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October 22,1992-J C3 L u w U U W W 0 929 S.E. FIRST STREET POMPANO BEACH, FLORIDA 33060 (305) 782-3130 Dave Rivera County Manager Okeechobee County Courthouse Okeechobee, Florida 34972 PROFESSIONAL APPRAISERS OF REAL AND PERSONAL PROPERTY Dear Mr. Rivera: October 22, 1992 ALLIED APPRAISAL SERVICES, INC. In response to your telephone request, I am pleased to advise you that our firm is interested in providing professional appraisal services relative to the valuation of a sewerage and waste water treatment plant in the Okeechobee area. You have indicated a quick response and a general fee estimate is needed for your immediate planning purposes. I trust this letter will meet your needs in this regard, however, this should not be construed as a firm or fixed price quotation. In order for us to submit a firm quotation, we will have to further define your needs and objectives, discuss the scope of our services in greater detail and visit the utility property itself. In our opinion, an appropriate fee estimate for planning purposes is as follows: Market Value Appraisal 1. Treatment Facility $10,000 2. Facility Land Parcel 2,500 3. Sewerage and Waste Water 7,500 Collection and Distribution Network The above estimate represents an appraisal in which the significant buildings, structures and treatment facilities are valued in functional groupings or components while shop and office furniture and equipment would have greater detail in the appraisal. Our fees would vary somewhat depending on whether greater or lesser detail is desired by you. Total $20,000 MIAMI (305) 944-5708 WEST PALM BEACH (407) 659.3359 FAX (305) 942.7678 Mr. Dave Rivera ALLIED APPRAISAL SERVICES, INC. Our appraisal will be made by Florida State Certified Appraisers, Florida State Certified General Contractors and /or nationally designated machinery and equipment appraisers. I and our general contractor are recognized as experts in the valuation of buildings, structures, machinery and equipment by the Florida Department of Transportation and are frequently engaged in the valuation of business properties for Eminent Domain purposes. Our firm has been located in Pompano Beach since 1972. We have prepared appraisals for several Florida governmental units such as 1. Town of Hillsboro Beach Insurance Value Appraisal Town Water Plant Administrative Buildi and Equipment 2. City of Pahokee Inventory and Reconciliation of General Fund Assets 3. City of Sweetwater Insurance Appraisal City Hall City Parks I hope this letter responds to your immediate needs with reference to this matter. I will be pleased to discuss the matter in greater detail and to submit a firm proposal at your request. Respectfully submitted, Allied Appraisal Services, Inc. Gary 0 Maehl President