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DocuSign Envelope ID:59AB1B94-DE1A-40F5-B1 C1-040807F1EB50 <br /> GENERAL OVERVIEW: <br /> Orange County is currently engaged in their scheduled 2017 countywide revaluation. Due to the <br /> departure of an essential employee, Tax Administration is seeking additional support and <br /> assistance for approximately to provide the market value of 1,905 improved commercial and <br /> industrial parcels. <br /> SCOPE OF WORK OVERVIEW: <br /> It is understood that Orange County has identified approximately 1,905 improved commercial <br /> and industrial parcels that are in need of appraisal review and valuation support for their 2017 <br /> countywide revaluation project that is currently underway. Orange County has selected the <br /> improved parcels they view as needing review and additional valuation support. It is unknown <br /> the full valuation status of each parcel due to the resignation of a staff commercial appraiser. It <br /> is believed that general cost tables and depreciation schedules have been entered in the CAMA <br /> system (Patriot Properties) along with land/site values. The cost and land values have not been <br /> verified and are to be reviewed. It is also known that Orange County has contracted with a <br /> local appraisal firm (Analytical Consultants, Inc.) to conduct and complete an in-depth market <br /> study of the commercial markets and this data and analysis will be available to CCA and is to be <br /> incorporated in the valuation process. CCA will work in unison to obtain any/all relevant market <br /> data (sales, rents, income/expenses, building permit data, etc.) that is found necessary to <br /> develop multiple approaches to value and identify market trends. The market data gathered <br /> will be compiled, analyzed and used to develop and support an income and sales comparison <br /> approach to value for each assigned parcel. Our team has developed proprietary systems to <br /> assist in keeping our values consistent and equitable for each property type and market area. <br /> Orange County will provide Complete County Assessments with the following: <br /> -All relevant market data and information (sales, rents, income, etc.) that has been collected <br /> and obtained over the past few years. <br /> -All site/land valuations and building costs for each parcel *(parcel card data to be reflective of <br /> the 2017 revaluation) *(MS Excel format requested) <br /> -County to designate a single point of contact during the project to assist with any questions, <br /> concerns and requests. <br /> -Correct type and use for each parcel to be assessed. <br /> 3 � II:° wwwu <br />