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HomeMy WebLinkAboutRESPONSE - RFP - 7424 APPRAISAL SERVICES (5)PROPOSAL IN RESPONSE TO Request for Proposal 7424 Appraisal Services PREPARED FOR: Mr. James B. O'Neill II, CPPO, FNIGP Director of Purchasing & Risk Management Financial Services — Purchasing Division 215 North Mason Street, 2nd Floor Fort Collins, Colorado PREPARED AND SUBMITTED BY: Bonnie D. Roerig, M.AI Bonnie Roerig & Associates, LLC Real Estate Analysts • Valuation Consultants 1873 S. Bellaire Street, Suite 1222 Denver. Colorado 80222-4359 Submitted August 31, 2012 Date due September 7, 2012 1 1 1 1 1 1 Bonnie Roerig & Associates, LLC 1873 S. Bellaire St., Suite 1222 Denver. CO 80222 Jny and/or deposition record D. Roerig, MAI Jan-00 RTD May-01 Kirby Ross Jul-01 Alvin Chua, Esq. Nov-02 City of Aurora Mar-03 Parker Water & Sanitation District Apr-03 Parker Water & Sanitation District lun-03 Parker Water& Sanitation District Aug-03 W. 72nd Ave. Extension Sep-03 T-Rex Nov-03 T-Rex Feb-04 City of Arvada Mar-04 Nov-05 City of Black Hawk 19.427 acre owned by Denver Residential Inc., for acquisition for Park-n-Ride facility INS Ken Caryl Ave., ES Shaffer Pkwy. Land Leased Fee Analysis, Royal Palace Hotel at 1565 Colo. Blvd., Denver Rent study for 605 Parfet St., Lakewood Tai-Dan Hsu, owner 1470 Emporia St., Aurora (City acquisition), owned by Michael Deans 36 acres vacant land, Douglas County owned by Anton & Sherry Johnson 55.72 acres vacant land, Douglas County owned by Gwendolyn Mandel 55.72 acres vacant land, Douglas County owned by Gwendolyn Mandel Boyer property, partial acquisition 7240 Kipling Street Haynes Mechanical Building Greenwood Village Koelbel Property, E. Yale Cir. Total taking HK Newplan Property Arvada Plaza Shopping Center PE and TE acq./Rebuttal Yonkers & Tarbox Partial Acquisition Deposition Jefferson County Dist. Testimony Deposition Denver District Testimony Jefferson County Dist. Testimony Arapahoe County Deposition Douglas County Dist. Deposition Douglas County Dist. Testimony Douglas County Dist. Deposition Jefferson County Dist. Testimony Deposition Arapahoe County Testimony Deposition Denver District Testimony Deposition Jefferson County Dist. Testimony Deposition lGilpin County Dist Oct-06 Dry Creek Reservoir Appraisal Review, three owners Deposition Larimer County Dist. Apr-08 Union Pacific RR Co. UP v. Cline et.al. Deposition Grand County Dist. Aug-09 RTD Smita Merchant, Inc. (1370-1390 Wadsworth) Deposition Denver District Sep-09 RTD Naiman, et al. Deposition Jefferson County Dist. 2c1-09 RTD Naiman, et al. Testimony Denver District Oct-10 RTD Quadrant Properties Deposition Denver District Mar-11 Internal Revenue Service C.L. Mitchell LLC Testimony Federal Tax Court Bonnie Roerig & Associates, LLC ReaCEstate AnaCysts - TaCuation ConsuCtants 1 1 t 1 1 1 I 1 t 1 1 1 1 YOUR REGISTRATION HAS A NEW FORMAT, DESIGN. COLOR AND ADDED SECURITY FEATURES. The wallet Card provided below is your official authorization to practice. This card has security features and is printed on heat sensitive paper. Do not duplicate this document. Photocopies are not considered official documents. The right -side portion can be used to update your HOME address only with the Colorado Division of Real Estate. After completing this form, please mail to: Colorado Division of Real Estate Attn: Licensing Section (Address Change) 1560 Broadway, Ste. 925 Denver, CO 80202 T To Remove Document Fold and Tear Along This Perforation r STATE OF COLORADO Depmunent of Regutatory Agencies Division of Rent Estate ACWO nNWIED m: SEWN£ PARR Cart Gen Am,, iwr 1313395 I Jan 12010 I Doc 31 7012 Amai rK. Dare Dos ,sera![ ROQRG ME R.W,07M.I59 ner�,ATv.a.M fww s.we BONNIE ROERIG Type: CG Number: 1313395 HOME Phone AREA -- — HOME Address — Include City State. Zip ♦ use tre area aoovc fora HOME,seeress Sege Oety 4 THIS IS YOUR WALLET CARD Bonnie Roerig & Associates, 11C ReaCBstate 2lnatysts -'Valuation Consultants 1 tSummary of Experience and Qualifications - Sharon Rahn 1. Memberships: Appraisal Institute: Associate Appraiser 1. Business Affiliations: ' a) Associate Appraiser, Bonnie Roerig & Associates, LLC, September 1994 to present. b) Fee Appraiser, Majestic Appraisal Services, Inc. — Denver, Colorado, 1989 — 1994 1 1 r 1 I I 1 I I 1 c) Fee Appraiser for numerous lending institutions and private property owners in metropolitan Denver and Boulder, 1987 —1989 d) Staff Appraiser, Empire Savings & Loan, Denver, Colorado, 1985-1987 2. Education: a) Honor Graduate of Arapahoe High School, Littleton, Colorado b) Red Rocks Community College, Golden, Colorado Land and Legal Aspects c) Institute of Financial Education: Residential Appraising d) Society of Real Estate Appraisers Courses: Course 101 Course 102 e) Appraisal Institute Courses: Standards of Professional Practice, Part A, Part B Basic Income Capitalization Course 310 Advanced Income Capitalization Course 510 Highest and Best Use and Market Analysis Course 520 f) University of Colorado — Boulder, Colorado Income Capitalization Commercial Case Studies g) American Society of Farm Managers and Rural Appraisers Appraising Conservation Easements & Case Studies h) Appraisal institute Green Buildings/Leeds Appraising Historic Preservation Easements Colorado State Certified General Appraiser, No. CGO1313801 3. Experience: Extensive single—family and multi —family residential experience, background, education and expertise gained throughout my career. In the 18 years I have been affiliated with Bonnie Roerig & Associates, LLC, I have gained significant experience with income —producing real property as well as with appraisal of all types of real estate for eminent domain purposes. Bonnie Roerig & Associates, ££C ReaCEstate AnaCysts - TaCuation ConsuCtants STATE OF COLORADO Department of Regulatory Agencies Division of Real Estate Active PRINTED ON SECURE PAPER Cert Gen Appraiser 1313801 Number SHARON RAHN DENVER, CO 80222 Jan 1 2011 Issue Date Program Administrator C Dec 31 2013 Expires Licensee Signature Bonnie Roerig & Associates, LLC Real Estate .AnaCysts - VaCuation CansuCtants I ' QUALIFICATIONS SUMMARY —LISA A. ROBERTS ' PROFESSION Certified General Real Estate Appraiser FORMAL Iver C. Ronum High School Graduate EDUCATION Colorado State University, Fort Collins, Colorado 1 Community College of Denver, Westminster, Colorado Community College of Denver, Red Rocks, Golden, Colorado Mesa State College, Grand Junction, Colorado University of Colorado, Boulder, Colorado Marylhurst University, Marylhurst, Oregon PROFESSIONAL Associate Member of the Appraisal Institute, FHA Approved Appraiser, ' AFFILIATIONS #C0CG40014244, CDOT Approved for Eminent Domain PROFESSIONAL Registered Appraiser: Basic Appraisal Principles and Procedures —1998 ' COURSES Basic Appraisal Applications: Residential Case Study —1998 Standards and Ethics —1998 Small Residential Income Properties —1998 Housing Construction Class —1999 ' Certified Residential: Reporting, Reviewing & Analyzing Residential Appraisals —1999 Appraisal Principles and Advanced Applications —2000 Income Capitalization — 2000 ' Commercial Case Studies — 2000 USPAP Update — 2001, 2003, 2005, 2007, 2008, 2010 and 2012 ' Appraising the Oddball —2003 The Technical Inspection of Real Estate — 2004 Appraisal Review — 2005 Housing Construction — 2006 ' Business Practices and Ethics — 2007 and 2010 Subdivision Valuation —2008 Field Review —2009 Regional Assessment Education Program —2009 ' Residential Design — 2009 Vacant Land Present Worth —2010 ' Condemnation Appraisal; Principles and Applications —2010 STATE LICENSE Certified General Appraiser, Colorado #CG40014244 ' TYPES OF APPRAISAL Commercial and industrial properties, single—family residences, small residential EXPERIENCE income properties, vacant land, mobile home parks, rural land, farms and ranches, private airports, hotels/motels. Forfinoncing purposes, estate valuation, eminent domain, portfolio valuation and feasibility analyses. Hearing and arbitration officer, ' property tax protests, Garfield, Mesa, Delta and San Miguel Counties. LOCATIONS OF WORK ' COMPLETED Colorado counties: Delta, Eagle, Garfield, Gunnison, LOPlata, Mesa, Montrose, Ouray, Rio Blanco, Routt, Saguache and San Miguel ' Bonnie Roerig & .Associates, CfC ReaCEstate .AnaCysts - TaCuation Consuaants I ' PROFESSIONAL REFERENCES: 1 1 1 1 1 1 1 1 1 1 Bonnie D. Roerig, MAI 303-757-5525 Lisa Warder 970-618-5739, cell Judith Allerheiligen, SRA 970-201-6212 PARTIAL CLIENT LIST: Advanced Capital Lending Affiliated Financial Group All -Funds Mortgage Alpine Bank American Home Loans American National Bank Bank of America Bank of Colorado Bellco Credit Union Cache Mortgage City of Montrose Community First National Bank Fidelity Mortgage First National Bank of the Rockies Landsafe Appraisal Management Company Mountain Valley Bank Roginski Law Offices Seton Capital Group Streetlinks Timberline Bank Unifirst Mortgage US Bank Vectro Bank Certified General Appraiser Deputy Assessor, Garfield County Certified General Appraiser Bonnie Roerig &✓`associates, £LC ReaCEstate Analysts - TaCuation Consultants STATE OF COLORADO Department of Regulatory Agencies Division of Real Estate Active PRINTED ON SECURE PAPER i d Program Administrator Licensee Signature Bonnie Roerig & -Associates, l£C ReaCEstate AnaCysts - VaCuation ConsuCtants I Summary of Experience and Qualifications - James P. Konzak IT Manager/Researcher ' Bachelor of Science, Aeronautical and Astronautical Engineering, Purdue University, 1976. ' Held engineering positions with several firms, 1976 through 1988 including Thiokol, General Dynamics, Martin Marietta, and TRW Ballistic Missiles Division. Projects included space shuttle solid rocket booster, Tomahawk Cruise Missile, Trident C-4, Peacekeeper, and small ICBM. ' Editor and publisher of "The Konzak Report" monthly newsletter on national defense and foreign policy, 1988 to September 1991. ' IT Manager/researcher for Bonnie Roerig & Associates, LLC, since September 1991. Responsibilities include technical management of all computer systems, defining purchasing, installing, customizing and troubleshooting all office PCs and peripherals. Software management and training, backup systems manager. Maintenance, repair and upgrades ' including computer system configuration and assembly of desktop PC systems. Manager of office LAN. 1 L Specializations include Site To Do Business On Line (www.stdbonline.com) subscription economic and demographic data source, Doc Edge subscription legal document service, appraisal report design and production, market data research and organization, project management, final report text editing, compilation and assembly. Jim is responsible for overseeing and supporting every aspect of the firm's projects except for any services provided under USPAP, (handled by the appraisal staff), and the office management responsibilities, (handled by Mary Agnew). Bonnie Roerig & .associates, LLC ReaCEstate AnaCysts - VaCuation ConsuCtants u 11 1 U 1 11 I Summary of Experience and Qualifications - Mary L. Agnew 1. Business Affiliations: a) Office Manager, Bonnie Roerig & Associates, LLC, March 1989 to present. b) Newsprint Accountant, Rocky Mountain News —Denver, Colorado, 1984-1989 c) Circulation Accountant, Beaver Valley Times —Beaver, Pennsylvania, 1982-1984 2. Education: a) Beaver Falls High School, Beaver Falls, Pennsylvania b) Beaver Valley Community College, Monaca, Pennsylvania Computer Science and Bookkeeping 3. Experience: Office managerial experience including accounting, Word and Excel understanding, QuickBooks, and extensive internet research projects, and file and appraisal organization. Bonnie Roerie & .Associates, LLC ReaCEstate .Analysts -yaCuation Consuftants I t t 1 1 'J 1 Client References Bonnie Roerig & Associates, LLC Real Estate Appraisers Valuation Consultants Ms. Susan K. A/tes Senior Real Property Specialist Regional Transportation District 1600 Blake Street Denver. Colorado 80202 303-299-2440 Represents RTD client in all appraisal/appraisal review matters. Services provided on continual basis since early 1970s. Became Federal reviewer 9-1-2011. Assignments are on -going Mr. Robert J. Amter, President Montegra Capital Resources, Ltd. 3455 Ringsby Court, #96 Denver, Colorado 80216 303-377-4181 Owner of Colorado's oldest and largest private mortgage lender. Appraisal and appraisal review services provided on on -going basis for 40 years including currently. Mr. Michael Owen ' Regional Transportation District Denver, Colorado 80202 303-299-2368 ' Manager/coordinator of review appraisal services-FTA concurrence ' assignments are current and on -going. 11 Mr. Anthony D. Cichello, MAI Colorado Department of Transportation Region 2 ROW Appraiser/Appraisal Review 1480 Quail Lake Loop, Suite A Colorado Springs, CO 80906 719-227-3237 Engages and reviews appraisals done for CDOT Region 2. On -going assignments including two in early 2012. Mr. Allen L. Torrey Colorado Department of Transportation Region 6 ROW 2000 S. Holly Street Denver, CO 80222 303-757-9904 Appraisal reviewer for CDOT Region 6. On -going assignments including two in 2011 and four in 2012. Ms. Joani Cravens Manager, Real Property Services 15151 E. Alameda Parkway, #3200 Aurora, Colorado 80012 303-739-7325 Appraisal services provided in past three years and currently. Bonnie Roerig & Associates, LLC ReaCEstate AnaCysts - VaCuation Consultants 1 Real Estate Analysts Valtiatioa Consultants Bonnie Roerig & .Associates, LLC Bonnie D. Roerig, MAI u ,u August 23, 2012 Mr. James B. O'Neill II, CPPO, FNIGP Director of Purchasing & Risk Management Financial Services Purchasing Division City of Fort Collins 215 N. Mason St. 2nd Floor PO Box 580 Fort Collins, Colorado 80522 ' Re: Request for Proposals 7424 Appraisal Services Dear Mr. O'Neill: I have carefully and thoroughly read the materials you provided relative to the above —captioned project. I am qualified and prepared to provide the services needed by the City of Fort Collins consistent with the Scope of Work and cover letter. I I 11 I I n Background Information I have a five -person appraisal services company based in Denver. Our assignments are performed all over the State of Colorado; we are not licensed or certified in any other state. The company consists of three Colorado General Certified appraisers, a full-time information technology (IT) specialist, and full- time office and business manager. Qualification summaries and resumes of all members of the firm are provided with this RFP submittal. The resumes address the qualifications, educational backgrounds, and experience of all members of the firm, especially the appraisal experts. All three appraisers have decades of experience in the appraisal of properties for entire acquisition, or partial acquisition including consideration of damages/benefits to the remainder properties. Provided later in this submittal are more details of my Federal review appraisal experience for transit authorities, municipalities, for CDOT, and for other similar clients. 1873 S. Bellaire Street Suite 1222 Denver, Colorado 80222-4359 Phone: 303-757-5525 Fax: 303-757-8835 E-mail: bonnie@coloradoappraiser.net D. PROPOSAL COST SHEET Supply the hourly rates for the following: 1. Hourly personnel rates for project team members: a. Bonnie D. Roeria A 10 b. Associate Aonraisers $10 C. Production, Research and Clerical $ 85 d. e. f. 9• 2. Appraisal services hourly rate of pay — One specific rate of pay for the performance of all appraisal services except litigation services: $ 210.00 3. Litigation services hourly rate of pay — One specific rate of pay for the performance of all litigation services: $ 210.00 4. Breakout of reimbursable costs: (these are included in rates 2. & 3. Above). a. N/A - None b. C. d. RFP 7424 Appraisal Services Page 7 of 30 Real Estate Analysts ' — Valuation Consultants Bonnie Roerig & Associates, LLC Bonnie D. Roerig, MAI ' September 7, 2012 City of Fort Collins Purchasing ' BID 7424: Appraisal Services ' Re: Acknowledgement of any modifications to BID 7424 ' By signing this document I acknowledge receipt of Addendum No. 1, Exhibit 1 which follows this page. 1 Bonnie D. Roerig, MAI (Al) Colorado Certified General Appraiser MCG01313395 t 1�J ' 1873 S. Bellaire Street) Suite 1222 ' Denver, Colorado 80222-4359 Phone: 303-757-5525 Fax: 303-757-8835 E-mail: bonnie@coloradoappraiser.net I I I I I I I City of F6rt Collins Purchasing IF_11111:4\ Bill I!,IzNMI SPECIFICATIONS AND CONTRACT DOCUMENTS Description of BID 7424: Appraisal Services OPENING DATE: 3:00 PM (Our Clock) September 7, 2012 Financial Services Purchasing Division 215 N. Mason St. 2"" Floor PO Box 580 Fort Collins, CO 80522 970.221.6775 970.221.6707 fcgov.com/Purchasing To all prospective bidders under the specifications and contract documents described above, the following changes/additions are hereby made and detailed in the following sections of this addendum: Exhibit 1 — Questions & Answers Please contact James B. O'Neill, FNIGP, CPPO at (970) 221-6779 with any questions regarding this addendum. RECEIPT OF THIS ADDENDUM MUST BE ACKNOWLEDGED BY A WRITTEN STATEMENT ENCLOSED WITH THE BID/QUOTE STATING THAT THIS ADDENDUM HAS BEEN RECEIVED. 1 Addendum 1 - Page 1 of 2 I I EXHIBIT 1 — QUESTIONS & ANSWERS ' 1. How many sample reports are required? One each of most complex partial taking report and a conservation easement report? Or are there more that are required? ' A. Asa minimum, we would like to see sample reports of a complex partial taking and a conservation easement; however, if a proposer has other reports covering other areas of appraisal work, it would be good to see a ' sample. 2. How many copies of each sample report are required? Five copies of the proposal ' submittal are required — does the City want five copies each of the appraisal reports, too? ' A. Please provide one sample of each. 3. Regarding the Respondent's estimates and awards in matters in which appraiser has testified as an expert appraisal witness, this information is rarely (never) ' provided and is not made available by the courts. Is it possible more specific information on this request could be provided? A. On page 4 of 30, strikeout the second sentence "include this information in a format showing your appraisal estimates of just compensation, the Respondent's appraisal estimates of just compensation and the settlement tawards." I 1 fl ' Addendum 1 - Page 2 of 2 1 I ' Appraiser Requirements • Sharon Rahn, Lisa A. Roberts, and Bonnie D. Roerig, MAI, all have many more years of successful appraisal experience in compliance, conformity and consistency with relevant parts of: the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, as amended (Uniform Act); 40 CFR Part 24.103 through 105; 23 CFR Part 710; § 38-1-101 et. Seq. C.R.S.; ' §24-56-101 et. Seq. C.R.S.; appropriate State laws, regulations, policies and procedures applicable to appraisal of right of way; and the Uniform Standards of Professional Appraisal Practice (USPAP), 2012-2013 ed. A significant portion of our work is also done in conformity ' with Federal Transit Authority regulations and guidelines. • All three appraisers have had decades of experience appraising property interests under the requirements of the Colorado Department of Transportation. • I have completed numerous eminent domain appraisals utilizing CDOT's complex partial take appraisal format. Many of my prior appraisal assignments have special complex issues such as ' damages to the remainder, uneconomic remainders ("R" parcels), affected owner improvements, on —premise signs, changes to access, parking and traffic patterns, drainage impacts, and changes in highest and best use as a result of the project's acquisition. I have been involved with this type of appraisal assignment for nearly 40 years as my primary business practice. I have appraised several rail corridors using the across —the —fence methodology and have completed appraisal analyses wherein the partial acquisition resulted in total damages to ' the residue which required support from the market provided in all three approaches to value. • Lisa A. Roberts and Bonnie D. Roerig, MAI, are on the CDOT approved appraiser list. Sharon Rahn performs appraisal assignments in conjunction with Bonnie Roerig, MAI, and does not individually sign and submit appraisal reports to the firm's eminent domain clients. • All three appraisers have had decades of experience with road right of way acquisition projects ' based on local, state, and federal practices and policies. All of the firm's appraisers have experience with Colorado Department of Transportation/Federal Highway Administration projects. I have been approved by CDOT for projects in this category since 1974. ' • 1 have many more years of successful appraisal review experience in compliance, conformity and consistency with relevant parts of: the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, as amended (Uniform Act); 40 CFR Part 24.103 through 105; 23 ' CFR Part 710; § 38-1-101 et. Seq. C.R.S.; §24-56-101 et. Seq. C.R.S.; appropriate State laws, regulations, policies and procedures applicable to appraisal of right of way; and the Uniform Standards of Professional Appraisal Practice (USPAP), 2012-2013 ed. ' • My most recent and current appraisal review experience has been for the past year as the Federal reviewer for Regional Transportation District's Gold Line and East Corridor portions of ' the FasTracks system. I have performed appraisal reviews as a contract reviewer for CDOT and have reviewed appraisals for Federally -funded projects for other clients, most recently for the Roaring Fork Transit Authority. All of these reviews are subject to either FHWA or FTA oversight and concurrence. • It is important to note that our appraisers have some, but not extensive, experience in the valuation of conservation easements. I am submitting a sample conservation easement ' appraisal done for IRS. • None of us has experience in or is qualified to appraise sand, gravel or severed water rights. ' 2 Bonnie lZoerig & associates, LLC Real Estate analysts -'Valuation Consultants I ' Litigation Experience As shown on my qualification summary, I have decades of litigation support experience relative to ' appraisal assignments for eminent domain purposes, both in Federal and in State District Courts. The jurisdictions in which I have been qualified as an expert witness in real property valuation are shown on the qualification summary. The summary shows the dates, number of times and matters in which I have ' been qualified for the past 10 years. Note that I was first accepted as an expert witness in real estate valuation in 1974. Neither Sharon Rahn nor Lisa A. Roberts has provided litigation support services to clients to this point. I, Bonnie D. Roerig, will personally perform the appraisal and be the sole signatory of the appraisal reports. ' Adequacy of Technical Support Our firm is fortunate to have a full-time IT manager, Mr. James P. Konzak. Mr. Konzak' s responsibilities ' include all hardware and software maintenance, management, upgrades, training, backup management, and computer capabilities and specifications. With Mr. Konzak' s leadership, the company was one of the first in Denver to routinely use cloud storage, adopt new versions of professional software including ' Windows, Office applications and the various technologies to assist the appraisers both in the office, in the field, and on the road. Mr. Konzak works with Ms. Agnew on report scheduling and production and he also assists the ' appraisers in technical research, graphic illustrations, report formatting, and final report preparation for submittal to the client. Thanks for Mr. Konzak, the firm has never experienced the catastrophic loss of client data or files due to ' a hardware failure without complete backups. In addition to assisting with report production, Ms. Agnew coordinates property inspections with the property owners, scheduling of report deliveries, invoicing and all other aspects of business management. ' Contact Information Mr. Konzak is the contact person relative to report submittals done in electronic form (PDF). ' Ms. Agnew is the contact person for issues in these areas. Mary is also the contact person for submittals of reports done in hard copy. Bonnie Roerig is the contact for all other matters relative to assignments under this contract. ' Our contact information is provided in the attachments. Timeframes for Delivery ' Appraisers can provide a variety of services to their clients including appraisals, appraisal reviews, and appraisal consulting assignments conveyed in self-contained, summary, restricted -use, and oral reports. ' The time frame for delivery of these various reports and services varies. Depending upon the service requested and the appraiser's experience and expertise, delivery could be orally over the telephone in a single call. The typical appraisal assignment for a total acquisition can be completed within two to three weeks of our receipt of authorization to proceed (work order). There is a need for a range in the delivery ' date estimate due to unknowns about the nature of the property to be appraised and its unique characteristics and the time that may elapse between our proposal for the services and receipt of the work order. The time frame is also dependent upon the number of appraisals assigned at a time and ' how much commonality there is among the assignments and reports to be prepared. These estimates are based on summary reports, provided in two or three hard copies and in PDF electronic format. ' 3 Bonnie Roerig & Associates,.EfC ReaCEstate .gnaCysts -'Valuation ConsuCtants I ' Completion of the final appraisal reports is also dependent upon the schedule of the technical reviewer if that is the process in the assignment. Review assignments depend on the number of reports to be reviewed submitted at any given time, the City's priorities, and the quality of the appraisal(s) to be reviewed. Typical time frame for a narrative review report is two to five work days. The scope of work for the appraisal review may or may not include preparation and certification (signature) of the Fair Market Value statement (FMV). Please note that in over 42 years of full—time appraisal practice, I have not been referred to, disciplined by, nor am I under current review by the Colorado Department of Regulatory Agencies or the Appraisal ' Institute for violations of the Uniform Standards of Professional Appraisal Practice. Please let me know if you have questions about this proposal or if you need additional information. Thank you so much for including us in this request for proposals. I look forward to the possibility of ' working with the City of Fort Collins on its various real estate projects. Sincerely, ( Bonnie D. Roerig, MAI (AI) ' Colorado Certified General Appraiser #CG01313395 BDR/ma ' Attachments d • Company history and experience relating to the services required by the City. • Resumes and summaries of professional qualifications of all personnel • Copies of appraiser certifications. • Course work history (shown on qualification summaries) • Litigation services history (provided with my professional qualification summary) • Professional references • Proposal Cost Sheet • Acknowledgement receipt of Addendum No. 1 • Sample complex appraisal report • Sample conservation easement appraisal report 4 Bonnie Roerig & .Associates, LLC ReaCEstate analysts - TaCuatian Consultants Bonnie Roerig & Associates, LLC ' Real Estate Analysts and Valuation Consultants Bonnie Roerig & Associates, LLC is a full —service real estate appraisal and value consultation firm that has been active in the Denver metropolitan area and throughout Colorado for over 42 years. ' The company presently consists of the owner, Bonnie D. Roerig, MAI (Designated Member — Appraisal Institute); associate appraisers and researchers; office administrator, and a full—time ' computer system/information technology manager. The firm has had a broad base of appraisal and appraisal review assignments, including services performed for various private clients and local, state and federal governmental entities, as well as quasi —governmental bodies. The scope of services provided includes valuations of income — producing properties for financing purposes, construction packages, eminent domain, value in ' use, special purpose properties, economic feasibility studies, and partnership or corporate needs. The firm is on the approved list of appraisers for many of the lending institutions in the Denver area as well as on the Colorado Department of Transportation's approved appraiser list. A representative listing of the firm's clients includes the municipalities of Arvada, Aurora, Colorado Springs, Commerce City, Denver, Englewood, Fort Collins, Lakewood, Littleton, Westminster, and Wheat Ridge; the City and County of Denver (Land Office and the New Airport Development Office); Englewood Downtown Development Authority; General Services ' Administration — Public Building Services; U.S. Forest Service; U.S. Postal Service; Urban Drainage and Flood Control; Colorado Department of Transportation, and quasi —governmental entities such as Public Service Company of Colorado (now Xcel Energy), the Platte River Power ' Authority, the Regional Transportation District. (See accompanying qualification sheets for a more detailed list of major clients). ' The company was involved in many of the properties that were acquired in part or in full by the City and County of Denver for development of the new Denver International Airport. The firm recently completed valuations for the Southeast Corridor. (T-Rex project) and is now under contract to provide review appraisals for Regional Transportation District's FasTracks project, in compliance with Federal (FTA) regulations and "Yellow Book" guidelines. The company has had extensive experience in the appraisal of properties for various governmental agencies including GSA, with particular focus on cost/benefit studies, fair rental studies, market and feasibility analyses. Bonnie Roerig & Associates, LLC provides extensive appraisal review and appraisal consulting services to a variety of private clients, including a private asset -based lender who relies exclusively on the firm in the lending process for multimillion dollar loans. ' The firm is located in the Centerra Building at the intersection of Interstate Highway 25 and South Colorado Boulevard in Denver. Bonnie Roerig & .Associates, ££C ReaCEstate Anayysts - VaCuation. Consultants ' Bonnie D. Roerig, MAI ' Bonnie Roerig is a native of Fort Collins, Colorado, was educated in the Jefferson County Public School system and earned a degree in Speech Arts from Colorado State University. Graduate work resulted in a Master of Arts Degree in the interdisciplinary field of Communications, with emphasis on Speech, ' English and Journalism. She entered the real estate appraisal profession in 1970 and has worked full—time since, principally in ' the Denver Metropolitan area, appraising a wide range of industrial, multi -family, and commercial real estate, development land, and income —producing property. She was awarded the MAI designation in 1981. Her affiliation with Baughar and Associates began in February 1975, and she became a full partner ' when Baughar-Roerig & Associates was formed in August 1982. She became sole owner of the firm upon the retirement of Earl R. Baughar, MAI, (now decd.) in January 1988. The company's appraisal assignments have pertained to eminent domain proceedings, mortgage loans, ' purchase or sale purposes, estate taxation, historic and preservation easements, and IRS needs. Ms. Roerig has been qualified as an expert witness in metropolitan County and District Courts since 1974. Most recently, a number of her assignments have involved appraisal reviews and consultation ' assignments. The company completed appraisals for the New Stapleton Airport Development office, subject to FAA conformity and in accordance with the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, and other assignments. Ms. Roerig is under contract to the Colorado ' Department of Transportation to provide appraisal and review appraisal services and is currently serving the Regional Transportation District federal reviewer for FasTracks. The firm completed appraisals for the Southeast Corridor (T-Rex) widening and light rail extension project. ' Ms. Roerig has been active in the Appraisal Institute since 1974, serving as Co —Chairman of the Candidate Guidance Committee and as Co —Chairman of the Admissions Committee (two—year term). ' She completed a three—year term on the Chapter Board of Directors and was the Chapter President in 1990. Ms. Roerig also served as chairman of the Ad Hoc Committee which affected unification of the three Colorado Chapters of the American Institute and the Society of Real Estate Appraisers. She is a member of the International Right -of -Way Association and was chapter President last year. She was just appointed to the International Valuation Committee as the Region 9 representative and is the committee's secretary for 2012-2013. Ms. Roerig began grading non-residential demonstration reports in 1984 and continues as a grader today. Ms. Roerig was the Chair of the Appraisal Institute's Appraisal Standards Committee from 2008 through 2011 and was a member of the Strategic Planning Committee in 2008 and 2009. I I 1 Ms. Roerig is an Appraisal Institute instructor for several courses along with Uniform Standards of Professional Appraisal Practice (USPAP). Ms. Roerig has been an Appraisal Foundation certified USPAP instructor, No. 10334, since 2003. She also teaches a number of Appraisal Institute seminars including the demonstration appraisal report seminar for which she recently served as course developer. Ms. Roerig was awarded the Distinguished Service Award in 1996 by the Colorado Chapter of the Appraisal Institute. In March 2005, Ms. Roerig became the first recipient of the Helen C. Peck/Frances Reisbeck Memorial Award of the Mile High Chapter of the International Right -of -Way Association. In 2007, Ms. Roerig was the recipient of the Vic Ramer Memorial Right of Way Professional of the Year Award. In 2009, Appraisal Institute President Jim Amorin presented Ms. Roerig the President's Award for lifetime achievement. Bonnie Roerig & Associates, LLC ReaCEstate .7naCysts --VaCuation Consultants Summary of Experience and Qualifications — Bonnie D. Roerig, MAI I d F 1. Memberships: Appraisal Institute: Designated MAI in November 1981 Executive Committee, 1995-1996 Board of Directors, 1995-1996 Finance Committee, 1995 National Planning Committee, 1994-1995 General Appraiser Board, 1992-1996; Vice —Chair 1994; Chair 1995 and 1996 Regional Member— Ethics Administration Division, Region II, 1992-1995 Assistant Regional Member —Ethics Administration Division, Region II, 1988-1992 General Demonstration Reports Subcommittee, Chair 2000-2002; Vice —Chair, 1999, Member 2003-04 Demonstration Appraisal Grading Panel — 2005-2012 General Admissions Committee, 2000-2002 Non —Residential Demonstration Reports Subcommittee — 1985-1990; Co —Vice Chair, 1987-1990 Board of Examiners —Appraisal Reports, 1987-1990 Instructor Subcommittee, 1998-1999 Qualifying Education Committee, 1999-2002; Vice —Chair, 1999 Appraisal Journal Editorial Subcommittee, 1999-2001; Chair and Editor —in —Chief, 2002-2003 Educational Publications Committee, 2002-2003 Region Finance Officer, Region II — 2005-2012 Member, Leadership Development and Nominating Committee, 2007 Chair, Appraisal Standards Committee, 2008-2011 Member, Strategic Planning Committee, 2008-2009 2009 Recipient, President's Award (for lifetime achievement) Colorado Chapter of the Appraisal Institute: Recipient of Distinguished Service Award, December 1996 President, 1990 Vice —President — President —Elect, 1989 Secretary —Treasurer, 1988 Board of Directors, 1985-1991 Co —Chairman, Admissions Committee, 1983-1984 International Right —of —Way Association, Mile Hi Chapter 6 Education Committee, 2002-2006 Recipient of Helen C. Peck/Frances Reisbeck Memorial Award, March 2005 Treasurer, 2007 Recipient of the Vic Ramer Memorial Right of Way Professional of the Year Award — 2007 Secretary, 2008 Vice —President, 2009 President, 2010-2011 International Director, 2011-2012 Educational Council of Appraisal Foundation Sponsors Examination Committee, 2004-2009 2. Business Affiliations: Owner, Bonnie Roerig & Associates, Real Estate Analysts and Value Consultants, since January 1988. Incorporated Bonnie Roerig & Associates, LLC in February 2003. Full Partner, Baughar—Roerig & Associates, August 1982 through December 1987. Full—time real estate appraisal work since 1970, Denver —Boulder area and throughout Colorado. 3. Experience: a) Appraisals throughout metropolitan Denver and in various locations in Colorado since 1970. b) Extensive commercial, industrial, office, and vacant land appraisal experience. c) Valuation studies and appraisals in conjunction with eminent domain proceedings since 1974. e) Qualified as expert witness in various District and County Courts and Federal Tax Court. f) Appraisal review and appraisal consultation. g) Fundamental market analysis studies. h) Instructor, Appraisal Institute, USPAP, ACO, and various seminars. i) Instructor and course developer, general demonstration report writing seminar, Appraisal Institute Bonnie Roerig & associates, LLC ReaCBState anaCysts - VaCuation ConsuCtants I 1 1 1 [1 j) Subject Matter Expert, Appraiser Qualifications Board, Appraisal Foundation k) AQB Certified USPAP Instructor (No. 10334), 2003—March 2014 I) Contract investigator for Colorado Board of Real Estate Appraisers, 2007 and 2011 m) Arbitrator, real estate assessments, Boulder County, Douglas County and Jefferson County n) Hearing Officer, Board of Equalization, Douglas and Boulder Counties, 2007-2011 o) Approved appraiser, Colorado Department of Transportation p) Federal review appraiser, Regional Transportation District 4. Education: a) Bachelor of Arts in Speech Arts, 1968 b) Master of Arts Degree in Communication Arts, 1971 c) Appraisal Institute/American Institute of Real Estate Appraisers: Course I —A, Basic Appraisal Principles — Methods and Techniques Course I—B, Capitalization —Theory and Techniques Course 310, Basic Income Capitalization Course 520, Highest & Best Use and Market Analysis Course 530, Advanced Sales Comparison and Cost Approaches Course 540, Report Writing and Valuation Analysis Course 705, Litigation Appraising, Specialized Topics and Applications Course IV, Condemnation Course VI, Investment Analysis Uniform Appraisal Standards for Federal Land Acquisitions Seminar ("Yellow Book") Appraisal Curriculum Overview, 2008 Litigation Appraising: Specialized Topics and Applications, 2010 The Appraiser as an Expert Witness: Preparation & Testimony, 2010 Advanced Spreadsheet Modeling for Valuation Applications, 2011 d) Continuing education requirements of the Appraisal Institute have been met. e) Colorado State General Certified Appraiser, No. CG01313395, continuing education current f) Concepts and Principles of USPAP, An Instructor's Application, The Appraisal Foundation, 2003 g) Appraising Conservation Easements and Case Studies, ASFMRA, 2005 h) Integrating Appraisal Standards, IRWA, 2005 i) Spreadsheet Modeling, Appraisal Institute 2011 j) Valuation of Environmentally Contaminated Real Estate, IRWA, 2012 5. Appraisal and Consulting Clients: Adams County Apple Computer, Inc. Arapahoe County City of Aurora City of Arvada City of Black Hawk City of Boulder City & County of Denver City of Colorado Springs City of Estes Park City of Englewood City of Fort Collins City of Lakewood City of Littleton City of Steamboat Springs City of Westminster Colorado Department of Transportation Colorado Housing Finance Authority ConocoPhillips Denver Public Schools Denver Urban Renewal Authority Denver Water Board E-470 Public Highway Authority Englewood Downtown Development Authority Federal Deposit Insurance Corporation Front Range Airport GSA— Public Building Services Guaranty Bank and Trust Co. Horan & McConaty Family Funeral Services Howard Electric Company Internal Revenue Service International Harvester Company International Paper Company Jefferson County KWAL Paints, Inc. Montegra Capital Resources, Ltd. Mountain States Bank Murphy Creek Metropolitan District Parker Water & Sanitation District Pioneer Centres Regional Transportation District Steele Street Bank & Trust Stewart Title Guaranty Co. U.S. Postal Service United Steel Workers of America Upland Industries Corporation Urban Drainage and Flood Control Vectra Bank Colorado, N.A. Various Private Clients Xcel Energy of Colorado Bonnie Roerig & .Associates, LLC ReaCEstate .AnaCysts - TaCuation ConsuCtants