Title
Resolution to Approve Contracts for Professional Real Estate Appraisal Services per Request for Proposals # 685 with Gerald Alcock Company and Williams and Associates (Not to Exceed $75,000.00)
Memorandum
Attached for your review and action is a resolution to approve contracts with professional real estate appraisal firms determined to be qualified to provide appraisal services in connection with the acquisition of development rights, conservation easements and fee simple purchases for parkland and Greenbelt. Each contract will not exceed $75,000 during the contract period. Funding for these contracts is in the Open Space and Parkland Preservation Bond Proceeds.
Proposals were requested from professional real estate appraisal firms who have familiarity with the Ann Arbor area and have experience in Purchase of Development Rights, conservation easements and who were an approved appraiser on the Department of Natural Resources list. To be “qualified” to perform appraisals in connection with the acquisition of development rights and conservation easements, appraisers must be “Yellow book” certified, completed the US Federal Land Acquisition course. Qualifications were reviewed, potential firms interviewed, and two firms have been selected to provide competitive quotations on various appraisal requests in connection with the City of Ann Arbor Parks and Open Space Program (commonly known as the Greenbelt Program.)
The qualified appraisal firms will execute contracts for services with the City and must satisfy all compliance requirements as stated in the Request for Proposal for Professional Real Estate Appraisal Services. They will receive bids as released for appraisal work of one or more parcels. Bids will be awarded on the basis of past performance and the ability to complete the appraisal based upon the information contained in the bid form, including any limit/maximum amount of work the firms can accept during the 12 month contract period.
The Ger...
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