February 4, 1994$TATE•CERT. GEN. REAE
JACK CRAHAN, MAI
10000323
P. E. ROCKWELL, TREAS.
February 4, 1994
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
DANIEL K. DEIGHAN, MAI
00000244 2000S.E PORT ST. LUCIE BOULEVARD, SUITEA
L BURL WILSON, JB, MAI PORT ST. LUCIE, FLORIDA 34952
00000913 (407) 335 -1405 FAX 9(407) 335 -1423
REPLY TO:
PORT ST. LUCIE
900 EAST OCEAN BOULEVARD
STUART, FLORIDA 34994
(407) 335-1405
760 NORTH FEDERAL HIGHWAY
THE HOYT CENTER SUITE 201 A
NORTH PALM BEACH. FL 33400
(407)627 -5957
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. Field inspection identified additional required water system flow data. Due early to
mid January, only partially received.
2. Field inspection identified data discrepancies, especially water system dates, which
need clarification before finaling engineering estimates.
3. Emergency water line breaks, along with the limited availability of personnel and
equipment from the City, caused fewer samples to be obtained than requested.
Additional sample data that could be provided would assist the evaluation. City
personnel have promised to obtain these additional samples in the course of their
day -to -day business as they make repairs to the system.
4. Earlier correspondence indicated a concern regarding the appraisal's treatment of
supplies. Two (2) options were offered: (1.) Have the City furnish an
inventory(along with costs) of the system's supplies, or (2.) Have the City estimate
how many times the supply inventory turns over annually. No response to this
request has been received.
We have been promised the missing information and expect it soon. Clarification of the
age of the system components is currently being addressed, with resolution expected in
the near term. However, until these items are resolved, the appraisal must proceed at a
slower pace.
In my last letter regarding the status of the appraisal report, I outlined a number of items
slowing the project at that time. I am glad to report that these have (mainly) been resolved
and no longer impact the project. The last status report letter suggested a draft report
could be expected in February. Given the present status of the unresolved issues in the
foregoing, it is my estimation that the draft document cannot be completed before the
latter part of March 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 issues as they arise.
Sincerely,
DEIGHAN APPRAISAL ASSOCIATES, INC.
Jack Crahan, MAI
cc: 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 \TM402035.DOC
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