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HomeMy WebLinkAboutRESPONSE - RFP - 8605 APPRAISAL SERVICES (2)Real Estate Analysts Valuation Consultants Bonnie Roerig & Associates, LLC Bonnie D. Roerig, MAI, AI–GRS 1873 S. Bellaire Street Suite 1222 Denver, Colorado 80222–4359 Phone: 303–757–5525 E–mail: bonnie@coloradoappraiser.net x March 22, 2018 Financial Services Purchasing Division 215 N. Mason Street, 2nd Floor PO Box 580 Fort Collins, Colorado 80522 Attached is my proposal in response to the Request For Proposal 8605 Appraisal Services by the City of Fort Collins. In accordance with the documents provided in the RFP and as stated in the “Appraiser Requirements” under the Scope of Services, page 3 of the RFP, we affirm the following:  I have a minimum of five (5) years of successful appraisal experience in conformance with the Uniform Act and/or appraising property interests under the requirements of the Colorado Department of Transportation.  I am approved by the Colorado Department of Transportation and am included on the lists of Qualified Appraisers and Review Appraisers.  I have experience with right–of–way acquisition projects based on local, state, and federal practices and policies.  I have experience with the Colorado Department of Transportation/Federal Highway Administration projects.  I have experience with appraising property interests with the Federal Transit Authority projects.  I have experience preparing appraisals for preservation easements.  I have read, understand and accept all provisions relating to the proposed contract as contained in the RFP documents provided.  I have in force and agree to keep in force during the term of any Contract that might be awarded as a result of the RFP all Worker’s Compensation, Comprehensive General Liability, Automobile Liability, and Professional Liability insurance in the amounts specified in the RFP.  I have extensive experience in preparing appraisals and appraisal reviews in conformity with the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 as amended (Uniform Act), the Uniform Appraisal Standards for Federal Land Acquisitions (Yellow Book), Interagency Land Acquisition Conference, 12/2016, and the Uniform Standards of Professional Appraisal Practice, (USPAP).  I have been an Appraisal Foundation AQB Certified USPAP Instructor (No. 44729) since 2003.  I am a Colorado General Certified appraiser (No. CGO1313395). I have extensive experience in testifying in court or commission condemnation proceedings involving property valuation assignments as either the appraiser or the appraisal reviewer. I am experienced in providing litigation support in acquisition matters. Please feel free to contact me should you need additional information, clarification, or if you have questions concerning this proposal. Sincerely, Bonnie D. Roerig, MAI, AI–GRS Principal and Owner To comply with the Instructions to Consultants on page 4 of the RFP, the following is included in this proposal: a. Company history and experience relating to the services required by the City. 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 46+ years. The company presently consists of the owner, Bonnie D. Roerig, MAI, AI–GRS; associate appraisers and researchers; office and business manager, and a full–time computer system/information technology manager. The firm’s relevant experience was and is as an appraiser for municipal or governmental entities, quasi government agencies, and private property owners. The firm has undertaken 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, vacant land, and partnership or corporate needs. Bonnie Roerig & Associates, LLC is a Limited Liability Company. There are no partners or associates. Bonnie D. Roerig is president and owner. The tax status of the company is as a Sub–S Corporation. The firm’s location is in the Centerra building at the northeast quadrant of Interstate Highway 25 and Colorado Boulevard; 1873 S. Bellaire St., Suite 1222, Denver, CO 80222–4359. Our expertise is in valuation of all types of commercial properties for partial or total acquisition as appropriate when completed on behalf of an agency or private property owner. Appraisal review services are also a specialty of Bonnie Roerig, MAI, AI–GRS. The AI–GRS designation is the Appraisal Institute’s General Review Specialist designation conferred on those who have specialized education, experience and expertise in appraisal review. b. The name of the company representative responsible for coordinating with the City. Provide resumes of key personnel who will be providing appraisal services to the City. Principal 1. Bonnie D. Roerig, MAI, AI–GRS (see attached resume). By focusing on Colorado’s Front Range for more than the past 48 years, Bonnie has gained historical knowledge of the general market and background data affecting properties of all types. Ms. Roerig recently completed all appraisal assignments needed for the Bus Rapid Transit system in Ft. Collins. She has worked on a number of pipeline and road corridor projects. Much of the corridor valuation work has been done to “Yellow Book” and Uniform Act provisions and regulations. Ms. Roerig is the only member of the firm responsible for coordinating with the City Employees and Associates 2. Sharon Rahn, Associate Appraiser (see attached resume). Sharon began in real estate appraisal in 1985 as a staff appraiser with Empire Savings and Loan Association in Denver. Sharon became an associate appraiser with Bonnie Roerig & Associates, LLC in September 1994. Since that time, Sharon has participated and assisted with the firm’s complex assignments, including those for eminent domain and for other types of litigation. Sharon is a practicing affiliate of the Appraisal Institute. 3. Mary Agnew, office and business manager. Mary joined the team in May 1989 and is responsible for all aspects of office management, business management, and coordination for Bonnie and other staff members relative to property inspections, travel, and meetings. Mary is also responsible for accounts receivable, accounts payable, payroll, and company accounting. 4. James P. Konzak, IT manager. Following a 12–year career in the aerospace industry, Mr. Konzak joined Bonnie Roerig & Associates in September 1991 with full responsibilities for all technology used by the firm. Mr. Konzak custom–builds the firm’s desktop computers and does computer installation, configuration and set up, manages the hardware and software used by the company, trains the staff, and is responsible for all levels of backups including on–site, off–site, and cloud–based computing. Both Ms. Agnew and Mr. Konzak participate in report production as needed. 5. Lisa Roberts, Associate Appraiser. Ms. Roberts is a Colorado General Certified appraiser, capable of independent analysis and report preparation. Ms. Roberts maintains her own appraisal firm based in Grand Junction, Colorado. She is available to participate with Bonnie Roerig & Associates on an as–needed basis. Lisa is independently included on the CDOT approved appraiser list and is qualified to value property and property rights for partial or total acquisition consistent with applicable city, state and federal requirements as appropriate. Lisa and Bonnie Roerig & Associates, LLC have worked together on many appraisal projects for approximately 8 years including rail corridor assignments. All appraisal reports will be signed solely by Ms. Roerig acknowledging significant professional appraisal assistance of others as appropriate and necessary per USPAP. All appraisal reviews will be done solely by Ms. Roerig. Subconsultants will be assigned specific tasks in their relative related fields should that information be needed. It is not anticipated than any portion of the services under the RFP will be subcontracted with the exception of specialty subconsultants such as sign appraisers or personal property values. There is no anticipated markup to be applied to subconsultants fees. These fees would be a straight pass–through to the client and can be paid to the subconsultant directly or paid through the invoice for the assignment from Bonnie Roerig & Associates, LLC. Due to concerns of timeliness, direct payment of the subconsultant might be preferable. c. References from three or more organizations or municipalities, which have used your firm for appraisal services within the past three years., Include any experience with state and local governments. 1. Mr. Mark Pope, MAI Appraisal Program Manager Project Development – ROW Services Colorado Department of Transportation 4201 E. Arkansas Ave., 4th Floor Denver, Colorado 80222 303–757–9335 Appraisal and appraisal review Services provided for CDOT began in 1975 and continue to the present time Regional managers for whom appraisals and appraisal review services have been provided include : CDOT Region 1 ROW Mr. Dennis Blea, Ms. Nancy Terry, Mr. Allen Torrey 2000 South Holly Street Denver, Colorado 80222 303–512–5997 CDOT Region 4 ROW Ms. Nancy Bullock 10601 W 10th Street Greeley, Colorado 80634 970–350–2260 CDOT Region 2 ROW Ms. Nancy Hazlett 905 N Erie Avenue Pueblo, Colorado 81001 719–546–5410 2. Ms. Andrea Amonick Development Services/AURA Manager City of Aurora 15151 E. Alameda Parkway, #3200 Aurora, Colorado 80012 303–739–7129 Appraisal services Note: appraisal and appraisal review services have been completed for the City of Aurora for many decades. 3. Mr. Randall W. Sampson Senior Assistant City Attorney City of Arvada 8101 Ralston Road Arvada, Colorado 80002 720–898–7185 Appraisal services 4. Ms. Cheryl L. Diedrich, CPL Senior Agent, Right of Way and Permits Xcel Energy 1123 W. 3rd Avenue Denver, Colorado 80223 303–571–3116 Appraisal services, pipeline corridor 5. Ms. Renee A. Carmody Assistant city attorney Senior Litigator for the Municipal Operations Section City Attorney’s Office City and County of Denver renee.carmody@denvergov.org 720–913–3256 Appraisal and appraisal review, Iselo appraisal and litigation/testimony at trial. 6. Mr. Ian Cortez, PLS, RWA Right–of–Way Supervisor Public Works Adams County, Colorado 720–523–6835 Appraisal services, widening of York Street corridor, (2016–2017), currently appraising property for partial acquisition widening and improvement of Lowell Boulevard at RTD G–line crossing. 7. Ms. Susan Altes Manager of Real Property Planning and Development Regional Transportation District–FasTracks 1560 Broadway, Suite 650 Denver, Colorado 80202 303–299–2440 Appraisal and appraisal review assignments for RTD began in 1974 and continue to the present time. Most recent assignment involved two remnant properties for sale purposes following partial acquisition for A–line rail corridor, DUS to DIA. d. Show all course work taken by your key personnel in real property appraisals, legal and related fields. All course work taken by the principal and all key personnel is shown on the accompanying summaries of experience and qualifications. e. Information regarding the extent of previously provided “litigation services” provided by your key personnel including the number of cases that they have provided expert testimony with the past three years. This information is provided for Bonnie D. Roerig, MAI, AI–GRS in the accompanying summary of experience and qualifications. No other key personnel are qualified to provide testimony or any litigation services beyond participating in the valuation process. My experience with litigation testimony began with my first qualification as an expert witness in 1974. Since that time, I have testified on behalf of both agencies and property owners many times and I have been successful in building up my litigation support practice with regard to appraisal and appraisal review services. I have also been engaged to assist legal counsel in eminent domain matters including as a rebuttal witness and as litigation consultant. Outcomes of eminent domain litigation are not in the hands of the expert witnesses, but testimony given is relied upon by the trier of fact in making their determination of compensation for the property and/or property rights acquired. Toward that end, my experience has been generally positive. The balance of the information requested in this paragraph is confidential or not publicly available. f. Adequacy of firm to provide sufficient experienced technical and support personnel for the appraisal services to be provided under this proposal. Bonnie Roerig & Associates is fortunate to have a full–time, in–house Information Technology department, headed by Mr. James P. Konzak (see separate qualification summary for Mr. Konzak). The firm is also extremely fortunate to have Ms. Mary Agnew whose over 29 years of full–time experience as the office and business manager for Bonnie Roerig & Associates have provided her with the background knowledge to assist with and support all of the services provided by the firm. g. Estimated time to complete each appraisal once work order has been executed. Completion times typically are between 30 and 60 days depending on project requirements, however, the answer depends upon the nature of the property to be appraised, the nature of the property and/or property rights to be acquired, the availability of background information such as title commitments, final plans and legal descriptions and owner contact information. h. Your most recent cost breakout, on a per appraisal basis, for partial take appraisals and total take appraisals. Professional appraisal fees vary depending on project requirements, however, the answer depends upon the nature of the property to be appraised, the nature of the property and/or property rights to be acquired, the availability of background information such as title commitments, final plans and legal descriptions and owner contact information. Recent total appraisal fees have ranged from $2,500 to over $6,000 illustrating the impact of these and other factors of difference. Typically, partial acquisitions require more time, analysis, and expertise than total acquisitions, but more important is the question: what kind of property is involved? Where is it located? What are its unique characteristics such as floodplain/floodway, size, shape, zoning, and improvements? Bonnie Roerig & Associates, LLC develops individual fee estimates for each property in each project taking these factors into account, based on hourly billing rates for each member of the firm that will be involved in the assignment. If the project involves appraisal review, only Bonnie Roerig, MAI, AI–GRS is qualified to perform the assignment, i.e., all of the time will be billed at her hourly rate (see appraisal proposal cost sheet, p. 6 of the RFP). i. Provide an electronic copy of one (1) appraisal report performed by your key personnel of their most complex acquisition appraisal using the Colorado modified before and after rule. Please note that while all of the members of Bonnie Roerig & Associates, LLC participate to greater or lesser degrees in all of the firm’s projects, I am the sole party responsible for all assignment results. In response to the request of this RFP, two appraisals of complex assignments have been provided. One was completed on behalf of a condemning authority in 2011 and one was completed on behalf of a property owner more recently. Under the Uniform Standards of Professional Appraisal Practice (USPAP), the identity of the intended user cannot be allowed to affect development of the assignment results. It was thought that these two reports taken together would best represent the firm’s experience and capabilities. RFP 8605 Appraisal Services Page 6 of 40 E. PROPOSAL COST SHEET Supply the hourly rates for project team members: 1. Hourly personnel rates for project team members. a. Bonnie D. Roerig, MAI, AI-GRS: $320.00 b. Appraisal Associates: $210.00 c. Production/clerical: $165.00 2. Appraisal services hourly rate of pay – One specific rate of pay for the performance of all appraisal services except litigation services: $280.00 3. Litigation services hourly rate of pay – One specific rate of pay for the performance of all litigation services: $280.00 4. Breakout of reimbursable costs: (these are included in rates 2. And 3. Above). a. Items included in Nos. 2 and 3 above include mileage, typical office expenses including salaries, supplies and research materials such as subscriptions to data providers, professional membership dues and fees, and all other expenses involved in operation of a professional real estate appraisal firm. RFP 8605 Appraisal Services Page 8 of 40 G. VENDOR STATEMENT Vendor hereby acknowledges receipt of the City of Fort Collins Request for Proposal and acknowledges that it has reads and agrees to be fully bound by all of the terms, conditions and other provisions set forth in the RFP. Additionally, Vendor hereby makes the following representations to City: a. All of the statements and representations made in this proposal are true to the best of the Vendor’s knowledge and belief. b. Vendor commits that it is able to meet the terms provided in this proposal. c. This proposal is a firm and binding offer, for a period of 90 days from the date hereof. d. Vendor further agrees that the method of award is acceptable. e. Vendor also agrees to complete the proposed Agreement with the City of Fort Collins within 30 days of notice of award. f. If contract is not completed and signed within 30 days, City reserves the right to cancel and award to the next highest rated firm. g. Vendor acknowledges receipt of Addendum No. 1. Firm Name: Bonnie Roerig and Associates, LLC Physical Address: 1873 S. Bellaire Street, Suite 1222, Denver, Colorado 80222-4359 Remit to Address: 1873 S. Bellaire Street, Suite 1222, Denver, Colorado 80222-4359 Phone: 303-757-5525 Authorized Agent of Firm Name: Bonnie D. Roerig Signature of Authorized Agent: Primary Contact for Project: Bonnie D. Roerig Title: Principal and Owner Email Address: bonnie@coloradoappraiser.net Phone: 303-757-5525 Cell Phone: 303-903-2155 NOTE: VENDOR STATEMENT IS TO BE SIGNED & RETURNED WITH YOUR PROPOSAL 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 48 years. The company presently consists of the owner, Bonnie D. Roerig, MAI, AI–GRS; associate appraisers and researchers; office and business manager, and a full–time computer system/information technology manager. The firm has undertaken 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, vacant land, 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 and appraisal reviewer lists. 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 sheet 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 completed several 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, the Uniform Act, and “Yellow Book” guidelines. The firm is currently involved in valuation of a segment of Highway 550 between Durango and the Colorado/New Mexico state line for widening and improvement purposes. Appraisals for number of road other widening projects have been completed for CDOT through many years. The firm was engaged to provide appraisal services to the City of Ft. Collins for its Bus Rapid Transit (BRT) project which is now successfully completed and opened. 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. Recent assignments have involved pipeline corridors for Xcel Energy and for ConocoPhillips. Bonnie Roerig & Associates, LLC provides extensive appraisal and appraisal review 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. This client is currently extremely active in financing properties for legal marijuana grow, dispensary, and retail MMJ medical and recreational use in Colorado. The firm is located in the Centerra Building at the intersection of Interstate Highway 25 and South Colorado Boulevard in Denver. Bonnie Roerig & Associates, LLC is a Member of the National Federation of Independent Business (NFIB). Bonnie D. Roerig, MAI, AI–GRS 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 and the AI–GRS (General Review Specialist) in 2014. Bonnie is a Practicing Life Designated Member of the Appraisal Institute. 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 in 2010–2011. She was appointed to the International Valuation Community of Practice as the Region 9 representative and served as the community’s vice chair for 2013–2014, chair for 2014–2015, and is currently a member of the COP. Ms. Roerig began grading non–residential demonstration reports in 1984 and continues as a grader and Capstone facilitator. 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. Ms. Roerig was appointed to a two–year term beginning in 2018 to the Appraisal Institute’s Professional Guidance and Standards Committee. 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. 44729, 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. The governor of Colorado appointed Ms. Roerig to a three–year term on the state’s Board of Real Estate Appraisers in 2017. Bonnie Roerig & Associates, LLC is a Member of the National Federation of Independent Business (NFIB). Summary of Experience and Qualifications – Bonnie D. Roerig, MAI, AI–GRS 1. Memberships: Appraisal Institute: Designated MAI in November 1981; awarded Practicing Life Designated Membership status–2013 Designated AI–GRS (General Review Specialist) in March 2014 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 2003–2004 Demonstration Appraisal Grading Panel – 2005–2017 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 – 2005–2017 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) Member, Professional Guidance and Standards Committee, 2018–2019 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, Treasurer, 2007 Secretary, 2008 Vice–President, 2009, President, 2010–2011 International Director, 2011–2012 Recipient of Helen C. Peck/Frances Reisbeck Memorial Award, March 2005 Recipient of the Vic Ramer Memorial Right of Way Professional of the Year Award – 2007 Region 9 representative to Valuation Committee 2010–2018 Vice Chair, Valuation Community of Practice, 2013–2014 Chair, Valuation Community of Practice, 2014–2015; Member 2016–2018 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. Member, National Federation of Independent Business (NFIB) 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. g) Litigation consultation. h) Instructor, Appraisal Institute, USPAP, BPE, Review Theory–General and Review Theory– Case Studies; Capstone i) Instructor and course developer, general demonstration report writing seminar, Appraisal Institute j) Subject Matter Expert, Appraiser Qualifications Board, Appraisal Foundation l) 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 o) Approved appraiser/appraisal reviewer, Colorado Department of Transportation p) Federal review appraiser, Regional Transportation District, Roaring Fork Transportation Authority q) Member, development team Appraisal Institute General Review Designation courses r) Member, Colorado Board of Real Estate Appraisers, July 2017 through July 2020 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 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 (“Yellow Book”) Seminar Appraisal Curriculum Overview, 2008 Litigation Appraising: Specialized Topics and Applications, 2010 The Appraiser as an Expert Witness: Preparation & Testimony, 2010 d) Continuing education requirements of the Appraisal Institute have been met. e) Colorado State General Certified Appraiser, No. CG1313395, continuing education current; license expires 12–31–19 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 k) Review Theory–General, 2013 l) Review Case Studies—General, 2014 m) Uniform Appraisal Standards for Federal Land Acquisitions: Practical Applications (successful instructor audit, 2017) 5. Appraisal, Consulting, and Appraisal Review Clients: Adams County Apple, Inc. Arapahoe County CDH Associates, LLC 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 ConocoPhillips Denver Public Schools Denver Water Board E–470 Public Highway Authority Englewood Downtown Development Authority Federal Deposit Insurance Corporation Gelman & Norberg, LLC GSA – Public Building Services Bonnie Roerig & Associates, LLC 1873 S. Bellaire Street, Suite 1222 Denver, Colorado 80222 303-757-5525 Testimony and/or deposition record Bonnie D. Roerig, MAI, AI-GRS Date Client Case Name Jurisdiction Jan-00 RTD 19.427 acres owned by Denver Residential Deposition Jefferson County Dist. Inc., for acquisition for Park-n-Ride facility Testimony NS Ken Caryl Ave., ES Shaffer Pkwy. May-01 Kirby Ross Land Leased Fee Analysis, Royal Palace Deposition Denver District Hotel at 1565 Colo. Blvd., Denver Jul-01 Alvin Chua, Esq. Rent study for 605 Parfet St., Lakewood Testimony Jefferson County Dist. Tai-Dan Hsu, owner Nov-02 City of Aurora 1470 Emporia St., Aurora (City acquisition), Testimony Arapahoe County owned by Michael Deans Mar-03 Parker Water & 36 acres vacant land, Douglas County Deposition Douglas County Dist. Sanitation District owned by Anton & Sherry Johnson Apr-03 Parker Water & 55.72 acres vacant land, Douglas County Deposition Douglas County Dist. Sanitation District owned by Gwendolyn Mandel Jun-03 Parker Water & 55.72 acres vacant land, Douglas County Testimony Douglas County Dist. Sanitation District owned by Gwendolyn Mandel Aug-03 W. 72nd Ave. Boyer property, partial acquisition Deposition Jefferson County Dist. Extension 7240 Kipling Street Testimony Sep-03 T-Rex Haynes Mechanical Building Deposition Arapahoe County Greenwood Village Testimony Nov-03 T-Rex Koelbel Property, E. Yale Circle Deposition Denver District Total taking Testimony Feb-04 City of Arvada HK Newplan Property Deposition Jefferson County Dist. Mar-04 Arvada Plaza Shopping Center Testimony PE and TE acq./Rebuttal Nov-05 City of Black Hawk Yonkers & Tarbox Partial Acquisition Deposition Gilpin County Dist. Testimony 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. Oct-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 United States Tax Court May-13 1770 Sherman LLC 1770 Sherman LLC v. Commissioner of Internal Revenue Testimony United States Tax Court May-13 RTD RTD v. 4882 Smith Road Warehouse LLLP Deposition Denver District Dec-13 B & B, et al. FDIC v. B & B, et al. Deposition Denver District Dec-14 C & C of Denver C & C of Denver v. Feldman, et al. Deposition Denver District Aug-16 C & C of Denver C & C of Denver v. Iselo Investment Partners, LLC, et al Deposition Denver District Oct-16 C & C of Denver C & C of Denver v. Iselo Investment Partners, LLC, et al Testimony Denver District Nov-16 Adams County Adams County v. Cunningham Q-Tip Deposition Adams County District Jan-17 Adams County Adams County v. Cunningham Q-Tip Testimony Adams County District Nov-17 C & C of Denver Figura v. City and County of Denver Testimony Denver District Summary of Experience and Qualifications – Sharon Rahn 1. Memberships: Appraisal Institute: Practicing Affiliate 2. Business Affiliations: a) Associate Appraiser, Bonnie Roerig & Associates, LLC, September 1994 to present. b) Fee Appraiser, Majestic Appraisal Services, Inc. – Denver, Colorado, 1989 – 1994 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 3. 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 Appraising Historic Preservation Easements Business Practices and Ethics 7–Hour National USPAP Course f) Appraisal Institute Seminar Classes Green Buildings/Leeds Legal or Illegal – Drugs and Issues Affecting Real Property Oil, Gas & Fracking in Colorado and Property Values Valuation Challenges Appraising Properties in Resort & Mountain Communities Developer’s Perspective – Building Units for Rent vs. Units for Sale Dilemma g) University of Colorado – Boulder, Colorado Income Capitalization Commercial Case Studies h) American Society of Farm Managers and Rural Appraisers Appraising Conservation Easements & Case Studies Colorado State Certified General Appraiser, No. CG1313801 4. Experience: Extensive single–family and multi–family residential experience, background, education and expertise gained throughout my career. In the 24 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. QUALIFICATIONS SUMMARY ~ LISA A. ROBERTS PROFESSION FORMAL EDUCATION PROFESSIONAL AFFILIATIONS PROFESSIONAL COURSES Certified General Real Estate Appraiser Colorado State University, Ft. Collins, Colorado Community College of Denver, Westminster, Colorado Community College of Denver, Red Rocks, Golden, Colo Mesa State College, Grand Junction, Colorado University of Colorado, Boulder, Colorado Marylhurst University, Marylhurst, Oregon Colorado Mountain College, Glenwood Springs, Colorado Candidate for Designation with the Appraisal Institute; CDOT Approved for Eminent Domain; Professionally Affiliated with Bonnie D. Roerig and Associates; FHA Approved Appraiser, #COCG40014244 Registered Appraiser: Basic Appraisal Principles and Procedures – 1998 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, 2012 and 2014 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 Business Practices and Ethics – 2010, 2014 and 2015 Condemnation Appraisal; Principles and Applications – 2010 Vacant Land Present Worth – 2010 Condemnation Appraisal; Principles and Applications – 2010 Vacant Land Present Worth – 2010 Real Estate Finance Statistics & Valuation Modeling – 2013 General Appraiser Site Valuation and Cost Approach – 2013 General Appraiser Income Approach Part I – 2014 General Appraiser Market Analysis and Highest & Best Use – 2014 General Appraiser Report Writing and Case Studies – 2015 Advanced Income Capitalization – 2015 General Appraiser Income Approach Part II – 2015 Advanced Concepts and Case Studies – 2015 STATE LICENSE TYPES OF APPRAISAL EXPERIENCE LOCATIONS OF WORK COMPLETED Advanced Market Analysis and Highest & Best Use – 2016 Certified General Appraiser, Colorado #CG40014244 Commercial and industrial properties, single–family residences, small residential income properties, vacant land, mobile home parks, rural land, farms and ranches, private airports, hotels/motels. For financing purposes, estate valuation, eminent domain, portfolio valuation and feasibility analyses. Hearing and arbitration officer, property tax protests, Delta, Eagle, Garfield, Mesa and San Miguel Counties. Approved appraiser, Colorado Department of Transportation Colorado counties: Delta, Eagle, Garfield, Gunnison, LaPlata, Mesa, Montrose, Ouray, Rio Blanco, Routt, and San Miguel 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. 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). 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. Guaranty Bank and Trust Co. Hall and Evans, LLC Horan & McConaty Family Funeral Services IBM Internal Revenue Service Jefferson County Montegra Capital Resources, Ltd. Mountain States Bank Parker Water & Sanitation District Pioneer Centres Regional Transportation District Steele Street Bank & Trust U.S. Postal Service Upland Industries Corporation Urban Drainage and Flood Control Vectra Bank Colorado, N.A. Various Private Clients Xcel Energy k) AQB Certified USPAP Instructor (No. 44729), 2003–March 31, 2020