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HomeMy WebLinkAbout1997-09-09 - AGENDA REPORTS - AWARD OF CONTRACT (2)AGENDA REPORT City Manager Appro*v Item to be presented by: Steve Stark CONSENT CALENDAR DATE: September 9. 1997 SUBJECT: AWARD OF CONTRACT TO PROVIDE FDMD ASSET INVENTORY AND VALUATION SERVICES DEPARTMENT: Administrative Services The City recently issued a request for proposal for fixed asset inventory and valuation services. The services requested include conducting a physical inventory of virtually all the City's tangible assets, valuing and tagging the assets, and providing comprehensive reports, records, and manuals that will assist the City in maintaining an effective fixed asset tracking program for both accounting and insurance purposes . Because the City has, over the years, invested a substantial amount in fixed assets, staff strongly believes that an inventory project such as this is needed in order to adequately protect this investment. Fifteen (15) RFP's were sent to various companies known to specialize in fixed asset inventory and valuation. Five companies, American Appraisal Associates, Marshall & Stevens, Inc., Valuation Resource Management, Bar[Scan, Inc., and Asset Valuation Services submitted proposals. The proposals were evaluated based on criteria set forth in the RFP using an objective scoring system. City staff then conducted in-person interviews with representatives from the top three companies that had ranked highest in the initial evaluation. Based on all criteria, it was determined that Asset Valuation Service offered the highest quality service at a reasonable price. The total contract amount for this project is estimated to be $24,000. Funds in the amount of $14,000 are currently available in the Finance Contractual Services account (2200-8001). The remaining $10,000 is being requested as part of the continuing appropriations request that Council will be considering at this meeting. Continued To:,14&1j:,I�� Agenda Item: —CL N� RECOMMENDATION City Council award the contract for fixed asset inventory'and valuation services to Asset Valuation Services, Inc. for an amount not to exceed $24,000. 2. City Council authorize the City Manager or his designee to execute and sign all documents, subject to City Attorney approval. ATTACHMENTS Asset Valuation Services, Inc. Proposal (Located in City Clerk's Office Reading File) sAfin\apriI\rfp-fa\agenda.wpd PROPOSAL SURWITAL SUMMARY .The undersign declares that he or she is thoroughly familiar wich the proposal's content; is authorized to represent the pro -posing firm; and hereby agrees EO perform (he specified work for the following cost quoted in full: rnst AnLc2mm=rA � Physical On -Site asset inventory' __$_I 5 � 6 0 0 - 0 0 (including historical and replacernent values, property lo�ation by department and/or division). Bar coding System t6 replace current $ 5,130.00 tag&& procedure and necessary equipment 1 to maintain such a system. ?fanagement system by which Ci ry $ 1,750.00 rnmoriael will'be able to track and report bri all fixed asset irdbrmation. C omputer link to current City computer !to $ 1,500.00 am to successftlly complete llrepQrting ctions. PQ' SOTALES COST: $23,980.00 LrnaN2L, Name and Ad res-: Services, Inc. =WsetValuation 119625 68th Ave. W. #104 A 98036 IPI Person: Vaaq� Phone Number. Fax Number: (425)712—q3Iq (425)712— Date: 6 Cluita—UP for Fixed AwA Inyeawry =d Valundozi—May 19,1997 9 �, 1_�, , V, 10 ASSET VALUATION SERVICES, INC. Appraisal & Valuation Consulting Services June 18, 1997 CirrY OF SANTA CLARITA 23920.Valencia Blvd. Suite 300 City of Santa Clarita, California 91355 ASSET VALUATION SERVICES, INC. —� Per Vaaga (206) 364-6624 I Appraisal& Valuation Consulting Services P.O. Box 5154 - Lynnwood, WA 98046-5154 Re: Proposal For Fixed Asset Inventory and Appraisal Services Asset Valuation Services, Inc. appreciates the invitation to submit our proposal for inventory and appraisal services to the City of Santa Clarita. Our proposal is based upon the information included within the City's Request for Proposal, and the Addendum dated June 16, 1997. Asset Valuation Services specializes in appraisal and consulting services to public sector entities to assist them in establishing and maintaining their fixed asset records and insurable values. We look forward to working with you on this important project to provide the highest quality appraisal service available. Asset Valuation Services, Inc. is headquartered in Lynnwood, Washington. Our address is 19625 68"' Avenue West, Lynnwood,: Washington 98036. The primary contact person for this engagement will be Per Vaaga. I can be reached at (425) 712-9339. We look forward to working with the City of Santa Clarita on this important project. If you have any questions regarding the attached proposal or require further explanation of any portionwithin, please contact me. Sincerely, ASSET VALUATION SERVICES, INC. Per R- Vaaga President PRV/cb P.O. Box 5154 * Lynnwood, WA 98046-5154 - (206) 364-6624 PROPOSAL FOR THE FIXED ASSET INVENTORY AND APPRAISAL SERVICE TO CITY OF SANTA CLARITA CITY OF SANTA CLARITA, CALIFORNIA June 18,1997 TABLE OF CONTENTS INTRODUCTION Page QUALIFICATIONS................................................................................................................... 2 APPROACH 2 GENERAL SCOPE OF WORK ....................................................... A. PROPERTY TO BE INCLUDED .............................................................................. ................... 2 2 B. PROPERTY TO BE EXCLUDED ............................................................................ 3 C. INFORMATION INCLUDED ................................................................................... 3 D. REPORTS .............. 3 E. PROCEDURES MANUAL ....................................................................................... 4 F. SAMPLE REPORTS . ................................................................................................ 4 G- DATA CONVERSION -4 WORKPLAN 5 PLANNING AND INVENTORY PROCEDURES ......................................................... 5 A. PROJECT PLANNING 5 B. INVENTORY PROCEDURES ...................................... ......................... 5 OFFICE PROCEDURES 6 TIMING 8 BAR CODE SCANNER SYSTEM 8 FEES AND PA YMENT SCHEDULE ..................................................................................... 10 FEES........ .................................................................................................................... 10 PAYMENTSCBEDULE .............................................................................................. 10 CONCLUSION............................................................................................................. 10 ADDENDA A. RESUMES OF PERSONNEL B. REFERENCES AND CLIENT LIST C. SAMPLE REPORTS FIXED AND INSURANCE ASSET INVENTORY AND APPRAISAL PROJECT IATRODUCTION Asset Valuation Services, Inc. appreciates the opportunity to submit our proposal for inventory and appraisal services to the City of Santa Clarita, California. The purpose of the service is to provide the City of Santa Clarita with a uniform, complete, and accurate inventory and appraisal which when completed, will satisfy the stated objectives of the City to comply with applicable requirements of the Governmental Accounting Standards Board (GASB) and Generally Accepted Accounting Principles (GAAP), to receive an unqualified financial audit opinion as follows: Financial Reporting. 1. Materiality Disclosure (Ref: Disclosure for Offerings of Securities by State and Local Governments) 2. Audit Compliance (Ref: AICPA State and Local Government) CostAccounting: 1. Rate Setting (enterprise and internal service funds) 2. Program Cost Recovery 3. Allocation of depreciation allowances in proprietary funds Capital Expenditure Planning. 1. Budget Request Substantiation 2. Capital Asset Improvements and Replacement Forecasting Insurance Requirements: 1. Total hisurable Value 2. Specific Values ,3. ProperRating 4. Proof of Loss Assistance Accountability and Control. 1. Responsibility and Custodianship 2. Operation Efficiency Our proposal is based upon the information provided within the City's Request for Proposal dated May 19, 1997 and subsequent Addendum dated June 16, 1997. Asset Valuation Services specializes in appraisal and consulting services to public sector entities to assist them in establishing and maintaining their fixed asset records and insurable values. We look forward to working with you on this important project to provide the highest quality appraisal service available. Thecontact person for this engagement will be Per Vaaga. I can be reached at (425) 712-9339. If you have any questions reg . arding the attached proposal or require fijrther explanation of any portion within, Please contact me. Page 2 QUALIFICITIONS Asset Valuation Services, Inc. was formed in June, 1992, and incorporated in August, 1992. The company currently specializes in and performs public sector fixed asset appraisals and consulting services. The company is a Pacific Northwest owned firm that takes a "hands-on" approach to each client. Our goal is to ensure that each client is 100% satisfied. Asset Valuation Services, Inc. management and appraisers have inventoried, appraised and consulted with hundreds of public sector clients, including cities, counties, public utility districts, water districts, fire districts� schools and colleges. The management and appraisal staff to be utilized during this engagement will be comprised of: Per Vaaga, President of Asset Valuation Services, will be responsible for overall project management. I will be involved in project planning and provide off-site supervision of all appraisal activities, reconciliation of inventory data to existing information and report production and review. I have worked in the appraisal industry since 1977. My responsibilities have included overseeing the marketing, appraisal and production for Asset Valuation Services, as well as for national appraisal firms. I have performed complete project management of major engagements, as well performed appraisals for insurance, fixed asset and real estate purposes throughout the Northwest. John Kruzinski, A.S.A. will be the Senior Appraiser assigned to perform the inventory and appraisal of the City's assets. He will also provide on-site and office supervision of any staff appraisers assigned to the project and assist with the reconciliation process. Mr. Kruzinski has extensive experience in fixed asset appraisals for the public sector across the U.S. He has earned the designation of Senior Member of the American Society of Appraisers in Machinery and Equipment. Mr. Kruzinski was previously employed with a national appraisal firm, where he was responsible for major project management, as well as involved with the implementation of computerized fixed asset gathering systems and training of staff appraisers. As needed, other appraisal staff will consist of Joan Magin and Sandi Dichl. They will assist in the inventory; appraisal and reconciliation process of this engagement on an as needed basis. Resumes for all of the above team members are included in the Addenda APPROACH EFNERAL SCOPE OF WORK A. PROPFRTY TO BE 1NCLUDFD ICapitalized fixed assets as defined in Section III of the City's R.F.P. will be included in the inventory and appraisal, and are generally defined as including all land improvements, buildings and structures, machinery and equipment, vehicles, furniture and fixtures at the locations specified in the City's Request for Proposal. It is our understanding that the City's fixed asset capitalization policy will be modified to include only assets with an original cost of $ 1,000 or greater and having a useful life of at least two years, Page 3 Additionally, the City has requested we inventory and appraise assets of "significant value" such as cameras and radios. B. PROPERTY TO BE EXCLUDED Property to be excluded from our appraisal are land, assets of an intangible nature, records and drawings, consumable supplies and spare parts, inventory items and personal property of employees or officers. C. INFORMATION INCLUDED The master file database will include the following information for each asset: (a) AssetfFag Number (b) Description (c) Location Building Department Division (d) Department Account Number (e) Property Classification Code (f) Quantity (g) Manufacturer* (h) Model* (i) Serial Number* 6) Date of Acquisition (Actual or Estimated) (k) Normal (Useful) Life (1) Origiriat Cost (Actual or Estimated) (in) Salvage Value (n) Accumulated Depreciation (o) Replacement Cost (p) Replacement Cost less Depreciation To be recorded when available on the individual asset. D. REPORTS Our reports will be in an easy -to -read format. We will provide two copies of each report. T11e report wffl include a cenified letter of transmittal which will: Identify the property appraised * State the purpose of the appraisal 0 Specify the appraisal date 0 Define the level of value sought and the premises of value employed Page 4 • Describe the nature of the property included in, and excluded from, the appraisal • Discuss the appraisal investigation Indicate the factual data considered Present the conclusions of value 0 Outline the qualifying and limiting conditions a Include the signature of an authorized officer of the company The f011Owing report formats will be provided: 1. Accounting Summary Report 2. Accounting Detail Report 3. Depreciation Summary Report (Enterprise and Internal Service Funds only) 4- Depreciation Detail Report (Enterprise: and Internal Service Funds only) 5. Physical Location Report 6. Insurance Summary Report 7. Insurance Detail Report The City may select the sort criteria for all of the above reports, otherwise we will utilize our standard reporting formats. E. PROCEDURES MANUAL We will prepare a Procedures Manual to assist City personnel in all management procedures, such as Purchasing and receiving, and provide instruction for recording and tagging property additions, handling of retirements or other dispositions, and handling of any other property changes, including transfers of assets from one location to another. F. SAMPLE REPORTS We have included as an Addenda to our proposal, sample pages of an appraisal performed for the City of Port Angeles, Washington. The purpose of the appraisal was also for fixed asset accounting and insurance. At the Project Planning meeting, we will review the exact format of the reports desired by the City. We have the capability to custornize reports to meet your exact requirements. G. DATA CONVERSION The City's Request for Proposal stated that we provide the data in a format for transfer into the Pentamation software program. -niis will be performed through an ASCII file data transfer from our Program to PcntamatiOn's. We will customize our record layout, within the parameters of this proposal, to match the field lengths and data types of the PentarnatiOn s0ftware Program. Customizing our input and reporting to your specific soffivare prior to the actual start of the project ensures that Do data will be truncated or lost during the transfer of information from our program to the City's. Page 5 WORKPLAN The following is an outline of the Work Plan for the tasks involved in completing the project. PLANNING AND INVENTORY PROCEDURES A. PROJECT PLANNING Project planning will be performed in two phases. In -Office Planning This phase will include management team review of all aspects of the project including inventory schedule, personnel needs, timing and transfer of data. On -Site Planning Meeting Our management team will hold a project planning meeting with City representatives immediately prior to the start of the field work. It is advisable that members of the administrative staff and others directly involved with the ongoing maintenance of the fixed asset system attend this meeting. The project planning meeting will address the physical inventory schedule, accessibility to buildings and locked rooms, a contact person for each department, a review of useful life tables to be utilized, availability and use of original purchase records, and the assignment of master -table file code numbers and associated descriptions for propertyAocations,. buildings, departments, funds, account codes, etc. During this meeting we will also review the City's objectives and tasks to be completed by Asset Valuation Services appraisal staff. This -will ensure that there is concurrence on the scope of the project, including locations to be appraised, types of property to be includod/excluded, methodology, inventory procedures, costing and valuation procedures, database information to be recorded, report format and delivery schedule, This meeting will also lay the foundation for the methods and procedures to be used in recording property transactions occurring after our field inventory, and for the continued maintenance of the fixed asset system upon delivery of the final reports. B. INVENTORY PROCEDURES The inventory phase will begin immediately after the on-site planning meeting has been held. We will inventory all equipment assets as defined within the final contract. An inspection and field inventory will be conducted at those sites listed within the Request for Proposal. We will inventory/list all included fixed assets by major category as follows: L Buildin,-slSrructures We will inspect and measure the buildings and structures subject to our survey. Basic construction components and building features will be identified and valued. A description of each building will be developed and recorded. Z Improvements Other 77ian fuildinks Improvements outside a building and particular to a parcel of land will be inventoried and recorded by location, including fencing, outside lighting, etc. Page 6 I Machinery and Equipmen A general inspection and field inventory will be conducted at the locations indicated by the City within the Request for Proposal- Upon completion of the inventory, machinery and equipment items will be placed into one of the following categories: a. Fixed Asset -Machinery and equipment items with a unit cost of $1,0oo or more and having an estimated useful life of one or more years, will be inventoried and identified individually. b. Insuran Asset - Machinery and equipment items with a unit cost of less than $1,000,.and having an estimated useful life of one or more years, will be inventoried and identified individually. Bar Code Tagging All capitalized, movable equipment will be tagged with a bar code tag. T11rough utilization of our proposed scanner and scanner software the City can utilize a single bar code on an asset. When the asset number is. read the scanner will instantly identify the associated description, manufacturer, model and serial number. Removal of existing tags will be performed under the terms specified within the R.F.P. However, we have provided an optional fee reduction should the City change it's mind. Depending on the types of tags originally used, removal may leave permanent marks on furniture and equipment. C. OFFICE PROCEDURES Reconciliation We will make a reasonable effort to reconcile purchase costs of Capitalized assets to existing City records. Reconciliation would be performed from copies of existing reports and/or your Voucher records when they are readily available. Reconciliation will be performed off-site so, that we may utilize our computer matclung capabilities. Data Entry - Initial Field notes will be forwarded to our office for input into the database program on a regular basis. Upon completion of initial data entry an valuation/edit report will be generated. Costing / Valuation Methodolo2y and Procedures Data entry will provide a Pricing report to the appraisal staff for the purpose of performing the valuation of New Replacement Cost (and Original Cost where we were unable to reconcile the asset to existing records) for each asset. The inventory and appraisal procedures utilized will follow generally accepted appraisal practices and will include use of those techniques necessary to develop acceptable original acquisition cost and acquisition date infbnnation. During the course of the inventory and the subsequent valuation research, our appraisers %ill examine all assets and available records to determine date of acquisition, original cost, and cost of reproduction new. One of the primary tasks to be performed during a fixed asset appraisal is the determination of the original Cost of each fixed asset. Original cost is defined as the amount originally paid to acquire the asset, including such costs as set-up charges, transportation, taxes, engineering and architectural fees, title Page 7 insurance, etc. If an asset was donated or bought for a nominal sum, GAAP requires that the asset be accounted for at market value as of the date of acquisition. 'Mere are three recognized methods which can be used to determine the original cost of a fixed asset. They are as follows: Direct Costin Direct Costing utilizes the actual original cost and acquisition date information gathered from invoices or other similar source documents for the property inventoried and is, therefore, the most accurate method. Whenever possible and feasible, we will use the Direct Costing method. 'When invoices or other reliable, source documents are not readily available, we will utilize the Standard Costing or Normal Costing methods. Standard Costing Standard Costing is an estimate of the original cost based upon a known average installed cost for a like unit at the estimated acquisition date. The unit's age is estimated based upon observed condition, manufacturer's name, model, serial number, age of the facility, etc. Normal Costin Normal Costing is defined as an estimate of the original cost based upon the current cost of reproduction new, indexed by a reciprocal factor of the price increase of a specific item or classification of items from the estimated date of acquisition to the appraisal date. All three methods for establishing original cost will be utilized in the appraisal of the City's assets. The application of each method will be based upon such factors as the availability and case of obtaining actual cost information, and the relative significance to the materiality of the overall project. In other words, we will expend greater effort in gathering actual data on high cost and recently purchased or constructed assets as opposed to lower value and/or older equipment assets. In order to satisfy the insurance portion of die engagement, our appraisal will include the Replacement Cost (referred to as Cost of Reproduction New in appraisal terminology) for each asset, defined as follows: Cost of Reproduction New is the amount required to reproduce property in like kind and materials, in accordance with current market prices for materials, labor and manufactured equipment, contractor's over -head, profit, and fees, but without provision for overtime or bonuses for labor and premiums for material or equipmen� based upon reproducing the entire property at one time. Upon completion of all pricing and corrections, the data will be provided to Data Entry for keying into the database. IPata Entry - Pricing hiPut all pricing and any corrections from the Pricing Report. When completed, run Review Reports for WInnission to the management team. i Page 8 Preliminary Report Review Engagement Manager and Appraisal Manager perform detailed examination of Review Reports. Review encompasses all description data, pricing, and coding to ensure accuracy and consistency. Data Entry - Corrections Input any corrections and print Final Reports. Provide reports to Engagement Manager. Final Report Review The Engagement Manager and Appraisal Manager will review the Final Reports. Report Delivery The Engagement Manager will deliver all reports and review them with City personnel, Ile Engagement Manager will also answer and/or note any questions for immediate resolution or later reply. TIMING Upon receipt of your authorization, we will contact you to determine a mutually acceptable schedule for the Project Planning meeting and our field investigation. We are usually able to schedule the field work to begin within two to four weeks from the date of authorization. We would anticipate the field inventory phase to be completed within one to two weeks. Delivery of the final reports would be approximately eight to twelve weeks after the start of the field work. Final report delivery would be no later than October 31, 1997 If the above schedule does not satisfy the City of Santa Clarita time requirements, please inform us and we will make every effort to meet your needs. BAR CODE SCANNER sySTEM We are recommending the City purchase the Intermec Janus 2020 Hand Held Data Collection'Computer. Reasons for recommending this particular unit include that Interinec is a well established leader in the bar code technology industry; their products are durable; and the Janus 2020 is state-of-the-art, combining a reader and computer in one unit. I am enclosing a data sheet on the unit, In addition to the scanner, a software program is required to collect the data. Asset Valuation Services has worked with a programmer, who specializes in scanning software, to develop a custom program specifically for our use. We call it the Asset Valuation Services Asset Collection program. The program is set up to prompt you to key in the following: I - Location number, (required) 2. Building number, (defaults to "none,,) 3. Department number, (defaults to "none") Upon entering the above information, you would scan all assets in the selected department, then move to the next department or building, change the department and/or building code number and scan that departmenes or buildings assets, etc, Page 9 If an asset were discovered that, a) had a tag that Nmas damaged, removed or unreadable for any reason; or b) an asset had no asset tag affixed to it; you would apply a new tag and go to the next level of information gathering, which consists of the unit prompting you for the following information: 1. Key in the old tag number, (if possible and applicable)) 2. Scan the asset tag number, (required) 3. Key in the asset description, (required) 4. Key in the manufacturer name (if applicable) 5. Key in the model number (if applicable) 6. Key in the serial number (if applicable) Utilizing this system for maintaining your inventory control would greatly speed up the time required to perform an inventory as well as reduce the potential for erroneous information. - Upon completion of die scanning, the unit downloads the information to the host computer via the communication dock, where the data file would be compared to the existing database, and exception reports generated by the program for, a) missing assets not scanned, b) assets improperly transferred, and c) assets tagged but not entered into the system. Outlined below are the components for the basic Intermec Janus 2020 unit and the accessories that are required for your application. I have also noted an option you may want to consider: Item Janus 2020 hand held data collection computer, Includes 4 MB RAM, 2 MB ROM, 512 K Flash, Type II PCMCIA drive for pop -in memory, Microsoft ROM DOS 5.0, IRL 4.0. Including (1) Nicad Battery and User Manual. 2. Communications Dock and Spare Battery Pack Charger 3. 2.5 Meg PCMCIA Memory Card 4. Janus Nicad Battery Pack (Spare) 5. Janus cable, JL2020 to PC 6. Janus Universal Power Supply 7. Asset Collector software program 8. Leg Holster, (right or left) (OP11ONAL) Page 10 FEESAND PA YMENTSCHEDULE FEES On the basis of our understanding of your requirements, and the level of professional skills necessary to complete this project; our total fees, including expenses, are as follows: Fixed Asset Appraisal Service $15,600.00 (Optional) Leave existing asset tags on assets; (subtract from above fee) ($1,200.00) Bar Code Scanning System $5,130.00 Management System (Property Manual) $1,750.00 Computer link to City computer program $1,500.00 PAYMENT SCHEDULE Our payment schedule is as follows: a progress invoice of 5o% of the appraisal fee will be issued upon completion of the field inventory, an additional progress invoice for 25% of the appraisal fee will be issued approximately three weeks after completion of the field work. Payment is expected within 30 days of the date of our invoice. A final invoice will be issued upon completion and delivery of the report and is due upon receipt of the reports. Optional services and hardware will be billed upon delivery of same. If our payment schedule does not meet with the City's payment policies, we are willing to discuss other arrangements. CONCLUSION Should this proposal meet with your understanding of the services required, please signify your acceptance by signing the signature block on the enclosed duplicate COPY of this proposal and return it for our files. Upon receipt of your authorization, we will contact you to arrange the appraisal schedule. ADDENDA A RESUMES OF PERSONNEL PROFESSIONAL QUALIFICATIONS PER R. VAAGA PRESIDENT, ASSET VALUATION SERVICES INC. APPraisal Specialization Mr. Vaaga has been engaged in the appraisal profession since 1977- His professional activities include engagement design and project administration. Mr. Vaaga has served as a valuation consultant of land, land improvements, buildings, and machinery and equipment for a variety of purposes including insurance, property records, ad valorem, financing, condemnationi allocation of purchase price, and other specialized requirements. W. Vaaga has performed appraisal valuations of land, buildings, improvements and machinery and equipment -for purposes of property record fixed asset systems, condemnation, financing,. insurance placement and proof of loss substantiation. Mr. Vaaga has been significantly involved in the design, development and documentation of a P.C. based fixed asset software program. Several speaking engagements before major insurance brokerages and public sector entities. Participated as a Facifitator of the Fixed Assets Roundtable at the 1993 Oregon Municipal Treasurers Association Annual Conference. Presentation on fixed asset appraisal and accounting to the Washington. Finance Officers Association 1996 Annual Conference PROFESSIONAL QUALIFICATIONS JOHN C- KRUZINSKI, ASA SENIOR APPRAISER ValliatiOn Skills and Exnerience Mr. Kruzinski has been actively engaged in the appraisal profession since 1977. He has been involved in major assignments involving fixed asset management systems for municipalities, counties, utility districts, school districts and other public entities. He has appraised light industrial plants, heavy mobile equipment, and major industrial property including the wood products industry and the food-processing industry. He is skilled in the appraisal of land, buildings, equipment, and machinery for insurance, accounting, finance, and tax -related purposes. ProfessLwnal Affiliations Senior member of the American Society Of Appraisers (A.S.A.) certified in the discipline of Machinery and Equipment. He has served as Chapter vice-president and Secretary, Appointed to the Panel of Arbitrators of the American Arbitration Association and has arbitrated valuation disputes. General Appraisal Certificate to Appraise Real Estate in Oregon State. Certified Real Estate Appraiser in the State of Oregon ;Education Bachelor of Science in Business Management, 1974, Northern Illinois University. Statistical Analysis course, Loyola University Successfully completed American Institute of Real Estate Appraisers courses Real Estate School of Oregon - Real Estate courses, 198 1 Numerous appraisal seminars and conferences 1977 - 1994 QUALIFICATIONS JOAN MAGIN APPRAISER Valuation Skills and Experience Ms. Magin has been actively engaged in the appraisal profession since 1989. She has been involved in determining the scope, fee analysis and application Of specific valuation theory with regards to the development of appraisal services in real estate, machinery and equipment, and financial valuations. She has assisted in project management and performance of complex appraisal assignments including numerous fixed asset assignments in Oregon, California and Washington. ,Professional AffiliatIM State Licensed Appraiser - State of Oregon Planning Commissioner, City Of ScaPPOOse (1993-1995) Mucation Attended Washington State University Successfully completed numerous appraisal and business related courses PROFESSIONAL QUALIFICATIONS SANDI K DIEHL APPRAISER Valuation Skills a id—E—Xp_erience Ms. Diehl has been involved in the appraisal profession since 1992, She has experience in all aspects of research and Miting appraisal reports. Has performed appraisals of fixed assets, machinery & equipment, land and construction. Included are commercial income properties, such as gas stations, retail and wholesale buildings proposed construction, vacant land, industrial tj marine repair facilities, marinas, textile manufacturing plants, food Proper es, plants, warehouses, commercial and industrial properties. processing Professional Affiliations State Licensed Appraiser - State of Oregon Appraiser Assistant in the State of Oregon Education Associates Degree in Business Administration, 1983 Mt. Hood Community College Various College Level Real Estate Courses Real Estate Report Writing Uniform Standards Of Professional Appraisal Practice (USPAP) Techniques Of Income Property Appraisal I Techniques Of Income Property Appraisal 11 Market Abstraction Analysis Basic Construction Terminology Condemnation Appraising ADDENDA B REFERENCES & CLIENT LIST CLIENT REFERENCES fhe following Government entities have had Fixed Asset Appraisal work performed by Asset Valuation Services, Inc. ' City of Walla Walla Contact: Ms. Laura Nix Finance Manager 15 N. 3rd Ave. Walla Walla, WA 99362-0216 509-527-4540 kppraisal Project completed in October, 1996 Fixed asset appraisal and tagging of assets and above, as well as theft sensitive issets and insurance groups. Reconciliation of issets to existing information where available. ;;ity of Port Angeles V;Ontact: Ms. Kay Godbey Finance Director 321 E. Fifth Port Angeles, WA 98362 360-457-0411 )mPleted May, 1995, with periodic et d 180 appraisal and tagging of assets above, as well as theft sensitive Purchased FLEX Fixed Asset Transit Authority dr. Steve Clancy )irector of Finance & Support Svcs. 011 Young Street �uite 201 ellin-1- UrA nOno 360-67&6843 PPraisal Project completed in November, 1995 kod asset appraisal and tagging of assets 1,000 and above, as wen as theft sensitive zets. Detailed reconciliation for Federal 4dit purposes. Also purchased FLEX Fixed 'set Software, Intermec Scanner and Asset 011ector Software program. City of Milwaukie Contact: Angus Anderson Finance Director 10722 NE Main Milwaukie, OR 97222 503-786-7555 Project completed October, 1995, updated 1996 Fixed asset appraisal and tagging of assets $500 and above, as well as theft sensitive assets and insurance groups. Also purchased FLEX Fixed Asset Software. City of Wilsonville Contact: Ms. Rochelle Danner Accountant 30000 SW Town Center Loop E. Wilsonville, OR 97070 503-682-1011 Project completed in October, 1994 with updates for 1995 and 1996 Fixed asset appraisal and tagging of assets $500 and above, as well as theft sensitive assets. City of Yuba City Contact Mr. Jarrod Orr Accountant 1201 Civic Center Boulevard Yuba City, CA 95993 916-822-4617 Prudect completed October, 1996. Fixed asset appraisal and tagging of assets $1,000 and above, as well as theft sensitive assets. RE PRESENTATIVE LISTING OF PUBLIC SECTOR CLIENTS SERVED Amity School District No. Q Amity, OR Blue Mountain Community College Pendleton, OR City of Bonney Lake Bonney Lake, WA Dayton School District Dayton, OR City of Enumclaw Enumclaw, WA Elma School District Elma, WA Eureka School District Eureka, MT Evergreen School District Vancouver, WA Fortine School District Fortine, MT Grand Forks Public School District No. I Grand Forks, ND Kessler Public Schools Kessler, MT Kittitas County Ellensburg, WA Klamath County School District Klamath Falls, OR McCormick School District Troy, MT Medford School District #549C Medford, OR City of Milwaukie Milwaukie, OR City of Monroe Monroe, WA North Thurston School District No. 31 Lacey, WA kne Eagle School District Hal�ay, OR !'City of Port Angeles Port Angeles, WA j City of Redmond Redmond, WA Scappoose School District No. IJ Scappoose, OR Snoqualmie Valley School District No. 4 10 Snoqualmie, WA Southeast Washington County Joint Water Agency Tigard, WA 'Trego School District Trego, MT i troy School District Troy, MT ;City of Walla Walla Walla Walla, WA ;Whatcom Transportation Authority I Bellingham, WA White Pine County School District East Ely, NV City of Wilsonville Wilsonville, OR 'City of Yuba City Yuba City, CA ADDENDA C SAMPLE REPORTS PRINT DATE: 5/22/95 ACCOUNTING SUMMARY REPORT BY FUND AND ACCOUNT ACCOUNT ACCOUNT NAME BEGINNING CURRENTYEAR SALES AND BALANc AD121TION REUREW= FUND 502 - INFORMATION SYSTEMS 1811000 MACHINERY& EQUIPMENT $725,676.82 $62,226.71 $0.00 $0.00 TOTAL FUND 502 - INFORMATION SYSTEMS $725,676.82 $62,226.71 $0.00 $0.00 f AS OF. 12/31/94. ENDING BALA QE7 $787,903.53 $787,903.53 PRINT DATE: 5/22/95 ACCOUNTING SUMMARY REPORT BY FUND AND ACCOTINT ACCOUNT# ACCOUNTNAME BEGINNING I!ALANC CURRENT YEAR Al2DITIONS SALES AND RETIREMEMS TRANSFERS ENDING IIALANC FUND899-GENERAL 1711000 LAND & LAND IMPROVEMENTS $0.00 $247,810.00 $0.00 $0.00 $247,810.00 1721000 BUILDINGISTRUCTURES 1 $5,110,187.00 $4,431,525.78. $0.00 $0.00 $9,541,712.78 1731000 BUILDING/STRUCTURES 11 $1,693,837.50 $0.00 $0.00 $0.00 $1,693,837.50 1761000 OTHERIMPROVEMENTS $1,126,504.00 $306,932.72 $0.00 $0.00 $1,433,436.72 1811000 MACHINERY & EQUIPMENT $835,945.11 $369,511.40 $0.00 $0.00 $1,205,456.51 TOTAL FUND 899 - GENERAL $8,766,473.61 $5,355,779.90 $0.00 $0.00 $14,122,253.51 GRAND TOTAL $61,646,662.7� $31,071,953.35 $0.00 $0.00 $92,718,616.13 ACCOUNTINU I)Ea-rA-IJG IfE, PRINT DATE: 5/22195 AS OF: 12/31/94 rFUND 899 - GENERALI FDEPARTMENT 200 - FINANCg kSSET ASSET BEGINNING CURRENTYEAR SALES AND ENDING LOC BLDG NUMBER M DESCRIPTION * MANUFACTURER * MODEL S.N. PAT BALANC ADDITION RMRatENTS TRANSFERS BALANC 01 01 01019 1 PRINTER, LASER * HEWLETT PACKARD 07/01192 1,720.00 0.00 0.00 0.00 1,720.00 LASERJET III * 3140JO4178 01 01 01020 1 COMPU SIGNER * MARTIN YALE * 811A 9133 03/01/92 1,075.00 0.00 0.00 0.00 1,075.00 01 01 01021 1 COMPUTER SYSTEM, 80386 * EPSON * EQUITY 06/01/91 3,246.00 0.00 0.00 0.00 3,246.00 386/25P * 3161000745 01 01 01024 1 COMPUTER SYSTEM, 80386 - EPSON - EQUITY 06101/91 3,246.00 0.00 0.00 0.00 3,246.00 386125P * 5591000471 01 01 01025 1 COMPUTER SYSTEM, 80386 * EPSON * EQUITY 05/01/92 1,725.00 0.00 0.00 0.00 1,725.00 386133P * 64C2011177 01 01 01026 1 COM�UTER SYSTEM, 8038r, * EPSON - EQUITY 05101/92 1,725.00 000 0.00 0.00 1,725.00 386125S * 5591000264 01 01 01027 1 COMPUTER SYSTEM, 80386 - EPSON * EQUITY 06101191 3,246.00 OX0 0.00 0.00 3,246.00 386/25P * 3161000761 01 01 01029 1 COMPUTER SYSTEM, 80386 * EPSON * EQUITY 05/01192 1,725.00 0.00 0.00 0.00 1,725.00 386/25P * 5591000470 01 01 01030 1 COMPUTER SYSTEM, 80386 * AST * PREMIUM 02101192 2,293.00 0.00 0.00 0.00 2,293.00 EXEC. 38 * USN1057564 01 01 01127 1 FAX MACHINE * XEROX * 7033 02/01/93 3,865.00 0.00 0.00 0.00 3,865.00 01 01 01128 1 COPIER * XEROX * 5065 * OC4-412276 02101/93 26,320.00 0.00 0.00 0.00 26,320.00 01 01 01129 1 COPIER * XEROX * 5100 * 52K-309463 02/01/93 85.500.00 0.00 0.00 0.00 85,500.00 01 01 01130 1 MAIL INSERTING MACHINE * PITNEY BOWES 12/01/93 19,600.00 0.00 0.00 0.00 19,600.00 F400* 3203 01 01 01132 1 FOLDING MACHINE - PITNEY BOWES * 1863 01/01190 1,500.00 0.00 0.00 0.00 1,500.00 OG391 kSSET PRINT DATE: 5122/95 ACCOUNTING DETAIL REPORT [FUND 899 - GENERALI SER AS OF: 12/31/94 [DEPA ITMENT 200 - FINANCEk BUGINNING CuRRENTYEAR SALESAND ENDING DAT DALANC Al2DITIONS gETjgEMWrS IRANSFERS UALANQ 01/01/88 3,775.00 0.00 0.00 0.00 3 ' 775.00 10/26/94 0.00 2,533.49 0.00 0.00 2'5�3.49 10/26/94 10/26/94 10/26/94 10/26/94 10/26/94 01/10/94 TOTAL: DEPARTMENT 200 - FINANCE 0.00 2.533.49 0.00 0.00 2.533.49 0.00 2,533.49 0.00 0.00 2,533.49 0.00 2,533.49 0.00 0.00 2,533.49 0.00 2,53149 0.00 0.00 2,533.49 0.00 2,533.49 0.00 0.00 2,533.49 0.00 1,072.75 0.00 0.00 1,072.75 $195,420.76 $16,273.69 $0.00 $0.00 $211,694.45 ASSET LOC BLDG NUM13ER QTY DESQ31PTION *MANUFACTURER * MODEL * S,Nv 01 01 01133 1 BURSTER * PRECISION.* 3050 * 01100315CD 01 01 02501 1 COMPUTER SYSTEM * GATEWAY 2000 * P5-60 * 2698357 01 01 02502 1 COMPUTER SYSTEM * GATEWAY 2000 * 135-60 * 2698356 01 01 02503 1 COMPUTER SYSTEM * GATEWAY 2000 * P5.60 * 2698358 01 01 02504 1 COMPUTER SYSTEM.* GATEWAY 2000 * P5-60 * 2698359 01 01 02505 1 COMPUTER SYSTEM * GATEWAY 2000 * P5-60 * 2698360 01 01 02506 1 COMPUTER SYSTEM * GATEWAY 2000 * P5.60 * 2698361 01 01 02510 1 PRINTER, LASER * HEWLETT PACKARD LASERJET 4P * USBB036601 SER AS OF: 12/31/94 [DEPA ITMENT 200 - FINANCEk BUGINNING CuRRENTYEAR SALESAND ENDING DAT DALANC Al2DITIONS gETjgEMWrS IRANSFERS UALANQ 01/01/88 3,775.00 0.00 0.00 0.00 3 ' 775.00 10/26/94 0.00 2,533.49 0.00 0.00 2'5�3.49 10/26/94 10/26/94 10/26/94 10/26/94 10/26/94 01/10/94 TOTAL: DEPARTMENT 200 - FINANCE 0.00 2.533.49 0.00 0.00 2.533.49 0.00 2,533.49 0.00 0.00 2,533.49 0.00 2,533.49 0.00 0.00 2,533.49 0.00 2,53149 0.00 0.00 2,533.49 0.00 2,533.49 0.00 0.00 2,533.49 0.00 1,072.75 0.00 0.00 1,072.75 $195,420.76 $16,273.69 $0.00 $0.00 $211,694.45 DEPRECIATION SUMMARY REPORT PRINT DATE: 5/22/95 BY FUND AND ACCOUNT ACCOUNT# AccouNTNAmE ACQUISITION .......... . .. I . ........................... DEPRECIATION ............................................ PRIOR CURR ACCUMULATED FUND 402 - WATER/WASTEWATER 1722000 BUILDING/STRUCTURES 1 $46,511.34 $16,278.92 $1,162.78 $17,441.70 1731000 BUILDING/STRUCTURES 11 $21,454,705.98 $1,422,919.48 $440,463.96 $1,863,383.44 1732000 BUILDING/STRUCTURES Il $949,511.00 $529,116.74 $19,259.45 $548,376.19 1761000 OTHERIMPROVEMENTS $14,856,094.00 $7,410,125.09 $371,402.36 $7,781,527.45 1762000 OTHER IMPROVEMENTS $16,685,563.00 $9,456,915.97 $395,576.71 $9,852,492.68 1811000 MACHINERY & EQUIPMENT $3,277,511.74 $33,590.93 $102,220.64 $135,811.57 1812000 MACHINERY & EQUIPMENT $48,952.11 $15,567.20 - $6,245.34 $21,812.54 TOTAL FUND 402 -WATER/WASTEWATER $57,318,849.17 $18,884,514.33 $1,336,331.24 $20,220,845.57 PRINT DATE: 5/22/95 FFUND 402 - WATEPWAST ASSET DEPRECIATION REPORT BY FUND AND ACCOUNT 1812000 - MACHINERY & NIA ASSET NUMBER DE QU DESCRIPTION * MANUFACTURER * MODEL ............ ACQUISITION .............. ................................... Ll M, DAT CO PRIOR DEPRECIATION ............. CURR ACR�i:�ii; 753 01061 753 1 COMPUTER SYSTEM, 486DX * AST * BRAVO 4/33 5 01/20/93 2,140.00 $392.33 428.00 820.33 01064 753 1 COMPUTER SYSTEM, 486DX *MERIT WORKSTATION 486 5 04101/93 7,753.00 $IiI62.95 1,550.60 2,713.55 01065 753 1 SCANNER * HEWLETT PACKARD * SCANJET IIC 01067 753 1 COMPUTER SYSTEM, 80386 * HEWLETT PACKARD 6,200.00 $4,443.33 1,240.00 VECTR 01069 753 1 COMPUTER SYSTEM * HEWLETT PACKARD 61.77 61.77 5 DESIGNJET Goo 01070 753 1 COMPUTER SYSTEM, 486SX * AST * POWER EXEC. 20 01/01177 3,640.00 4125S 01210 753 1 COMPUTER SYSTEM AST * BRAVO LC4/25S 01233 753 1 METER TEST BENCH FORD * SIZE 3 & IF 01234 753 1 PUMP, TRASH * HONDA - WT30X 01235 753 1 PIPE THREADER * RIGID * 535 01238 753 1 HOLE HOG 0253903 753 1 BPMS SOFTWARE 02569 753 1 ELECTRONIC TESTER * DUKE * 900A 02570 753 1 GENERATOR * KAWASAKI * GE 5000 02571 753 1 RESCUE EQUIPMENT 02572 753 1 MONITOR W/DATALOGGER 0 10 01/01/93 1,475.00 $147.50 147.50 295.00 5 06101190 6,200.00 $4,443.33 1,240.00 5, 5 06101/92 4,600�00 $11456.67 920.00 2,376.67 1 5 02/16/94 3,405.06 $0.00 567.51 567.51 1 5 12/29/92 1.728.94 $345.79 345.79 691.58 15 01/01/83 3,800.00 $2,786.G3 253.33 3,039.96 10 08115/94 1,482.50 $0.00 61.77 61.77 5 01/01/79 1,738.00 $1,738.00 0.00 1,738.00 20 01/01177 3,640.00 $3,094.00 182.00 3,276.00 5 06/16194 1,366.00 $0.00 136.60 136.60 15 03/25/94 1,405.23 $0.00 70.26 70.26 15 12/09/94 2,291.80 $0.00 12.73 12.73 15 03/15/94 2,896.7G $0.00 160.93 160.93 15 03115/94 1,981.42 $0�00 110.08 110.08 "2 2 t-19rt2 2Tnmn=p=s PRINT'DATE: 5/22/95 ASSET DEPRECIATION REPORT BY FUND AND ACCOUNT �FUND 402 -WATERIWASTEWATERi 1812000 - MACHINERY & OF: ASSET M )2ofRIPTION*MANjjF ­, ...... —ACQUISITION .............. ....................... . .......... DEPRECIATION ...... . .... . ........... NUMBER DE _ACTUREg * MODE!, Lum DAT Co PRIOR CURR 02573 753 1 DYNA HOIST 15 03/15194 1,048.40 $0.00 58.24 58.24' TOTAL ACCOUNT 1812000 - MACHINERY & EQUIPMENT $48,952.11 $15,567.20 $6,245.34 $21,812.54 f INC. "o -a~ -- - -gmvv -- ASSET NUMBER REPORT PRINT DATE: 5/23195 CAPITALIZED ASSETS ONLY AS AV. 101qllaA ASS NUMBE FUN AC CATISUB PRO TYP LOC BLDG = MrBIrTION *MANUEAMRER - MODEL 5ERIAL NUMBER N. ....... LIF& .. V . M ACQUISITIO c . = .. 01101 401 911 1811000 186-200 70 01 ol I COMPUTER SYSTEM, 486DX * MICRO SYS INC. 404553 5 05/01/93 4,350.00 01102 401 911 1811000 186-400 70 01 ol I PLOTTERDRAFTMASTER MX! *HEWLETT PACKARD* A01069 10 01101/90 7599A 8,495.00 01103 401 911 1811000 186-200 70 01 01 1 COMPUTER SYSTEM, 486DX - AST - BRAVO LC41661) USC9007880 5 02/01194 2,873.00 01104 401 911 1811000 186-200 70 ol ol I COMPUTER SYSTEM, 80286 * COMPU ADD * 212 0147337 5 02101190 2,243.00 01105 401 911 1811000 186-200 70 ol ol I COMPUTER SYSTEM, 486DX * AST * BRAVO LC4166D USC9007873 5 02101/94 2,873.00 01106 401 911 1811000 186-200 70 01 ol 1 COMPUTER SYSTEM, 80386 * AST PREMIUM EXEC. USN1034883 5 07101191 38 3,614.00 01107 401 911 1811000 18G.200 70 01 01 1 COMPUTERSYSTEM, 486DX * AST BRAVO LC4/661) USCO007955 5 02101194 2.873.00 01108 401 911 1811000 186-200 70 01 01 1 PRINTER, LASER * HEWLETT PACKARD * LASERJET 4 0GO632 5 01101193 1,070.00 01109 899 500 1811000 186-200 20 01 01 1 COMPUTER SYSTEM, 486SX * AST * BRAVO 4125S TJSL3027819 5 06101/93 1.859.00 01110 899 500 1811000 186-200 20 ol ol I COMPUTER SYSTEM, 486DX * AST - BRAVO LC4133DX USC7031183 5 02/24194 1.858.65 01111 899 500 181ID00 186-200 20 01 01 1 COMPUTER SYSTEM, 48GSX * AST * BRAVO LC4125S USM005335 5 01104/93 1,726.00 01112 899 500 1811000 186-200 20 01 ol I COMPUTER SYSTEM, 80288 * HEWLETT PACKARD 2943A77563 5 07/01189 3,420.00 VECTR 01113 899 500 1811000 186-100 20 01 01 1 COPIER * CANON * NP3050 NBZ08561 10 12101192 6,312.00 01114 899 500- 1811000 186-200 20 01 01 1 COMPUTER SYSTEM� 8038G - EPSON * EQUITY 386125P 5591000462 5 06MI91 3.246.00 01115 899 500 1811000 186-200 20 ol ol I COMPUTER SYSTEM, 80386 ' EPSON * EQUITY 386125P 5591000263 5 06/01191 3,246.00 01116 899 532 1811000 186-200 25 01 ol I COMPUTER SYSTEM, 80386 * EPSON * EQUITY 386125P 44YI000096 5 06101191 3,246.00 01117 899 500 1811000 18G-200 20 01 ol I COMPUTER SYSTEM, 486SX * AST * BRAVO LC4125S TXC5002518 5 02124194 1,693zo 01118 899 500 1811000 186-100 20 ol ol I TYPEWRITER* CANON* ' APS50 012022263 10 01101/85 1,736.00 01119 899 500 1811000 186-100 20 01 01 1 COPIER * CANON * NP1012 CXL90926 10 11/01192 1,400.00 01120 899 500 1811000 180-200 20 01 01 1 COMPUTER SYSTEM * GATEWAY 2000 * P5-60 2G71879 5 10110194 2.679.00 01121 899 500 1811000 186-200 20 01 ol I COMPUTER SYSTEM * GATEWAY 2000 * P5-60 2G71880 5 10/lom 3.160.00 01122 899 500 1811000 186-200 20 01 ol I COMPUTER SYSTEM, 80386 * AST * PREMIUM EXEC. USN3042521 5 09MIM2 2,375.00 38 01123 899 500 1811000 186-200 20 01 01 1 COMPUTER SYSTEM, 80386 * AST * BRAVO LC41253 USC5001854 5 02124194 1,693.50 01124 899 5DO 1811000 186-200 20 01 01 1 COMPUTER SYSTEM, 80386 * AST * POWER EXEC. LAP USZ4002047 5 01101193 2.725.00 01125 899 500 1811000 186-200 20 01 01 1 COMPUTER SYSTEM, 486SX * AST * BRAVO LC4/25S USC5021880 5 02124/94 1,693.50 01126 899 500 1811000 186-200 20 ol 01 1 COMPUTER SYSTEM, 486SX - AST * BRAVO LC4125S USC5001893 5 02/24194 1,693.50 01127 899 200 1811000 187-200 05 01 01 1 FAX MACHINE * XEROX * 7033 10 OMM3 3,865.00 01128 899 200 1811000 186.100 65 ol ol I COPIER * XEROX * 5065 OC4-412276 10 02101/93 26,320.00 ASSET VALUATION SERVICES, INC. 1 FA- G 1, 5 ASSET NUMBER REPORT PRINT DATE: 5123/95 CAPITALIZED ASSETS ONLY A.qnP- 19/qtl/QA A519137 NUM13ER FUND DE ACCT CAT/9U PROP TY 13L M PMCRIMON MANUFACTURER - MODEL SERIALNUMBER ............ ACQUISITION ............ LLEE; D 01129 899 200 1811000 186-100 05 01 01 1 COPIER* XEROX*5100 52K.309463 10 02/01193 85,500.00 01130 899 200 1811000 186-100 05 01 01 1 MAIL INSERTING MACHINE * PITNE7Y BOWES * F400 3203 10 121OW3 19,6()0.00 01131 899 800 1811000 186-200 15 02 01 1 COMPUTER SYSTEM, 48GSX * AST * BRAVO 4125S USL3004867 5 12129192 1.726.00 01132 899 200 1811000 186-100 05 01 01 1 FOLDING MACHINE * PITNEY BOWES * 1863 06391 10 01101190 1,500.00 01133 899 200 1811000 18G-100 05 01 01 1 BURSTER * PRECISION * 3G50 01100315CD 10 01101/88 3.775.00 01134 899 800 1811000 186-100 15 02 01 1 TYPEWRITER * CANON * APSOO 10 01101185 1,736.00 01135 899 800 1811000 186-100 15 02 01 1 COPIER * CANON * NP3525F CCJO 1133 10 01101/87 5,495.00 01136 899 800 1811000 186-200 15 02 01 1 COMPUTER SYSTEM. 8028G * HEWLETT PACKARD 3007A83103 5 06101/89 3,240.00 VECTR 01137 899 800 1811000 186-200 15 02 01 1 COMPUTER SYSTEM, 38GSX * EPSON * EQUITY 366= 5591000475 5 061OM2 2,514.00 01138 899 800 1811000 186�200 15 02 01 1 COMPUTER SYSTEM, 486SX * AST * BRAVO LC4/25S TXC5003139 5 01/10/94 1.511.70 01139 899 800 1811000 187-800 15 02 01 1 LIFT, ONE-MAN, 24'H - GENIE * PLC -24 7.14996 f 15 01101t88 3,317.00 01140 899 800 1811000 187-700 15 02 01 1 REFRIGERATOR, WALK-IN - MASTER 13ILT 15 01/01/80 4,266.00 01141 899 goo 1811000 187-700 15 02 01 1 ICE MACHINE * SCOTSMAN * 15 01101185 1.786.00 01142 899 800 1811000 187-700 15 02 01 1 DISHWASHING SYSTEM * JACKSON * 150B 5755M 15 01101/80 4,366.00 01143 899 800 1811000 187-700 15 02 01 1 OVEN. CONVECTION * US RANGE * 369750 15 01/01180 2,030.00 01144 899 532 1811000 186-200 25 01 ol I COMPUTER SYSTEM, 486SX * AST * BRAVO LCV25S USC5009515 5 10/25193 1,763.90 01145 899 532 181 IODO 186-200 25 01 01 1 COMPUTER SYSTEM, 486SX * AST - BRAVO LC4125S TXC5002511 5 03107194 1,742.2G 01146 899 532 1811000 186-200 25 01 01 1 COMPUTER SYSTEM, 486SX * AST * BRAVO LC4125S USC5009563 5 10125193 1,764.90 01147 899 532 1811000 187-200 25 01 01 1 FAX MACHINE * HEWLETT PACKARD * FAX 300 02396 10 ollowl 1,350.00 01148 899 532 1811000 187-100 25 01 01 1 MODULE * ZENTRON - 1425 1161-091 10 01101/91 5,145.00 01149 899 532 1811000 187-100 25 01 01 1 MODULE * ZENTRON * M25 0389-091 10 olloml 5,145LO 01150 899 532 1811000 187-100 25 01 01 1 MODULE * ZENTRON * M20 067-0328 to ol/owl 1.450.00 01151 899 532 1811000 187 -IOD 25 01 ol I MODULE h ZENTRON * M25 5-0211 10 01101191 5,145-00 01152 899 532 1811000 187-100 25 01 01 1 MODULE * ZENTRON * M25 114-0019 10 ol/owl 5,145-00 OH53 899 532 1811000 187-100 25 01 01 1 MODULE * ZENTRON * M20 063-0327 10 ollomi 1.450.00 01154 899 532 1811000 187-100 25 01 01 1 MODULE * ZENTRON * M25 058-0600 10 ol/oml 5,145.DO 01155 899 532 1811000 187-100 25 01 01 1 RADIO, STANDBY W/SCRAM *MIDLAND* UHF 10 ollomi 1.325-00 0115G 899 532 1811000 187-100 25 01 01 1 RADIO. STANDBY W/SCRAM * MIDLAND * UHF 10 01/01191 1,325.00 01157 899 532 1811000 187-100 25 01 01 1 MODULE * ZENTRON * M3030 0056 10 01/01/91 1,081,00 01158 899 532 1811000 187-100 �5 01 01 1 RADIO * MIDLAND * PREPNET 10 01101191 1,200.00 XSSET VALUATI(:)N SERVICE S, INC. PAGE 6 INSURANCE SUMMARY REPORT PRINT DATE: 5/26195 BY LOCATION, TYPE LOCATION 01 - CITY HALL TOTAL, ASSET TYPE - B - BUILDINGSICONST. TOTAL, ASSET TYPE - I - IMP. OTHER BLDG. TOTAL, ASSET TYPE - M - MACH & EQUIPMENT TOTAL, ASSET TYPE - V - VEHICLES TOTAL: LOCATION 01 - CITY HALL LOCATION 02 - COMMUNITY CENTER TOTAL, ASSET TYPE - B - BUILDINGS/CONST. TOTAL, ASSET TYPE - M - MACH & EQUIPMENT TOTAL- LOCATION 02 - COMMUNITY CENTER LOCATION 03 - MEMORIAL POOL TOTAL, ASSET TYPE - B - BUILDINGSICONST. TOTAL, ASSET TYPE - M - MACH & EQUIPMENT TOTAL: LOCATION 03 - MEMORIAL POOL LOCATION 04 - SENIOR CENTER TOTAL, ASSET TYPE - B - BUILDINGSICONST. TOTAL, ASSET TYPE - I - IMP. OTHER BLDG. TOTAL, ASSET TYPE - M - MACH & EQUIPMENT TION REPLACEMENT $3,308,000.00 $211,800.00 $1,948,890.00 $433,150.00 $5,901,840.00 $680,400.00 $69,695.00 $750,095.00 $1,484,175.00 $47,850.00 $1,532,025.00 $2,450,000.00 $153,000.00 $349,925.00 Aq f'%V. 191Q110A INSURANCE SUMMARY REPORT PRINT DATE: 5/26/95 BY LOCATION, TYPE TOTAL. LOCATION 04 - SENIOR CENTER LOCATION 05 - OLD SENIOR CENTER TOTAL, ASSET TYPE - B - BUILDINGS/CONST. TOTAL, ASSET TYPE - I - IMP. OTHER BLDG. TOTAL- LOCATION 05 - OLD SENIOR CENTER LOCATION 06 - CITY LIBRARY TOTAL, ASSET TYPE - B - BUILDINGS/CONST. TOTAL, ASSET TYPE - I - IMP. OTHER BLDG. TOTAL: LOCATION 06 - CITY LIBRARY LOCATION 07 - FIRE STATION TOTAL, ASSET TYPE - B - BUILDINGS/CONST. TOTAL, ASSET TYPE - I - IMP. OTHER BLDG. TOTAL, ASSET TYPE - M - MACH & EQUIPMENT TOTAL, ASSET TYPE - V - VEHICLES TOTAL: LOCATION 07 - FIRE STATION LOCATION 08 - CORP YARD . TOTAL, ASSET TYPE - B - BUILDINGS/CONST. CES, INC. REPLACEMENT COST $2,952,925.00 $636,855.00 $58,000.00 $694,855.00 jr $865,400.00 $66,500.00 $931,900.00 $1,985,500.00 $149,400.00 $242,065.00 $1,003,600.00 $3,380,565.00 $587,920.00 AS OF: 12/31/94 PRINT DATE: 5/26/95 INSURANCE DETAIL REPORT ITYPE M - MACH & EQUIPMENT BY TYPE, LOCATION, BUILDING AS OF: 12/31194 ASSET NUMBER M DESCRIPTION *MANUFACTURER* MODE[e* SERIALNUMBER DE DATE IN SERVIC REPLACENIENT COW 01165 1 POOL COVER REEL* BUILDING 01 -SENIOR CENTER 01184 800 12/01188 6,100.00 0116G I POOL COVER REEL 800 01/01/88 575.00 01185 800 12/01188 6,100.00 01167 1 COPIER * CANON * NP2015 * 75013108 800 01168 1 FILTER VACUUM, PORTABLE * MAX VAC * 12-814 800 01/01/86 2,300.00 01169 1 SAUNA, 10 X 10'* FINLANDIC * * 800 12/01188 2,850.00 12/29/92 1,500.00 01187 Soo 10/12/94 7,500.00 94022 1 LOT OF MINOR OFFICE EQUIPMENT * (NON -CAPITALIZED) 94023 1 LOT OF OFFICE FURNITURE - (NON -CAPITALIZED) * - 800 1 1,800.00 94024 1 LOT OF MINOR EQUIPMENT * (NON -CAPITALIZED) * - 800 4,100.00 800 10/01/94 1,300.00 800 1 17,100.00 . TOTAL: BUILDING 01 -WILLIAM SHO RE MEM. POOL $47,850.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - TOTAL: LOCATION 03 - MEMORIAL POOL --------------- $47,850.00 LOCATION 04 - SENIOR CENTER BUILDING 01 -SENIOR CENTER 01184 1 TYPEWRITER, MEMORY * CANON * AP830 * P92021186 800 01/01/88 575.00 01185 1 COPIER * XEROX * 5320 * 800 11101/94 5,200.00 01186 1 COMPUTER SYSTEM * AST * BRAVO 4/25S * 800 12/29/92 1,500.00 01187 1 ORGAN, MUSIC COMPUTER * GULBRANSEN'� EQUINOX 120 800 10/01/94 2,800.00 01188 1 TABLE, HOT FOOD * SECO * 4HF * 941418H 800 10/01/94 1,300.00 01189 1 DISHWASHING SYSTEM * JACKSON * SERIES 2000 800 10101t94 15,900.00 01190 1 MIXER, FOOD * BLAKESLEE.* G20 * 44392 800 01101/78 3.800.00 01191 1 OVEN, DOUBLE W/GRILL TOP LANG * * 800 10101/94 5,800.00 01192 1 OVEN, STEAM * CLEVELAND ULTRA 3 - 800 10/01/94 2,900.00 01193. 1 PIANO, UPRIGHT* sAmICK * 800 10/01/94 4,500.00 02544 1 INTERIOR FURNISHINGS* * 800 10/01/94 115.600.00 rilm I vr ru Alqtx PRINT DATE: 5126195 INSURANCE DETAIL REPORT ITYPE M - MACH & EQUIPMENT BY TYPE, LOCATION, BUILDING AS OF: 12131194 1 ASSET NUMBER 9U DESCRIPTION* MANUFAUUREH *MODEL* SERIAL NUMBER DEPT DATE IN SERVIC REPLACEMENr co 02545 1 TELEPHONE SYSTEM* 01256 1 COMPUTER SYSTEM * AST * BRAVO LC 4/50S * TX3CO01136 800 10101194 13,350,00 02546 1 VACUUM SYSTEM* * * 600 11/17/93 Soo 10/01/94 6,800.00 02547 1 COFFEE MAKERJAIRPOTS 1,500.00 01259 1 COPIER * XEROX * 5320 * OM7016102 800 10/01194 1,675.00 02548 1 MOWERtTOOLS * * * 600 06/01/91 800 10/01/94 1,950.00 02549 1 GYM FLOOR COVER * 05101/92 1,500.00 01263 1 SCBA FILLING STATION * COMPO AIR * MAKO 800 10/01/94 900.00 02550 1 WASHER/DRYER 600 10/28/94 800 10/01/94 575.00 02551 1 ARTWORK 600 10/12/94 4,300.00 01266 1 STAIR STEPPER NEXSTEP * 750 800 '10/01/94 1,800.00 02552 1 MISCELLANEOUS START UP ITEMS * �A�� ; 800 10101/94 8,000.00 94025 1 LOT OF FURNITURE a EqUIPMENT * (NON -CAPITALIZED) 800 10101/94 155,000.00 TOTAL: BUILDING 01 - SENIOR CENTER $349,925.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - TOTAL: LOCATION 04 - SENIOR CENTER $349,925.00 LOCATION 07 - FIRE STAT16N - - - - - - - - - - - - -- BUILDING 01 - FIRE STATION 01256 1 COMPUTER SYSTEM * AST * BRAVO LC 4/50S * TX3CO01136 600 07121194 3,125.00 01257 1 COMPUTER SYSTEM * AST * BRAVO LC 4/33 * USC7015615 600 11/17/93 2,750.00 01258 1 COMPUTER SYSTEM * AST * BRAVO LC 4/25S * USL3004848 600 12129/92 1,500.00 01259 1 COPIER * XEROX * 5320 * OM7016102 600 01/01/93 2,200.00 01260 1 COMPUTER SYSTEM * EPSON * 386125 PLUS * 1000659 600 06/01/91 1,500.00 01261 1 COMPUTER SYSTEM * EPSON * 386/33 PLUS * 2011172 600 05101/92 1,500.00 01263 1 SCBA FILLING STATION * COMPO AIR * MAKO 600 01/01/89 3,500.00 01264 1 TV, BIG SCREEN, 50" * MITSUBISHI * VS -5052 600 10/28/94 2,100.00 01265 1 GYM, -4 STATION CALIFORNIA GYM 600 10/12/94 4,300.00 01266 1 STAIR STEPPER NEXSTEP * 750 600 10/12194 1,600.00 33SET VALUATION SERVICES, INC. �A�� ; PRINT DATE: 5/26/95 ILOCATION 02 - COMMUNITY� CTrT-ur irun-l-ANILIBLIM5 PHYSICAL LOCATION REPORT BY LOCATION, BUILDING, DEPARTMENT AS OF: 12131/94 ASSET ACQUISITION REPLACEMENT DE NUMBER -m i)EscgjprioN'MANUFAGTURER-MODIEL-SERI�LNUNIBER LIM DAT Co CO I BUILDING 01 - VERN BURTON COMM. CTR. 800 01131 1 COMPUTER SYSTEM, 486SX - AST - BRAVO 4/25S - USL3004867 800 01134 1 TYPEWRITER * CANON * AP500 * 800 01135 1 COPIER * CANON * NP3525F * CCJOI 133 800 01136 1 COMPUTER SYSTEM, 80286 * HEWLETT PACKARD * VECTR * 3007A83103 800 01137 1 COMPUTER SYSTEM * EPSON * EQUITY 386/25 * 5591000475 800 01138 1 COMPUTER SYSTEM, 486SX * AST * BRAVO LC4/25S * TXC5003139 800 01139 1 LIFT, ONE-MAN, 24'11 * GENIE * PLC -24 * 7-14996 800 01140 1 REFRIGERATOR, WALK-IN - MASTER BILT * 800 01141 1 ICE MACHINE * SCOTSMAN * * 800 01142 1 DISHWASHING SYSTEM* JACKSON* 150B * 5755M 800 01143 1 OVEN, CONVECTION * US RANGE 369750 800 01434 00 1 CONSTRUCTION, VERN BURTON GTR. 28,772 SP, CONSTRUCTED 1940 800 01434 01 1 VERN BURTON COMMUNITY CENTER, ACQUIRED 1979 800 01434 02 1 VERN BURTON COMMUNITY CENTER, REMODELLED 1992 800 94019 1 LOT OF MINOR OFFICE EQUIPMENT * (NON -CAPITALIZED) 800 94020 1 LOT OF OFFICE FURNITURE * (NON -CAPITALIZED) * * 800 94021 1 LOT OF MINOR EQUIPMENT * (NON -CAPITALIZED) * * SERVICES, INC. 5 12/29/92 1,726.00 1,500.00 10 01/01/85 1,736.00 575.00 10 01101/87 5,495.00 4,500.00 5 06/01/89 3,240.00 1,000.00 5 06101/92 2,514.00 1,500.00 5 01/10194 1,511.70 1,506.00 15 01/01/88 3,317.00 3,90U.00 15 01/01/80 4,266.00 5,400.00 15 01/01/85 1,786.00 2,750.00 15 01/01/80 4,366.00 5,900.00 15 01101/80 2,030.00 2,670.00 680,400.00 40 01/01/79 - 217,728.00 35 01/01/92 207,360.00 TOTAL* BUILDING 01 - VERN BURTON COMM. CTR. TOTAL: LOCATION 02 - COMMUNITY CENTER $457,075.70 $457,075.70 4,400�000 25,700 0 8,400.00 $750,095.00 1 $750,095.00 1 PRINT DATE: 5126/95 FLOCATION�31 MEMORIAL POOLJ CITY OF PORT ANGELES PHYSICAL LOCATION REPORT BY LOCATION, BUILDING, DEPARTMENT ASSET DE12- NUMBER M DMCRI rION-�jArjMCTUg EIt*mODEL*5EgiALNmjBEg BUILDING ol -WILLIAM SHORE MEM. POOL 800 01165 1 POOL COVER REEL* * * 800 01166 1 POOL COVER REEL* * * 800 01167 1 COPIER * CANON - NP2015 * 75013108 800 800 01168 01169 1 1 FILTER VACUUM, PORTABLE - MAX vAc * 12-814 SAUNA, 10 X 10'* FINLANDIC * * 800 800 0143500 0143501 1 1 CONSTRUCTION, WM SHORE MEM. POOL, 15,390 SF, CONSTR. 1962 MARATHON LOCIORS SYSTEM* * 800 800 800 94022 94023 94024 1 1 1 LOT OF MINOR OFFICE EQUIPMENT * (NON -CAPITALIZED) LOT OF OFFICE FURNITURE * (NON -CAPITALIZED) * LOT OF MINOR EQUIPMENT * (NON -CAPITALIZED) - AS OF. 12/31194 ACQUISITION REPLAC11JENT DATZ COST 15 12/01/88 5,250.00 15 12/01/88 5,250.00 10 01/01/86 3,195.00 7 12/01188 2,000.00 10 10/12/94 I 7,445.52 50 05/0i/62 304,645.00 40 05/31/94 10,554.78 TOTAL: BUILDING 01 -WILLIAM SHORE MEM. POOL $338,340.30 6,100.0( 61100.0( 2,300.00 2,850.00 7,500.00 1,473,575.00 10,600.00 11800.00 4,100.00 17,100.00 $1,532,025.00 TOTAL: LOCATION 03 - MEMORIAL POOL $338,340.30 $1,532,025.001