CALIFORNIA PROPERTY SPECIALIST, INC. (CPSI) 1 - 2006

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10.4 Personal Property Inventory - Complete a Certified Personal Property Inventory, after completing a site inspection, review of fee and FF &E appraisal. Review, verify, and approve, with the assistance of the displace, the compilation of a certified personal property inventory. This Certified Inventory should be signed by the business owner and relocation agent. Upon the City concurrence, this information will be utilized to obtain commercial moving bids. 10.5 Replacement Site and Moving Assistance - Provide assistance in locating a suitable replacement site, obtain all moving bid estimates, assist relocatee in selecting a move option, select mover, prepare mover agreement, plan moves, monitor and oversee the move. Ensure all items in the inventory, thus the moving cost estimate, are actually moved. If items are not moved or not included in moving bid (items which require mitigation, items that cannot be moved to replacement site due to zoning, housing codes or other restrictions), prepare Abandonment Certification and deduct reasonable moving costs if necessary (See 10.6). 10.6 Determine Eligible Reestablishment Expenses - Determine expenses (e.g., improve- ments to the property, advertisement, unused license fees, increased operating costs) necessary and eligible as reestablishment expenses, not to exceed $10,000. Inspect the replacement property, obtain cost estimates, verify previous two years' expenses and income and project next two years to assess whether increased operating costs will exist, if necessary. Based on decisions of displacee and program guidelines, determine eligibility for reimbursement. Ensure all items in the estimate are actually reestablished. Photograph before and after improvements, review invoices and work performed. 10.7 Abandoned Property - If displacee decides not to relocate some personal property, verify that a bona fide attempt has been made to sell the items. Determine eligibility for direct loss payment and compute the amount of payment. Notify the City of any items to be abandoned and ensure those items are not included in the moving cost estimate. Prepare an Abandonment Certification and have the displacee sign waiving all rights in property abandoned. 10.8 Site Search Expenses - Determine eligibility for actual reasonable site search expenses not to exceed $1,000 under Title 25 compliance or $2,500 under federally funded projects. 10.9 City/Owner Liaison - Provide liaison duties between the City and business owners. 10.10 Contact Documentation - Thoroughly document all contacts with the business owner and /or their representative indicating attendees, time, and place of meetings. Documentation will include thorough diaries and copies of all correspondence and e- mails. Diaries should be updated immediately after each contact, if possible, and retained in the permanent relocation file. 11.0 ESCROW COORDINATION TASK NO. 11.1 Monitor Escrows - Coordinate with title companies and open escrows on all purchases. Monitor escrows, review all escrow documents, request funds from City and ensure that the City receives title insurance policies in the amount of the purchase cost of the land and improvements and clear title to all properties acquired. The Oversight Team will also provide multi - lingual (Spanish) services as needed for an efficient closing. 11.2 Partial Acquisitions - Special attention will be given on partial acquisitions, due to the difficultly in obtaining partial release documents on a timely basis. At the City's option, the Oversight Team will complete the entire escrow and work directly with the title company to obtain the necessary Title Policy. CP S I 9 of 20 Cvro�vi. Prertm Snn.nr, lt.