the provisions of this Agreement; and E) For all payments include an estimate of the percentage of work completed. Upon submission of any such invoice, if CITY is satisfied that CONSULTANT is making satisfactory progress toward completion of tasks in accordance with this Agreement, CITY shall approve the invoice, in which event payment shall be made within thirty (30) days of receipt of the invoice by CITY. Such approval shall not be unreasonably withheld. If CITY does not approve an invoice, CITY shall notify CONSULTANT in writing of the reasons for non-approval and the schedule of performance set forth in Exhibit "A" may at the option of CITY be suspended until the parties agree that past performance by CONSULTANT is in, or has been brought into compliance, or until this Agreement has expired or is terminated as provided herein. Surfnet Exhibit B EXHIBIT B Hourly Basis 4. Any billings for extra work or additional services authorized in advance and in writing by CITY shall be invoiced separately to CITY. Such invoice shall contain all of the information required above, and in addition shall list the hours expended and hourly rate charged for such time. Such invoices shall be approved by CITY if the work performed is in accordance with the extra work or additional services requested, and if CITY is satisfied that the statement of hours worked and costs incurred is accurate. Such approval shall not be unreasonably withheld. Any dispute between the parties concerning payment of such an invoice shall be treated as separate and apart from the ongoing performance of the remainder of this Agreement. Surfnet Exhibit B EXHIBIT B Hourly Basis r; (271.5!?I1118 08:36 TREA fieathel- Nood4hWiann Lamb 2/2 THIS GER7'If[QAT� t? QAQ fi!! ! �y FxAT pk7ED r �1I !@.!�C e Huai hef fODCI L s s s r,. 777 �yy issuaDAre 1n,Er;r rrl �✓ RT � .� .. . .ice a x¢ b 12/1$103 PRODUCER: THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS.UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE Associations LiabilityInsurance.A enG Inc. DOES NOT AMEND.EXTEND OR ALTER THE COVERAGE AFFORDED BY THE Y. POLICIES BELOW. . 4907 Morena Blvd.,Suite 1415 COMPANIES AFFORDING.COVERAGE .San Diego,CA 92117 COMPANY LET7FR A National Union Fire Insurance Com. anv INSURED:. CONIPANY LETTER B Christopher N. Hardy t Parkeenter Consultants,Inc. COMPANY LETTER C 801 N. Parkcenter Drive, Suite 210 COMPANY LETTEr, D Santa Ana, CA 92705 COWANY I ��jy tr LETTER E '- ..,.•IES n OF INS...:.'. THIS JS TO CERTIFY THAT THE POLICLIRANCE.LISTED BELOW.HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED; NOTWITHSTANDING ANY REQUIREMENT,TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN. THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF-SUCH.POLICIES. LIMITS SHOWN 14AY HAVE BEEN REDUCED BY PAID CLAIMS. CO POLICY POLICY .. LTR TYPE OF INSURANCE POLICYNUMBER EFFECTIVE- EXPIRATION LIMITS DATE DATEfMt1tLcowel i[MM0DAr.'I C AL LIABILITY GE WE RA L.AC,CREGATE 1:;,kT --P,CIAL'_ENERAL LIA.FII.IT'! [04PIC, CLA I a AI:L E PEFS•GNAL E:AD'J. INd!<FY vC!IF ghP=c -• EACH.C+:itJF'FEtvJE i:'jIITRA,FT.-RS F'S Q1 FIRE DAMAGE 4AAY pine fife! p'rf}.5t=•E'�ti PER4,TI---lis ASEL E;tPLA i.Y pna Persia AUTOMOBILE LIABILITY r,;A,�NEG SIrr=LE LIMIT Afff A(37Lr r ALL L4vV1-IE1-AUTO: . eitLILS'IN,AJRY lPef NEo!!LeD AIJY;; D ry+® ! �® rkrar,ri) R NIPED AUT-0S . - EODLY INJ!In'i Upei. ... ...._..... -......_..-.. ..... .ucrix ,,LE_ ,2•EEe A!rt's C knt) -. �1 tu / I •.APA-EL1;1ZLITi �� / PROPERTY D;,LLA6E `� t EXCESSLIABILITY EA-:H�•: UFT.E13�E L !t1dEFELIA.FC�FN ;%G"REL-ATE $ .iTH EP TW?N!R,tE='ILEA FORM > - S-ATUTOPY LII.IITS. WORKERS COMPENSATION i EA-_H AO:IDENT ..t xPFL' DISFASF LIMIT 3 . .. Ff4'I.iriESj'LIABILITY - GISEASE-E;A f EMPLOYEE OTHER 1'" PmtasscndLadl'�` Z:FIR EA01-047:5 6L212008 6/212004, 9LUUJ;l ) Cover Note Number Start' Expires AgaragaT= DESCRIPTION OF OPERATIONSILOCATIONSIVEHICLEWSPECIAL ITEMS - City nfHuntingtnn Beach. named is additional Ins-cared 6ERTiFtGATE;Ha.p R ' '« JXNEELS.YFI r$3 r r. P City.of Huntington Beach SHOULD ANY OF THE.ABOVE.oESCRiBED POLICIES BE CANCELLED BEFORE THE EXPIRATION 2UDU Main.Street = DATE THEREOF;THE J"UWG COMPANY WILL ENDEAVOR TO MAIL 30 DAYS WRITTEN NOTICE TOTHE CERTIFICATE HOLDER NAMEDTO THE LEFT,BUT FAIUIRE�TO MAIL SUCHNOTiCE SHALL Huntington Beach,CA BZ848 "`. IMPOSE ND OBLIGATION OR LIABILITY OF ANY KIND UPON THE COMPANY,ITS AGENTS:OR REPRESENTATIVES. AUTHORIZED REPRESENTATNE CERTIFICATE OF INSURANCE ISSUE DATE 12/08/2008 PRODUCER Cert#21997 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND HALL,MAHAR&ASSOCIATES INSURANCE SERVICES,INC. CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE 1475 S.STATE COLLEGE BLVD#226 DOES NOT AMEND,EXTEND OR ALTER THE COVERAGE AFFORDED BY THE ANAHEIM,CA 92806 POLICIES BELOW. (714)937-1500 FAX(714)937-1135 COMPANIES AFFORDING COVERAGE COMPANY A TRAVELERS CASUALTY INS CO OF.AMERICA INSURED COMPANY PARKCENTER CONSULTANTS INC B DBA: PARKCENTER REALTY ADVISORS . COMPANY 801 PARKCENTER DR#210 C SANTA ANA, CA 92705 COMPANY D COVERAGES THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED, NOTWITHSTANDING ANY REQUIREMENT,TERM OR CONDITION OFANY CONTRACTOR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAYBE ISSUED OR MAY PERTAIN,THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS,EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. GO TYPE OF INSURANCE POLICY NUMBER POLICY EFFECTIVE POLICY EXPIRATION LIMITS LTR DATE(MWDD/YY) DATE(MM/DDIYY) GENERAL LIABILITY GENERAL AGGREGATE $ 4,000,000 X COMMERCIAL GENERAL LIABILITY 680-1854M114 APR 1 08 APR 1 09 PRODUCTS-COMP/OP AGG. $ 4,000,000 LAMS MADE m OCCUR. PERSONAL&ADV INJURY $ 2,000,000 A OWNER'S&CONTRACTOR'S PROT. EACH OCCURRENCE $ 2,000,000 FIRE DAMAGE(Any One Fire) $ 300,000 MED.EXPENSE(Any One Person)$ 5,000 AUTOMOBILE LIABILITY ANY AUTO 680-1854M114 APR 108 APR 109 COMBINED SINGLE LIMIT $ 1,000,000 ALL OWNED AUTOS BODILY INJURY SCHEDULED AUTOS (Per Person) $ A X HIRED AUTOS Y ASZTO �A � BODILY INJURY � - X NON-OWNED AUTOS MCG t'. � � $ THy CltyA /'l�l (Per Accident)_.__-.. 1S3 •J PROPERTY DAMAGE $ GARAGE LIABILITY AUTO ONLY-EA ACCIDENT $ ANY AUTO OTHER THAN AUTO ONLY: EACH ACCIDENT $ AGGREGATE $ EXCESS LIABILITY EACH OCCURRENCE $ UMBRELLAFORM AGGREGATE $ OTHER THAN UMBRELLA FORM WORKER'S COMPENSATION AND STATUTORY LIMITS EMPLOYERS'LIABILITY EACH ACCIDENT $ THE PROPRIETOR/ INCL DISEASE-POLICY LIMIT $ PARTNERS/EXECUTIVE OFFICERS ARE: EXCL DISEASE-EACH EMPLOYEE $ OTHER DESCRIPTION OF OPERATIONSlLOCATIONSNEHICLESlSPECIAL ITEMS THE CITY CITY OF HUNTINGTON BEACH ITS OFFICERS,ELECTED OR APPOINTED OFFICIALS,EMPLOYEES,AGENTS AND VOLUNTEERS ARE NAMED AS ADDITIONAL INSURED OLE a rtlOf�l !2 r, .....,.... _a._._ .-..... .,.,a.-»J•+` ....._...: -G��'NC�L Tf0 �.r:�'_.9.,,,_-.. .5.. ': ....a+,.�t, Y �3._ CITY OF HUNTINGTON BEACH % SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF,THE ISSUING COMPANY WILL MAIL 30 DAYS 2000 MAIN STREET WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT. HUNTINGTON BEACH CA 92648 >: L 10-DAY NOTICE OF CANCELLATION APPLIES FOR NON-PAYMENT OF PREMIUM ATTN: MR JUSTIN WESSELS, RISK MANAGEMENT i AUYHOR -R ESE 7ATIVE E POLICY NUMBER: 680-1854M114 COMMERCIAL GENERAL LIABILITY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED----DESIGNATED PERSON OR ORGANIZATION This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART. SCHEDULE Name of Person or Organization: CITY OF HUNTINGTON BEACH 2000 MAIN STREET HUNTINGTON BEACH CA 92648 I ATTN: MR JUSTIN WESSELS, RISK MANAGEMENT E f (If no entry appears above, information required to complete this endorsement will be shown in the Declarations as applicable to this endorsement.) WHO IS AN INSURED(Section II) is amended to include as an insured the person or organization shown in the Schedule as an insured but only with respect to liability arising out of your operations or premises owned by or rented to you. THE CITY OF HUNTINGTON BEACH ITS OFFICERS, ELECTED OR APPOINTED OFFICIALS, EMPLOYEES, AGENTS AND VOLUNTEERS ARE NAMED AS ADDITIONAL INSURED Copyright, Insurance Services Office, Inc. 1984 CITY OF HUNTINGTON BEACH Professional Service Contracts Purchasing Certification 1.1909. 1. Date: 12/3/2008 2. Contract Number: ECD Q�9 OOoZOI� 3. Department: Economic Development 4. Requested by: Tina Krause 5. Name of consultant: Parkcenter Realty Advisors 6. Attach the written statement of the specification, conditions, and other requirements for the requested services provided to solicited consultants. See attached 7. Amount of the contract: $30,000.00 8. Are sufficient funds available to fund this contract?' ® Yes ❑ No 9. Is this contract generally described on the list of professional service contracts approved by the City Council?' ® Yes ❑ No 10. Business Unit and Object Code where funds are budgeted: 30580108.69310 11. Is this contract less than $50,000? ® Yes ❑ No 12. Does this contract fall within $50,000 and $100,000? ❑Yes ® No 13. Is this contract over$100,000? ❑ Yes ® No (Note: Contracts requiring City Council Approval need to be signed by the Mayor and City Clerk. Make sure the appropriate signature page is attached to contract.) 14. Were formal written proposals requested from at least three available qualified consultants? ® Yes ❑ No 15. Attach list of consultants from whom proposals were requested (including a contact telephone number). See attached list " 16. Attach proposed scope of work. See Exhibit A 17. Attach proposed payment schedule. See Exhibit B Department Head Sig ure RICHARY AMADRIL entral S.e/rvices Manager 1. If the answer to this question is"No,"the contract will require approval from the City Council. MAILING LIST FOR APPRAISAL SERVICES REQUESTS FOR PROPOSALS Christopher N. Hardy, MAI Parkcenter Realty Advisors Senior Vice President 801 North Parkcenter Drive., Suite 210 Santa Ana,CA 92705 Email: chardyaaparkcntr.com (714)547-1733 Fax: (714)972-1492 Kevin Cook,MAI 29811 Santa Margarita Parkway Rancho Santa Margarita,CA 92688 (949) 713-3787 Email: kcmai(o)cox.net The Heath Group Attn: Sean Heath 11403 West Bernardo Court San Diego,CA 92127 (858)673-1177 Email: sean@heath-groul).com Lidgard and Associates Scott Lidgard,MAI 2808 E.Katella Ave.,Suite 107 Orange, CA 92867-5246 Phone: (714)633-8441 Fax: (714_633-8449 Email: scoq@lidg;ardinc.com Craig Dodson I 1 I Los Viento Drive Newbury Park,CA 91320 Cell (818)515-5079 Home(805)498-0668 Email: craipsdodson@yahoo.com Kurt Goeppner Goeppner&Associates,Inc. 1096 Sea Bluff Drive Costa Mesa, CA 92627 (800)334-1956 Email: kgoep-pner@earthlink.net Lea Associates,Inc. Robert M. Lea,MAI MAILING LIST FOR APPRAISAL SERVICES REQUESTS FOR PROPOSALS 1635 Pontius Avenue Los Angeles, CA 90025 (310)477-6595 Email: chall ,lea.assoc.com Michael Fairchild 21071 Jenner Lake Forest, CA 92630-7078 (949)689-3438 Email: mfairchild101 c-Daol.com Valentine and Associates Gary Valentine 23942 Lyons Ave., Santa Clarita,CA 91321 Phone: (661)288-0198 Fax: (661)288-0197 Email: sg_v(@valentineappraisal.com Peter Finnerty,MAI Pacific Real Estate Consultants 4060 Campus Dr., Suite 230 Newport Beach,CA 92660 Phone: (949)752-9323 Fax: (949) 752-4920 Email: pacrecon(cr��pacbell.net Gary Vogt,MAI Gary Vogt and Associates 33191 Paseo Blanco San Juan Capistrano, CA 92675-4617 Phone: (714)489-8029 Email: alvogt@cox.net Leonard Lichter,Certified General Appraiser The Real Estate Mart 17111 Beach Blvd.,#212 Huntington Beach,CA 92647 Phone: (714)841-6691 Fax: (714) 848-9193 Email: salesna.therealestatemart.com Desmond,Marcello and Amster 6060 Center Drive Los Angeles, CA 90045 Phone: (310)216-1400 MAILING LIST FOR APPRAISAL SERVICES REQUESTS FOR PROPOSALS Fax: (310)216-0800 Email: info(a-)dmavalue.com Jeffrey T.Nagasaki,MAI Nagasaki&Associates 2421 West 205`h St. Torrance,CA 90501 Phone(310)224-7900 ext 103 Fax(310)224-7901 Email: jna asaki ,sbcglobal.net or jeffreytn@msn.com R. P. Laurain&Associates,Inc. 3353 Linden Avenue,Suite 2.00 Long Beach,CA 90807 Phone: (562)426-0477 Fax: (562)988-2927 Email: johnorrplaurain.com James Netzer James B.Netzer,MAI 234 E. 17"St.,#209 Costa Mesa, CA 92627 Phone: (494)631-6799 Fax: (949) 631-4631 Email: jamesbnetzer@aol.com Greg Wingerd 19152 Yacht Lane Huntington Beach,CA 92646 (714)963-8846 Email: appraiser(a(a�tmail.com Cash Gill Gill Group Email: cash.gill@pillgroup.com David Gribin Gribin Company 22551 Ventura Blvd.,Ste 201 Woodland Hills,CA 91364-1427