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AG 17-068RETURN TO: PW ADMIN EXT: 2700 ID# D/ CITY OF FEDERAL WAY LAW DEPARTMENT ROUTING FORM 1. ORIGINATING DEPT /DIV: PUBLIC WORKS / 2. ORIGINATING STAFF PERSON: E S et I �■,\ EXT: a 7 \3 3. DATE REQ. BY: A-SA)? 4. TYPE OF DOCUMENT (CHECK ONE): ❑ CONTRACTOR SELECTION DOCUMENT (E.G., RFB, RFP, RFQ) ❑ PUBLIC WORKS CONTRACT ❑ SMALL OR LIMITED PUBLIC WORKS CONTRACT /Q) PROFESSIONAL SERVICE AGREEMENT Et MAINTENANCE AGREEMENT ❑" GOODS AND SERVICE AGREEMENT ❑ HUMAN SERVICES / CDBG ❑ REAL ESTATE DOCUMENT ❑ SECURITY DOCUMENT (E.G. BOND RELATED DOCUMENTS) ❑ ORDINANCE ❑ RESOLUTION ❑ CONTRACT AMENDMENT (AG #): ❑ INTERLOCAL ❑ OTHER 5. PROJECT NAME: Av .z'Sc.\ r*- 1 ∎ \ \5�� ..\c`"L� �2:I ∎o) LGStrwxv� AcT. .011.0 1 6. NAME OF CONTRACTOR: V CA\or- y_, �ro�tC1y A-Qi v15o (5 v ADDRESS: . 504 4 2 # 0. 1 e . _ . Sc).■ +e� 1 CD\ Sea f t ■L 1-1h 9$ I O.A TELEPHONE: Z OF, - )D 14 E -MAIL: Mbrr..c -Fctt* Q Vo.1br 0 . cc, "\ FAX: y 2s -68g_ 181j. SIGNATURE NAME: ' PA Jt t4A ? r4ch..tN- TITLE: -51- "e+*monb c c.FoC 7. EXHIBITS AND ATTACHMENTS: [COPE, WORK OR SERVICES cooCOMPENSATION ❑ INSURANCE REQUIREMENTS /CERTIFICATE ❑ ALL OTHER REFERENCED EXHIBITS ❑ PROOF OF AUTHORITY TO SIGN ❑ REQUIRED LICENSES ❑ PRIOR CONTRACT /AMENDMENTS CFW LICENSE # BL, EXP. 12/31/ UBI # , EXP. / / 8. TERM: COMMENCEMENT DATE: (-II. I \, COMPLETION DATE: 8I \ 1 9. TOTAL COMPENSATION: $ J ®� (INCLUDE EXPENSES AND SALES TAX, IF ANY) (IF CALCULATED ON HOURL LABOR CHARGE - ATTACH SCHEDULES OF EMPLOYEES TITLES AND HOLIDAY RATES) REIMBURSABLE EXPENSE: ❑ YES r:NO IF YES, MAXIMUM DOLLAR AMOUNT: $ N1 A- IS SALES TAX OWED: ❑ YES 1 NO IF YES, $ N \ .& PAID BY: ❑ CONTRACTOR ❑ CITY RETAINAGE: RETAINAGE AMOUNT: N II} ❑ RETAINAGE AGREEMENT (SEE CONTRACT) OR r, RETAINAGE BOND PROVIDED PURCHASING: PLEASE CHARGE To: 3fl 5 I " 0°0 - I 0 1 - SC1 4 -3 g - cl 10 10. (DOCUMENT / CONTRACT REVIEW INITIAL / DATE REVIEWED INITIAL / DATE APPROVED ❑ PROJECT MANAGER ❑ DIVISION MANAGER ❑ DEPUTY DIRECTOR S., 4 117117 ❑ DIRECTOR ii' i7 `C 1 y+o ❑ RISK MANAGEMENT (IF APPLICABLE) ❑ LAW DEPT 11. COUNCIL APPROVAL (IF APPLICABLE) COMMITTEE APPROVAL DATE: COUNCIL APPROVAL DATE: 12. CONTRACT SIGNATURE ROUTING (, �-j DATE RECD: �'I 117 fr SENT TO VENDOR/CONTRACTOR DATE SENT: M `f' goATTACH: SIGNATURE AUTHORITY, INSURANCE CERTIFICATE, LICENSES, EXHIBITS /CREATE ELECTRONIC REMINDER/NOTIFICATION FOR 1 MONTH PRIOR TO EXPIRATION DATE (INCLUDE DEPT. SUPPORT STAFF IF NECESSARY AND FEEL FREE TO SET NOTIFICATION MORE THAN A MONTH IN ADVANCE IF COUNCIL APPROVAL IS NEEDED.) INITIAL / DATE S/GNNEE ■ DEPT tf2 1I e' (LAW SIGNATOR :l17i7.i� ' OR DIRECTOR) Scs_ 0, ,_ 1 1'1 k 1 -- arm- o U IT • ASSIGNED AG # AG# - , , • rzioSIGNED COPY RETURNED DATE SENT: 0+20 - I} RETURN ONE ^OTUGINA' c= 9c,r,,,„etk COMMENTS: EXECUTE "& ORIGINALS 3/2017 �./ Valbridge PROPERTY Allen Brackett Shedd Macaulay & Associates April 17, 2017 Corporate Office Smith Tower 506 2nd Avenue Suite 1001 Seattle, WA 98104 206 - 209 -3016 phone 425 - 688 -1819 fax Mr. Edward Walsh, Deputy Public Works Director City of Federal Way 33325 8th Avenue S. Federal Way, WA 98003 ( edward .walsh @cityoffederalway.com) 2927 Colby Avenue Suite 100 Everett, WA 98201 425 -258 -2611 phone 425 - 252 -1210 fax 18728 Bothell Way NE Suite B Bothell, WA 98011 425 - 450 -4040 phone 425 - 688 -1819 fax 419 Berkeley Avenue Suite A Fircrest, WA 98466 253 - 274 -0099 phone 425 - 688 -1819 fax valbridge.com RE: APPRAISAL OF HILLSIDE PLAZA PROPERTY, RELATIVE TO AN OPERATIONS EASEMENT AGREEMENT (OEA), FEDERAL WAY, WASHINGTON Dear Mr. Walsh: As requested, we have reviewed information relating to the property referenced above for the purpose of estimating a fee and timing for completion of a Narrative Appraisal Report. The purpose of the appraisal is to provide an opinion of market value to assist in negotiations to release an existing Operation and Easement (OEA) agreement. Our report will conform to Uniform Standards of Professional Appraisal Practice. Briefly, the Hillside Plaza property is comprised of a single tax parcel cor zoned land, situated at 2000 S. 314th Street in Federal Way. It is imp multi- tenant shopping center, containing at total of roughly 114,000 sq The subject, along with the vacated Target store to the south are bound permitted uses and parking, and was recorded when the project was origi wishes to release the OEA. The report can be completed within 45 days fee of $9,500. This fee quote and timing is valid for one week from the da proceed with this assignment, we need the following information: taining 8.86 acres of CC -F roved with a commercial are feet of finished space. y an OEA which relates to sally developed. The client f authorization, for a total e of this letter. In order to 1. A signed copy of the enclosed contract, or equivalent, returned to 2. Copy of OEM agreement (received). 3. Copy of most recent title report, if available. 4. Copy of subject property floor plans, if available. 5. 2014, 2015, and 2016 operating history, if available. 6. Current rent roll for the building. 7. Contact information for inspection purposes. 44577mb.doc — Copyright © 2017 us. Thank you for your consideration. We look forward to the opportunity of working with you. Please call if you have any questions. Sincerely, VALBRIDGE PROPERTY ADVISORS 1 ALLEN BRACKETT SHEDD S. Murray Brackett, MAI Valbridge Property Advisors 1 Allen Brackett Shedd 44577mb.doc — Copyright © 2017 CONTRACT FOR CONSULTING /APPRAISAL SERVICES VALBRIDGE PROPERTY ADVISORS 1 ALLEN BRACKETT SHEDD, herein referred to as the "Consultant," and THE CITY OF FEDERAL WAY herein referred to as the "Client," hereby agree and contract as follows: Contract Work The Consultant will provide a Narrative Appraisal Report of the property at 2000 S. 314th Street in Federal Way, Washington. We will develop and report our services in conformity with and subject to the requirements of the Code of Ethics & Standards of Professional Appraisal Practice of the Appraisal Institute. The purpose of the appraisals is to provide an opinion of the market value of the property relative to the proposed relinquishment of an OEA agreement. The Consultant will provide the Client with a Narrative Appraisal Report in PDF format within 45 days of authorization to proceed. II. Contract Sum The Consultant will perform the services outlined above on a fixed fee basis of $9,500. If further consultation or court testimony is required, the additional charge is $350 per hour. III. Time of Payment The Consultant shall submit a statement at the completion. Payment shall be due on the date of the statement and shall be deemed delinquent if not made within 30 days of the due date. Delinquent payments shall accrue interest at the rate of 18% per annum from the due date. Should it be necessary for the Consultant to employ the services of an attorney or begin legal proceedings to collect any delinquent payments, the Client shall be liable to the Consultant for a reasonable attorney's fee and the court costs incurred. IV. Termination In the event the consulting services are stopped by the Client at any time, the Consultant's fee shall be calculated, due and payable on the basis of the Consultant's fee schedule in effect on the date of the contract, and the actual hours and direct non -salary expenses incurred to the date of termination. April 17, 2017 By: DATE VALBRIDGE PROPERTY ADVISORS' ALLEN BRACKETT SHEDD 4/71-2 DATE By: Valbridge Property Advisors 1 Allen Brackett Shedd 44577mb.doc — Copyright © 2017 AFRO® CERTIFICATE OF LIABILITY INSURANCE DATE (MM/DD/YYYY) 04/17/2017 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER Soloman Insurance LLC 415 Berkeley Ave y Fircrest WA 98466 -CONTACT NAME: Scott Seitz PHONE FAX ((A/c, No, Ext): (253) 566 -1069 (ac, No): 866- 566 -0991 E-MAIL ADDRESS: scott@solomanins.com INSURER(S) AFFORDING COVERAGE NAIC # INSURER A : Hartford Casualty Insurance Company LIABILITY COMMERCIAL GENERAL LIABILITY INSURED Bruce C. Allen & Associates, A Washington Corporation DBA: Valbridge Property Advisors /Allen Brackett Shedd 18728 Bothell Way NE, Suite B Bothell, WA 98011 INSURER B : 52 SBA VX2197 INSURER C : 04/01/18 INSURER D : $ 2,000,000 INSURER E : $ INSURER F : $ 10 000 COVERAGES CERTIFICATE NUMBER: REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE NSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. TR TYPE OF INSURANCE N SR W VD POLICY NUMBER (MM /D /Y POLICY EXP (MM/DD/YYYY) LIMITS A GENERAL J LIABILITY COMMERCIAL GENERAL LIABILITY X X 52 SBA VX2197 04/01/17 04/01/18 EACH OCCURRENCE $ 2,000,000 PREMISES (Ea occurrence) $ MED EXP (Any one person) $ 10 000 CLAIMS -MADE 4 OCCUR PERSONAL B ADV INJURY $ 2,000,000 GENERAL AGGREGATE $ 4,000,000 PRODUCTS - COMP /OP AGG $ 4,000,000 GEN'L AGGREGATE 7 POLICY J LIMIT APPLIES PER: jE O ^ LOC $ A AUTOMOBILE LIABILITY ANY AUTO ALL O AUTOS HIRED AUTOS _ SCHEDULED OBODILY AUTOS NON -OWNED AUTOS X X 52 SBA VX2197 04/01/17 04/01/18 Ea COMaccidBINEent) D SINGLE LIMIT ( $ 2,000,000 BODILY INJURY (Per person) $ INJURY (Per accident ) $ PROPER I UAMAL,t (Per accident) $ $ A J UMBRELLA LIAB EXCESS LIAB J OCCUR CLAIMS -MADE X X 52 SBA VX2197 04/01/17 04/01/18 EACH OCCURRENCE $ 1,000,000 AGGREGATE $ 1,000,000 $ DED 4 RETENTION $ 10,000 A WORKERS COMPENSATION AND EMPLOYERS' LIABILITY OFFICER/MEMBER PROPRIETOR/PARTNER/EXECUTIVE (Mandatory in NH) If yes, describe under DESCRIPTION OF OPERATIONS below Y/N N/A X 52SBAVX2197 04/01/17 04/01/18 WC STATU- 0TH- TORY LIMITS ER STOP GAP COV E.L. EACH ACCIDENT $ 1,000,000 E.L. DISEASE - EA EMPLOYEE $ 1,000,000 E.L. DISEASE - POLICY LIMIT $ 1 ,000,000 DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (Attach ACORD 101, Additional Remarks Schedule, if more space is required) Those usual to the Insured's Operations. City of Federal Way and it's employees are named as additional insured on this policy. CERTIFICATE HOLDER CANCELLATION City of Federal Way 33325 8th Avenue S. Federal Way I WA 98003 SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE is,/ $call. A S ACORD 25 (2010/05) © 1988-2010 ACORD CORPORATION. All rights reserved. The ACORD name and logo are registered marks of ACORD (b) Rented to, in the care, custody or control of, or over which physical control is being exercised for any purpose by you, any of your "employees ", "volunteer workers ", any partner or member (if you are a partnership or joint venture), or any member (if you are a limited liability company). b. Real Estate Manager Any person (other than your "employee" or "volunteer worker "), or any organization while acting as your real estate manager. c. Temporary Custodians Of Your Property Any person or organization having proper temporary custody of your property if you die, but only: (1) With respect to liability arising out of the maintenance or use of that property; and (2) Until your legal representative has been appointed. d. Legal Representative If You Die Your legal representative if you die, but only with respect to duties as such. That representative will have all your rights and duties under this insurance. e. Unnamed Subsidiary Any subsidiary and subsidiary thereof, of yours which is a legally incorporated entity of which you own a financial interest of more than 50% of the voting stock on the effective date of this Coverage Part. The insurance afforded herein for any subsidiary not shown in the Declarations as a named insured does not apply to injury or damage with respect to which an insured under this insurance is also an insured under another policy or would be an insured under such policy but for its termination or upon the exhaustion of its limits of insurance. 3. Newly Acquired Or Formed Organization Any organization you newly acquire or form, other than a partnership, joint venture or limited liability company, and over which you maintain financial interest of more than 50% of the voting stock, will qualify as a Named Insured if there is no other similar insurance available to that organization. However: a. Coverage under this provision is afforded only until the 180th day after you acquire or form the organization or the end of the policy period, whichever is earlier; and BUSINESS LIABILITY COVERAGE FORM b. Coverage under this provision does not apply to: (1) "Bodily injury" or "property damage" that occurred; or (2) "Personal and advertising injury" arising out of an offense committed before you acquired or formed the organization. 4. Operator Of Mobile Equipment With respect to "mobile equipment" registered in your name under any motor vehicle registration law, any person is an insured while driving such equipment along a public highway with your permission. Any other person or organization responsible for the conduct of such person is also an insured, but only with respect to liability arising out of the operation of the equipment, and only if no other insurance of any kind is available to that person or organization for this liability. However, no person or organization is an insured with respect to: a. "Bodily injury" to a co- "employee" of the person driving the equipment; or b. "Property damage" to property owned by, rented to, in the charge of or occupied by you or the employer of any person who is an insured under this provision. 5. Operator of Nonowned Watercraft With respect to watercraft you do not own that is less than 51 feet long and is not being used to carry persons for a charge, any person is an insured while operating such watercraft with your permission. Any other person or organization responsible for the conduct of such person is also an insured, but only with respect to liability arising out of the operation of the watercraft, and only if no other insurance of any kind is available to that person or organization for this liability. However, no person or organization is an insured with respect to: a. "Bodily injury" to a co-"employee" of the person operating the watercraft; or b. "Property damage" to property owned by, rented to, in the charge of or occupied by you or the employer of any person who is an insured under this provision. Additional Insureds When Required By Written Contract, Written Agreement Or Permit The person(s) or organization(s) identified in Paragraphs a. through f. below are additional insureds when you have agreed, in a written Form SS 00 08 04 05 Page 11 of 24 BUSINESS LIABILITY COVERAGE FORM contract, written agreement or because of a permit issued by a state or political subdivision, that such person or organization be added as an additional insured on your policy, provided the injury or damage occurs subsequent to the execution of the contract or agreement, or the issuance of the permit. A person or organization is an additional insured under this provision only for that period of time required by the contract, agreement or permit. However, no such person or organization is an additional insured under this provision if such person or organization is included as an additional insured by an endorsement issued by us and made a part of this Coverage Part, including all persons or organizations added as additional insureds under the specific additional insured coverage grants in Section F. — Optional Additional Insured Coverages. a. Vendors Any person(s) or organization(s) (referred to below as vendor), but only with respect to "bodily injury" or "property damage" arising out of "your products" which are distributed or sold in the regular course of the vendor's business and only if this Coverage Part provides coverage for "bodily injury" or "property damage" included within the "products- completed operations hazard ". (1) The insurance afforded to the vendor is subject to the following additional exclusions: This insurance does not apply to: (a) "Bodily injury" or "property damage" for which the vendor is obligated to pay damages by reason of the assumption of liability in a contract or agreement. This exclusion does not apply to liability for damages that the vendor would have in the absence of the contract or agreement: (b) Any express warranty unauthorized by you; (c) Any physical or chemical change in the product made intentionally by the vendor; (d) Repackaging, except when unpacked solely for the purpose of inspection, demonstration, testing, or the substitution of parts under instructions from the manufacturer, and then repackaged in the original container; (e) Any failure to make such inspections, adjustments, tests or servicing as the vendor has agreed to make or normally undertakes to make in the usual course of business, in connection with the distribution or sale of the products; (f) Demonstration, installation, servicing or repair operations, except such operations performed at the vendor's premises in connection with the sale of the product; Products which, after distribution or sale by you, have been labeled or relabeled or used as a container, part or ingredient of any other thing or substance by or for the vendor; or (h) "Bodily injury" or "property damage" arising out of the sole negligence of the vendor for its own acts or omissions or those of its employees or anyone else acting on its behalf. However, this exclusion does not apply to: (g) (i) The exceptions contained in Subparagraphs (d) or (f); or (ii) Such inspections, adjustments, tests or servicing as the vendor has agreed to make or normally undertakes to make in the usual course of business, in connection with the distribution or sale of the products. (2) This insurance does not apply to any insured person or organization from whom you have acquired such products, or any ingredient, part or container, entering into, accompanying or containing such products. b. Lessors Of Equipment (1) Any person or organization from whom you lease equipment; but only with respect to their liability for "bodily injury ", "property damage" or "personal and advertising injury" caused, in whole or in part, by your maintenance, operation or use of equipment leased to you by such person or organization. Page 12 of 24 Form SS 00 08 04 05 (6) (7) When You Are Added As An Additional Insured To Other Insurance That is other insurance available to you covering liability for damages arising out of the premises or operations, or products and completed operations, for which you have been added as an additional insured by that insurance; or When You Add Others As An Additional Insured To This Insurance That is other insurance available to an additional insured. However, the following provisions apply to other insurance available to any person or organization who is an additional insured under this Coverage Part: (a) Primary Insurance When Required By Contract This insurance is primary if you have agreed in a written contract, written agreement or permit that this insurance be primary. If other insurance is also primary, we will share with all that other insurance by the method described in c. below. (b) Primary And Non - Contributory To Other Insurance When Required By Contract If you have agreed in a written contract, written agreement or permit that this insurance is primary and non - contributory with the additional insured's own insurance, this insurance is primary and we will not seek contribution from that other insurance. Paragraphs (a) and (b) do not apply to other insurance to which the additional insured has been added as an additional insured. When this insurance is excess, we will have no duty under this Coverage Part to defend the insured against any "suit" if any other insurer has a duty to defend the insured against that "suit ". If no other insurer defends, we will undertake to do so, but we will be entitled to the insured's rights against all those other insurers. BUSINESS LIABILITY COVERAGE FORM When this insurance is excess over other insurance, we will pay only our share of the amount of the loss, if any, that exceeds the sum of: (1) The total amount that all such other insurance would pay for the loss in the absence of this insurance; and (2) The total of all deductible and self - insured amounts under all that other insurance. We will share the remaining loss, if any, with any other insurance that is not described in this Excess Insurance provision and was not bought specifically to apply in excess of the Limits of Insurance shown in the Declarations of this Coverage Part. c. Method Of Sharing If all the other insurance permits contribution by equal shares, we will follow this method also. Under this approach, each insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the loss remains, whichever comes first. If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurer's share is based on the ratio of its applicable limit of insurance to the total applicable limits of insurance of all insurers. 8. Transfer Of Rights Of Recovery Against Others To Us a. Transfer Of Rights Of Recovery If the insured has rights to recover all or part of any payment, including Supplementary Payments, we have made under this Coverage Part, those rights are transferred to us. The insured must do nothing after loss to impair them. At our request, the insured will bring "suit" or transfer those rights to us and help us enforce them. This condition does not apply to Medical Expenses Coverage. b. Waiver Of Rights Of Recovery (Waiver Of Subrogation) If the insured has waived any rights of recovery against any person or organization for all or part of any payment, including Supplementary Payments, we have made under this Coverage Part, we also waive that right, provided the insured waived their rights of recovery against such person or organization in a contract, agreement or permit that was executed prior to the injury or damage. Form SS 00 08 04 05 Page 17 of 24 ,acoR $ CERTIFICATE OF LIABILITY INSURANCE ‘.......-% DATE(MM /DD/YYYY) 04/17/2017 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER LIA ADMIN. & INSURANCE SERVICES 1600 ANACAPA STREET SANTA BARBARA, CA 93101 CONTACT PATRICK CORAY PHONE (AIC, No, E.t ):805- 963 -6624 FAX No): 805-962-0652 E -MAIL ESS: PATRICK @LIABILITY.00M ADDR DAMAGE TO RENTED PREMISES (Ea occurrence $ INSURER(S) AFFORDING COVERAGE NAIC0 INSURER A: ASPEN SPECIALTY INSURANCE COMPANY 10717 INSURED BRUCE C, ALLEN & ASSOCIATES, INC. DBA: ALLEN BRACKET SHEDD DBA: VALBRIDGE PROPERTY ADVISORS 18728 BOTHELL WAY NE, SUITE B BOTHELL, WA 98011 INSURER B : $ INSURER C: AUTOMOBILE LIABILITY _-. INSURER D: INSURERE: COMBINED SINGLE LIMIT accident) S_ INSURER F : COVERAGES CERTIFICATE NUMBER: REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR TYPE OF INSURANCE LTR ADDL SUBR INSR WVD POLICY EFF ' POLICY EXP POLICY NUMBER (MMIDDIYYYY) (MMIDDIYYYY) LIMITS GENERAL LIABILITY COMMERCIAL GENERAL LIABILITY — CLAIMS -MADE OCCUR e EACH OCCURRENCE $ DAMAGE TO RENTED PREMISES (Ea occurrence $ MED EXP (Any one person) I $ ! PERSONAL & ADV INJURY IIII $ ''. GENERAL AGGREGATE $ GEN'L AGGREGATE LIMIT APPLIES PER: _,' POLICY PRO- JECT LOC PRODUCTS - COMP /OP AGG $ $ AUTOMOBILE LIABILITY _-. COMBINED SINGLE LIMIT accident) S_ ANY AUTO _Ea BODILY INJURY (Per person) $ ALL OWNED AUTOS _ HIRED AUTOS . ._ __ SCHEDULED AUTOS NON -OWNED AUTOS BODILY INJURY (Per accident) $ PROPERTY DAMAGE $ (Per accident) UMBRELLA LIAB I EXCESS LIAB OCCUR CLAIMS -MADE EACH OCCURRENCE $ AGGREGATE $ DED I RETENTIONS $ WORKERS COMPENSATION AND EMPLOYERS' LIABILITY WC STATU- OTH -'. TORY LIMITS ER ANY PROPRIETOR /PARTNER /EXECUTIVE �, I N N / A E.L. EACH ACCIDENT $ OFFICER /MEMBER EXCLUDED? (Mandatory in NH) E L DISEASE - EA EMPLOYEE $ If yes, describe under DESCRIPTION OF OPERATIONS below E L DISEASE - POLICY LIMIT $ A PROFESSIONAL LIABILITY AMC000086 -0217 04/22/201704/22 /2018 $5,000,000 EACH CLAIM $5,000,000 AGGREGATE DESCRIPTION OF OPERATIONS I LOCATIONS I VEHICLES (Attach ACORD 101, Additional Remarks Schedule, if more space is required) REAL ESTATE APPRAISAL SERVICES PROFESSIONAL LIABILITY INSURANCE. EVIDENCE OF INSURANCE IS PROVIDED TO CERTIFICATE HOLDER LISTED BELOW. CERTIFICATE HOLDER CANCELLATION CITY OF FEDERAL WAY 33325 8TH AVENUE S. FEDERAL WAY, WA 98003 SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE © 1988 -2010 ACORD CORPORATION. All rights reserved. ACORD 25 (2010/05) The ACORD name and logo are registered marks of ACORD