27,2
2.7.3
2.7.4
2.7.5
2.7.6
YearofWork % or#of Parcels Type of Work Annual Payment
2020 37% Measure/List $415,000
2021 32% Measure/List $365,000
2022 31% Measure/List & Cyclical Revaluation $345,000
The amount or terms of compensation to be paid by Municipality for assessing services to support and
defend assessments that are appealed to the BTLA or superior court, if not included in Section 3 of the
agreement, quoted on a hourly or daily basis plus expenses is: $125 hourly / $1,000per day.
The itemized cost for the appraisal of special use or utility property(s) if not included in 2.7.1 is/are listed
below:
Not applicable to this contract.
Manner and time of payment: An initial payment of $50,000 will be paid within 14 calendar days of this
contract being approved by the DRA and signed by both parties. For remaining payments in 2020, 2021,
and 2022, Municipality will pay Contractor in monthly installments as follows: each month, starting
February 2020, Municipality will pay (1/11" for 2020), ( 1/12" for 2021) and (1/8" for 2022) of the annual
payment for that year to Contractor by the last day of the month. All payments are subject to the required
retainage.
A 10% retainage shall be withheld from Contractor until:
(1) The municipal assessing officials have determined that all of the terms of the contract have been
satisfied; and,
(2) The DRA has completed its final monitoring report.
Except as provided in Sections 2.7.2, 2.7.3, the stated consideration in 2.7.1 represents the total payment for
all contracted services.
3. DETAIL OF SERVICES TO BE PERFORMED BY CONTRACTOR
3.1 Collection of Property Data
3.1]
3.1.2
All vacant land parcels and any attributes that may affect the market value shall be listed accurately. Such
attributes may include, but not be limited to: number of acres; road frontage; neighborhoods; water
frontage; water access; views; topography; easements; deeded restrictions and other factors that might affect
the market value.
Every principal building(s), and any appurtenant building(s), or other improvements, shall be accurately
measured and listed to account for the specific elements and details of construction as described in the data
collection manual. Such elements and details may include, but not be limited to: quality of construction; age
of structure; depreciation factors; basement area; roofing; exterior cover; flooring; replaces; heating &
cooling systems; plumbing; story height; number of bathrooms; number of bedrooms; and, other features,
attributes, or factors that might affect market vaiue.
Contractor shall make an attempt to inspect the property, and if the attempt is unsuccessful, Contractor
shall:
(1) Make a note with the date of the visit to the property;
(2) Leave a notification card at the property requesting that the property owner call the Contractor’s
designee, within a stated time frame as agreed upon by the municipal assessing officials and
Contractor, to arrange for an interior inspection; or,
(3) Send a letter to the property owner requesting that the property owner call the Contractor’s
designee, within a stated time frame as agreed upon by the municipal assessing officials and
