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Meeting Date:
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Category:
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Type:
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Subject:
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17.29 Review and Potential Approval of Appraisal Agreement, to be Completed by Alliant Appraisal Services, for the Mt. Diablo Unified School District structures on the current schedule provided by Alliant Insurance Services, for the appraisal of District buildings for insurance purposes |
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LCAP (Local Control Accountability Plan) Goal:
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Goal 1: All students will receive a high quality education in a safe and welcoming environment with equitable and high expectations, access to technology, and instruction in the California State Standards that prepare them for college and career.
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Enclosure:
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File Attachment:
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Summary:
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The District is required to periodically appraise its buildings to determine replacement value for insurance purposes. The District has not conducted an appraisal for seven years. This proposal will appraise buildings valued at over $1 million (to be paid by insurer), as well as buildings valued under $1 million, to be paid in part by the District and in part by the insurer, to determine current replacement values. |
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Funding:
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Fiscal Impact: |
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The expected costs to the District of appraising 300 buildings (those valued $250,000 and $1 million) is $36,000. |
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Recommendation
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Move to approve the proposal for replacement cost analysis appraisals to be completed by Alliant Appraisal Services. |
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Approvals:
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Recommended By: |
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Signed By: |
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Kristi O'Connor - Administrative Assistant, Legal |
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Signed By: |
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Cesar Alvarado - General Counsel |
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Signed By: |
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Dr. Lisa Gonzales - Chief Business Officer |
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Signed By: |
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Dr. Adam Clark - Superintendent |
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