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EXHIBIT <br /> Analytical <br /> Consultants <br /> The Commercial Real Estate Professionals <br /> Proposal to Consult — Support of the Orange County 2025 Tax Assessment <br /> June 8 , 2023 <br /> Nancy Freeman , Tax Administrator <br /> Orange County Tax Administration <br /> 228 S . Churton Street <br /> P . O . Box 8181 <br /> Hillsborough , NC 27278 <br /> Ms . Freeman and Orange Tax Administration , <br /> I appreciate the opportunity to bid on behalf of Analytical Consultants , Inc . to support your 2025 Tax Assessment . <br /> This Proposal follows our successful RFP for this project and reflects that RFP and discussions with your selection <br /> committee about the details our proposal . Per your request, we have provided additional detail below and anticipate <br /> that this proposal will be used as an attachment to the County' s Services Agreement . Although we have attempted to <br /> lay out a reasonable format and timeline in this document, we acknowledge that the overall spirit of the agreement is <br /> that we will help the County to provide a fair and accurate Commercial Assessment and will continue to be receptive <br /> to the Tax Office ' s prioritization of their scheduling needs whenever possible . <br /> Our proposal is detailed below. <br /> Project Organization <br /> Analytical Consultants is a commercial appraisal firm located in Chapel Hill and has a very well -developed <br /> database of commercial property information specific to Orange County along with many years of <br /> experience in this market area . Therefore , our staff that will provide assistance for the 2025 Revaluation is <br /> fairly limited to a few key players who can accomplish the scope of work efficiently . <br /> Principal- in - Charge : Paul Snow, MAI . He will be involved in all aspects of the work product. In Phase IA <br /> and B and Phase III . As requested , he will review the Commercial Property Values created by the <br /> schedule of values . Following the assessment , Mr. Snow will help defend the assessments in Board <br /> Hearings and testimony in front of the Property Tax Commission as requested and provide appraisals . To <br /> summarize , he will be involved in supervision and performance of the entire work scope . <br /> Project Manager/Supervisor : Elizabeth Greganti . Like Mr . Snow, she will be involved in all aspects of the <br /> project providing work product or supervision . <br /> Key Personnel / Data Collection and Application : Andrius Sperauskas and Kristina Van Buskirk . These <br /> experienced appraisers will work with data collection ( Phase I and III ) . They may work on appraisals <br /> needed by the County . <br />