CTR054962_Contract_Amendment_Summary_1.pdf

ARIZONA DEPARTMENT OF TRANSPORTATION

1739 W. Jackson Street, MD 100P

Phoenix, AZ 85007 602.712.7211

Contract Amendment Summary CONTRACTOR: Appraisal Technology Inc AMENDMENT NO.: One (1)

DESCRIPTION: Real Estate Appraisal and Valuation Services, Statewide

Rev. 04/2020

Procurement

Pursuant to the Uniform Terms and Conditions, Section 5, Contract Changes, the above referenced contract is amended. Summary of changes is as follows:

1. ADDITION

The following persons are hereby added as Key Personnel:

Michael Turner

2. All other terms, conditions and provisions of this contract remain unchanged.

July 22, 2021

TO: Arizona Department of Transportation

Procurement

1739 W. Jackson Street, Suite A, MD 100P

Phoenix, AZ 8500716

ATTN: Ms. Sharon L. Tohtsoni

Senior Procurement Officer

RE: CTR054962 / Real Estate Appraisal and Valuation Services, Statewide

Dear Ms. Tohtsoni:

I’m writing to request that Michael Turner be added as an approved appraiser as part of Appraisal

Technology’s contract with ADOT. When our company filled out the information for the most recent contract, we had some confusion on how we could continue to operate as separate appraisers within one contract. We decided that just using one appraiser, myself, as the point of contact was the easiest solution to make sure we filled out our contract appropriately and didn’t get disqualified for some minor error. We have appraisers in our office with varying expertise and Michael Turner has been working directly with ADOT on differing projects than I have. In hindsight, omitting him was an error on our part. We now feel that it would be most appropriate for Michael Turner be added as an approved appraiser so that he may continue to be involved. I hope that you understand the need for this change/addition as it will benefit our working relationship with ADOT.

I have attached Mr. Turner’s Personnel Bio on the following pages.

Thank you, Sharon.

Sincerely, Zach Sinay, MAI, R/W-AC

Certified General Real Estate Appraiser No. 31199

480.285.3868 zsinay@atiaz.com

APPRAISAL TECHNOLOGY, INC.

220 South River Drive ❖ Tempe, Arizona 85281 ❖ (480) 446-9600 ❖ Fax: (480) 446-9615

Key Personnel Bio

Solicitation No: BPM001290 Available online at https://appstate.az.gov

The Offeror shall complete this form for each appraiser offered. The Offeror shall describe their professional qualifications, experience, current workload and availability for any resultant contract. The Offeror shall detail appraiser’s relevant work experience where they had a significant role that demonstrates the person's capability relevant to her/his proposed role in this contract. In addition, the Offeror may provide a brief resume for each person outlining their credentials and experience. Any resumes submitted are supplemental to this form and do not replace the requirement to complete the Key Personnel Bio.

Background

Name Michael Turner, MAI

Project Role Authorized Partner

Current Position with Company Partner Years in

Position 32 years

Availability / Current Workload I have the availability to take on more work. My current work load consists of 26 engagement letters/contracts that will be completed within 10 to 60 days.

Education Graduated from the University of Arizona in 1985 with a Bachelor of Arts, from the College of Liberal Arts and General Studies Major.

Professional Qualifications, Licenses, Certifications, etc.

Certified General Appraiser since 1991.

MAI designated member of the Appraisal Institute since 1994.

Relevant Work Experience

1.

Describe work experience and record of performance on past projects of similar type (Eminent Domain acquisitions, dispositions and appraisal review).

I have performed appraisal services for a variety of clients, including government entities, attorneys, financial institutions, title companies and private individuals. Government entities for which I have provided appraisals services include, City of Mesa, Town of Queen Creek, City of Phoenix and ADOT.

In addition to my expertise in acquisitoins for right of ways & condemnation service I have extensive experience completing valuation & appraisal, market studies, highest & best use analysis, financial modelin, economic & fiscal impact studies, litigation & expert witness testimony and estate & trust appraisal for many local financial institutions.

In the past five (5) years I have performed over two hundred appraisal valuations for use in eminent domain and full or partial acquisitions. Most of these acquisitions were successfully negotiated without litigation, a few went into litigation and were subsequently settled by negotiation. I have testified in order to show cause hearings and I’m qualified as an expert witness in Maricopa County Superior Court and the City of

Mesa. I have also assisted attorneys in other cases that have settled before trial.

Listed below is my litigation experience.

Listed below are just few eminent domain appraisals on behalf of governmental agencies that I have performed within the past few years.

Project: 01-434-001 - The purpose of this assignment was for 6 appraisal reports of the of the partial acquisition located at the intersection of Country Club Drive and Southern Avenue in Mesa, Arizona. The subjects of the appraisal consisted of ROW acquisitions. The purpose of the reports was to appraise the subject as a whole site.

Project: 01-817-001- This assignment was for 34 appraisal reports of the partial acquistion located along

Mesa Drive and Southern Avenue in Mesa. The pupose of the proposed ROW acquisition, public utility and facility eastement (PUFE), and temporary consturction easement. Severance damages and special benefits to the property were also considered.

Project: C01400-Mesa Drive Phase II- The purpose of this assignment was for 35 appraisal reports for the “As Is” makert value for the purposed Right of Way Acquistion and temporary consturction.

Project: ADOT18-194805- An appraisal report of the Total Right of Way acquisition of the vacant land. We were contracted directly by Arizona Department of Transportation.

Project: MG01104X- The purpose of this project was to determain the the prospective value of the subject propet assuming deomlition and renovation of the theatre into a Department of Motor Vehicles facility.

2.

Describe knowledge, technical skills and abilities to meet the contract requirements.

With over 32 years of real estate experience I’m very knowledgeable with total and partial acquisitions, right of ways, eminent domain, determining severance damages, cost to cure items and client relations.

There are five certified general appraisers and a support/research staff of five in my office. The staff consists of professionals that are well qualified in the inspection and analysis of real property. We have a complete system of Arizona real property data resources in our office. The sources include the assessor’s records, multiple listing services, CoStar Group, Real Quest, Zoning, Aerial data, FEMA Flood Maps and other miscellaneous sources of information. Because we have an extensive data resource, appraisers and support staff we do not require subcontractors.

My goal is to provide quality service for our clients and to produce a superior work product. Appraisal

Technology, LLC. utilizes all necessary research material and resources and maintain an extensive network

May-06 Arizona Department of Transporation Show Cause Hearing

Oct-06 City of Mesa Court Testimony

May-07 Arizona Department of Transporation Show Cause Hearing

Sep-08 Arizona Department of Transporation Order to Show Cause Hearing

Jan-09 The Canavest Group Court Testimony

Apr-11 First National Bank of Olathe Depostion/Court Testimony

Apr-11 First Community Bank Court Testimoney of contacts that cover the breadth of professionals in every aspect of real estate. We develop our reports to conform to the USPAP standards and the requirements of regulatory agencies, including but not limited to FHWA & Uniform Standard of Federal Land acquisition. We make it a standard practice to ensure that our assignments are completed and delivered within the promised time frame and special consideration is given to assignments that require expedited service.

3.

Describe education and training. How are the credentials, educational background, training, licenses, certifications, etc., relevant to the contract requirements.

I graduated from the University of Arizona with a bachelor of Arts, from the College of Liberal Arts and

General Studies Major. I obtained my MAI designation in 1994. I have taken continuing educations classes and seminars to maintain my certification and professional designation.

I have provided and assisted in valuation and advisory services related to a variety of litigation venues, including eminent domain, condemnation, bankruptcy and property tax issues. I’m very knowledgeable with total and partial acquisitions, right of ways, determining severance damages, cost to cure items and client relations. My experience makes me a prime candidate for the contract requirements.

Below on the continuing page are my qualifications.

QUALIFICATIONS OF MICHAEL TURNER, MAI

Certified General Real Estate Appraiser, No. 30420

FORMAL EDUCATION:

Graduated, University of Arizona, May 1985, Bachelor of Arts, from the College of Liberal Arts, General Studies Major

PROFESSIONAL EDUCATION:

AIREA Course 1A-1 Basic Valuation Procedures, Phoenix, Arizona, 1990.

AIREA Course Standards of Professional Practice, Phoenix, Arizona, 1990.

AIREA Course 1A-2 Basic Valuation Procedures, San Diego, California, 1990.

AIREA Course 1BA Capitalization Theory and Techniques, Part A, Phoenix, Arizona, 1990

AIREA Course 1BB Capitalization Theory and Techniques, Part B, Phoenix, Arizona, 1991

AIREA Course 2-2 Report Writing & Valuation Analysis, Phoenix, Arizona, 1992

AI Course Appraisal Training, Phoenix, Arizona 1994

AI Course The Internet and Appraising, Phoenix, Arizona 1997

AI Course Small Hotel/Motel Valuation, Phoenix, Arizona 1997

AI Course 1410 Standards of Professional Practice Part A, Fullerton, California 1997

AI Course 1430 Standards of Professional Practice Part C, Palm Springs, California 1998

AI Course 510 Advanced Income Capitalization, Seattle, Washington 2000

AI Course 720 Condemnation Appraising, Advanced Topic & Applications, Phoenix, AZ 2000

AZ School/AZ Board of Appraisal, General Contractors: Masonry & Wood Framing, Phoenix, AZ 2002

AZ School/AZ Board of Appraisal, Bankruptcy 101, Phoenix, Arizona 2002

AZ School/AZ Board of Appraisal, Uniform Standards of Professional Appraisal Practice, Phoenix, AZ 2002

AZ School/AZ Board of Appraisal, FHA Appraisal Requirements, Phoenix, Arizona 2002

AZ School/AZ Board of Appraisal, Land Planning & Zoning, Phoenix, Arizona 2002

AI Course 1410N National USPAP Course, San Diego, California 2003

AI Course 11420N Business Practices and Ethics, San Diego, California 2003

Arizona Water Law, August 2004

Foreclosures & Forfeitures, September 2004

Hewlett Packard 12 C Keystrokes & Concepts, February 2005

Appraisal Valuation & Current Economic Trends, February 2005

National USPAP Course, Appraisal Institute, July 2006

National USPAP Update, Foundation of Real Estate Appraisers, July 2006

Bankruptcy 101, Arizona School of Real Estate & Business, August 2006

Land Development 101, Arizona School of Real Estate & Business, August 2006

Supervising Appraisers in Arizona, June 2008

2008-9 National USPAP, August 2008

Technology for Today’s Appraisers, August 2008

The Cost Approach, August 2008

Private Appraisal Assignments, August 2008

On Line Business Practices and Ethics 2009 Version, October 2009

Made in America; Appraising Factory Built Housing, December 2009

Income Capitalization, December 2009

Even Odder – More Oddball Appraisals, December 2009

2010-11 National USPAP, September 2010

2010-11 National USPAP, August 2012

Appraising and Analyzing Industrial and Flex Buildings for Mortgage Underwriting, September 2012

Appraising and Analyzing Retail Shopping Centers for Mortgage Underwriting, September 2012

2-4 Family Finesse, September 2012

Fundamentals of Separating Real Property, Personal Property and Intangible Business Assets February 2013

2014-15 National USPAP, August 2014

Appraising Self-Storage Facilities, September 2014

On Line Business Practices and Ethics 2014 Version, September 2014

Supervising Appraisers, December 2014

Small Hotel/Motel Valuation, December 2014

Condemnation Summit XVII, April 2016

2016-17 National USPAP, August 2016

The Dirty Dozen, September 2016

A Review of Disciplinary Cases, April 2017

Appraisal of Assisted Living Facilities, April 2017

2018-19 National USPAP, August 2018

Basic Hotel Appraising – Limited Service Hotels, August 2018

Appraisal of Owner-Occupied Commercial Properties, August 2018

Business Practices and Ethics, March 2020

Divorce and Estate Appraisals; Elements of Non-Lender Work, March 2020

Land and Site Valuation, March 2020

The Cost Approach, March 2020

Appraisal of Fast Food Restaurants, March 2020

2021-2021 National USPAP, September 2020

PROFESSIONAL AFFILIATIONS:

Appraisal Institute of Real Estate Appraisers, M.A.I. "The Appraisal Institute conducts a voluntary program of continuing education for its designated members. MAIs and SRAs who meet the minimum standards of this program are awarded periodic educational certification. I am certified under this program."

EXPERIENCE:

Independent fee appraiser, McCormick Appraising, October 1985 - January 1990.

Independent fee appraiser, Western States Appraisal, August 1988 - January 1990.

Independent fee appraiser, Appraisal Technology, Inc., January 1990 - present.

SCOPE OF WORK:

Assignments have included valuation of:

Residential: Single and Multiple Family.

Commercial: Shopping centers; Retail; Office; Hotel/Motel; and Restaurant.

Industrial: Warehouse; Manufacturing; Distribution; and Automotive.

Vacant: All types.

4.

Describe level of knowledge, familiarity, and experience with Federal, State, and industry standards.

I have completed over 2,000 +/- appraisal reports within the Maricopa County region and an additional of

700+/- in Pima County and the 13 remaining counties in Arizona within the past 10 years. I have lived in and worked in Maricopa County for the last 45 years. I’m very familiar with the real estate market of

Arizona. I have completed appraisal assignments for the purpose of acquisition or disposition of real estate parcels, property acquisition as well as right of way and property leases, all property types; vacant land, all types of commercial, industrial and residential projects.

We develop our reports to conform to the USPAP standards and the requirements of regulatory agencies, including but not limited to FHWA and Uniform Standard of Federal Land acquisitions.