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Olson/Kalispell Airport Project ProposalOLSON LAND SERVICES March 3, 2008 Ronald E. Olson 860 Strawberry Drive Helena, MT 59601 Phone (406) 443-4005 Cell (406) 431-6854 Email: ols@bresnan.net Subject: Kalispell Airport Project Boyd Darlow 205 Katy Court Helena, MT 59602 Phone (406) 458-0125 Cell (406) 431-4997 Email: utahjazz@bresnan.net After reviewing the preliminary Right -of -Way Plans for Kalispell Airport, there are 10 parcels on the project. Five parcels are complex acquisitions involving improvements and/or total acquisitions and 5 are partial acquisitions. There are also 6 parcels requiring residential relocations and 3 parcels requiring business relocations. The following proposal is submitted: Complex Acquisition Parcels (2E), (2FA), (2JA,2J,2JB), ( 6D, 6+) , (5, SH, 5J, 5GC, 12B) 5 @ $1, 500 = $ 7,500 Partial Acquisition Parcels (2+), (2G), (2M), (5BB), (5HA) 5 @ $1,250 = $ 6,250 Residential Relocations (4 on 5GC), (2 located on 6D,6+) 6 @ $3,500 = $21,000 Business Relocations (2E) , (2FA) , (2JA, 2J, 2JB) 3 @ $2,000 = $ 6,000 Deeds/Easement Preparation 10 @ $125 = $ 1,250 TOTAL = $42,000 Per the attached proposal from William Ferro, MAI, dba Ferro Appraisal Services, Inc., the cost of the appraisals is $30,000. J. Michael Joki, MAI, SRA, dba Joki and Associates Real Estate Appraisers will do the review appraisals at a cost of $15,000 (500 of appraisal cost). I am looking forward to working with you in the successful completion of the right-of-way acquisition on the Kalispell Airport Project. If you have any questions, please contact me. Thank you. Ronald E. Olson Professiona/LandAcgmisit/on Services Toll Free 1-877-406-4005 Fax (406) 458-0125 FERRO APPRAISAL SERVICES, INC. P.O. Box 2032, Great Falls, MT 59403-2032 (406) 761-4204 WILLIAM FERRO, MAI - MAI�e� February 28, 2008 Mr. Ron Olson 860 Strawberry Drive Helena, MT 59601 RE: Project Kalispell City Airport Dear Ron: Pursuant to our conversation, I am submitting the following bids to per form appraisals for the above referenced project. The appraisals will be submitted on forms similar to MDT form 455. Sales catalog $ 5,000 5 Simple Form 455 @ $1,500/ea. 7,500 5 Complex Form 455 @ $3,500/ea. 17.500 Total $30,000 The above estimates are based on the plans you supplied me and my personal inspection of the project on February 27, 2008. If it is found after a complete inspection of a property that an appraisal type changes for an individual parcel, the fee for that parcel will be renegotiated. I hope to be working with you on this project. Sincerely, FERRO APPRAISAL SERVICES, INC. By: William Ferro, MAI President WAF:cf