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<br />Am.erican Appraisal Associates, Inc. <br />8833 Westmoreland Lake Drive, Cornelius, NC 28031 <br />direct 704 439 2515/ mobile 704 953 9780 <br />fax 704 439 0384 <br /> <br /> <br />Leaclif1fj ! Thinkinq ! Performing <br /> <br />American <br />Appraisal <br /> <br />October 3, 2007 <br /> <br />Mr. Doug Haag <br />Assistant City Manager/Finance <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br /> <br />Dear Mr. Haag: <br /> <br />This letter is to confirm your authorization for American Appraisal to appraise twenty (20) additional <br />land parcels plus additional buildings (see Attachment A), as part of the authorized appraisal for <br />GASB 34 compliance and insurance placement. <br /> <br />Our fee to perform these services will be $4,000. All other terms and conditions outlined in the <br />original contract agreement dated July 19, 2007, shall remain in force. Please note we will be unable <br />to deliver any conclusions. verbal or written. until we are in receipt of this acknowledgment. <br /> <br />Mr. Haag, you will be in invoiced once the additional properties and land parcels appraisal are <br />completed. You may wish to fax the signed Agreement in its entirety, to me at (414) 225-1908. <br />... <br />Thereafter, please forward the original to my assistant, DeeAnn Rakovich, at American Appraisal, <br />411 East Wisconsin Avenue, Suite 1900, Milwaukee, Wisconsin 53202. <br /> <br />~, \ <br />U'1~~ <br /> <br />i e, 100 <br />4,000 <br />\ '2, too <br /> <br />Or',q,\'\((\ Co~-\m.ct A~l)Uh.+ <br />t:..!ct ,tlOV\J <; E'v\iIO .f' <br />. ((.f\jIS~! eo"'1tTArt A~tJl.A~ <br /> <br />Lori Flemming <br />Director, Fixed Asset Management and Insurance Solutions <br /> <br />LFjdar <br /> <br />;;~;t:~:ord Ci~;:~ <br /> <br />Title: ~s; :s\s-to..'^-'\ C'1--) W\. a.V\.ct~eY <br />Phone: ~O:>. ,9~, tl/5 <br /> <br />&.~~~ 7 Ii ~~Jo~~-I- <br /> <br />E-mail: <br /> <br />Date: <br /> <br />c.c. P\'.l.rO'\o.s',V\<j <br />c..l (. \-"'- <br />L(.q&-\ <br /> <br />Valuation! Transaction Consult;n~l / neat Estate Advisory I Fixed Asset Management <br />