Agenda - Economic Development Authority - 07/09/2015

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Proposal for Investigative Services — Life Fitness Renewal June 15, 2015 Page 4 ASSUMPTIONS 1. LHB will inspect one building on the interior and an exterior analysis of the larger Life Fitness facility. We will evaluate the coverage of three separate parcels. The Client will provide the following: • A scalable parcel map and/or aerial photo of the area to be inspected, including GIS information with specific parcel data, including parcel area measured in square feet. • A list of all parcels affected including name of owner, current known business or resident name and address. • Available information regarding the condition of the structures, including past building permit information, and known code violations. STANDARD OF CARE LHB shall perform services consistent with the professional skill and care ordinarily provided by other professionals practicing in the same or similar locality under the same or similar circumstances. Any report prepared by LHB represents a professional opinion based upon information available and arrived at in accordance with generally accepted professional standards. Other than as contained in the report, LHB makes no express or implied warranty. Short of complete deconstruction to examine every element at every location, no assessment can reveal all conditions which may exist. Additional testing, assessment, or demolition, may uncover conditions which would make it necessary to modify LHB's conclusions or recommendations. Any report prepared for the purpose described in this Agreement is for the exclusive use by those to whom the report is addressed. LHB will not and cannot be held liable for the unauthorized reliance upon this report by any third party. COMPENSATION We propose to work on an hourly basis with the following key staff: Project Principal, Michael Fischer (TIF analysis) $242/hour Project Manager $140/hour Project Architect/Inspector $120/hour Project Administrator $80/hour We will work on an hourly basis not to exceed $3,400 plus reimbursable expenses for a full report outlining the findings for the proposed TIF District. Payments are due and payable upon receipt of our invoice. Unpaid balances 60 -days after invoice date shall bear interest at the rate of 8% annually.