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S. Consultation with the City <br />To advise and consult with CITY and its legal counsel <br />regarding appraisal services performed and to be performed by <br />APPRAISER as related to the properties involved in this <br />agreement, at such time or times as may be mutually convenient <br />for the parties to this agreement, without additional charge to <br />CITY. APPRAISER shall initiate such consultations whenever <br />APPRAISER is in doubt as to whether an element of property. is <br />real or personal property or needs legal advice on any aspect of <br />the appraisals to be furnished under this agreement. There shall <br />be no charge by any party for such consultations. <br />E. CONTENTS OF APPRAISAL REPORTS <br />The appraisal report or reports to be furnished by APPRAISER <br />to CITY in accordance with this agreement shall contain certain <br />information and APPRAISER'S conclusions and opinions, together <br />with the data and analyses by which they were derived, as set <br />forth below. A separate report shall be submitted for each <br />parcel listed on "Exhibit All. However, if APPRAISER is to <br />appraise several parcels in the same general area, APPRAISER may <br />also prepare and submit a separate overall report and data volume <br />and use it as a data source and reference in the separate <br />appraisal reports on the individual parcels. The appraisal <br />report on each parcel shall consist of a cover sheet as provided <br />in Article I., E., 1., below, followed by a report furnishing <br />APPRAISERfS opinions and conclusions and the data and analyses on <br />which they are based. The appraisal report on each parcel shall <br />include the following: <br />1. Appraisal Summary <br />A cover sheet headed "Appraisal Report for (name of CITY)", <br />which may be a printed form, completed to provide the following: <br />a. Project name and number. <br />b. Date of the report. <br />C. Assessor parcel number, address of the property, and the <br />name of the owner or owners. <br />d. Date or dates of APPRAISER'S inspection of the property, <br />including the name of each owner or representative of an owner <br />who accompanied APPRAISER during his inspection and the interest <br />held in the property or representative capacity of each such <br />person. For each unrepresented owner, APPRAISER shall include in <br />the narrative portion of the appraisal report the evidence of <br />notification required by Article I., D., 2., of this agreement <br />and any further explanation deemed appropriate. <br />e. APPRAISER'S estimate of the fair market value of the <br />property. <br />-5- <br />