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HomeMy WebLinkAboutSH&H Valuation and Consulting - Appraisal of Bohannan Property (Soccer Complex) March 20, 2015 Jeffrey R. Cutter City Attorney City of Yakima Legal Department 200 South Third Street Yakima, WA 98901 -2830 Re: Appraisal of Parcel 181334 -34001 Darlene Bohannon property Yakima, WA Dear Mr. Cutter: 1 am providing this engagement letter as the basis for valuation services relevant to the above referenced property. You have asked that we provide an estimate of the market value of the parcel with an area of 58.57 acres. The property is improved with several structures, is presently planted in alfalfa, and although zoned to allow industrial use, is currently in the Open Space Farm and Agricultural Classification as promulgated by RCW 84.33. The report will be prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP). The total fee for the report is $6,500. The report will be provided to you no later than thirty days from your authorization to proceed; assuming all information required to complete the report is available in a timely manner. Please provide Ms. Bohannon's contact information. Also please provide a copy of the current Purchase and Sale agreement, and a title report for the property if possible. I can start the assignment upon receipt of a signed copy of this letter. The fee is due upon completion and delivery of the report. Please contact me if you have any questions. Sincerely, i ller s oro:i Fred C. Strickland, MAI, SRA a En ement Letter Accepted: > Engagement p 1� 7 116 Date CITY CONTRACT NO. ‘ 99117- 0 �9 RESOLUTION NO:, 14/1 Strickland, Heisc_hrnan & Floss 1 6419 Lakewood Drive West 1 Tacoma, Washington 98467 1 p. 253.564.3230 1 I, 253.564.3143