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Asset Works Appraisal!2 " July 10, 2012 Office of City Clerk City of South Miami South Miami City Hall 6130 Sunset Drive South Miami, FL 33143 RE., Professional PropeHy Insurance and GASB 34 Appraisal Services Proposal AsssetWorks Appraisal, Inc. is pleased to submit our comprehensive property appraisal proposal. The services being proposed focus on valuation, proof of loss, updating and risk assessment. We understand client satisfaction is our number one priority. All appraisal reports are certified and are in compliance with the reporting requirements set forth by the Uniform Standards of Professional Appraisal Practice ( "USPAP "). With our proven expertise and experience, we are uniquely qualified to provide property appraisals to achieve the goal of 1 accurate insurance placement and to act as a system for proof of loss substantiation in the event of a catastrophe. AssetWorks Appraisal has successfully completed property appraisal engagements for risk pools and public entities across the nation. In addition, AssetWorks, Inc. proposes to provide the City of South Miami with professional services to develop sufficient documentation to comply with GASB 34 asset management and depreciation requirements. AssetWorks. also proposes to provide the City of South Miami with replacement cost values for structures and fixed assets for insurance purposes. The undersigned will be your primary point of contact. If I can be of any assistance, please contact me directly at 800 - 876 -0363 or christopher .krier@assetworks.com. Respectfully submitted, Christopher Kher Regional Sales Director 101 Lakeside Park I Southampton PA 18966 1 21 5.354.1078 (v) 1215.354,1086 (f) I www.assetworks.com \ 2« +\? #>2, dM fr# # #»>\ #< d»>r=2?* +»#tvy= \tee «.: # is ¥l � Professional Property Insurance Appraisal Services Proposal for: The City of South Miami July 10, 2012 1 r air r 34 ' You can confidently select AssetWorks, Inc. as a partner to conduct Jersey City Public Schools' asset inventory appraisal service for the following reasons: • We have been in the business of property appraisals for 20 years and have the reputation of being the "best of class" provider. We are already a trusted partner with entities across the United States having used property appraisal services in years past. • AssetWorks Appraisal is the technology pioneer in property valuation. We have the most advanced system in the business (AssetMAXXrm) and offer a perpetuation capability that minimizes the cost of continuing property valuations. ® We have successfully provided property valuation and appraisal services for more than 5,000 entities across the United States, Europe, and Puerto Rico. AssetWORKS AssetWorks, Inc. is a wholly owned subsidiary of Constellation Software, Inc., an international provider of market leading software and services to industries across both the public and private sectors. The organization has more than 2,200 employees and is publicly traded on the TSX under the symbol CSU. CSI's 2011 consolidated revenues exceeded US $770 million. ASSetW RK 7 AssetWorks offers asset valuation solutions that embrace all aspects of capital asset and real property tracking, valuation and reporting. Our innovative solutions help organizations to vastly improve their property insurance and tracking programs, insurance and accounting compliancy, generate detailed and customized reports, and much more. Maintaining a strong presence in the Eastern Region, Assetworks has the experience, capacity and local presence to provide efficient and timely professional asset services. Page 2 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10, 2012 APPRAISAL We believe there are many benefits for selecting AssetWorks. We believe that our size and financial resources as well as our track record of quality in asset valuation provide the assurance you need to rely on us. Benefits Features of the AssetWorks Solution Confidence In Results • Shorter Study Period • Highly Reliable and Accurate Work • Proper Stewardship of Assets Guarantee of High Quality • All Work Reviewed • Will Correct Problems, If Any Occur • Minimized Rework High Value -Added Software • Reduces Costs— Allows Annual Asset Updating • Reduces Rogue Purchasing • Has Numerous Standard Reports • Training and Technical Assistance Strong Financial Partner • Strong Finances Support Guarantee of Quality • Can Have Confidence in Company Commitments —Not A Takeover Target Highly Qualified Appraisal Staff • ASA Certified • Experienced in Accounting and Insurance • Over 6,000 Engagements Completed Aggressive Quality Control • Corporate Philosophy — Quality First, Profitability Second • Regional Manager Charged with QC • Annual Client Survey AssetMAXX System • Perpetuation Capability • Tracks All Assets and Locations • Complies With GASS 34 • Standard and Ad Hoc Reports • Covers Buildings For Insurance Purposes Toronto Stock Exchange Company • High Integrity, Public Company • Open Books /Open Disclosure • In Business For 19 Years The core of our success is our dedicated and qualified personnel. Our asset services professional staff is comprised of consultants possessing backgrounds in a wide range of specialties, including architecture, engineering, construction estimating, accounting, real estate, Finance, and business management. Members of our staff maintain affiliations with various professional associations focusing on the American Society of Appraisers (ASA). AssetWorks has a unique combination of highly skilled professionals and cutting edge technology that allows us to assess, execute, and support each client's specific valuation requirements in a professional, timely, and cost effective manner. The increased reliance on modern information technology (versus manual processes) was a core component of the reengineering of our Asset Valuation Practice. AssetWorks has the information technology to enable the development of software applications built specifically to support asset valuation and management. Page 3 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10, 2012 APPRAISAL AssetWorks has 51 full -time employees, 11 regional offices, and 13 remote offices nationwide. The Southampton PA office is comprised of six full -time staff members including one partnership manager, two senior appraisers, two staff appraisers, and one office administrator. This provides many advantages to Camden City Public Schools due to its close proximity. If needed, additional staff members can be deployed at a moments notice to support the successful completion of the project. For the purposes of this engagement, AssetWorks will use only full -time employees — there will be no subcontractors. CONFIDENCE IN HIGH QUALITY AssetWorks has identified 'quality' as being the primary focus in all projects. Quality work results in a highly satisfied client and has been the basis of our success. Systems in place lead to shorter study periods, reliable data, minimized rework and a more useful reporting tool. The five stages of quality control include: • Project Design & Implementation Plan — Project Director • Daily Data Review — Project Manager • Finalized Data Review — Regional Manager • Preliminary Reports Review — Client • Data Integrity Review — ISG Processor Our aggressive quality control regime is led by a corporate philosophy of "Quality First, Profitability Second ". Annual client surveys along with the partnerships with long -term clients have taught that this is never to be overlooked. VALUE -ADDED SOFTWARE & TECHNOLOGY AssetWorks internally designed and built the AssetMaxx system, a web -based application enabling clients to track, access and maintain their asset/property data. Insurance and accounting reporting is made possible for the client through this system. Template reports and Ad Hoc reports provide for flexibility and a customized aspect to AssetMaxx. Annual perpetuation of data saves time and money for our clients and makes the annual reporting process a much simpler task. The increased reliance on modern information technology (versus manual processes) was a core component of the reengineering of our practice. It is important to have confidence in the commitments made to you and AssetWorks has the strength and stability to guarantee. Our group has been successful since 1989 performing the same services. This is a high integrity, public company that is a part of the Toronto Stock Exchange. Open books and open disclosure along with strong finances provide for an environment of quality, honesty and commitment. Page 4 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July '10,2012 APPRAISAL AssetWorks proposes the following appraisal team to the City of South Miami: Professional Affiliations American Society of Appraisers — Candidate Member USPAP — Uniform Standards of Professional Appraisal Practice Certification Marshall & Swift Trained Appraiser Property Focus Machinery & Technical Specialties Buildings & Structures Land & Improvements Valuations Focus Replacement Cost New Reproduction Cost New Fair Market Value Historical Costs for GASB 34/35 "I Project Manager Atlanta, Georgia Mr. Wilderspin is a staff appraiser with AssetWorks and has been serving our clients since 2006. His tenure at AssetWorks has included the planning, management, and execution of various insurance appraisal projects for risk pools, states, municipalities, county governments, and other public sector entities. Mr. Wilderspin possesses technical expertise in the procedures and methodologies used to value machinery and equipment, buildings and building services, infrastructure, land improvements, and land parcels. He possesses a practical knowledge and understanding of Generally Accepted Accounting Principles (GAAP); Government Accounting, Auditing, and Financial Reporting (GAAFR); Governmental Accounting Standards Board Statement 34 (GASB 34); and various other audit concerns related to capital asset reporting. Mr. Wilderspin is also experienced in providing insurance replacement and proof- of•loss information to our clients to assist in addressing their insurance reporting needs. A sampling of projects Mr. Wilderspin has managed or worked on includes: • South Carolina School Boards Insurance Trust,SC • State of Alabama, Division of Risk Management • City of Roswell, GA • Hall County Schools, GA • Henry County Schools, GA • Town of Mount Pleasant, SC • Waukegan Public Schools, IL • Alabama State Docks • Barefoot Bay Recreation District, FL ® City of Deerfield Beach, Fl- City of Greenacres, FL • City of Mount Dora, FL City of Polk City, FL • City of Wewahitchka, Fl- Sarasota County, FL • Village of Wellington, FL • Etc... Page 5 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10, 2012 APPRAISAL Professional Affiliations USPAP — Uniform Standards of Professional Appraisal Practice Certification Property Focus Machinery & Technical Specialties Buildings & Structures Land & Improvements Valuations Focus Replacement Cost New Reproduction Cost New Fair Market Value Historical Costs for GASB 34/35 Professional Affiliations USPAP — Uniform Standards of Professional Appraisal Practice Certification Property Focus Machinery & Technical Specialties Buildings & Structures Land & Improvements Valuations Focus Replacement Cost New Reproduction Cost New Fair Market Value Historical Costs for GASB 34/35 BENJAMIN BUCHHOLZ Appraisal Team Pittsburgh, PA Mr. Buchholz is a staff appraiser with AssetWorks and has been serving our clients since 2007. His tenure at AssetWorks has included the planning, management, and execution of insurance appraisal projects and asset inventory studies for states, risk pools, municipalities, county governments, and other public sector entities. Mr. Buchholz possesses technical expertise in the procedures and methodologies used to value machinery and equipment, buildings and building services, infrastructure, land improvements, and land parcels. He possesses a practical knowledge and understanding of Generally Accepted Accounting Principles (GAAP); Government Accounting, Auditing, and Financial Reporting (GAAFR); Governmental Accounting Standards Board Statement 34 (GASB 34); and various other audit concerns related to capital asset reporting. Mr. Wilderspin is also experienced in providing insurance replacement and proof -of -loss information to our clients to assist in addressing their insurance reporting needs. A sampling of projects Mr. Buchholz has managed or worked on includes: • South Carolina School Boards Insurance Trust, SC • State of Alabama, Division of Risk Management • Atlanta Public Schools, GA • Preferred Government Insurance Trust, FL • City of Atlantic Beach, FL • Muncie Community Schools, IN • Etc... CHRISTAIN GUTIERREZ Data and Report Processing Miami, FL Chris Gutierrez has been an integral part of the AssetWorks group since 2001. He is responsible for the management and oversight of the Information Services Group. These responsibilities include software project management, data processing, data conversions, appraisal report compilation, software development, software support, project planning, and quality control. Mr. Gutierrez also served as a staff appraiser for two years. As a staff appraiser, he possesses a practical knowledge and understanding of Generally Accepted Accounting Principles (GAAP); Government Accounting, Auditing, and Financial Reporting (GAAFR); Governmental Accounting Standards Board Statement 34 (GASB 34); and various other audit concerns related to capital asset reporting. Page 6 The scope of this project is focused on the inventory and valuation of owned - structures and contents. The resulting data will provide current insurable values, adequate proof -of -loss documentation and the basis for insurance premiums. Project 'Kickoff Meeting Our project team will hold a comprehensive project - planning meeting with your representatives in advance to the start of the fieldwork. We advise that members of the administrative staff or other directly involved personnel attend this meeting. Topics of discussion include confirmation of project scope and time frames, the physical appraisal schedule, accessibility to buildings, contact person at each building or location, and availability and use of original purchase records, assignment of database code numbers and associated descriptions for locations and buildings. This meeting lays the foundation for the methods and procedures used during the onsite Fieldwork. Project `Closeout' Meeting Upon completion of the on -site investigation, the AssetWorks project manager will conduct a final closeout meeting with your staff. The focus is to ensure that all sites and properties have been accounted for and to answer any questions that you might have. This is also the time at which your staff should ensure that they have transferred all client supplied data to the project manager. Later delivery of data could delay final report processing. AssetWorks' automated approach and depth of experienced staff qualify us to complete all phases of this project within the desired timeframe. Upon receipt of your authorization, AssetWorks will arrange a mutually agreeable schedule for the project planning meeting and our on -site inspection. With full cooperation from the City, AssetWorks will deliver reports for the initial appraisal by 90 days after start date. Page 7 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10, 2012 APPRAISAL "�; x. «rte• t! �.- -- i.♦ -,.` GENERAL BUILDINGS & STRUCTURES The buildings /structures subject to our survey will be carefully inspected and measured. Professional AssetWorks appraisers will independently calculate the square foot area of each building appraised through the review of "as- built" blueprints or physically measuring each building. Building photographs will be prepared for each structure to become part of our proof -of -loss documentation, in addition to assisting with the valuation efforts. A description for each building will be developed and recorded, depicting construction type and materials utilized. Prlrrrai). Construction, Occsipanq, Pr,otectlon, atzd Exflosure (COPE) data includes: a) Occupancy Type rin) Square Footage b) Construction/ISO Class • it) Number • • Updates i Condition q) HeafinglCooljnq Systems •• g) Roof Pitch �'� a) ElectricallPlumbing r, Z�F3 Fi,x. Roof Strapping 4 ..... 'M""""O Identify Exterior t 2 e ,: Additional k) Year Built w) CPS Coordinates t • Flood During the office valuation portion of the engagement, property exclusions (those items not typically covered by an insurance policy) will be segregated to properly report the site preparation and excavation, footings and foundations, and a portion of plumbing costs (below grade). Page 8 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10, 2012 APPRAISAL Construct ion/ISO Classifications In addition to the analysis of individual building components, construction classes will also be recorded. ISO classes 1 -6, as defined by the Commercial Fire Rating Schedule (CFRS) are defined in terms of the Marshall and Swift construction classes as follows: SPECIALIZED BUILDINGS & STRUCTURES Water /Sewer Treatment Facilities ISO Class M &S Class Description 7 D Frame /Combustible 2 C Joisted Masonry 3 S Noncombustible 4 C Masonry Noncombustible 5 A Modified Fire Resistive 6 B Fire Resistive AssetWorks' approach to valuing water /sewer treatment facilities are performed on an itemized building and /or process basis. The fieldwork should begin with a meeting between the project team and the plant manager or other delegate. The following is verified: • Available blueprints /site map /processing summary info • Plant accessibility and available working time • Chaperone requirements and other safety requirements Additional information on specific structures /equipment does not necessarily need to be discussed at the initial meeting but at minimum would be obtained prior to the conclusion of fieldwork. This would include: • Plant design capacity — measured in "million gallon capacity per day treated" MGD • Plant original construction date • Plant addition dates • Drawings for original and additional (architectural drawings) • Plant flow diagram (used to establish numbering scheme) • Any "contractors cost breakdowns" for construction (original or additions) • Area to work from and be able to utilize drawings Ideally, the plant walk- through will be done after the plan review since the availability of blueprints or other information will determine which structures need to be physically measured. The plans may also provide info on the construction classification and other building features and processing equipment. Process Piping (underground) is typically excluded from property schedules for insurance purposes, however, should the Client elect to include piping as an individual land improvement entry, we can comply. Page 9 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10, 2012 APPRAISAL Common processes and structures analyzed and included are: • Headworks (Influent Pump Station) • Clarifiers (Primary, Intermediate, Secondary) • Aeration Tanks /Ponds /Basins • Gravity Thickeners /Dewatering Buildings / Belt Presses • Digesters • Filters (Trickling, Biological, UV... etc.) • Sludge Drying Beds /Lagoons /Incinerators • Laboratories • Ozone Structures • Chlorine Contact Structures • Blower Buildings • Pump Stations / Equipment Galleries Historical Properties &Reproduction Cost Historical properties are addressed on two levels, starting with the identification of subject properties. This is to be completed by Swimming Pools kind as well as function. Specialty attributes are taken into consideration and valued in terms of reproduction as it relates to the subject building. The valuations for historical properties are often complex and may be performed by a senior valuations expert from data recorded onsite by our project team. Outdoor swimming pools are included in our onsite inspections and typically all in- ground concrete structures with pumps, filters, and chlorination equipment. If pools are included for insurance purposes, costing breakdowns will be discussed in order to determine what percentage used is 80% (the other 20% representing equipment). The equipment may be included in the cost of the pool or included in the content value of the building they are located. Large slides should be listed separately as additional features. Other types of pools include wave, diving and wading pools. Page 10 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10,:2012 APPRAISAL *Key details are recorded for theses specialty structures for valuations, as follows: • Electrical Substation Equipment • Substation Capacity • Circuit Breaker Quantity, Type, Capacity • Transformers, Quantity, Type, Capacity • Structures (Control, Dead -Man, Other) • Control Panel Details • Accessory Equipment Details • Reservoirs & Water Containment Structures • Type( concrete /steellabove- ground /in- ground) • Capacity • Construction Date & Cost • Pump Houses, Lift Stations, Wells, etc. • Structure type, size /depth, services, & features • Itemized equipment (type, capacity) MACHINERY, FURNITURE AND EQUIPMENT A detailed inspection and field inventory will be conducted at all buildings, identifying each asset by location, building and room. All assets included in our inventory and appraisal will be recorded and categorized by major account. This segregation of items will assist in reporting asset valuation totals for capital asset reporting formats. Our appraisers will utilize hand held computers equipped with laser scanners to document the required information for each asset where available: a. Asset Identification Number b. Description C. Quantity d. Acquisition Date e. Manufacturer I. I. Model g. Serial Number n. h. Asset Account I. Building j. Sitell-ocation k. Room /Sublocation Funding, Department and Program Source* m. Normal Useful Life Accumulated Depreciation *Fund, Dept and Program numbers will be included with the assistance of City of South Miami's personnel. AssetWorks' appraisers will apply bar code tags to each asset and enter the tag numbers along with all the corresponding asset information into the database. Tags will be applied in a consistent location on like items, enabling ease of future re- inventory. Page 11 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10, 2012 APPRAISAL Capital Assets — All assets with a specific original unit cost (see below) or more, and having an estimated useful life of one year or greater will be inventoried and identified individually and capitalized in the resulting reports and data. Only these assets will appear in the capitalized accounting reports. The following asset classifications will be included in all corresponding reports at the capitalization thresholds bellows: 1. Land at $1 and above 2. Land improvements at $25,000 and above 3. Buildings at $50,000 and above 4. Machinery and equipment, to include vehicles, at the threshold of $5,000 for GASB 34 purposes 5. Infrastructure at $250,000 and above 6. Intangible assets: $25,000 and above; 3 years life expectancy and above. Inventory and Valuation of Insurable Land Improvements / Property -in- the -Open (PITO) AssetWorks will individually identify and value various insurable land improvements at each of your locations. These assets include, but are not limited to signs, exterior lighting, fencing, flag poles, benches, trash receptacles, etc... AssetWorks can provide an individual value for each asset or an aggregate value per site with a brief description of the assets included. VALUATION OF BUILDING CONTENTS "MODELING APPROACH" (WHERE APPLICABLE) Content values will be included based on the "modeling approach" that was developed to meet the valuation needs of risk pools and public entities without the need for a detailed inventory. AssetWorks utilizes computer models of more than 100 building types and their contents based on data gathered from thousands of appraisals over the past several years. A field inspection of each building will be conducted in conjunction with the building inspection. We will estimate the value of contents in a particular building by taking the square foot equipment value of a like facility and applying it to the calculated area of the building. We can adjust the equipment value to account for variations above or below the average value of equipment present at each facility. The adjustments are made based on a physical walk- through of each building. The "modeling approach" is unique in that a reliable replacement cost estimate of a building's contents can be generated without performing a lengthy and costly inventory. RECORDING OF G.P.S. COORDINATES AssetWorks staff will record the G.P.S. coordinates at the front entrance for each building. The coordinates will be included in the final reports and data provided to the City. AssetWorks staff will also verify the correct street address for each structure appraised and assign the proper location number. Page 12 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami July 10, 2012 VALUE COMPARISONS t S` AssetWorks will provide the City with a "Value Comparison Report". This report will provide a comparison of any previous values with the new values estimated by AssetWorks. CLASSIFICATION OF FLOOD ZONES AssetWorks staff will research and identify the flood zone classification for each building appraised during the study. Flood zone classifications will be included in the final reports and data. VALUATION METHODOLOGY Our investigation of each property will follow generally accepted appraisal techniques and valuations in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP). This includes the use of various research sources to develop the cost conclusions for each building. Sources include price lists, trade journals, industry publications, technical and pricing subscription services, engineering manuals and inquiries with local contractors as well as direct cost research. It is an ongoing task to not only identify but continuously substantiate values. Multiple sources of value exist, but to rely on one can be dangerous as they all have positive points to pull from. Example sources of construction cost information include: • Direct cost information from recent projects • Inquiries with local contractors and architects • US Department of Labor — Bureau of Labor Statistics Marshall and Swift / Boeckh • RS Means Construction Cost Index • Reed Construction Data • Producer Price Index The offsite valuation portion of the project entails the research and calculations necessary to formulate replacement costs, reproduction costs, and insurance exclusions, defined as follows: Replacement Cost New is the amount required to reproduce property in like utility and function, in accordance with current market prices for materials, labor, equipment, contractor's overhead, profit and fees, but with no provisions for overtime or bonuses for labor and premiums for material or equipment, based upon replacing the entire property at one time. Page 13 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10, 2012 APPRAISAL Cost of Reproduction New (Historical Properties) may or may not be applicable for this project but if encountered, is the amount required to reproduce a duplicate or replica of the entire property at one time in like kind and materials, in accordance with current market prices for materials, labor and manufactured equipment, contractor's overhead, profit, and fees, but with no provisions for overtime, bonuses for labor, or premiums for material. Insurance Exclusion is a provision in an insurance contract describing property, or types of property, that are not covered by an insurance policy. Based upon a review of current District policy specifics, we can identify those items specifically excluded under terms of the policy. The insurance exclusion amount is deducted from replacement cost to arrive at an insurable value, specific to each structure. Insurable !Value is the Replacement Cost New less the Insurance Exclusions EA. pill l •` AssetWorks believes that clients retain our services with the expectation that AssetWorks staff, as paid professionals and consultants, will perform the necessary tasks in a high quality manner to successfully complete the project on time. We do, of course, view our clients as active participants and anticipate their assistance with the following: Pre- Project Planning and Announcement — AssetWorks will identify key items to have prepared for the project kickoff meeting. We ask that you prepare a memo for staff members to announce the project and give the general purpose and time frame. . Availability of Existing Building Records — AssetWorks will utilize existing records, as provided by the District. Blueprints, for example, can aid in calculating square foot area. Access to All Sites — AssetWorks appraisers will be granted access to all sites and buildings based on a mutually agreed upon appraisal schedule. Page 14 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10, 2012 APPRAISAL Our staff will record all tagged equipment assets (those with unit cost of $1,000 or more) in your buildings. Where an original tag exists, our staff will scan the asset and tie back its original cost, fund and acquired date information. New assets requiring tags will be recorded, tagged and added to our data, then valued for both accounting and insurance purposes (original cost and replacement cost). All minor equipment assets (i.e. chairs, tables, desks) will be re- inventoried to reflect current insurable values. Upon completion of the field re- inventory, AssetWorks will perform a computerized data match of the re- scanned data and the previous database and provide an exceptions report. Assets that match electronically will be reconciled to the old cost, date and fund information. Final reports will lake approximately 60 days from the date of project commencement. Annual Valuation Service Under this option, AssetWorks, Inc. provides an Excel spreadsheet to our clients, which is used for recording current year additions, disposals, & transfers. When completed, the Excel file is returned to AssetWorks for processing. Processing includes applying the changes to the master database, applying trend factors, and issuing updated final reports. Annual Update Service (Trending of Insurable Values) AssetWorks will apply detailed trend factors to the existing buildings for the purpose of updating each building's insurable values. The trend factors used are developed based on a variety of factors including the Consumer Price Index, the Marshall & Swift Valuation Guide, the Handy - Whitman Index, and the increase /decrease in the cost of materials, technology equipment advancement, etc. After the trending is complete, AssetWorks will provide a complete set of updated insurance reports. Assetmaxx Software — Asset Management Web Application Assetworks is pleased to offer ASSETMAXX, a web -based program allowing users to securely maintain, collect, and retrieve data over the World Wide Web. In addition to its capital asset tracking capabilities, ASSETMAXX also allows for the tracking and updating of real property assets for insurance reporting and insurance placement purposes, in a real time manner. ASSETMAXX is the most comprehensive and flexible asset management tool available in the property tracking industry. Page 15 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10, 2012 APPRAISAL Because ASSETMAXX is a web -based solution, it provides users with significant advantages over traditional client - server or stand -alone software: 0 With ASSETMAXX, users access the application via the Internet (Dial -up or Network) ASSETMAXX avoids the need for the large initial capital outlay generally associated with software purchases. Users "rent" the application and access it over the web, eliminating the added internal need for costly hardware and time consuming maintenance. + Application and data are housed on AssetWorks, Inc.'s hardware at the Assetworks, Inc. data center in Wayne, PA. This ensures that the system is always optimally configured. ASSETMAXX encompasses all areas of capital asset and real property tracking and reporting to include: Fast, Reliable and Easy Access to Data Secure Server Location and Administration Secure Authentication, Data Encryption and User Log for Accountability Supports Unlimited Number of Users Multiple Levels of Security and Access Permissions s Digital Photo Interface t� GASB 34 Compliant Features and Reports Both Standard and Ad Hoc Reporting Features fit Supports Multiple Depreciation Methods and Capitalization Levels Tracks Maintenance and Repair Histories Allows for Partial Disposals Multiple User Defined Fields (10 ea.) Dolphin Handheld Computer Interface (for adding new assets and conducting re- inventories) Data Import and Export Capabilities The ASSETMAXX pricing schedule is subscription based. Users pay an annual fixed fee, which provides them with access to their database. The fee includes: 0 24 Hour access to ASSETMAXX; All License and Maintenance Fees; Unlimited Help Desk Support 0 Automated Trending of Values (Annually) All System Maintenance (database administration, network maintenance, etc.) Page 16 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10, 2012 APPRAISAL, Try it yourself! Here's how to access the ASSETMAXX demo: Log onto the internet and go to http:tlwww.assetmaxx.com 0 Click on the !ink to the " ASSETMAXX Demo" (at the Security Alert click Yes or OK) Click on the link to register as a "New User ", fill out the required information, and click "Submit Request'. Remember your username and password! When you receive an e-mail confirming that your account has been created, you can go back to the site, log -in, and start working with live demo data. AssetWorks will supply all required technical expertise, Webex log in, and phone dial in information in order to complete a 1 time, 4 hour training session for the subscriber. Multiple users may participate if desired. A mutually agreeable training schedule will be determined upon the receipt of an executed agreement. Assetmaxx OnSite Training As appropriate, training sessions will cover the basics of system layout, setup, access, and security; data input, on -line review and verification, and editing; and ad hoc query and ad hoc and standard output report generation. AssetWorks, Inc. will provide all necessary training materials. We will also configure client workstations with ASSETMAXX and associated networking and security information. We will test each workstation for connectivity either to the AssetWorks, Inc. data center for key performance parameters such as response time, using a test database established for this purpose. Our budget for this task assumes that a client IT professional will be available during this time to answer any network issues that may arise. ASSETMAXX has numerous coding conventions that we will explain to appropriate staff. System settings are used to provide, restrict, or deny access to particular system features and to treat data entered into the system in various ways. In this task, we will review these features in order to establish system settings relating to security authorization levels, data collection rules, data coding schemes, etc. Page 17 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami July 10, 2012 i Our relevant client references are as follows: Tia " 1'1 City of Key West, FL Sandra Barroso P.O. Box 1409 Key West, FL 33041 -1409 305 - 809 -3811 sbarroso@ eyewestcity.com Scope: AssetWorks recently completed an appraisal of city -owned buildings in July of 2010. The fieldwork portion of the project was started on June 28, 2010 and preliminary reports were delivered on July 26, 2010. Charlotte County, FL Janine Hewitt 18500 Murdock Circle, Room 344 Port Charlotte, FL 33948 941 - 743 -1244 Janiiie.heritt@�lharlottefl.com Scope: AssetWorks successfully appraised all owned buildings in 2006. Since 2006, AssetWorks has provided the County with value trending services and on -site appraisals to updated values and conduct appraisals of newly constructed /acquired structures as recently as 2010. City of Sunrise, FL Bill Mason 4747 N. Nob Hill Road, Suite 6 Sunrise, FL 33351 954 - 572 -2496 b mason @ci tyofsun rise. orr Scope: AssetWorks successfully appraised all owned buildings in 2007 and has provided value update services through 2009. City of Lakeland, FL Karen Lukhaub 520 N. Lake Parker Avenue Lakeland, FL 33803 863- 834 -6799 Page 18 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10, 2012 APPRAISAL Karen.lukhaubta,lakelandgov. net Scope: AssetWorks successfully appraised all owned buildings in 2006. Since 2006, AssetWorks has provided the City with value trending services and on -site appraisals to updated values and conduct appraisals of newly constructed /acquired structures as recently as 2010. Preferred Government Insurance Trust (PGIT), FL Kurt Heyman 615 Crescent Executive Court, Suite 600 Lake Mary, FL 32746 321 -832 -1455 kheyman@p�tblicrisk.com Scope: Between 2008 and 2010, AssetWorks successfully completed a 3 phase appraisal project that included the appraisal of all PUT members. The appraisals consisted of over 8,000 individual appraisals for 274 members. AssetWorks standard terms and conditions are as follows. Upon award of the project, AssetWorks will work with the County to establish a mutually agreeable set of contract terms and conditions. 1) AssetWorks shall provide guidance to the City of South Miami in determining the data required for purposes of the contemplated services. The City of South Miami further agrees to provide all data specifically requested, including documentation and information to AssetWorks in a timely manner. AssetWorks shall assume without incurring liability therefore, that all data so provided is correct and complete. 2) In the event that the City of South Miami provides additional an /or corrected data, documentation and information at a later date, AssetWorks' efforts with respect to such additional and /or corrected data, documentation and information shall be deemed additional services and compensated in addition to the fees set forth herein based on applicable hours, professional fees and expenses. 3) The City of South Miami acknowledges project completion upon delivery of final reports. Final report delivery occurs only upon either acceptance of the preliminary reports data by the City of South Miami or upon the passing of the two- week (10 business days) period of time after preliminary report delivery, whichever comes first. 4) The fees proposed in this contract are valid for a period of 90 days. Page 19 Professional Property Insurance Appraisal Services Proposal for: The City of South AssetWORKS s July 10, 2012 APPRAISAL 5) To the extent a claim is not covered by the required insurance, each party agrees that each party's total liability for any and all damages whatsoever arising out of or in any way related to this Agreement from any cause, including but not limited to negligence, errors, omissions, strict liability, breach of contract or breach of warranty shall not, in the aggregate, exceed the total amount of this Agreement. To the extent a claim is covered by the required insurance, each party's total liability will be limited to the amount of required insurance. 6) City of South Miami and AssetWorks shall each retain ownership of, and all right, title and interest in and to, their respective pre- existing Intellectual Property, and no license therein, whether express or implied, is granted by this Agreement or as a result of the Services performed hereunder. To the extent the parties wish to grant to the other rights or interests in pre- existing Intellectual Property, separate license agreements on mutually acceptable terms will be executed. 7) AssetWorks, Inc. will specifically exclude the following assets types from our study: Intangible assets, easements, rights of way, records, drawings, software, fine arts, consumables, spare parts and property of third parties. Page 20 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami July 10, 2012 r r 1 ♦ 7 T s . a rLan CONFIRMATION OF INSURANCE NAMED INSURED mu at as r ro ryerma.' pnm ,pl,9C A,611 C.UU la10D Tn`CUPI <NU.I nxlOrtond. 0 *IOrC- ntv mo CONSTELLATION SOFTWARE INC. and ealmmeac Inc o- Ies acm'x. ASSETWORKS INC. INSURANCE COMPANIES AFFORDING COVERAGE 998 OLD EAGLE SCHOOL RD. cbu>ABY .._..._ _._........_..._.__. ......... WAYNE, PA 19067 A Zurich Insurance Company Ltd. fAV BAS!YaT AA) CQVGAYY. BROKER B L{berty Mutual Fire Insurance Company rn,IX @es(111r0A) COMV/JIY THE CG86 GROUP INC. C 120 SOUTH TOWN CENTRE BLVD. coNPANY MARKHAM. ON L6Gi C3 D cOYPANY E COVERAGES ThAlIt <vnlir lnzl tli vcloe v10.n. m'¢allsled te'cw Nrvn seal a lM i,,,P nnmW abewl In_p N,, n,vWd ,dirmpd . mYlrcahsl I! p nr readrnmem. tee >. or mn3f <o ol'i y tta 4aa or mno'tloc, men! mI th � N4ilvM1@. mdy bmSewfa O� n6ly psfi rn So- :T no aOrr'aea 4r Nene ,. a smevxe nolanr tx rr, -" "hF 3ubIVIX 19311 tlltr Igm55. aCtiSRR. Pntl Ecnµ[ana_ pl euIM TS ARE LIMITS ARE IN US, DOLLARS UNLESS INDICATED OTNERWIeE. LIMBS SHOWN MAY HAVE BEEN REDUCED BY PAID UNNIS TYPE OF INSURANCE CO POLICY NUMBER POLCY PbLICY UNITS Of LIABILITY LTfl EFEECTIVEOATE EXPIRATION DATE YVYV.WMND YYYYAAM100 COMMERCIAL GENERAL LIABILITY R NQ 11rsIxEN C , $ 1900 000 OCCU Nrciilos I A 8839016 20100927 20110927 Rq gnTRa A...rs A,r mtlua 510000,tlbb - PR C SAMPfd T£OO,YOFIttM1v S 1.D00.000 RGr.C..,cQAF iNiEPE6iS.- a4\M2tCJNiFNCI VN. t41PItIiY INtiriFtIGNSAG FtpA!E -IT' PF -101At N-'N1$ ,1111nYOP PERSPN PL INJ3RV rf fi�WiNOPUTAiT. r4NEPilalNG tiABiIRV X1iWY O11Gtt4'I£ TCNNIiS ICGAt LN34P.ITY i1pfMMOl1AM1T. WfGIiAL (N�rN$GF. 525Iptl }kArt BUM iM1 WrRnCC A,11 A'. W,b by 11,4` CGrtiilPl<Ikll G111140 Lk sM, Wvell O rr IN, FORTY Will tryY 4pA5ltlNO0 J6gFmpy In „ly[irt}y rvpl rV,,'wtM( Awn A A .... Pl 6n}' PIRG' NONAVlNED B HIRED AUTOMOBILE A 8839016 2010/03127 2011)09/27 $ 1,000.0001 EACa X,,.OUfIN Bc, LIABILITY UMBRELLA LIABILITY A 883670@ 2010!09/27 2011109/27 $ 4,000,000 tEF n C6RR['BOE an 1 G.^ul(GATE NOT APPLICABLE AND $10,DDOCOD r clrx+e LVrne PRDPESEIOYERR( 6434700 2010/09/27 2011!0912] iECNNOtoOY ERNORSAOMSGJONS A A rBIrAr.. rsa x x rsx R $ 500,000 oo.,B, NOT APPLICABLF. BROAD FORM PROPERTY BRO 8439017 $25000.DOD pr0`EF„YrMV rvx RY p A 201010327 201110927 INCIJDEO llul 111 S 11IX11 A LOSS PAYEE: WORKERSCOMPENSAN(i Ei- Oni TS OABIL ?Y VyCD6 %Y 1 %OAdZ OtU ULNi QDi D1D @'27 2D111D912] S 1.0D D'DDJ We ST YtWnS I -FACR 015EhSE' lr,1L01 E INCLtBFl Mn AlYFli 6F BRN"AT.. C9IJCY C,YF11 V.'IiCBC ftC Cp W'iTPNCnNTAAC( ' S*H XUTHDRIZED REPRESENTATIVE PRIM NAME DATE(YYYYBd.M DO) JULIE ROGERS 2014Je9127 AR 1')Ilrl m ;1 All Page 21 Professional Property Insurance Appraisal Services Proposal for: The City of South Miami AssetWORKS July 10, 2012 APPRAISAL 9. DELIVERABLES& SAMPLE REPORTS Preliminary electronic reports will be provided as well as hard -copy final reports. CERTIFICATION LETTER Certified appraisal reports are bound in an easy -to -read format. AssetWorks will provide a set of insurance summary and insurance detail reports. The certified appraisal report will include the Letter of Certification, which will: a) Identify the property appraised b) State the purpose of the appraisal c) Specify the appraisal dale d) Define the level of value sought and the premise of value employed e) Describe the nature of the property included in and excluded from the appraisal f) Discuss the appraisal investigation g) Indicate the factual data considered h) Present the conclusions of value i) Outline the qualifying and limiting conditions j) Include the signature of an authorized officer of the company Draft Summary and detail reports will be sent via email in .pdf format for review. Our clients have two weeks from the point of issuance to determine acceptability of the final data. Upon acceptance, AssetWorks will then prepare and deliver final reports in electronic and hard -copy format. FINAL REPORTS Insurance Summary Report — Summary of values by location, this report is provided in spreadsheet format and includes the following detail for each site: 1) Construction Classification 2) Property Description 3) Property Address 4) Year Built 5) Gross Square Footage 6) Schedule Summarizing Replacement Costs 7) Exclusion Amounts 8) Content Values Page 22 Property Appraisal Services Proposal for: The City of South Miami December 10, 2010 l r c�3 04 CUOS S3= BOEUinq[).14" CHk Atlrtess SAMPLE CRY.WA RISURAIICE SUMMARY BY BURDHIG Ywf ISO NDf.a sq. Cif, BtOR Clams Stairs Fo 1h RegaccnaR C.New ExckWan AH." Asot RglGxgfqR COeI Les3E.W. II M= Pegg: 1 OHAe Va Entigr: 00 SN LE CITY 1234 PUBLIC SAFETY LONE SAMPLE CITY, WA MRS Aao 5CV_oAMPIE inauranep 3vrmmary pX BU rbinp.iOV 4omparasen Ske 01 SA LE CRY HALL Skewlalfof03: A dc.o 1 133,003 18,621,W0 931,000 17,6SO,(= 4'S6,,$(O 190 2 1,300 121,7W 7,210 113,508 21,ETq anpe ELK GROVE, CA SS& N CONVENTION CENTER(PP44) 195 5 1 109,000 25,704,0%1 Ips0.W0 24,418,000 01 SAVIPUH CITYHALL(PP27) 1961 4 3 1[8,043 11,990'= B4W'W 11,150,=0 3,19,400 IM WEST DOWNTOWN AVENUE HIDDENCITY,OR 11111 SkeloLUfof Ok A Caa0 1 1=,000 25,704,=0 1.2%.(330 24,418,=0 4981,310 SH Mlllol M: Aa6Cruf4 2 110,643 12,110,]00 047,2= 11,263,SA1 3.251'= Ske 93 SAIWLE CITY PUBLIC SARETY BUIDIRG 02 SAMPLE BURN LAB AND DRILL TOWER (PP11) 1955 6 4 7,006 447,0= 26,6= 01 PUBLIC SAFETY BULDIN0(PP31) 190 5 3 133,003 10,621'= 93I,0W 17,690'= 4w,� 1234 PUBLIC SAFETY LONE SAMPLE CITY, WA MRS Aao 5CV_oAMPIE inauranep 3vrmmary pX BU rbinp.iOV 4omparasen Skewlalfof03: A dc.o 1 133,003 18,621,W0 931,000 17,6SO,(= 4'S6,,$(O Ske; 04 SAIWIX COMWIRIOH CENTER ea £mluaronaet SOV atD�tte tene.n anpe Ot CONVENTION CENTER(PP44) 195 5 1 109,000 25,704,0%1 Ips0.W0 24,418,000 4$61,3= 1234 CONVENTION CE LATER WAY SAMPLE CITY, MT MW tQt 'TV'WU. SkeloLUfof Ok A Caa0 1 1=,000 25,704,=0 1.2%.(330 24,418,=0 4981,310 Ske: 12 SAMPLE E&E ACADEMY WAINBIG SITE R4%W3 a 33ba 0 02 SAMPLE BURN LAB AND DRILL TOWER (PP11) 1955 6 4 7,006 447,0= 26,6= 421,200 0 20WWESTDAMDDRIVE SHERWOOD,WA 12345 ' Sk0loW fa it. A;Sd CDV01 7,000 447,000 2QBW 49,2W 0 Ske: 39 SAMPLE CEIIVAL U1BRMY i¢'i 12, 046P': Cort4ntt 01 SAMPLE LIERMY(PP33) 1973 6 3 59,422 7,131'= 49,000 6,632,000 5'0,800 94A9READABOOKBLW LIMA. TX 54321 p RE3BtVLNR She4oW(w 39: A dCart 1 $9,422 7,131'= 49,E 6,832,001 5p0,6W R.. t )�= Aao 5CV_oAMPIE inauranep 3vrmmary pX BU rbinp.iOV 4omparasen Pape r a rt t Rtosi �ry. ea £mluaronaet SOV atD�tte tene.n anpe +wa crtr orAVRORa �s, bOl HALL tQt 'TV'WU. 193 N9}REEr NE rp 4 - R4%W3 a 33ba 0 }+y0 iOb pP'.: Wx AnENrS.PaLL -E DEPn [xi'MEN'_p]UNCIL CaNMF2RSOP W'1�NWROYEMENiEP CONCRETE. 0.VEME+rt- Af2..F S }gip SHe Loral roe op[. 6ullO in4 i¢'i 12, 046P': Cort4ntt iC Oqp': p RE3BtVLNR AiErz'FAwKER ..'a` p- pP r 43 0 Rarua AMETER =at ia5- _NE�9HLeY.a = � cfs ±pp,000 Laal *_£R�ALa84^P[NOp wJa eePwCV£M.e�xArnP N:.r TREa�ME GENERATCC. c PsuEO oia=sL puck. TAVr:.�xrro PN�,�SrAn�. wA.N.Lmiv, ENCrHP w.eAaeEO wwE. _eeLP Ar ro H:aH- w.,v s+u terar rorbm. oona...a> -- na aTC p -e0 Opa tte. o PUBLC RESPR90M 09[ RESr'ap.'tMBVLDTG [r>4} gNDE£ fE T RPRA..H OH P]P5� P opany <ne Op +n irte em[ai eor 996: ', &83 .t I T ; Property Appraisal Services Proposal for: The City of South Miami December 10, 2010 Insurance Detail Report — Provides detail information on aper building basis. This report includes, but is not limited to the following: 1) Site Name 2) Building Name 3) Building Address 4) Occupancy and/or function of facility or building 5) Construction /ISO Classification 6) Year Built 7) Square Feet 8) Narrative Description 9) COPE Data (Primary & Secondary) 10) Replacement Cost New 11) Exclusion Amount 12) Content Value • 1•, 'rte N1170Xx Demonstration Risk Pod DEW Building Detail Report Edify: 001 SAMPLE RISK POOL IM See: 002 DEMONSTRATION ELEMEN IARY SCHOOL Building: 01 ELEMENTARY SCHOOL Services: Features: ZO ANY STREET BUILT4NS (CABINETS, LOCKERS. BOOKCASES) PLUMBING COVERED ENTRANCE WAY ANY CITY, US OOWO COVERED WALKWAY Depadment: 2008 2008 APPRAISAL EXTERIOR SECURITY LIGHTING Year Miff: 2000 Year Acquired: 2000 NW.0 Stories: i Square Footage: 91,539 BasemenC NO Adds /Renovations: NO Occupancy. SES SCHOOL - ELEMENTARY Frame Type: ST STEEL ISO Class: 4 MASONRY NON COMBUSTIBLE GPS Latitude: 34.57.867N GPS Longitude: 081.14.340W Flood Zone: X Fire Protection: INTRUSION SYSTEM FIRE ALARM - MANUAL FIRE ALARM - AUTOMATIC SPRINKLER SYSTEM (10(M) Emfor walls: DECORATIVE CONCRETE BLOCK, BRICK ON MASONRY Roofing: 90% METAL - MEDIUM PITCH, 10% MEMBRANE - FLAT IM Foundation: CONCRETE SLAB ON GROUND, CONCRETE FOOTING FOUNDATION Floor Finish: CARPETING, VINYL Ceiling Finish: ACOUSTICAL, DRYWALL Parthions: CONCRETE BLOCK DRYWALUSTUDS Services: Features: ELECTRICAL BUILT4NS (CABINETS, LOCKERS. BOOKCASES) PLUMBING COVERED ENTRANCE WAY HEATINGIAIR CONDITIONING (HEAT PUMP) COVERED WALKWAY UNIT HEATERS BACKUP GENERATOR AIR CONDITIONING - UNIT EXTERIOR SECURITY LIGHTING SECURITY CAMERA SYSTEM Notes: ROOF REPLACED - ZXA AVERAGE WALL HEIGHT =14' ROOF STRAPS -YES PERIMETER WALL LENGTH =2886 LF Page 24 Replacement Cost New: Exclusion Amount: Replacemed Cost less Excluslons: Contents Value: Property In The Open: Total insurable Replacement Cost: As of: Page Property Appraisal Services Proposal for: The City of South Miami December 10, 2010 lmi= M PROJECT FEES & AUTHORIZATION Please return a copy of this executed agreement to the attention of the undersigned via fax at 215.354.1086 and the original project fees page mailed back to this office. All professional fees outlined below are in US Dollars and include out -of- pocket expenses. The TOTAL investment is as follows: Asset Inventory and Valuation Services Initial Here Specified Capitalization Levels $15,500 104000=11W 2013 Reinventory Service $13,500 ASSETMAXX Software (1 User/ Per Year) $1,500 ASSETMAXX Software (3 Users / Per Year) $3,500 Webex Training $600 Assetmaxx Software Onsite Training (One Session /Plus Expenses) $1,100 Annual Valuation Service $1,500 RESPECTFULLY OFFERED BY: ACCEPTED BY: AssetWorks, Inc. City of South Miami /1? /�`iry.tpit Signature Christopher Krier Regional Director Name Title Date Page 25 Property Appraisal Services Proposal for: The City of South Miami December' 10, 2010 Page 26 Description Year Built Date Value at�l unit 9 _tiitg Total Irowured Value Address Date Contents Value -F—aPitch ConstType - Floor Shape Rc;F Roof covering Covering Replaced Roof Yr Bit Auto Inspection station 10/01/201 001 5907 S.W. 70th Street . . ........ ovStreet SOUTH MIAMI, FL 33143 10/01/2471 CAA near! Man center 10101J2010 $442,000 002 6121 SW 68TH ST - S447,40 SOUTH MIAMI, FL 33143 S5—,4B7 --- 'Public Wo-rk-s -0-fiTc-e-Ruilding W/Iri,2010 $197,G1 003 4795S.W.75thAvenur, T.- FT. 6*i- I ii�i - ' "' - ' - - 5264.316 SOUTH MIAMI, FL13143 $7,318 Mofo -STSP�d �- L OFF,CF ib(01l2040 $54 017 004 4795 S.W. 75th Avenue - -- -_ -" -- 554,00tl SOUTH MIAMI, L33143 S IWO11201 005 4795 S.W. 75th Avenue 101-Frame 10,0112011 $103.5010 SOUTH MIAMI, FL 33143 C 6UE iQ767 /20th 5454 500 r006 4795 S.W. 75th A erue S454,50( SOUTH MIAMI, FL 33143 1010112011 C REPAIR SHOP 0107 4795 S.W. 75th Avenue S17z'26) SOUTH MIAMI, FL 33143 F- - --------- ci 1 $59,2 i - - - - '-FfOIJ-1E MG KX Ioiollzolo — �t!�!oo DOS 4795S.W.75thAvernue $1819(X SOUTH MIAMI, I L 33143 10101/7011 5 -/ --D-A-K-TC8---FAS-CF—LL PARK TE4115—IRU SNOB -FV1-R6dM- 10(01/20t0 $7¢0600 009 W15 RED ROAD SOUTH MIAMI, F L 3314.1 -- DANTE 8 FASCELL PARK -2 W.M 10101/2410 j65,00 010 &600 RED ROAD _ST SCH-1111, MIAMI, FL 33143 10101/2011 ARK - 6 5 10101/2010 $123 Oil $123,50C Page 26 Property Appraisal Services Proposal for: The City of South Miami December 10, 2010 Page 27 Description Year [NdIt Eft. Date BuildnigValue Unit # . T.1.1 Insured Value Atkress e.n Dat � Contents Const Type Rod Shape Roof Pitch Roof Covering nq Replaced Roof Yr Bit TarE IS —FASCELL PAR EIDO 012 ' . ...... 8600 RED ROAD -1 $104,OX SOUTH MIAMI, FL 33143 101 `(Came 10/01/2911 DANTE 8 FASCRIL COMMUNITY STORAGE 10!01/2010 $63,000 013 8600 RED ROAD $63,OX SOUTH MIAMI, FL 23143 10(01/2011 /2011 TaR3- PAR V-PAVILION --(P-550 CONTENTS INCLUDE151-- 111101120111 31,0 W 014 6645 $W 81 STREET SOUTH MIAMI, PC IMAI 10101/2011 $31,W I—ING SUS 1=112011 $70,769 015 6445 SW 81 STREET $70,76� SOUTH A?,]M% FL 33143 1010112011 so --TANER- PARK --fi Eff- STORAGE BUJI.DI14G 10/01/201 $45,5W 116 6445 SW 81 STREET 152 NC to/0112,011 - - 1-1 - $45,50C so SOUTH MIAMI FL, 33143 PALMER PARK FOOTBALL STORAGE RUG 70701!2010 171,000 017 6701 SW 67TH AVENUE ----- ------ 119- M — --- --- TO10112011 $14,73� $45,730 SOUTH MIAM, Fl, 33143 PAUOLR PARK P00711ALL STORAGE ROOM. $ 3 3, 0 X 018 6701 SW 67TH AVENUE J.M-- ..___.... .._.......__..._....$1.9_5.0.. 1 SOUTH MIAMI, FL 33143 10/011 Oil 19,50 0 PALMER PARK FIELD HOUSE 10/011201 019 6701 SW 67TH AVENUE SOUTH MIAMI, 11. 33143 tol-0-1-12-01-1 $9,1471 IALMER �RIMPiAY�WND 10(01/2010 020 6701 SW 67TH AVENUE -1-d-1 .-Traanv -101011Z0111 $26,0% SOUTH MIAMI, FL 33143 PALMER PARK 14 PICNIC TABLES 10101/2010 $3 12 021 6701 5W 67TH AVENUE -1527-EFC 1 SOUFH MIAMI, FL 33143 ---F I L — PALMER PARK/ 3 EaQCRJLff— 10;01/2010 $7 022 6701 SW 67TH AVENUE 152' NC $78C SOUTH MIAMI, FL 33143 101017011 --- - ---- --- Page 27 Property Appraisal Services Proposal for: The City of South Miami December 10, 2010 Page 28 Description BuildirgYalue Unit _te Total lwed Value M,frv� conti Terre Date l ert`iovaftie —FENCE Conat Type - - ---- Roof Shape Roof Pitch ;;Tr[-GH Roof Covering Covering Replaced I RootYr Sit FAINLR PARK / IIU(J I f 10(0112010 023 6701 SW 6TTH AVENUE -- 1 -- _S1_3,CO $13,ODC SOUTH MIAMI, F633143 1 ji011 F261 1 $0 01 10 11 N 1010112010 024 670I SW 67TH AVENUE ii2` N"C SOUTH MU AB, FL 33143 10701!2011 $0 PA ER PARK - RESTROGM RLD $94 025 6701 SW 67TH AVENUE -------- WOE SOUTH WAMI, FL 33143 1010112011 s-ASR TA-K--CUH-CW$-4QN BLOC, 1010112010 $SQ,IXIO 026 6701 SW 67TH AVENUE SOUTH MIAMI, FIE 33141 $0 S54,00( bf ",c TP6UffSMffA7R5R 10/01/201 $ 027 6900 SW 59TH PLACE --- - $28,665 SOUTH INAMI, Fi. 33143 1010112GII ------ ----- BREWER PARK -2 RACQUff6XI COURTS 1 0101 /2 01 028 6300 SW 56TH STREET ______ 119 - -11M _ 10101/2011 $28,665 SOUTH MIAMI Fl- 33143 OL - ----- BREWERPARK - WZIJA5KET�LOUM ;2' 0161 ----- 029 63005W 56TH STREET --fj-§7-j��- im iz _ , , " $0 $13,00C SOUTH miANi, PL 33141 1 o7w So SIRTWUFMAR-K-09Y—GROUNI I AN V 10,11,2010 114,11-1 WO 6300 SW 561H STRICT $0 1 SOUTH MIAMI, FL. 33143 BREWER PARK -4 BENCHES iolul/zol I'S 031 63M SW 56711 STELE7 -1- -- ... -.. 1 $1,56C SOUTH MIAMI, FL 33143 10/0i/7011 BREWER PARK - 2 BBQ GRIL 1070112010 ME 6300 SW 56TH SI REET C . SOUTH MIAMI FL 33143 $ $ 111,c� BREWER PARK- 2 r ENN 0 10101/2.01" 033 630654156TH STREET I - "" - - - or $52,CU SOUTH MWI, FL 33143 S S Page 28 Property Appraisal Services Proposal for: The City of South Miami December 10, 2010 Page 29 Description Year !,ullt Date DuRdIng Value "!�I-D Total Insured Val. Address Tam Date Contents Value Cant Type - Roof Shape I R..f Pitch Rod Covering Covering Replaced TREW —PARK4wFF OF 377 H*m PENCE — t0101f2010 $7, 034 6300 SW 567H STREET 57,80C —,TT-- —T52 IIIUT14 MLOAA1, IL 11113 91WRTakR IC - I WT b ffirriRr ...... 101011201 035 6300 SW 56TH STREET 53,90C SOUTH MIAMI, FL 33143 10/01/2011 so T IAB- PICNIC . $ 036 630051V 56TH STREET SOUTH MIAMI, Fl, 33143 $ - — -------- MURRAY PARK / COMMUNITY CENTER 1010112010 5360, 037 6701 SW 58 PLACE III -MNC SOUTH MIAMI, Fl. 33143 10,01/2011 1 0101 /2 01 $220,1 039 6701 SW 58 PLACE $220.5 0C SOUTH MIAMI, FL. 33141 1=112011 — - ----- ---- OF ICE 1 !I 3UWSTATIONt 10/0112010 039 5975 SUNSET DRIVE W'Sor SOUTH IMAW, FL 33143 1010112011 CITY HA L T-P7U0CE 13/0112010 $3,470,00 040 6130 SUNSET DRIVE IF �-Ivflr - $3,865,472 SOUTH MIAMI, FL 33143 10101/2011 S395,4'7 SILVA MARTIN BLDG 10701 /2010 $-038, 041 6130 SUNSET DRIVE $194170f SOUTH MIAMI, FL 33143 $56,706 SOUTH MIAMI COMAI CENTER GYM 1010112010 $4, 160,000 042 5800 SW 66 STREET WE -M C S4,550,0 OC SOUTH MIAMI, FL 33143 10/01/2011 $390,000 SOUTH MIAMI PARK YMCA I POOL 10/011201 $195,000 043 430D SW 66 STREET .-T-1-0-- J, 19 1 -- --- - --- ---- ---- ---- $19510X SOUTH MIAMI, FL 33143 IM 'A 1010112071 $ o 1010112070 $1915 044 7220 sw 61sr COURT 701 -Frame $191500 SOMMDW, FL 33143 10!0112071 $ Page 29 Property Appraisal Services Proposal for: The City of South Miami December 10, 2010 Page 30 Dewiptign Year BUfit 11f. ?ate Building Yalm- Unit A Total fn�red Value Address Term Date eont.nfswh;e Const Type — -iC -- Roof Shape Rod Cove'Ing Covering Replaced nor it� MRSHALL VVILUAMSOTPAR 7 VAM02 10101120101. $65,0001 045 6121 SW 68 STREET $65,0CC SOUTH MIAMI, Fl. 33143 51 ro"""O $iziDi 046 6121 gv 68 STREET � '--�cl ---' $32,50 SOUTH MIAMI, Fl, 33141 ATAA RAIEUWIEWAGO15 10101(2014 $1 17D 047 6121 SW 68 STREET $1,17 f SOUTH MIAMI, Fl. 33143 folol/7011 -- -1.M—HALL WILLOMSON PARK I9 ➢ID411 T. LES to/011201 " 0 $3,120 048 6121 SW 68 STREET iq — - ------- - ------- SOUTH MIAMI, FL 33143 10/01/2011 5253,000 049 7600 SW 59TH AVENUE --- - $253,DD, SOUTH MIAM -- I ' FL 3343 TWITI 50 1 T ALL AMERICA PARK 13 PICNIC TAKES 10101/2014 050 6820 SW &4 AVENUE -- - -- - - $7,G4 SOUTH MIAW, FL 33143 1 GIRL SCOUT PROPER 10!61/2010 $13D,OOt 051 6609 SW 60 STREET 5130,OU SOM MIAMI, K 33143 101 Fram PA KING GARAGE 10/ lGI GIT $5,000,000 052 SW SETH COURT Et SW 73RD STREET if. $5,00,00( SOUTH MAN, FL 33143 --------------- 10161 /2011 TOY88 $17,899,194 1 - 7979-2 sla,948--qu Page 30