December 14, 1993DANLLL E. DIUCiAAN, MAI
1/10■144
L BURL WILSON. JR.. MAI
1/0000!13
P. E. ROCICWELI, TREAS.
December 14, 1993
Re: Utility System Appraisal
Assignment Status
Dear Dave:
DEIGHAN APPRAISAL ASSOCIATES, INC:
Mr. David Rivera, Finance Director
Okeechobee Board of County Commissioners
304 NW 2nd Street
Okeechobee, Florida 34972
REAL ESTATE ANALYSTS AND CONSULTANTS
2000 S.E PORT ST. LUCIE BOULEVARD, SUITEA
PORT ST. LUCK FLORIDA 34932
(407) 335 -1405 FAX 1(407) 333 -1423
REPLY TO:
PORT ST. LUCIE
!41 EAST OCEAN BOULEVARD
STUART, FLORID 341114
(417) 335.1413
741 NORTH ►IDtRAL HIGHWAY
THE HOYT CENTER SUITS 211 A
NORTH PALM BEACH, FL 33411
(417) 527 -557
As indicated in previous correspondence and conversations, this letter is to serve as notice
that the completion of the appraisal of the City of Okeechobee Water and Wastewater
Utility will be delayed beyond the time frame as set out in our agreement We have
previously discussed some of the reasons for the delay, however, I have listed them below
for easy reference:
1. Requested system plans /data were incomplete and unavailable until the last week
of October, 1993.
.Scheduling inspection of locations and dates were not finalized until November 30,
with a scheduled start date of December 8th.
3. Emergency water line breaks, along with the availability of only one backhoe from
the City, will more than likely cause the inspection schedule to be extended.
A City staff shortage has caused delay in returning comments on the draft asset list
submitted to the City the first week of November 1993 ,(the comments have been
promised for the week of December 13th).
Until the inspection of the utility is completed and an agreement is reached on what assets
are to be included in the assignment, the appraisal cannot proceed. The original work
schedule called for submittal of the draft appraisal document on or about December 15th.
Given the present status of the inspection and asset list delays noted above, it is my
Mr. Rivera
December 14,1993
Page Two
estimation that the draft document cannot be completed .before February 1994.. As
indicated in our recent conversation, our billing to date has reflected this slowdown in our
progress.
I will keep you up to date on any further changes in the inspections or the asset list status.
Sincerely,
DEIGHAN APPRAISAL ASSOCIATES, INC.
ack Crahan, MAI
Daniel K Deighan, MAI
L Burl Wilson, Jr., MAI
Chris Chinault
County Administrator
304 NW 2nd Street
Okeechobee, FL 34972
Charles W. Harvey, Chairman
304 NW 2nd Street
Okeechobee, FL 34972
Skip Harvey
Williams, Hatfield Stoner, Inc.
1948 SE Port St. Lucie Boulevard
Port St. Lucie, Florida 34952
John Drago
City Administrator
55 SE 3rd Avenue
Okeechobee, FL 34974
James Kirk, Mayor
55 SE 3rd Avenue
Okeechobee, FL 34974
JC \TM312282.DOC