RFP-OR-2014-03 - Property Appraisal Services - City Well Field Project

Summary of Specifications:
The City of Cadillac is in the process of exploring sites for the future location of municipal drinking water wells to supplement the city’s existing municipal water system. Four sites have been identified for well field purposes. All sites are in private ownership and located within, or adjacent to, the city. 

Should the city acquire any of these sites for well field use it may do so utilizing funds obtained through the Drinking Water Revolving Fund (DWRF, Part 54 of P.A. 451, 1994) administered jointly by the Michigan Department of Environmental Quality and the Michigan Municipal Bond Authority. In compliance with DWRF requirements, the city requests proposals from qualified real estate appraisers to complete appraisals of the properties to determine the fair market value of each. 

In addition to conformity with industry standards for the preparation of real estate appraisals, all appraisals must be completed in compliance with the requirements of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 as amended, commonly known as the Uniform Act. (49 C.F.R. §24.103). Refer to Attachments B and C.