Page 38 - _ 180314 Special Yucaipa GSA Packet
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Grant Agreement No. 46000XXXX
                                                                                                        Page 36 of 38

            c)  For leases, include significant information such as lessor/lessee, lease date and term, type of lease,
               rent and escalation, expenses, size of space leased, tenant improvement allowance, concessions, use
               restrictions, options, and confirming source.  When comparing improved sales to a vacant land subject,
               the contributory value of the improvements must be segregated from the land value.
        27. For appraisals of easements, a before and after analysis of the burden of the easement on the fee, with
            attention to how the easement affects highest and best use in the after condition. An Easement Valuation
            Matrix or generalized easement valuation references may be used ONLY as a reference for a secondary
            basis of value.
        28. For partial taking and easement appraisals, valuation of the remainder in the after condition and analysis
            and identification of any change in highest and best use or other characteristics in the after condition, to
            establish severance damages to the remainder in the after condition, and a discussion of special and
            general benefits, and cost to cure damages or construction contract work.
        29. There are occasions where properties involve water rights, minerals, or salable timber that require separate
            valuations. If an appraisal assignment includes water rights, minerals, or merchantable timber that requires
            separate valuation, the valuation of the water rights, minerals, or merchantable timber must be completed
            by a credentialed subject matter specialist.

        30. For partial taking and easement appraisals, presentation of the valuation in California partial taking
            acquisition required format.

        31. Implied dedication statement.
        32. Reconciliation and final value estimate.  Include analysis and comparison of the comparable sales to the
            subject, and explain and support conclusions reached.

        33. Discussion of any departures taken in the development of the appraisal.
        34. Signed Certification consistent with the language found in Uniform Standards of Professional Appraisal
            Practice.
        35. If applicable, in addition to the above, appraisals of telecommunication sites must also provide:
           a)  A discussion of market conditions and trends including identification of the relevant market, a discussion
              of supply and demand within the relevant market area and a discussion of the relevant market factors
              impacting demand for site acquisition and leasing within the relevant market area.
           b)  An analysis of other (ground and vault) leases comparable to subject property.  Factors to be discussed
              in the analysis include the latitude, longitude, type of tower, tower height, number of rack spaces,
              number of racks occupied, placement of racks, power source and adequacy, back-up power, vault and
              site improvements description and location on site, other utilities; access, and road maintenance costs.























                                  Yucaipa Groundwater Sustainability Agency - March 14, 2018 - Page 38 of 226
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