Red Eagle Appraisal ASeptember 30, 2003
Mr. William Ferro
Ferro Appraisal Services, Inc.
P.O. Box 2032
Great Falls, MT 59403
Dear Bill:
The City of Kalispell needs to obtain an appraisal of land and facilities in Kalispell
Montana. We would like to identify your interest in doing this work as an appraiser,
or review appraiser, your past experience, your potential schedule and fees. We
assume your firm is familiar with the Uniform Relocation Assistance and Real
Property Acquisition Policies Act of 1970, 49CFR Part 24 and FAA Order 5100.37A
which will be used as guidance on acquisitions for this project.
The need for the appraisal is to identify the Fair Market Value (FMV) for acquisition
of all land and facilities at the business know as Red Eagle Aviation. Currently, Red
Eagle Aviation owns roughly 3.1 acres of land adjacent to U.S. Highway 93. They
have a hangar/office building, a T-hangar unit, underground fuel tanks and fuel
pumps for aircraft. Their hangar/office building fronts onto the Kalispell City Airport
and is connected by an easement to Highway 93. A Title Report has been ordered
and should be available soon.
Robert Peccia & Associates has been hired by the City of Kalispell as their Airport
Engineer to guide them in hiring an Appraiser and Review Appraiser. Those
individuals / firms would determine the FMV to buy the Red Eagle Aviation
Property. The buildings and fueling system would also have to be removed. If there
are salvage value or relocation possibilities these should be identified. The Owner
understands the acquisition and is cooperative.
Your firm has the credentials to provide the information that the City of Kalispell
needs to further this acquisition. Your timely response to the items in the first
paragraph will be greatly appreciated. We would like to make a recommendation for
an Appraiser and Review Appraiser to the City by October 10th. Thanks and we look
forward to hearing from you. If you have any questions please call or email
phil@rpa-hln.com.
Sincerely
ROBERT PECCIA & ASSOCITATES
Phil Porrini, P.E.
Vice President
CIVIL
TRANSPORTATION
ENVIRONMENTAL
ENGINEERS
P.O. Box 5653
825 Custer Avenue
Helena, Montana 59601
(406)447-5000
FAX (406)447-5036
www.rpa-hln.com