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2016/08/29 Mason and Mason, Inc. Appraisal Services Evans Park site CITY OF MENIFEE PROFESSIONAL SERVICES AGREEMENT MASON AND MASON APPRAISAL SERVICES, EVANS PARK SITE THIS PROFESSIONAL SERVICES AGREEMENT("Agreement") is made and effective this _ day of August, 2016 ("Effective Date") by and between the CITY OF MENIFEE, a California municipal corporation, ("City") and Mason & Mason, a California Corporation ("Consultant"). City and Consultant may sometimes herein be referred to individually as a"Party" and collectively as the "Parties." SECTION 1. SERVICES. Subject to the terms and conditions set forth in this Agreement, Consultant shall provide to City the services described in the Scope of Services, attached hereto as Exhibit A and incorporated herein by this reference (the "Services"). Consultant will perform subsequent task orders as requested by the Contract Administrator (as defined below), in accordance with the Scope of Services. In the event of a conflict in or inconsistency between the terms of this Agreement and Exhibit A, this Agreement shall prevail. 1.1 Term of Services. The term of this Agreement shall begin on August 29, 2016 and shall end on November 30, 2016 unless the term of this Agreement is otherwise terminated or extended as provided for in Section 8. The time provided to Consultant to complete the Services required by this Agreement shall not affect City's right to terminate this Agreement, as provided for in Section 8. 1.2 Standard of Performance. Consultant represents and warrants that Consultant is a provider of first class work and services and Consultant is experienced in performing the Services contemplated herein and, in light of such status and experience, Consultant shall perform the Services required pursuant to this Agreement in the manner and according to the standards observed by a competent practitioner of the profession in which Consultant is engaged in the geographical area in which Consultant practices its profession and to the sole satisfaction of the Contract Administrator. 1.3 Assignment of Personnel. Consultant shall assign only competent personnel to perform the Services pursuant to Agreement. In the event that City, in its sole discretion, at any time during the term of this Agreement, desires the reassignment of any such persons, Consultant shall, immediately upon receiving notice from City of such desire of City,reassign such person or persons. 1.4 Time. Consultant shall devote such time to the performance of the Services pursuant to this Agreement as may be reasonably necessary to satisfy Consultant's obligations hereunder. 1.5 Authorization to Perform Services. Consultant is not authorized to perform any of the Services or incur any costs whatsoever under the terms of this Agreement until receipt of authorization from the Contract Administrator. 2671/031853-0001 7630550.2 a08/15/16 SECTION 2. COMPENSATION. City hereby agrees to pay Consultant a sum not to exceed EIGHT THOUSAND FIVE HUNDRE DOLLARS ($8,500.00) notwithstanding any contrary indications that may be contained in Consultant's proposal, for the Services to be performed and reimbursable costs incurred under this Agreement. In the event of a conflict between this Agreement and Exhibit A, regarding the amount of compensation, this Agreement shall prevail. City shall pay Consultant for the Services rendered pursuant to this Agreement at the time and in the manner set forth herein. The payments specified below shall be the only payments from City to Consultant for the Services rendered pursuant to this Agreement. Consultant shall submit all invoices to City in the mamier specified herein. Except as specifically authorized in advance by City, Consultant shall not bill City for duplicate services performed by more than one person. 2.1 Invoices. Consultant shall submit invoices monthly during the term of this Agreement, based on the cost for the Services performed and reimbursable costs incurred prior to the invoice date. Invoices shall contain the following information: a. Serial identifications of progress bills; i.e., Progress Bill No. 1 for the first invoice, etc.; b. The beginning and ending dates of the billing period; C. A "Task Summary" containing the original contract amount, the amount of prior billings,the total due this period,the balance available under this Agreement,and the percentage of completion; d. At City's option, for each item in each task, a copy of the applicable time entries or time sheets shall be submitted showing the name of the person performing the Services, the hours spent by each person, a brief description of the Services, and each reimbursable expense; e. The total number of hours of work performed under this Agreement by Consultant and each employee, agent, and subcontractor of Consultant performing the Services hereunder necessary to complete the Services described in Exhibit A; f. Receipts for expenses to be reimbursed; g. The Consultant Representative's signature. Invoices shall be submitted to: City of Menifee Attn: Accounts Payable 29714 Haun Road Menifee, CA 92586 2.2 Monthly Payment. City shall make monthly payments,based on invoices received, for the Services satisfactorily performed, and for authorized reimbursable costs incurred. City 2671/031858-0001 _ 7630550.2 a03/15/16 -2 shall have thirty (30) days from the receipt of an invoice that complies with all of the requirements above to pay Consultant. 2.3 Final Payment. City shall pay the last ten percent (10%) of the total amount due pursuant to this Agreement within sixty(60) days after completion of the Services and submittal to City of a final invoice, if all of the Services required have been satisfactorily performed. 2.4 Total Payment. City shall not pay any additional sum for any expense or cost whatsoever incurred by Consultant in rendering the Services pursuant to this Agreement. City shall make no payment for any extra, further, or additional service pursuant to this Agreement. In no event shall Consultant submit any invoice for an amount in excess of the maximum amount of compensation provided above either for a task or for the entirety of the Services performed pursuant to this Agreement,unless this Agreement is modified in writing prior to the submission of such an invoice. 2.5 Hourly Fees. Fees for the Services performed by Consultant on an hourly basis shall not exceed the amounts shown on the fee schedule included with Exhibit A. 2.6 Reimbursable Expenses. Reimbursable expenses are included within the maximum amount of this Agreement. 2.7 Payment of Taxes. Consultant is solely responsible for the payment of employment taxes incurred under this Agreement and any federal or state taxes. 2.8 Payment upon Termination. In the event that City or Consultant terminates this Agreement pursuant to Section 8, City shall compensate Consultant for all outstanding costs and reimbursable expenses incurred for Services satisfactorily completed and for reimbursable expenses as of the date of written notice of termination. Consultant shall maintain adequate logs and timesheets in order to verify costs and reimbursable expenses incurred to that date. SECTION 3. FACILITIES AND EQUIPMENT. Except as otherwise provided, Consultant shall, at its sole cost and expense, provide all facilities and equipment necessary to perform the services required by this Agreement. City shall make available to Consultant only physical facilities such as desks, filing cabinets, and conference space, as may be reasonably necessary for Consultant's use while consulting with City employees and reviewing records and the information in possession of City. The location, quantity, and time of furnishing those facilities shall be in the sole discretion of City. In no event shall City be required to furnish any facility that may involve incurring any direct expense, including but not limited to computer, long-distance telephone or other communication charges, vehicles, and reproduction facilities. SECTION 4. INSURANCE REQUIREMENTS. Before beginning any work under this Agreement, Consultant, at its own cost and expense, shall procure the types and amounts of insurance checked below and provide Certificates of Insurance, indicating that Consultant has obtained or currently maintains insurance that meets the 2671/031858-0001 -3- 7630550.2 a08/15/16 requirements of this section and which is satisfactory, in all respects, to City. Consultant shall maintain the insurance policies required by this section throughout the term of this Agreement. The cost of such insurance shall be included in Consultant's compensation. Consultant shall not allow any subcontractor, consultant or other agent to commence work on any subcontract until Consultant has obtained all insurance required herein for the subcontractor(s) and provided evidence thereof to City. Verification of the required insurance shall be submitted and made part of this Agreement prior to execution. Consultant acknowledges the insurance policy must cover inter-insured suits between City and other Insureds. 4.1 Workers' Compensation. Consultant shall, at its sole cost and expense, maintain Statutory Workers' Compensation Insurance and Employer's Liability Insurance for any and all persons employed directly or indirectly by Consultant pursuant to the provisions of the California Labor Code. Statutory Workers' Compensation Insurance and Employer's Liability Insurance shall be provided with limits of not less than ONE MILLION DOLLARS ($1,000,000.00) per accident, ONE MILLION DOLLARS ($1,000,000.00)disease per employee,and ONE MILLION DOLLARS ($1,000,000.00) disease per policy. In the alternative, Consultant may rely on a self- insurance program to meet those requirements,but only if the program of self-insurance complies fully with the provisions of the California Labor Code. Determination of whether a self-insurance program meets the standards of the California Labor Code shall be solely in the discretion of the Contract Administrator. The insurer, if insurance is provided, or Consultant, if a program of self- insurance is provided, shall waive all rights of subrogation against City and its officers, officials, employees, and authorized volunteers for loss arising from the Services performed under this Agreement. 4.2 Commercial General and Automobile Liability Insurance. 4.2.1 General requirements. Consultant, at its own cost and expense, shall maintain commercial general and automobile liability insurance for the term of this Agreement in an amount not less than ONE MILLION DOLLARS ($1,000,000.00) per occurrence, combined single limit coverage,for risks associated with the Services contemplated by this Agreement,TWO MILLION DOLLARS ($2,000,000.00) general aggregate, and TWO MILLION DOLLARS ($2,000,000.00) products/completed operations aggregate. If a Commercial General Liability Insurance or an Automobile Liability Insurance form or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to the Services to be performed under this Agreement or the general aggregate limit shall be at least twice the required occurrence limit. Such coverage shall include but shall not be limited to, protection against claims arising from bodily and personal injury, including death resulting therefrom, and damage to property resulting from the Services contemplated under this Agreement, including the use of hired, owned, and non-owned automobiles. 4.2.2 Minimum scope of coverage. Commercial general coverage shall be at least as broad as Insurance Services Office Commercial General Liability occurrence form CG 0001. Automobile coverage shall be at least as broad as Insurance Services Office Automobile Liability form CA 0001 Code 2, 8, and 9. No endorsement shall be attached limiting the coverage. 4.2.3 Additional requirements. Each of the following shall be included in the insurance coverage or added as a certified endorsement to the policy: 2 6 7 1/03 1 85 8-000 1 7630550.2 a08/15/16 -4- a. The insurance shall cover on an occurrence or an accident basis, and not on a claims-made basis. b. Any failure of Consultant to comply with reporting provisions of the policy shall not affect coverage provided to City and its officers,employees,agents, and volunteers. 4.3 Professional Liability Insurance. 4.3.1 General requirements. Consultant, at its own cost and expense, shall maintain for the period covered by this Agreement professional liability insurance for licensed professionals performing the Services pursuant to this Agreement in an amount not less than ONE MILLION DOLLARS ($1,000,000) covering the licensed professionals' errors and omissions. Any deductible or self-insured retention shall be shown on the Certificate. If the deductible or self-insured retention exceeds TWENTY-FIVE THOUSAND DOLLARS ($25,000), it must be approved by City. 4.3.2 Claims-made limitations. The following provisions shall apply if the professional liability coverage is written on a claims-made form: a. The retroactive date of the policy must be shown and must be no later than the commencement of the Services. b. Insurance must be maintained and evidence of insurance must be provided for at least five (5) years after the expiration or termination of this Agreement or completion of the Services, so long as commercially available at reasonable rates. C. If coverage is canceled or not renewed and it is not replaced with another claims-made policy form with a retroactive date that precedes the Effective Date of this Agreement, Consultant must provide extended reporting coverage for a minimum of five (5) years after the expiration or termination of this Agreement or the completion of the Services. Such continuation coverage may be provided by one of the following: (1) renewal of the existing policy; (2) an extended reporting period endorsement; or (3) replacement insurance with a retroactive date no later than the commencement of the Services under this Agreement. City shall have the right to exercise, at Consultant's sole cost and expense, any extended reporting provisions of the policy, if Consultant cancels or does not renew the coverage. d. A copy of the claim reporting requirements must be submitted to City prior to the commencement of the Services under this Agreement. 4.4 All Policies Requirements. 4.4.1 Acceptability of insurers. All insurance required by this Section is to be placed with insurers with a Bests' rating of no less than A:VII and admitted in California. 2671/031858-0001 7630550.2 a08/151I6 -5- 4.4.2 Verification of coverage. Prior to beginning the Services under this Agreement, Consultant shall furnish City with Certificates of Insurance, additional insured endorsement or policy language granting additional insured status complete certified copies of all policies, including complete certified copies of all endorsements. All copies of policies and certified endorsements shall show the signature of a person authorized by that insurer to bind coverage on its behalf. The name and address for Additional Insured endorsements, Certificates of Insurance and Notice of Cancellation is: City of Menifee, 29714 Haun Road, Menifee, CA 92586. City must be endorsed as an additional insured for liability arising out of ongoing and completed operations by or on behalf of Consultant. 4.4.3 Notice of Reduction in or Cancellation of Coverage. Consultant shall provide written notice to City within ten(10) working days if. (1) any of the required insurance policies is terminated; (2) the limits of any of the required polices are reduced; or(3) the deductible or self insured retention is increased. 4.4.4 Additional insured; primary insurance. City and its officers, employees, agents, and authorized volunteers shall be covered as additional insureds with respect to each of the following: liability arising out of the Services performed by or on behalf of Consultant, including the insured's general supervision of Consultant; products and completed operations of Consultant, as applicable; premises owned, occupied, or used by Consultant; and automobiles owned, leased, or used by Consultant in the course of providing the Services pursuant to this Agreement. The coverage shall contain no special limitations on the scope of protection afforded to City or its officers, employees,agents,or authorized volunteers. The insurance provided to City as an additional insured must apply on a primary and non-contributory basis with respect to any insurance or self-insurance program maintained by City. Additional insured status shall continue for one (1) year after the expiration or termination of this Agreement or completion of the Services. A certified endorsement must be attached to all policies stating that coverage is primary insurance with respect to City and its officers, officials, employees, and volunteers, and that no insurance or self-insurance maintained by City shall be called upon to contribute to a loss under the coverage. 4.4.5 Deductibles and Self-insured Retentions. Consultant shall obtain the written approval of City for the self-insured retentions and deductibles before beginning any of the Services. During the term of this Agreement, only upon the prior express written authorization of the Contract Administrator, Consultant may increase such deductibles or self- insured retentions with respect to City, its officers, employees, agents, and volunteers. The Contract Administrator may condition approval of an increase in deductible or self-insured retention levels with a requirement that Consultant procure a bond guaranteeing payment of losses and related investigations, claim administration, and defense expenses that is satisfactory in all respects to each of them. 4.4.6 Subcontractors. Consultant shall include all subcontractors as insureds under its policies or shall furnish separate certificates and certified endorsements for each 2671/031858-0001 7630550.2 a08/15/16 -6- subcontractor. All coverages for subcontractors shall be subject to all of the requirements stated herein. 4.4.7 Variation. The Contract Administrator may, but is not required to, approve in writing a variation in the foregoing insurance requirements, upon a determination that the coverage, scope, limits, and forms of such insurance are either not commercially available,or that City's interests are otherwise fully protected. 4.5 Remedies. In addition to any other remedies at law or equity City may have if Consultant fails to provide or maintain any insurance policies or policy endorsements to the extent and within the time herein required, City may, at its sole option, exercise any of the following remedies,which are alternatives to other remedies City may have and are not the exclusive remedy for Consultant's breach: a. Obtain such insurance and deduct and retain the amount of the premiums for such insurance from any sums due under this Agreement; b. Order Consultant to stop work under this Agreement or withhold any payment that becomes due to Consultant hereunder, or both stop work and withhold any payment, until Consultant demonstrates compliance with the requirements hereof, and/or C. Terminate this Agreement. SECTION 5. INDEMNIFICATION. 5.1 Indemnification for Professional Liability. Where the law establishes a professional standard of care for performance of the Services, to the fullest extent permitted by law,Consultant shall indemnify,protect,defend(with counsel selected by City),and hold harmless City and any and all of its officers, employees, officials, volunteers, and agents from and against any and all claims, losses, costs, damages, expenses, liabilities, liens, actions, causes of action (whether in tort, contract, under statute, at law, in equity, or otherwise) charges, awards, assessments, fines, or penalties of any kind (including reasonable consultant and expert fees and expenses of investigation, costs of whatever kind and nature and, if Consultant fails to provide a defense for City, the legal costs of counsel retained by City) and any judgment (collectively, "Claims")to the extent same are caused in whole or in part by any negligent or wrongfiil act,error, or omission of Consultant, its officers, agents, employees, or subcontractors (or any entity or individual that Consultant shall bear the legal liability thereof) in the performance of professional services under this Agreement. 5.2 Indemnification for Other than Professional Liability. Other than in the performance of professional services and to the full extent permitted by law, Consultant shall indemnify, protect, defend (with counsel selected by City), and hold harmless City, and any and all of its officers, employees, officials,volunteers, and agents from and against any and all Claims, where the same arise out of, are a consequence of, or are in any way attributable to, in whole or in part, the performance of this Agreement by Consultant or by any individual or entity for which Consultant is legally liable, including but not limited to officers, agents, employees or subcontractors of Consultant. 2671/031858-0001 7630550.2 a08/15/16 -7- 5.3 Limitation of Indemnification. The provisions of this Section 5 do not apply to claims occurring as a result of City's sole or active negligence. The provisions of this Section 5 shall not release City from liability arising from gross negligence or willful acts or omissions of City or any and all of its officers, officials, employees, and agents acting in an official capacity. SECTION 6. STATUS OF CONSULTANT. 6.1 Independent Contractor. At all times during the term of this Agreement,Consultant shall be an independent contractor and shall not be an employee of City. City shall have the right to control Consultant only insofar as the results of the Services rendered pursuant to this Agreement and assignment of personnel pursuant to Subparagraph 1.3; however, otherwise City shall not have the right to control the means by which Consultant accomplishes the Services rendered pursuant to this Agreement. The personnel performing the Services under this Agreement on behalf of Consultant shall at all times be under Consultant's exclusive direction and control. Consultant shall not at any time or in any manner represent that it or any of its officers, employees, or agents is in any manner officers, officials, employees, or agents of City. Consultant shall not incur or have the power to incur any debt, obligation, or liability whatever against City, or bind City in any manner. Except for the fees paid to Consultant as provided in this Agreement, City shall not pay salaries,wages,or other compensation to Consultant for performing the Services hereunder for City. City shall not be liable for compensation or indemnification to Consultant for injury or sickness arising out of performing the Services hereunder. Notwithstanding any other City,state,or federal policy,rule,regulation,law, or ordinance to the contrary, Consultant and any of its employees, agents, and subcontractors providing services under this Agreement shall not qualify for or become entitled to any compensation, benefit, or any incident of employment by City, including but not limited to eligibility to enroll in the California Public Employees Retirement System ("PERS") as an employee of City and entitlement to any contribution to be paid by City for employer contributions and/or employee contributions for PERS benefits. SECTION 7. LEGAL REQUIREMENTS. 7.1 Governing Law. The laws of the State of California shall govern this Agreement. 7.2 Compliance with Applicable Laws. Consultant and any subcontractor shall comply with all applicable local, state, and federal laws and regulations applicable to the performance of the work hereunder. Consultant shall not hire or employ any person to perform work within City or allow any person to perform the Services required under this Agreement unless such person is properly documented and legally entitled to be employed within the United States. Any and all work subject to prevailing wages,as determined by the Director of Industrial Relations of the State of California, will be the minimum paid to all laborers, including Consultant's employee and subcontractors. It is understood that it is the responsibility of Consultant to determine the correct scale. The State Prevailing Wage Rates may be obtained from the California Department of Industrial Relations ("DIR") pursuant to California Public Utilities Code, Sections 465, 466, and 467 by calling 415-703-4774. Appropriate records demonstrating compliance with such requirement shall be maintained in a safe and secure location at all times, and readily available at City's request. Consultant shall indemnify, defend, and hold City and its elected and appointed boards, members, officials, officers, agents, representatives, employees, and volunteers harmless from and against any liability, loss, damage, cost or expenses (including but not limited to 2671/031858-0001 7630550.2 a08/15/16 —g— reasonable attorneys' fees, expert witness fees, court costs, and costs incurred related to any inquiries or proceedings) arising from or related to (i) the noncompliance by Consultant or any party performing the Services of any applicable local, state, and/or federal law, including,without limitation, any applicable federal and/or state labor laws (including, without limitation, the requirement to pay state prevailing wages and hire apprentices); (ii) the implementation of Section 1781 of the Labor Code, as the same may be amended from time to time, or any other similar law; and/or (iii) failure by Consultant or any party performing the Services to provide any required disclosure or identification as required by Labor Code Section 1781, as the same may be amended from time to time, or any other similar law. It is agreed by the Parties that, in connection with performance of the Services, including, without limitation, any and all public works (as defined by applicable law), Consultant shall bear all risks of payment or non-payment of prevailing wages under California law and/or the implementation of Labor Code Section 1781, as the same may be amended from time to time, and/or any other similar law. Consultant acknowledges and agrees that it shall be independently responsible for reviewing the applicable laws and regulations and effectuating compliance with such laws. Consultant shall require the same of all subcontractors. 7.3 Licenses and Permits. Consultant represents and warrants to City that Consultant and its employees, agents, and any subcontractors have all licenses, permits, qualifications, and approvals of whatsoever nature that are legally required to practice their respective professions. Consultant represents and warrants to City that Consultant and its employees, agents, and subcontractors shall, at their sole cost and expense, keep in effect at all times during the term of this Agreement any licenses, permits, and approvals that are legally required to practice their respective professions. In addition to the foregoing,Consultant and any subcontractors shall obtain and maintain during the term of this Agreement valid Business Licenses from City. SECTION 8. TERMINATION AND MODIFICATION. 8.1 Termination. City may cancel this Agreement at any time and without cause upon written notification to Consultant. 8.2 Termination by Consultant. Consultant may cancel this Agreement upon 30 days' written notice to City. 8.3 Consequences of Termination. In the event of termination, Consultant shall be entitled to compensation for the Services performed up to the date of termination; City, however, may condition payment of such compensation upon Consultant delivering to City any or all documents, photographs, computer software, video and audio tapes, and other materials provided to Consultant or prepared by or for Consultant or City in connection with this Agreement. 8.4 Extension. City may, in its sole and exclusive discretion, extend the end date of this Agreement beyond that provided for in Subsection 1.1. Any such extension shall require a written amendment to this Agreement, as provided for herein. Consultant understands and agrees that, if City grants such an extension, City shall have no obligation to provide Consultant with compensation beyond the maximum amount provided for in this Agreement. Similarly, unless authorized by the Contract Administrator, City shall have no obligation to reimburse Consultant for any otherwise reimbursable expenses incurred during the extension period. 267 1/03 1 85 8-0 00 1 7630550.2 a08/15/16 -9- 8.5 Amendments. The Parties may amend this Agreement only by a writing signed by all the Parties. 8.6 Assignment and Subcontracting. City and Consultant recognize and agree that this Agreement contemplates personal performance by Consultant and is based upon a determination of Consultant's unique personal competence, experience, and specialized personal knowledge. Moreover, a substantial inducement to City for entering into this Agreement was and is the professional reputation and competence of Consultant. Consultant may not assign this Agreement or any interest therein without the prior written approval of the Contract Administrator. Consultant shall not subcontract any portion of the performance contemplated and provided for herein, other than to the subcontractors noted in Consultant's proposal, without prior written approval of the Contract Administrator. In the event that key personnel leave Consultant's employ, Consultant shall notify City immediately. 8.7 Survival. All obligations arising prior to the expiration or termination of this Agreement and all provisions of this Agreement allocating liability between City and Consultant shall survive the expiration or termination of this Agreement. 8.8 Options upon Breach by Consultant. If Consultant materially breaches any of the terms of this Agreement, City's remedies shall include, but not be limited to, any or all of the following: a. Immediately terminate this Agreement; b. Retain the plans, specifications, drawings, reports, design documents, and any other work product prepared by Consultant pursuant to this Agreement; C. Retain a different consultant to complete the Services described in Exhibit A; and/or d. Charge Consultant the difference between the cost to complete the Services described in Exhibit A that is unfinished at the time of breach and the amount that City would have paid Consultant pursuant to Section 2 if Consultant had completed the Services. SECTION 9. KEEPING AND STATUS OF RECORDS. 9.1 Records Created as Part of Consultant's Performance. All reports, data, maps, models, charts, studies, surveys, photographs, memoranda, plans, studies, specifications, records, files, or any other documents or materials, in electronic or any other form that Consultant prepares or obtains pursuant to this Agreement and that relate to the matters covered hereunder shall be the property of City. Consultant hereby agrees to deliver those documents to City upon the expiration or termination of this Agreement. It is understood and agreed that the documents and other materials, including but not limited to those described above,prepared pursuant to this Agreement are prepared specifically for City and are not necessarily suitable for any future or other use. Any use of such documents for other projects by City shall be without liability to Consultant. City and Consultant agree that,until final approval by City, all data,plans, specifications,reports, and other 2671/031858-0001 _1 O 7630550.2 a08/15/16 documents are confidential and will not be released to third parties without prior written consent of both Parties unless required by law. 9.2 Licensing of Intellectual Property. This Agreement creates a non-exclusive and perpetual license for City to copy,use,modify,reuse,or sublicense any and all copyrights,designs, rights of reproduction, and other intellectual property embodied in plans, specifications, studies, drawings, estimates, test data, survey results, models, renderings, and other documents or works of authorship fixed in any tangible medium of expression, including but not limited to, physical drawings, digital renderings, or data stored digitally,magnetically, or in any other medium,which are prepared or caused to be prepared by Consultant under this Agreement ("Documents and Data"). Consultant shall require all subcontractors to agree in writing that City is granted a non- exclusive and perpetual license for any Documents and Data the subcontractor prepares under this Agreement. Consultant represents and warrants that Consultant has the legal right to license any and all Documents and Data. Consultant makes no such representation and warranty in regard to Documents and Data which were prepared by design professionals other than Consultant or provided to Consultant by the City. City shall not be limited in any way in its use of the Documents and Data at any time, provided that any such use not within the purposes intended by this Agreement shall be at City's sole risk. 9.3 Consultant's Books and Records. Consultant shall maintain any and all ledgers, books of account, invoices,vouchers, canceled checks,and other records or documents evidencing or relating to charges for the Services or expenditures and disbursements charged to City under this Agreement for a minimum of three (3) years, or for any longer period required by law, from the date of final payment to Consultant under this Agreement. All such records shall be maintained in accordance with generally accepted accounting principles and shall be clearly identified and readily accessible. 9.4 Inspection and Audit of Records. Any records or documents that Section 9.3 of this Agreement requires Consultant to maintain shall be made available for inspection, audit, and/or copying at any time during regular business hours, upon oral or written request of City. Under California Government Code Section 8546.7, if the amount of public funds expended under this Agreement exceeds TEN THOUSAND DOLLARS ($10,000.00), this Agreement shall be subject to the examination and audit of the State Auditor, at the request of City or as part of any audit of City, for a period of three (3) years after final payment under this Agreement. SECTION 10. MISCELLANEOUS PROVISIONS. 10.1 Attorneys' Fees. If either Party to this Agreement brings any action, including an action for declaratory relief,to enforce or interpret the provision of this Agreement,the prevailing Party shall be entitled to reasonable attorneys' fees and expenses including costs, in addition to any other relief to which that Parry may be entitled; provided, however, that the attorneys' fees awarded pursuant to this Section shall not exceed the hourly rate paid by City for legal services multiplied by the reasonable number of hours spent by the prevailing Party in the conduct of the litigation. The court may set such fees in the same action or in a separate action brought for that purpose. 2671/031858-0001 7630550.2 a08/15/16 -11- 10.2 Applicable Law; Venue. The internal laws of the State of California shall govern the interpretation and enforcement of this Agreement. In the event that either Party brings any action against the other under this Agreement, the Parties agree that trial of such action shall be vested exclusively in Riverside County. 10.3 Severabilily. If any provision of this Agreement is held invalid, the remainder of this Agreement shall not be affected thereby and all other parts of this Agreement shall nevertheless be in full force and effect. 10.4 Section Headings and Subheadings. The section headings and subheadings contained in this Agreement are included for convenience only and shall not limit or otherwise affect the terms of this Agreement. 10.5 No Implied Waiver of Breach. The waiver of any breach of a specific provision of this Agreement does not constitute a waiver of any other breach of that term or any other term of this Agreement. 10.6 Successors and Assigns. The provisions of this Agreement shall inure to the benefit of and shall apply to and bind the successors and assigns of the Parties. 10.7 Consultant Representative. All matters under this Agreement shall be handled for Consultant by Frances Wolfe Mason ("Consultant's Representative"). The Consultant's Representative shall have full authority to represent and act on behalf of Consultant for all purposes under this Agreement. The Consultant's Representative shall supervise and direct the Services, using his best skill and attention, and shall be responsible for all means, methods, techniques, sequences, and procedures and for the satisfactory coordination of all portions of the Services under this Agreement. 10.8 City Contract Administration. This Agreement shall be administered by a City employee, Robert Lennox, Community Services Director ("Contract Administrator"). All correspondence shall be directed to or through the Contract Administrator or his designee. The Contract Administrator shall have the power to act on behalf of City for all purposes under this Agreement. Unless otherwise provided in this Agreement, Consultant shall not accept direction or orders from any person other than the Contract Administrator or his designee. 10.9 Notices. Any written notice to Consultant shall be sent to: Mason & Mason, Real Estate Appraisers and Consultants 2609 Honolulu Avenue, Suite 100 Montrose, CA 91020-1734 Any written notice to City shall be sent to the Contract Administrator at: City of Menifee 29714 Haun Road Menifee, CA 92586 Attn: Community Services Department 2671/031858-0001 7630550.2 a08/15/16 -12- with a copy to: City Clerk City of Menifee 29714 Haun Road Menifee, CA 92586 10.10 Professional Seal. Where applicable in the determination of the Contract Administrator,the first page of a technical report,first page of design specifications,and each page of construction drawings shall be stamped/sealed and signed by the licensed professional responsible for the report/design preparation. The stamp/seal shall be in a block entitled"Seal and Signature of Registered Professional with report/design responsibility," as in the following example. Seal and Signature of Registered Professional with report/design responsibility. 10.11 Rights and Remedies. Except with respect to rights and remedies expressly declared to be exclusive in this Agreement, the rights and remedies of the Parties are cumulative and the exercise by either Party of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the other Party. 10.12 Integration. This Agreement, including the scope of services attached hereto and incorporated herein as Exhibit A,represents the entire and integrated agreement between City and Consultant and supersedes all prior negotiations, representations, or agreements, either written or oral. The terms of this Agreement shall be construed in accordance with the meaning of the language used and shall not be construed for or against either Party by reason of the authorship of this Agreement or any other rule of construction which might otherwise apply. 10.13 Counterparts. This Agreement maybe executed in multiple counterparts, each of which shall be an original and all of which together shall constitute one agreement. 10.14 Execution of Contract. The persons executing this Agreement on behalf of each of the Parties hereto represent and warrant that(i) such Party is duly organized and existing, (ii) they are duly authorized to execute and deliver this Agreement on behalf of said Party, (iii) by so executing this Agreement, such Party is formally bound to the provisions of this Agreement, and (iv) that entering into this Agreement does not violate any provision of any other Agreement to which said Party is bound. 10.15 Nondiscrimination. Consultant covenants that,by and for itself,its heirs,executors, assigns,and all persons claiming under or through them,that in the performance of this Agreement there shall be no discrimination against or segregation of, any person or group of persons on account of any impermissible classification including, but not limited to, race, color, creed, religion, sex, marital status, sexual orientation, national origin, or ancestry. 2671/031858-0001 7630550.2 a08/15/16 -1 J- 10.16 No Third Party Beneficiaries. With the exception of the specific provisions set forth in this Agreement, there are no intended third-party beneficiaries under this Agreement and no such other third parties shall have any rights or obligations hereunder. 10.17 Nonliability of City Officers and Employes. No officer, official, employee, agent, representative, or volunteer of City shall be personally liable to Consultant, or any successor in interest, in the event of any default or breach by City or for any amount which may become due to Consultant or to its successor, or for breach of any obligation of the terms of this Agreement. 10.18 No Undue Influence. Consultant declares and warrants that no undue influence or pressure is used against or in concert with any officer or employee of City in conmection with the award,terms or implementation of this Agreement, including any method of coercion, confidential financial arrangement, or financial inducement. No officer or employee of City shall receive compensation, directly or indirectly, from Consultant, or from any officer, employee, or agent of Consultant,in connection with the award of this Agreement or any work to be conducted as a result of this Agreement. 10.19 No Benefit to Arise to City Employees. No member, officer, or employee of City, or their designees or agents, and no public official who exercises authority over or has responsibilities with respect to this Agreement during his/her tenure or for one (1) year thereafter, shall have any interest, direct or indirect, in any agreement or sub-agreement, or the proceeds thereof, for the Services to be performed under this Agreement. [Signatures on Following Page] 2671/031858-0001 -14- 7630550.2 a08/15/16 IN WITNESS WHEREOF, the Parties hereto have executed and entered into this Agreement as of the Effective Date. CIT NIFEE CONSULTANT Robert +ohnson, City Manager Attest: �5/-, A. Manwaring, City Clerk [Note: 2 officer's signatures required if App/rove-ns to Form: Consultant is a corporation] Je Melching, City ttorney 2671/031858-0001 -15— 7630550.2 a08/15/16 EXHIBIT A SCOPE OF SERVICES [Attached] EXHIBIT A 2671/03 1858-0001 7630550.2 a08/15/16 PAGE I of I MASON & M A S O N O rances No Mason PIV, Dav:d S.Miaba-i.MN 1929-2015 Real Estate Appraisers and Consultants I Established 1926 Bradford Thfcrnpson.[,;*A1,N-GIRS.SR,v%'!, L.Sa M.Benson.'vIA; Anne iM Pasquarieflo,SR%NA 2609 Honolulu Avenue,Suite 100 1 Nvlontrose,CA91020-1734 mason2.com Anno E.Pulis-TaopaunY�h D_PjU`,! P:818.957,1881 1 17: 818.957.I891 fmason@mason2.com Scott j.Triorripson.[,,.A; July 18, 2016 Via email Only rlennox@cityofiiienifee.us City of Menifee Robert Lennox, Community Services Director 29995 Evans Road, West Annex Menifee, California 92586 RE: Proposal for Appraisal Services Potential Acquisition for Park Development Purposes Vacant Acreage-4.28 Acres SEC of Corson Avenue and Evans Road Golden Spring Land Development Ownership Menifee, California APN 360-170-001 Dear Mr. Lennox: Pursuant to your request,the following proposal and scope of work for the above-referenced property is submitted.It is our understanding that the City of Menifee is considering acquisition of the Golden Spring Land Development site for the development of a park. The purpose of the appraisal is to establish an estimate of fair market value,as of a current date,to use as the basis for the initial offer price. The subject parcel,which is located with the city limits of Menifee, contains approximately 4.28 acres, according to assessor's plat maps, identified as APN 3 60-170-00 1. Appraisal Assignment Mason & Mason will provide an Appraisal Report consisting primarily of the Direct Sales ID Comparison Approach to value the subject larger parcel. The appraisal report will conform to the 4:> Uniform Standards of Professional Appraisal Practice (USPAP). The valuation assigm-nent will reflect the fair market value as of current date, based upon the highest and best use. It is assumed that the City of Menifee will not be sending notices to the I I property owners,and the inspection of the site will be conducted from the public right of way only, unless otherwise instructed. City of Menifee Robert Lennox,Community Services Director July 18,2016 The scope of the valuation assignment will include: • Inspection of the larger parcel, from the public right of way. No notice will be sent to the owner unless we are instructed otherwise; • Ground photographs of the subject property; • Review of Zoning, General Plan, Flood Zone, and other information pertinent to the development and use of the subject property; • Highest and best use analysis; • Estimate the fair market value of the subject parcel based primarily upon the Direct Sales Comparison Approach to value; and • Prepare an Appraisal Report for the subject parcel. The market data will be provided in a sunm-nary f6i7mat, including summary charts, sales location map, with plat snaps and photographs of the comparable sales. Kirn Pasquariello, SR/WA will be primarily responsible for the assignment, which will be reviewed by Frances Wolfe Mason, MAI, with assistance from any of the named staff on the 2016 Fee Schedule. With respect to time, the report will be delivered electronically via the Mason & Mason secure intranet site at https:Hcloud.mason2cloud.com within 45 business days of authorization to proceed and receipt of requested items. An original bound copy of the final report is available at an additional cost upon request. The fee for the assignment is not to exceed$3,750,provided the scope of work does not expand beyond what is detailed above. Any changes subsequent to submission of the report or intervening telephone conferences or meetings will be billed hourly. Mason&Mason requests that the 2016 fee schedule be included with the contract for services with the understanding that any of the staff named can be billed based on the stated hourly rates. If retained the following are required, where available: • Preliminary title report, together with the underlying documents, as available; and • Copy of any relevant entitlement documents or studies pertaining to the subject (i.e. pending development plans, hydrology, soils/environmental reports, etc.). Mason & Mason can order a preliminary title report, if currently not available at a cost over and above the Mason fee quote. Typically, preliminary title reports cost $750 to $1,000; a cost that would be added to our fee. A CALIFORNIA CORPORATION 2 City of Menifee Robert Lennox,Community Services Director July 18,2016 Conclusion If the above is correct and you are agreeable to the fee, please execute an original of this letter contract or provide us with a letter of authorization confinning time,fee and scope of work. As you are aware, all appraisals are premised upon certain general and specific assumptions. So that you are informed as to the anticipated limiting conditions upon which this appraisal maybe based,a copy has been attached. If, for your appraisal, these require amendment, you will be notified. Please initial one original set and return with the purchase order, or authorization to proceed. This proposal is valid until July 29,2016. Please call if you have any questions. Yours truly, MASON & MASON rances Wolfe Mason, MAI READ, UNDERSTOOD, AND ACCEPTED Client Date Enclosur ICP/FWM:irun A CALIFORNIA CORPORATION 3 STATEMENT OF LIMITING CONDITIONS The following statements, assumptions, and considerations are offered as a basis for this particular appraisal report. .... Factual information presented in this report has been furnished by or obtained from sources which are considered reliable. While the data are believed to be correct,they cannot be guaranteed. . . . . It is assumed that the legal description and title are good and that the subject ownership is free and clear of all encumbrances except as may be detailed herein. A land survey was not made by the appraisers; while the dimensions and areas shown and/or referred to herein are assumed to be correct,property boundaries and locations of any improvements as indicated on exhibits in this report are not to be construed as being based upon a survey for which the appraisers are responsible. Where land dimensions or areas were shown on prepared snaps, they were used. Where areas or dimensions were not shown, they were scaled from the prepared maps and are subject to scaling error. . . . . The Americans with Disabilities Act of 1990 ("ADA") became effective January 26, 1992. We have not made a specific compliance survey and analysis of this property to detennine whether or not it is in conformity with the various detailed requirements of the ADA. It is possible that a compliance survey of the property, together with a detailed analysis of the requirements of the ADA,could reveal that the property is not in compliance with one or more of the requirements of the Act. If so,this fact could have a negative effect upon the value of the property. Since we have no direct evidence relating to this issue, we did not consider possible non-compliance with the requirements of ADA in estimating the value of the property. . . . . The final value estimate reflects fair market value of the fee estate. . . . . The date of value for this appraisal is Xxxx xx, 20xx. . . . . The appraisers assume no responsibility for hidden or unapparent conditions of the property, subsoil, or structures that render it more or less valuable. No responsibility is assumed for arranging for engineering studies that may be required to discover them. . . . . Unless otherwise stated in this report,the existence of hazardous material,which may or may not be present on the property,was not observed by the appraisers. The appraisers,however, are not qualified to detect such substances.The presence of substances such as asbestos,urea-fonnaldehyde foam insulation,or other potentially hazardous materials may affect the value of the property. The value estimate is predicated on the assumption that there is no such material on or in the property that would cause a loss in value. No responsibility is assumed for any such conditions,or for any expertise or engineering knowledge required to discover them. The client is urged to retain an expert in this field, if desired. A CALIFORNIA CORPORATION Initial This report is made for the exclusive use of the client as indicated as the addressee on the letter of transmittal. It is assumed that there is full compliance with all applicable federal,state, and local environmental regulations and laws unless noncompliance is stated,defined,and considered in the appraisal report. It is assumed that all applicable zoning and use regulations and restrictions have been complied with, unless a nonconfonnity has been stated, defined, and considered in the appraisal report. It is assumed that the utilization of the land and improvements is within the boundaries or property lines of the property described and that there is no encroachment or trespass unless noted in the appraisal report. The property is appraised assuming that all required licenses,certificates of occupancy, consents, or other legislative or administrative authority from any local, state, or national government or private entity or organization have been or can be obtained or renewed for any use on which the value estimate contained in this report is based, unless otherwise stated. The value premises cited are foundational and basic to the values reported herein and the right is reserved to revise and/or rescind the appraisal opinions in the event the conditions are modified to any extent. The liability of Mason & Mason is limited to the amount of the fee. The firm and appraisers preparing this report are not responsible for erroneous information provided by others. Indemnification-The appraisers are not necessary parties in any inquiry or judicial proceedings. They will not be called upon to testify in any litigation or other proceeding arising out of their duties in this matter. If they are compelled to incur court costs, attorney's fees or other out-of- pocket expenses in connection with court proceedings, such costs or expenses together with appraisers'usual hourly per diem applicable for their professional services for study,preparation, testimony or travel will be paid by the party (or parties) who acts to bring any suit requiring a judicial proceeding. Testimony or attendance in Court is not required by reason of this appraisal with reference to the property in question without a prior arrangement as to compensation and scheduling. It is the client's responsibility to read this report and to inform the appraiser of any errors or omissions of which he/she is aware prior to utilizing this report or malting it available to any third party. No one other than the appraisers signing this report has prepared the analyses, conclusions, and opinions concerning real estate that are set forth in this appraisal. This report in its entirety is Copyright 2016 by Mason & Mason, a California Corporation. All rights of reproduction are prohibited unless permission is granted in writing. A CALIFORNIA CORPORATION Initial MASON & M A S O N O Frances'No fe Mason,MAI David S.Mason.MAI:1929-2015 Real Estate Appraisers and Consultants I Established 1926 Bradford Triom;;son.r•tAI,A-RS,SPVOM Lisa M.Bunson.NAI Kim Pascuamello,SRPNA 2609 Honolulu Avenue, Suite 100 1 Montrose, CA 91020-1734 1 mason2.com Anne E.Pulis=rappouni.Pi?.D. N P: 818.957,1881 j F:818.957.1891 fmason@mason2.com S::nt .Taompsi;i;.wv1' 2016 STANDARD FEE SCHEDULE Compensation for work performed on a time-and-materials basis will be computed as follows through December 31, 2016: APPRAISAL, PROJECT SUPERVISION & EXPERT WITNESS SERVICES inclusive of Valuation, Consultation, Deposition, and Court Appearance • Frances Wolfe Mason, MAI $510.00/hour • Bradford Thompson, MAI, AI-GRS, SR/WA $400.00/hour • Lisa M. Benson, MAI $225.00/hour • Kim Pasquariello, SR/WA $300.00/hour • Anne E. Pulis-Tappouni, Ph.D., MAI $200.00/hour • Scott J. Thompson, MAI $200.00/hour • Nash Tannarong $150.00/hour ADMINISTRATIVE/RESEARCH ASSISTANT • Nancy Tomlinson $ 95.00/hour • Mairene Matthews $ 95.00/hour Secretarial $85.00 to $95.00/hour Court Exhibit Preparation $85.00 to $95.00/hour Minimum Charge for Deposition and Court Appearances 4 hours MISCELLANEOUS EXPENSES The following are billed at cost: • Subcontractor Services • Printing Services • Photo Services • Court Exhibits • Long Distance Telephone Calls, Conference Calls, Fax, etc. • Commercial Delivery Services • Computer Services • Air Transportation and Travel Expenses • Automobile Travel @ Current IRS Rates • Cloud Hosting and Cloud Storage Revised 511/16 APPRAISAL QUALIFICATIONS MASON & MASONO The firm of Mason & Mason, Real Estate Appraisers & Consultants, established in 1926, conducts an appraisal and consulting business throughout California. Offices have been maintained in Glendale since April 1, 1957. Mason & Mason is a California Corporation and is a Certified Woman Owned Business (WBE) by the California Public Utilities Commission (CPUC). The primary geographic area served is all of California,including assignments undertaken and completed in Arizona and Nevada. Mason&Mason has appraised large scale multiple-parcel projects as well as individual properties within the past ten(10)years. Recent multiple parcel appraisals have included over sixteen hundred properties for acquisition for the Los Angeles County Sanitation Districts in the Antelope Valley, several hundred properties for electrical transmission corridors for Southern California Edison, including the Tehachapi Renewables Transmission Project substations and transmission corridor in Kern and Los Angeles counties and several hundred acres for the Metropolitan Water District of Southern California for the Eastside Reservoir south of Hemet in Riverside County. Large acreage holding appraisals include the 80,000+acre Hearst Ranch, San Luis Obispo County, 28,435+ acre Onyx Ranch, Kern County and the 1,731 acre Joughin Ranch, Los Angeles County. Review appraisal assignments include many individual ownerships as well as specialized reviews as a result of Superior Court appointments. Large project review assignments include the State Highway 91 HOV Project for RCTC and 200+ parcels for California High Speed Rail Project. In general, Mason & Mason's clientele includes many cities, counties, the State of California and the Federal Government. Agencies include California Department of Transportation, California Department of Justice, Riverside County Transportation Commission, Metropolitan Transportation Authority, Los Angeles County Department of Public Works and the Orange County Transportation Authority. The cities include Los Angeles, Long Beach,Glendale, Pasadena,Santa Monica,Santa Ana,Torrance, Camarillo, Fontana, Riverside, Palm Desert, Rancho Cucamonga, and others. Assignments have also been completed for numerous city and county aviation facilities. Among the private clients have been numerous attorneys, individuals and private corporations,such as the Hearst Corporation, Lockheed Martin Corp., Southern California Edison, Pacific Gas & Electric, Newhall Land& Farming, Time Warner Cable, Charter Communications, Comcast Corp., Standard Oil, Union Oil,Shell Oil,American Land Conservancy, Le Fiell Manufacturing Co., MIPCO, LLC and Sempra Energy,as well as many banks,savings&loan institutions,public utilities, insurance and title companies. The appraisers in the firm are: • Frances Wolfe Mason, MAI Anne E. Pulis-Tappouni, Ph.D., MAI • Bradford Thompson, MAI, AI-GRS, SR/WA Scott J. Thompson, MAI • Lisa M. Benson, MAI Nash Tannarong • Kim Pasquariello, SR/WA Revised 12-15 APPRAISAL QUALIFICATIONS FRANCES WOLFE MASON, MAI APPRAISAL EXPERIENCE Appraiser and Vice-President with Brown-Wolfe,Inc.;offices in Louisville,Kentuckyand NewAlbany,Indiana. In addition to corporate management,appraisal experience involved a varietyof property including acreage,farm and rural property, single and multi-family residences,commercial,commercial specialtyand shopping centers,motels,office buildings and with specialization in industrial categories. Clients served were individuals, attorneys, corporations and agencies. Relocated to California and joined the firm of Mason&Mason in Glendale, California. Appraisal assignments include full and partial takings in fee as well as easements for projects in Ventura,Los Angeles,San Bernardino,Riverside,and Orange Counties. Types of properties involved in eminent domain or litigation actions include residential,commercial, industrial and agricultural both improved and unimproved. Services rendered involve appraisal review, and full and partial take appraisal report preparation of retail, office, industrial, mobile home parks, business parks, telecommunication sites, agricultural, and residential uses, including determination of severance damages and/or benefits forcondemnation acquisitions,redevelopment acquisitions,property tax appeals,deficiencyjudgments,financial decisions, and planning purposes. 1992 to current,President and Managing Partner of Mason&Mason Real Estate Appraisers,Consultants,and Property Management,A California Corporation. In addition to the above, non litigation assignments for tax planning, mortgage loans, partnerships and corporations include market value appraisals,fair rental studies and highest and best use studies for vacant land of all types, sizes and uses;telecommunications sites;multi-family apartment and condominium complexes;industrial and manufacturing properties; aviation oriented property and port oriented real estate. Vacant land appraisals include 81,000+ acre Hearst Ranch (conservation easement), San Luis Obispo County, Ca; 42,000±acres desert and water toll acres Blythe, California and 23,000 acres desert, vineyards and orchards, Cadiz, California. Many appraisals have also been completed on properties located in Pasadena,including: Pasadena YWCA, Pacific Asia Museum,Pasadena YMCA,Pasadena Central Library,The Rose Bowl,DeLacey and Schoolhouse parking garages. A partial listing of individuals,attorneys and corporations for whom I have completed appraisal assignments is as follows: AlvaradoSmith,A Professional Corporation Demetriou, Del Guercio, Springer& Francis American Land Conservancy Doheny Family Avila & Putnam FDIC Best, Best& Krieger Fulbright&Jaworski Burke, Williams &Sorensen The Gas Company California Dept. Of Justice Lewis, Brisbois, Bisgaard &Smith, LLP California Dept. of Transportation Lockheed Martin County of Los Angeles Price, Postal & Parma County Sanitation Districts of Los Angeles County Prudential Insurance Co. Loeb& Loeb Rutan &Tucker Loma Linda University Richards,Watson &Gershon Metropolitan Water District of So. Calif. Newhall Land & Farming Murphy,Austin,Adams &Schoenfeld, LLP Nordman, Cormany, Hair& Compton City of Glendale Ochoa&Sillas City of Los Angeles O'Melveny& Myers City of Palm Desert San Bernardino County Water City of Pasadena San Diego Valley Municipal Water Authority City of Riverside Sheppard, Mullin, Richter& Hampton Southern California Edison Co. 01/16 FWM-Page 1 of 3 EXPERIENCE-ARBITRATOR Sea World, San Diego, CA Land Lease Renegotiations January,2004 Marriott Hotel & Marina, CA January,2010 PROFESSIONAL AFFILIATIONS Nov. 1977 Elected to MAI membership in the American Institute of Real Estate Appraisers, Certificate No. 5737 1987 to current International Right of Way Association, member 1991 to current Certified General Appraiser, State of California, Certificate No. AGO01649 2002 to current Real Estate Broker, State of California, ID No. 01330850 1970 to 1983 Licensed Real Estate Broker, Indiana 1994 to current Associate Member, Urban Land Institute 1995 to current Associate Member,American Bar Association 1985 to current Member,Aircraft Owners & Pilots Association PROFESSIONAL ACTIVITIES 1993-94 Participated in the drafting of Appraisal Standards for Land Secured Financings for the California Debt Advisory Commission as required by Senate Bill 1464. 1991-92 Served as liaison between State of California Office of Real Estate Appraisers (OREA) and the Appraisal Institute for accreditation of all Appraisal Institute Courses historic and current required by Assembly Bill 527. 1973-74 Served as a member of the Education Committee, Indiana Association of Realtors. 1971-74 Served as Director and Chairman, Education Committee, Southern Indiana Board of Realtors. SPECIALIZED APPRAISAL TRAINING & CERTIFICATION Certified through December 31,2017,under Appraisal Institute(formerly A.I.R.E.A.)Voluntary Continuing Educational Program and completed recertification requirements of Certified General Appraiser Certificate, State of California (through February 2018). POSITIONS HELD-APPRAISAL INSTITUTE, formerly AMERICAN INSTITUTE OF REAL ESTATE APPRAISERS National Regional 1987-89 Division of Courses 1988 Committee to Nominate Governing Counselors 1983-86 Candidate Guidance 1983-90 Southwest Regional Committee 1979-80 Special Education Seminars 1976 Great Lakes Regional Conference Committee 1978 Division of Seminars Chapter-Southern California Chapter#5 1997 Special Advisor to Board of Directors, Co-Chair-Litigation Seminar 1995 Member, Nominating Committee 1992 Special Advisor to Board of Directors 1991 Past President-Board Advisor, Chair-External Affairs 1990 President 1989 Vice President 1988 Secretary Treasurer 1987-88 Chair Education Courses 1986 Assistant Secretary 1983-85 Director 01/16 FWM-Page 2 of 3 POSITIONS HELD-APPRAISAL INSTITUTE, formerly AMERICAN INSTITUTE OF REAL ESTATE APPRAISERS, (continued) Chapter-Southern California Chapter#5 (continued) 1982 Education Coordinator 1980-81 Chair-Education Courses Chapter-Indiana 1976 Seminar Committee SPECIALIZED APPRAISAL COURSES • AIREA Appraisal Course I -Basic Appraisal Principles, Methods/Techniques, 1971. • AIREA Real Estate Appraisal 1-13 -Capitalization Theory and Technique, 1973. • AIREA Real Estate Appraisal II -Urban Properties, 1974, University of Virginia. • AIREA Real Estate Appraisal VI - Real Estate Investment Analysis, 1975, University of Colorado. • AIREA Standards of Professional Practice,1982 and Appraisal Institute Standards of Professional Practice, 1991. • Feasibility Analysis, University of Wisconsin. • National Institute of Real Estate Brokers Management. Courses I, II and III. • Attended numerous specialized seminars and workshops throughout the years. OTHER QUALIFICATIONS 2001 Professional Service Award-Southern California Chapter of Appraisal Institute Qualified as an expert witness in Real Estate Valuation in the Superior Court of the State of California in Kern, Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara and Ventura Counties. FAA licensed pilot,private pilot, single engine land. I certify that to the best of my knowledge, the above statements are true and correct. Respectfully submitted, Frances Wolfe Mason, MAI State of California Certificate No.AGO01649 01/16 FWM-Page 3 of 3 APPRAISAL QUALIFICATIONS KIM PASQUARIELLO, SR/WA RELEVANT EXPERIENCE Currently employed as an appraiser with Mason and Mason Real Estate Appraisers & Consultants; California Certified General Real Estate Appraiser and hold the SR/WA designation,awarded through the International Right of Way Association. Extensive experience in both the public and private sectors in the field of real estate appraisal. Responsibilities as an independent fee appraiser include the valuation of all property types. For the past 20 years, the bulk of assignments have been in the right-of-way related field. Typical clients included the California Department of Transportation (Cal-Trans), the Ohio Department of Transportation (ODOT), various cities and counties,attorneys and private party litigation.In addition,client list has included manyvarious institutional lenders which involved the valuation of large vacant tracts, large proposed single family residential subdivisions, commercial and industrial properties. The following delineates educational and professional background. FORMAL EDUCATION Graduate of Worthington High School, 1973-Worthington, Ohio Military Education - 1974-1979 United States Army Reserves-served in various locations -Graduated from Womack Army Hospital -Fayetteville, North Carolina Associates Degree in Vocational Nursing 1975-Ft. Bragg, Fayetteville, North Carolina PROFESSIONAL EXPERIENCE 1980-1983-Real Estate Sales, Idyllwild, California 1983-1985-Associate Appraiser with Independent Real Estate Appraisers and Consultants,Inc.;Marshall McIntyre, MAI/SRPA, President June 1985-August 1995-General Partner-Independent Real Estate Appraisers in Hemet, California September 1995-January 1997-Owner-Independent Real Estate Appraisers -Hilliard, Ohio January 1997-September 2001 - Realty Specialist, ME Companies-Westerville, Ohio September 2001-October 2004-Owner of Pasquariello&Associates, LLC- Dublin, Ohio November 2004-present-Mason&Mason Real Estate Appraisers&Consultants-Montrose,California PROFESSIONAL AFFILIATIONS SR/WA- Designated Senior Right-of-Way Agent-International Right of Way Association Certified General Real Estate Appraiser-State of California-Certificate No. A0004306 Kim Pasquariello is a Practicing Affiliate of the Appraisal Institute APPRAISAL EDUCATION Principles of Real Estate Appraisal- Lumbleau Real Estate School, 1979 Course 101, Society of Real Estate Appraisers, 1985 Course 102, Society of Real Estate Appraisers, 1986 Capitalization Theory and Techniques, Part A, American Institute of Real Estate Appraisers, 1987 Capitalization Theory and Techniques, Part B, American Institute of Real Estate Appraisers, 1987 Course 214, Skills of Expert Testimony-IRWA, 1988 Successfully challenged Exam 1A-2,Basic Valuation Procedures,American Institute of Real Estate Appraisers, 1989 01/15 KP Page 1 of 3 Appraisal Education (continued) Successfully challenged Exam 1A-1/8-1, Real Estate Appraisal Principles, American Institute of Real Estate Appraisers, 1989 Course 403, Easement Valuation, IRWA, 1990 Course 401 -The Appraisal of Partial Acquisitions, IRWA 1990 Case Studies in Real Estate Valuation, Exam 2-1;American Institute of Real Estate Appraisers, 1990 Standards of Professional Practice Part A,Appraisal Institute(formerly The American Institute of Real Estate Appraisers), 1991 Standards of Professional Practice Part B,Appraisal Institute, 1991 Course 901 - Engineering Plan Development and Application, IRWA, 1991 Course 902-Property Descriptions. IRWA, 1993 Appraisal and Appraisal Review for Federal-Aid-Highway;Sponsored by U.S.Department of Transportation- Federal Highway Administration. 1994 Course 101 -Appraisal, Law, Engineering and Negotiations, IRWA, 1997 Course 720-Condemnation Appraising -Advanced Topics and Applications,Appraisal Institute, 1999 Course 103- Ethics and the Right of Way Profession. IRWA 1999 Course 802- Legal Aspects of Easements, IRWA, 1999 Course 403-Easement Valuation, IRWA, 1999 Course 200-Principles of Real Estate Negotiation, IRWA, 2001 Course 801- Land Titles, IRWA 2001 Course 201 -Communications in Real Estate Acquisitions, IRWA, 2001 Course 205- Bargaining Negotiations, IRWA, 2001 Course 430-Standards of Professional Practice, Part C-Appraisal Institute, 2002 Course 400-7 Hour National Uniform Standards of Professional Practice(USPAP),Appraisal Institute,2004 Course 410-15 Hour National Uniform Standards of Professional Practice(USPAP),Appraisal Institute,2005 Course-URAR-Uniform Residential Appraisal Report,Appraisal Institute, 2005 Course-900-Engineering, IRWA, 2006 Course-103 -Ethics and the Right of Way Profession, IRWA, 2006 7-Hour National USPAP Update Course,Appraisal Institute, 2007 Annual Valuation Seminar, IRWA, 2010 Supporting Capitalization Rates,Appraisal Institute, 2010 Condemnation Appraising Principles &Applications,Appraisal Institute 2010 Business Practices & Ethics,Appraisal Institute, December 2010 7-Hour National USPAP Update Course, McKissock, March 2011 Course 802-Legal Aspects of Easements, IRWA, September 2011 Course 213-Conflict Management, IRWA, October 2011 Course 700-GRE-The Appraiser as an Expert Witness,Appraisal Institute, March 2012 Course 705-GRE-Litigation Appraising -Specialized Topics,Appraisal Institute, March 2012 Federal and California Statutory and Regulatory Law Course,Appraisal Institute, 2012 Annual Valuation Seminar, IRWA, 2013 Annual Litigation Seminar,Appraisal Institute, 2013 7-Hour National USPAP Update Course, McKissock,April 2013 Annual Valuation Seminar, IRWA, 2014 Successfully completed the following courses for the purpose of obtaining Real Estate Brokers License in the State of California Real Estate Law California Real Estate Principles The Essentials of Real Estate Economics Real Estate Finance Modern Real Estate Practice Basic Real Estate Appraisal Property Management Real Estate Office Administration 01/15 KP Page 2 of 3 PROFESSIONAL ACHIEVEMENTS Named 1999 Professional of the Yearby the International Right of Way Association-Chapter 13-Columbus,Ohio OTHER QUALIFICATIONS Qualified as an expert witness in Real estate Valuation in the Superior Court of the State of California in Los Angeles, Riverside, San Bernardino and Ventura Counties. RECENT STATE/FEDERAL RIGHT-OF-WAY PROJECT INVOLVEMENTS Warren County-Route 122-Section 1.40 Athens County-Route 33-Section 30.980 Guernsey County-Route 209 -Section 11.50 Fairfield County-Route 33-Section 13.25 Ottawa County-Route 163 -Section 0.04 Los Angeles County- Inverse Condemnation Meigs County-Route 124-Section 22.72 Caltrans-Pearblossom SR 138 Meigs County-Route 124-Section 31.57 Caltrans- 1-210 Extension through Rialto I have been involved in various Local Public Agency projects around the State of Ohio and the State of California that were not State or Federally funded. A partial list of clients in this capacity are as follows: City of Columbus City of Rancho Cucamonga City of Dublin City of Rialto City of Fontana City of San Jacinto City of Glendora Delaware County Engineers Office City of Heath Franklin County Engineer's Office City of Hilliard Los Angeles Redevelopment Agency City of Westerville Summit County Engineer's Office City of Perrysburg Los Angeles World Airports I certify that to the best of my knowledge,the above statements are true and correct. Respectfully submitted, Kim Pasquariello, SR/WA State of California Certificate No.AG004306 01/15 KP Page 3 of 3 MASON & MASON ® Frances Wo fe Mason,MAI David S.Mason.MAI 1929-2015 Real Estate Appraisers and Consultants •1 Established 1926 Bradford Thompson.MAI,AI-GRS,SPUVVA Lisa h i.Benson.h/AI Kim Pasquarello,SRWA 2609 Honolulu Avenue,Suite 100 1 fvtontrose, CA 91020-1734 I mason2.com Anne E.Pulis-Tappouni,Ph.D..MAI P: 818.957.1881 I F: 818.957.1891 I fmason@mason2.com Scot!J.Thompson,%"Al July 18, 2016 Via email Only rlennox@cityofimenifee.us City of Menifee Robert Lennox, Community Services Director 29995 Evans Road, West Annex Menifee, California 92586 RE: Proposal for Appraisal Services Potential Acquisition for Park Development Purposes Vacant Acreage Totaling Approximately 4.45 Acres Evans Road, south of Corson Avenue William and Donna Thomas Ownership Menifee, California APN's 360-170-002, 003 Dear Mr. Lennox: Pursuant to your request,the following proposal and scope of work for the above-referenced property is submitted. It is our understanding that the City of Menifee is considering acquisition of the Thomas owned sites for the development of a park. The purpose of the appraisal is to establish an estimate of fair market value,as of a current date,to use as the basis for the initial offer price.The subject parcels,which are located with the city limits of Menifee,contain approximately 4.45 acres, according to assessor's plat snaps, identified as APN's 360-170-002 and 003. Appraisal Assignment Mason & Mason will provide an Appraisal Report consisting primarily of the Direct Sales Comparison Approach to value the subject larger parcel. The appraisal report will conforn to the Uniform Standards of Professional Appraisal Practice (USPAP). The valuation assigmnent will reflect the fair market value as of current date, based upon the highest and best use. It is assumed that the City of Menifee will not be sending notices to the property owners,and the inspection of the sites will be conducted from the public right of way only, unless otherwise instructed. City of Menifee Robert Lennox,Community Services Director July 28,2016 The scope of the valuation assignment will include: • Inspection of the larger parcel, from the public right of way. No notice will be sent to the owners unless instructed otherwise; • Ground photographs of the subject property; • Review of Zoning, General Plan, Flood Zone, and other information pertinent to the development and use of the subject property, • Highest and best use analysis; • Estimate the fair market value of the subject parcel based primarily upon the Direct Sales Comparison Approach to value; and • Prepare an Appraisal Report for the subject parcel. The market data will be provided in a summary forinat, including summary charts, sales location map,with plat maps and photographs of the comparable sales. Kim Pasquariello, SR/WA, will be primarily responsible for the assignment, which will be reviewed by Frances Wolfe Mason,MAI, with assistance from any of the named staff on the 2016 Fee Schedule. With respect to time, the report will be delivered electronically via the Mason & Mason secure intranet site at https:Hcloud.mason2cloud.com within 45 business days of authorization to proceed and receipt of requested items. An original bound copy of the final report is available at an additional cost upon request. The fee for the assignment is not to exceed$4,750,provided the scope of work,does not expand beyond what is detailed above. Any changes subsequent to submission of the report or intervening telephone conferences or meetings will be billed hourly. Mason&Mason requests that the 2016 fee schedule be included with the contract for services with the understanding that any of the staff named can be billed based on the stated hourly rates. If retained the following are required, where available: • Preliminary title report, together with the underlying documents, as available; and • Copy of any relevant entitlement documents or studies pertaining to the subject (i.e. pending development plans,hydrology, soils/environmental reports, etc.). Mason & Mason can order a preliminary title report, if not currently available, at a cost over and above the Mason fee quote. Typically, preliminary title reports cost $750 to $1,000; a cost that would be added to our fee. A CALIFORNIA CORPORATION 2 City of Menifee Robert Lennox,Community Services Director July 28,2016 Conclusion If the above is correct and you are agreeable to the fee, please execute an original of this letter contract or provide us with a letter of authorization confinning time,fee and scope of work. As you are aware, all appraisals are premised upon certain general and specific assumptions. So that you are informed as to the anticipated limiting conditions upon which this appraisal may be based,a copy has been attached. If, for your appraisal, these require amendment, you will be notified. Please initial one original set and return with the purchase order, or authorization to proceed. This proposal is valid until July 29, 2016. Please call if you have any questions. Yours truly, MASON &MASON rances Wolfe Mason, MAI READ, UNDERSTOOD, AND ACCEPTED / q/Z- Client' Date Enclosures KP/FWM:iuin ...... ... . .. .:n.. .:�. ... .. _. ,.." ... .... �......., .,. , .....,f.. . ... .. . ...,. :7:a, ._..., ..-��.. ... .. . ..., ,....won A CALIFORNIA CORPORATION 3 STATEMENT OF LIMITING CONDITIONS The following statements, assumptions, and considerations are offered as a basis for this particular appraisal report. .. .. Factual information presented in this report has been furnished by or obtained from sources which are considered reliable. While the data are believed to be correct, they cannot be guaranteed. . . . . It is assumed that the legal description and title are good and that the subject ownership is free and clear of all encumbrances except as may be detailed herein. A land survey was not made by the appraisers; while the dimensions and areas shown and/or referred to herein are assumed to be correct,property boundaries and locations of any improvements as indicated on exhibits in this report are not to be construed as being based upon a survey for which the appraisers are responsible. Where land dimensions or areas were shown on prepared maps, they were used. Where areas or dimensions were not shown, they were scaled from the prepared reaps and are subject to scaling error. . . . . The Americans with Disabilities Act of 1990 ("ADA") became effective January 26, 1992. We have not made a specific compliance survey and analysis of this property to determine whether or not it is in conformity with the various detailed requirements of the ADA. It is possible that a compliance survey of the property, together with a detailed analysis of the requirements of the ADA,could reveal that the property is not in compliance with one or more of the requirements of the Act. If so,this fact could have a negative effect upon the value of the property. Since we have no direct evidence relating to this issue, we did not consider possible non-compliance with the requirements of ADA in estimating the value of the property. . . . . The final value estimate reflects fair market value of the fee estate. . . . . The date of value for this appraisal is Xxxx xx, 20xx. . . . . The appraisers assume no responsibility for hidden or unapparent conditions of the property, subsoil, or structures that render it more or less valuable. No responsibility is assumed for arranging for engineering studies that may be required to discover them. . . . . Unless otherwise stated in this report,the existence of hazardous material,which may or may not be present on the property, was not observed by the appraisers. The appraisers,however, are not qualified to detect such substances.The presence of substances such as asbestos,urea-formaldehyde foam insulation,or other potentially hazardous materials may affect the value of the property. The value estimate is predicated on the assumption that there is no such material on or in the property that would cause a loss in value. No responsibility is assumed for any such conditions,or for any expertise or engineering knowledge required to discover there. The client is urged to retain an expert in this field, if desired. _,.:c� .•-,n:a; .,.,.; .: :,.;t,; •� . .._metre s-:: :..r...,r.: .,,.::. . ..,:..... ~ A CALIFORNIA CORPORATION a, v . Initial This report is made for the exclusive use of the client as indicated as the addressee on the letter of transmittal. It is assumed that there is full compliance with all applicable federal,state, and local environmental regulations and laws unless noncompliance is stated,defined,and considered in the appraisal report. It is assumed that all applicable zoning and use regulations and restrictions have been complied with,unless a nonconfonnity has been stated, defined, and considered in the appraisal report. It is assumed that the utilization of the land and improvements is within the boundaries or property lines of the property described and that there is no encroachment or trespass unless noted in the appraisal report. The property is appraised assuming that all required licenses,certificates of occupancy,consents, or other legislative or administrative authority from any local, state, or national government or private entity or organization have been or can be obtained or renewed for any use on which the value estimate contained in this report is based,unless otherwise stated. The value premises cited are foundational and basic to the values reported herein and the right is reserved to revise and/or rescind the appraisal opinions in the event the conditions are modified to any extent. The liability of Mason & Mason is limited to the amount of the fee. The firm and appraisers preparing this report are not responsible for erroneous information provided by others. Indemnification-The appraisers are not necessary parties in any inquiry or judicial proceedings. They will not be called upon to testify in any litigation or other proceeding arising out of their duties in this matter. If they are compelled to incur court costs, attorney's fees or other out-of- pocket expenses in connection with court proceedings, such costs or expenses together with appraisers'usual hourly per them applicable for their professional services for study,preparation, testimony or travel will be paid by the party (or parties) who acts to bring any suit requiring a judicial proceeding. Testimony or attendance in Court is not required by reason of this appraisal with reference to the property in question without a prior arrangement as to compensation and scheduling. It is the client's responsibility to read this report and to inform the appraiser of any errors or omissions of which he/she is aware prior to utilizing this report or making it available to any third party. No one other than the appraisers signing this report has prepared the analyses, conclusions, and opinions concerning real estate that are set forth in this appraisal. This report in its entirety is Copyright 2016 by Mason &Mason, a California Corporation. All rights of reproduction are prohibited unless permission is granted in writing. A CALIFORNIA CORPORATION Initial MASON & MASON ® Frances W o.fe Mason„MAI David S.Mason,MAI 1929-2015 Real Estate Appraisers and Consultants I Established 1926 Bradford Thorn pson.hriA N-GP.S,sRb'UA Lisa M.Benson.I:AI Kim Pasqueriello,SRNVA 2609 F-lonolulu Avenue,Suite 100 1 Montrose, CA 91020-1734 1 mason2.com Anne E.Pulis-Tappouni.Ph.D..^:Ai P:818.957,1881 1 F: 818.957.1891 1 fmason@mason2.com Scott J.T>tompson.ic'AI 2016 STANDARD FEE SCHEDULE Compensation for work performed on a time-and-materials basis will be computed as follows through December 31, 2016: APPRAISAL, PROJECT SUPERVISION & EXPERT WITNESS SERVICES inclusive of Valuation, Consultation, Deposition, and Court Appearance Frances Wolfe Mason, MAI $510.00/hour Bradford Thompson, MAI, AI-GRS, SR/WA $400.00/hour Lisa M. Benson, MAI $225.00/hour • Kim Pasquariello, SR/WA $300.00/hour • Anne E. Pulis-Tappouni, Ph.D., MAI $200.00/hour • Scott J. Thompson, MAI $200.00/hour Nash Tannarong $150.00/hour ADMINISTRATIVE/RESEARCH ASSISTANT • Nancy Tomlinson $ 95.00/hour • Mairene Matthews $ 95.00/hour Secretarial $85.00 to $95.00/hour Court Exhibit Preparation $85.00 to $95.00/hour Minimum Charge for Deposition and Court Appearances 4 hours MISCELLANEOUS EXPENSES The following are billed at cost: • Subcontractor Services Printing Services • Photo Services Court Exhibits Long Distance Telephone Calls, Conference Calls, Fax, etc. Commercial Delivery Services Computer Services Air Transportation and Travel Expenses Automobile Travel @ Current IRS Rates Cloud Hosting and Cloud Storage Revised 5/1/16 APPRAISAL QUALIFICATIONS MASON & MASON' The firm of Mason & Mason, Real Estate Appraisers & Consultants, established in 1926, conducts an appraisal and consulting business throughout California. Offices have been maintained in Glendale since April 1, 1957. Mason & Mason is a California Corporation and is a Certified Woman Owned Business (WBE) by the California Public Utilities Commission (CPUC). The primarygeographicarea served is all of California,including assignments undertaken and completed in Arizona and Nevada. Mason&Mason has appraised large scale multiple-parcel projects as well as individual properties within the past ten(10)years. Recent multiple parcel appraisals have included over sixteen hundred properties for acquisition for the Los Angeles County Sanitation Districts in the Antelope Valley, several hundred properties for electrical transmission corridors for Southern California Edison, including the Tehachapi Renewables Transmission Project substations and transmission corridor in Kern and Los Angeles counties and several hundred acres for the Metropolitan Water District of Southern California for the Eastside Reservoir south of Hemet in Riverside County. Large acreage holding appraisals include the 80,000+acre Hearst Ranch, San Luis Obispo County, 28,435+ acre Onyx Ranch, Kern County and the 1,731 acre Joughin Ranch, Los Angeles County. Review appraisal assignments include many individual ownerships as well as specialized reviews as a result of Superior Court appointments. Large project review assignments include the State Highway 91 HOV Project for RCTC and 200+ parcels for California High Speed Rail Project. In general, Mason & Mason's clientele includes many cities, counties, the State of California and the Federal Government. Agencies include California Department of Transportation,California Department of Justice, Riverside County Transportation Commission, Metropolitan Transportation Authority, Los Angeles County Department of Public Works and the Orange County Transportation Authority. The cities include Los Angeles, Long Beach,Glendale, Pasadena,Santa Monica,Santa Ana,Torrance,Camarillo, Fontana, Riverside, Palm Desert, Rancho Cucamonga, and others. Assignments have also been completed for numerous city and county aviation facilities. Among the private clients have been numerous attorneys, individuals and private corporations,such as the Hearst Corporation, Lockheed Martin Corp., Southern California Edison, Pacific Gas & Electric, Newhall Land&Farming,Time Warner Cable, Charter Communications, Comcast Corp., Standard Oil, Union Oil,Shell Oil,American Land Conservancy, Le Fiell Manufacturing Co., MIPCO, LLC and Sempra Energy,as well as many banks,savings&loan institutions,public utilities, insurance and title companies. The appraisers in the firm are: • Frances Wolfe Mason, MAI Anne E. Pulis-Tappouni, Ph.D., MAI • Bradford Thompson, MAI, AI-GRS, SR/WA Scott J. Thompson, MAI • Lisa M. Benson, MAI Nash Tannarong • Kim Pasquariello, SRMA Revised 12-15 APPRAISAL QUALIFICATIONS FRANCES WOLFE MASON, MAI APPRAISAL EXPERIENCE Appraiser and Vice-President with Brown-Wolfe,Inc.;offices in Louisville,Kentuckyand NewAlbany,Indiana. In addition to corporate management,appraisal experience involved a variety of property including acreage,farm and rural property, single and multi-family residences,commercial,commercial specialtyand shopping centers,motels,office buildings and with specialization in industrial categories. Clients served were individuals, attorneys, corporations and agencies. Relocated to California and joined the firm of Mason&Mason in Glendale, California. Appraisal assignments include full and partial takings in fee as well as easements for projects in Ventura,Los Angeles,San Bernardino,Riverside,and Orange Counties. Types of properties involved in eminent domain or litigation actions include residential,commercial, industrial and agricultural both improved and unimproved. Services rendered involve appraisal review, and full and partial take appraisal report preparation of retail, office, industrial, mobile home parks, business parks, telecommunication sites, agricultural, and residential uses, including determination of severance damages and/or benefits for condemnation acquisitions,redevelopment acquisitions,propertytax appeals,deficiencyjudgments,financial decisions, and planning purposes. 1992 to current,President and Managing Partnerof Mason&Mason Real Estate Appraisers,Consultants,and Property Management,A California Corporation. In addition to the above, non litigation assignments for tax planning, mortgage loans, partnerships and corporations include market value appraisals,fair rental studies and highest and best use studies for vacant land of all types,sizes and uses;telecommunications sites;multi-family apartment and condominium complexes;industrial and manufacturing properties; aviation oriented property and port oriented real estate. Vacant land appraisals include 81,000+ acre Hearst Ranch (conservation easement), San Luis Obispo County, Ca; 42,000±acres desert and water toll acres Blythe, California and 23,000 acres desert, vineyards and orchards, Cadiz, California. Many appraisals have also been completed on properties located in Pasadena,including: Pasadena YWCA, Pacific Asia Museum,Pasadena YMCA,Pasadena Central Library,The Rose Bowl,DeLacey and Schoolhouse parking garages. A partial listing of individuals,attorneys and corporations forwhom I have completed appraisal assignments is as follows: AlvaradoSmith,A Professional Corporation Demetriou, Del Guercio, Springer&Francis American Land Conservancy Doheny Family Avila & Putnam FDIC Best, Best& Krieger Fulbright&Jaworski Burke, Williams &Sorensen The Gas Company California Dept. Of Justice Lewis, Brisbois, Bisgaard &Smith, LLP California Dept. of Transportation Lockheed Martin County of Los Angeles Price, Postal & Parma County Sanitation Districts of Los Angeles County Prudential Insurance Co. Loeb & Loeb Rutan &Tucker Loma Linda University Richards, Watson &Gershon Metropolitan Water District of So. Calif. Newhall Land & Farming Murphy,Austin,Adams&Schoenfeld, LLP Nordman, Cormany, Hair&Compton City of Glendale Ochoa &Sillas City of Los Angeles O'Melveny& Myers City of Palm Desert San Bernardino County Water City of Pasadena San Diego Valley Municipal Water Authority City of Riverside Sheppard, Mullin, Richter& Hampton Southern California Edison Co. 01/16 FWM-Page 1 of 3 EXPERIENCE-ARBITRATOR Sea World, San Diego, CA Land Lease Renegotiations January, 2004 Marriott Hotel & Marina, CA January, 2010 PROFESSIONAL AFFILIATIONS Nov. 1977 Elected to MAI membership in the American Institute of Real Estate Appraisers, Certificate No. 5737 1987 to current International Right of Way Association, member 1991 to current Certified General Appraiser, State of California, Certificate No.AG001649 2002 to current Real Estate Broker, State of California, ID No. 01330850 1970 to 1983 Licensed Real Estate Broker, Indiana 1994 to current Associate Member, Urban Land Institute 1995 to current Associate Member,American Bar Association 1985 to current Member,Aircraft Owners &Pilots Association PROFESSIONAL ACTIVITIES 1993-94 Participated in the drafting of Appraisal Standards for Land Secured Financings for the California Debt Advisory Commission as required by Senate Bill 1464. 1991-92 Served as liaison between State of California Office of Real Estate Appraisers (OREA) and the Appraisal Institute for accreditation of all Appraisal Institute Courses historic and current required by Assembly Bill 527. 1973-74 Served as a member of the Education Committee, Indiana Association of Realtors. 1971-74 Served as Director and Chairman, Education Committee, Southern Indiana Board of Realtors. SPECIALIZED APPRAISAL TRAINING& CERTIFICATION Certified through December 31,2017, under Appraisal Institute(formerly A.I.R.E.A.)Voluntary Continuing Educational Program and completed recertification requirements of Certified General Appraiser Certificate, State of California (through February 2018). POSITIONS HELD-APPRAISAL INSTITUTE, formerly AMERICAN INSTITUTE OF REAL ESTATE APPRAISERS National Regional 1987-89 Division of Courses 1988 Committee to Nominate Governing Counselors 1983-86 Candidate Guidance 1983-90 Southwest Regional Committee 1979-80 Special Education Seminars 1976 Great Lakes Regional Conference Committee 1978 Division of Seminars Chapter-Southern California Chapter#5 1997 Special Advisor to Board of Directors, Co-Chair- Litigation Seminar 1995 Member, Nominating Committee 1992 Special Advisor to Board of Directors 1991 Past President-Board Advisor, Chair-External Affairs 1990 President 1989 Vice President 1988 Secretary Treasurer 1987-88 Chair Education Courses 1986 Assistant Secretary 1983-85 Director 01/16 FWM-Page 2 of 3 POSITIONS HELD-APPRAISAL INSTITUTE, formerly AMERICAN INSTITUTE OF REAL ESTATE APPRAISERS, (continued) Chapter-Southern California Chapter#5 (continued) 1982 Education Coordinator 1980-81 Chair-Education Courses Chapter- Indiana 1976 Seminar Committee SPECIALIZED APPRAISAL COURSES • AIREA Appraisal Course I -Basic Appraisal Principles, Methods/Techniques, 1971. • AIREA Real Estate Appraisal 1-B-Capitalization Theory and Technique, 1973. • AIREA Real Estate Appraisal II -Urban Properties, 1974, University of Virginia. • AIREA Real Estate Appraisal VI -Real Estate Investment Analysis, 1975, University of Colorado. • AIREAStandards of Professional Practice,1982 and Appraisal Institute Standards of Professional Practice, 1991. • Feasibility Analysis, University of Wisconsin. • National Institute of Real Estate Brokers Management. Courses I, II and III. • Attended numerous specialized seminars and workshops throughout the years. OTHER QUALIFICATIONS 2001 Professional Service Award-Southern California Chapter of Appraisal Institute Qualified as an expert witness in Real Estate Valuation in the Superior Court of the State of California in Kern, Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara and Ventura Counties. FAA licensed pilot, private pilot, single engine land. I certify that to the best of my knowledge, the above statements are true and correct. Respectfully submitted, Frances Wolfe Mason, MAI State of California Certificate No.AG001649 01/16 FWM-Page 3 of 3 APPRAISAL QUALIFICATIONS KIM PASQUARIELLO, SR/WA RELEVANT EXPERIENCE Currently employed as an appraiser with Mason and Mason Real Estate Appraisers & Consultants; California Certified General Real Estate Appraiser and hold the SR/WA designation,awarded through the International Right of Way Association. Extensive experience in both the public and private sectors in the field of real estate appraisal. Responsibilities as an independent fee appraiser include the valuation of all property types. For the past 20 years, the bulk of assignments have been in the right-of-way related field. Typical clients included the California Department of Transportation (Cal-Trans), the Ohio Department of Transportation (ODOT), various cities and counties,attorneys and private party litigation.In addition,client list has included manyvarious institutional lenders which involved the valuation of large vacant tracts, large proposed single family residential subdivisions, commercial and industrial properties. The following delineates educational and professional background. FORMAL EDUCATION Graduate of Worthington High School, 1973-Worthington, Ohio Military Education - 1974-1979 United States Army Reserves-served in various locations-Graduated from Womack Army Hospital-Fayetteville, North Carolina Associates Degree in Vocational Nursing 1975-Ft. Bragg, Fayetteville, North Carolina PROFESSIONAL EXPERIENCE 1980-1983- Real Estate Sales, Idyllwild, California 1983-1985-Associate Appraiser with Independent Real Estate Appraisers and Consultants,Inc.;Marshall McIntyre, MAI/SRPA, President June 1985-August 1995-General Partner-Independent Real Estate Appraisers in Hemet, California September 1995-January 1997-Owner-Independent Real Estate Appraisers-Hilliard, Ohio January 1997-September 2001 - Realty Specialist, ME Companies-Westerville, Ohio September 2001-October 2004-Owner of Pasquariello&Associates, LLC- Dublin, Ohio November 2004-present-Mason&Mason Real Estate Appraisers&Consultants-Montrose,California PROFESSIONAL AFFILIATIONS SR/WA-Designated Senior Right-of-Way Agent-International Right of Way Association Certified General Real Estate Appraiser-State of California-Certificate No.AGO04306 Kim Pasquariello is a Practicing Affiliate of the Appraisal Institute APPRAISAL EDUCATION Principles of Real Estate Appraisal - Lumbleau Real Estate School, 1979 Course 101, Society of Real Estate Appraisers, 1985 Course 102, Society of Real Estate Appraisers, 1986 Capitalization Theory and Techniques, Part A, American Institute of Real Estate Appraisers, 1987 Capitalization Theory and Techniques, Part B, American Institute of Real Estate Appraisers, 1987 Course 214, Skills of Expert Testimony-IRWA, 1988 Successfully challenged Exam 1A-2,Basic Valuation Procedures,American Institute of Real Estate Appraisers, 1989 01/15 KP Page 1 of 3 Appraisal Education (continued) Successfully challenged Exam 1A-1/8-1, Real Estate Appraisal Principles, American Institute of Real Estate Appraisers, 1989 Course 403, Easement Valuation, IRWA, 1990 Course 401 -The Appraisal of Partial Acquisitions, IRWA 1990 Case Studies in Real Estate Valuation, Exam 2-1;American Institute of Real Estate Appraisers, 1990 Standards of Professional Practice Part A,Appraisal Institute(formerly The American Institute of Real Estate Appraisers), 1991 Standards of Professional Practice Part B,Appraisal Institute, 1991 Course 901 - Engineering Plan Development and Application, IRWA, 1991 Course 902-Property Descriptions. IRWA, 1993 Appraisal and Appraisal Review for Federal-Aid-Highway;Sponsored by U.S.Department of Transportation- Federal Highway Administration. 1994 Course 101 -Appraisal, Law, Engineering and Negotiations, IRWA, 1997 Course 720-Condemnation Appraising -Advanced Topics and Applications,Appraisal Institute, 1999 Course 103- Ethics and the Right of Way Profession. IRWA 1999 Course 802-Legal Aspects of Easements, IRWA, 1999 Course 403-Easement Valuation, IRWA, 1999 Course 200-Principles of Real Estate Negotiation, IRWA, 2001 Course 801-Land Titles, IRWA 2001 Course 201 -Communications in Real Estate Acquisitions, IRWA, 2001 Course 205- Bargaining Negotiations, IRWA, 2001 Course 430-Standards of Professional Practice, Part C-Appraisal Institute, 2002 Course 400-7 Hour National Uniform Standards of Professional Practice(USPAP),Appraisal Institute,2004 Course410-15 Hour National Uniform Standards of Professional Practice(USPAP),Appraisal Institute,2005 Course-URAR- Uniform Residential Appraisal Report, Appraisal Institute, 2005 Course-900- Engineering, IRWA, 2006 Course-103-Ethics and the Right of Way Profession, IRWA, 2006 7-Hour National USPAP Update Course, Appraisal Institute, 2007 Annual Valuation Seminar, IRWA, 2010 Supporting Capitalization Rates, Appraisal Institute, 2010 Condemnation Appraising Principles &Applications,Appraisal Institute 2010 Business Practices &Ethics,Appraisal Institute, December 2010 7-Hour National USPAP Update Course, McKissock, March 2011 Course 802-Legal Aspects of Easements, IRWA, September 2011 Course 213-Conflict Management, IRWA, October 2011 Course 700-GRE-The Appraiser as an Expert Witness,Appraisal Institute, March 2012 Course 705-GRE-Litigation Appraising-Specialized Topics,Appraisal Institute, March 2012 Federal and California Statutory and Regulatory Law Course,Appraisal Institute, 2012 Annual Valuation Seminar, IRWA, 2013 Annual Litigation Seminar,Appraisal Institute, 2013 7-Hour National USPAP Update Course, McKissock,April 2013 Annual Valuation Seminar, IRWA, 2014 Successfully completed the following courses for the purpose of obtaining Real Estate Brokers License in the State of California Real Estate Law California Real Estate Principles The Essentials of Real Estate Economics Real Estate Finance Modern Real Estate Practice Basic Real Estate Appraisal Property Management Real Estate Office Administration 01/15 KP Page 2 of 3 PROFESSIONAL ACHIEVEMENTS Named 1999 Professional of the Yearby the International Right of WayAssociation-Chapter 13-Columbus,Ohio OTHER QUALIFICATIONS Qualified as an expert witness in Real estate Valuation in the Superior Court of the State of California in Los Angeles, Riverside, San Bernardino and Ventura Counties. RECENT STATE/FEDERAL RIGHT-OF-WAY PROJECT INVOLVEMENTS Warren County-Route 122-Section 1.40 Athens County-Route 33 -Section 30.980 Guernsey County-Route 209-Section 11.50 Fairfield County-Route 33-Section 13.25 Ottawa County-Route 163 -Section 0.04 Los Angeles County-Inverse Condemnation Meigs County-Route 124-Section 22.72 Caltrans-Pearblossom SR 138 Meigs County-Route 124-Section 31.57 Caltrans-1-210 Extension through Rialto I have been involved in various Local Public Agency projects around the State of Ohio and the State of California that were not State or Federally funded. A partial list of clients in this capacity are as follows: City of Columbus City of Rancho Cucamonga City of Dublin City of Rialto City of Fontana City of San Jacinto City of Glendora Delaware County Engineers Office City of Heath Franklin County Engineer's Office City of Hilliard Los Angeles Redevelopment Agency City of Westerville Summit County Engineer's Office City of Perrysburg Los Angeles World Airports I certify that to the best of my knowledge,the above statements are true and correct. Respectfully submitted, Kim Pasquariello, SR/WA State of California Certificate No.AG004306 01/15 KP Page 3 of 3