CCP 06022025 - Laserfiche WebLink

Home

Attachment 1 File:Scope of Work ScopeofWork The appraisal was conducted in accordance with Uniform Standards of Professional Appraisal Practice (USPAP). The appraisal also complies with the Standards of Professional Practice of both the Appraisal Institute and the American Society of Appraisers. This Appraisal Report is intended to comply with the reporting requirements set forth under Standards Rule 2 of USPAP. Extent ofProperty Inspection The appraisermade a briefsite visiton October 23, 2024. Photographswere taken at that time. The assignment was discussed with both Ted and DanaMcCullum during the site visit. A more thorough inspection was made on December 7, 2024. Additional photographs were taken. The subject items were inventoried and measured. Ms. Dana McCullum accompanied the appraiser during this inspection. CLIENT The City of Roseville, MN. PURPOSE OF APPRAISAL The purpose of this appraisal is to estimate thefairmarket value in continued use of the subject tenant improvements and trade fixtures. INTENDED USE The intended use of the appraisal is to assist the client with relocation of the business known as Salon 27. INTENDED USERS The intended users areidentified as the client. PROPERTY APPRAISED The subjectproperty consists of those items that are identified as the interior tenant improvementsand the trade fixtures. fixtures typically implies that the items areowned by the Note: The term trade tenant; and areattached to the real estate, but can be removed from the real estate at the end of said tenant’s tenancy. However, this is not how the term trade fixtures is being used in this appraisal. Most of the items categorized herein as tradefixtures are permanently or semi- permanently attached to the building. The items have the physical characteristics of Dodd Advisory & Valuation 4 Qbhf!214!pg!385