9.1. SR 07-21-2014 - Laserfiche WebLink

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Attachment E. Land Acquisition Reporting Procedures Outdoor Heritage Fund (December 201 1 —repiaces septemUer,201 1 version) Section 1 —Grant acquisition procedures for all land 1. Valuation/Appraisal a. No appraisal is required if the land is valued at $20,000 or less. However, the grant recipient must provide documentation on how the value was determined: b. For all other properties, an appraisal must be prepared by a Certified General Level 4 appraiser licensed in Minnesota. i. The appraisal must be prepared in conformity with the guidelines titled "Uniform Standards of Professional. Appraisal Practice" and Minnesota DNR "Supplemental. Appraisal and Appraisal Review Guidelines ". 'ii. In order to ensure compliance with the applicable appraisal standards, your written assignment instructions to the appraiser must be included as an addendum of the appraisal report. ill. The appraiser must use the DNR certification forri. iv. The DNR must be named as an untended user of the appraisal report. v. The intended use shall include negotiation and grant reimbursement. vi. If the value is less than $100,000, a summary appraisal report is acceptable. vii. If the value is greater than$10 million, two appraisals are required and the DNR must be involved in writing the appraisal scope of work to be provided to the appraisers. Contact Cindy Nathan at: cindy.nathan cr stateami.us 2. Appraisal Review a. The appraisal review must be prepared in conformity with the "Unifonn Standards of Professional Appraisal Practice" and the current Minnesota DNR"Supplemental Appraisal and Appraisal Review Guidelines". b. For properties valued up to $1,000,000, an appraisal review must be conducted by the grant recipient. i., The grant recipient may conduct an administrative review for properties valued up to $500,000. The grant recipient must use the DNR administrative review checklist. All elements of the checklist must be nnet. ii. Technical reviews are required for properties valued over$500,000. The grant recipient shall contract for the appraisal review for properties valued up to $1,000;000. (a) The grant recipient must use a teclnical reviewer on the list provided by the DNR. (b) The DNR must be named as an intended user of the appraisal review report. (c) The intended use shall be to assure reliability and credibility of the appraisal for use in reimbursement of grant monies. (d) The reviewer must use the DNR Reviewer Certification fonn. (e) The appraisal must be recommended. c. For properties valued greater than $1,000,000, the technical appraisal review will be conducted by the DNR. i. The grant recipient must provide the acquisition packet information to Cindy Nathan prior to the review request. ii. The DNR must be named-as an intended user of the appraisal review report. iii. The intended use shall be to assure reliability and credibility of the appraisal for use in reimbursement of grant money. Attachment E: I