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<br />l/\ <br /> <br />VI. Study MethodsjApproach <br /> <br />Transaction for proposed acquisition of a floodplain property <br />(2hrsj2days means it will take 2 hours of actual time but allow 2 <br />days to accomplish the task). <br /> <br />Typical <br /> <br />Complicated <br /> <br /> DescrlPtion Transaction Transaction <br />Review request to acquire property 2hrsj2days 2hrsj2days <br />(assign to staff or return for <br />additional information). <br />Acquire and review title report 3hrsj3wks 3hrsj3wks <br />(assume we already have a BPA). <br />Appraisal Process: <br />Use staff appraiser 45-60 days na <br />Review 5daysj2wks <br />Use fee appraiser <br />Interview/contract l2hrs/lOdays l2hrsjlOdays <br />Appraisal report 45 to 60 days 90-lBO days <br />Review 5days j2wks 5daysj2wks <br />Prepare Negotiators Package 6hrsj5days l2hrs/5days <br />(offer letter, contract, etc,) <br />Negotiations l2hrsj3wks 40hrs/gO days <br />Title clearance, legal review, IOhrsj2wks 30hrsj6 months <br />closing <br /> <br />-A complicated case would be a site that is ripe for developing into <br />a gravel mining operation and that has lots of title encumbrances. <br /> <br />Assumptions: <br />-Acquisition based on willing seller. <br />-All preacquisition planning is complete. <br />-Memo sent to BR requesting acquisition of all or a portion of <br />a property (which includes a costjcharge number, a legal <br />description and tract map of the required area, a reference to <br />NEPA, and a completed HzMat survey). If BR is asked to do the <br />afforementioned (e.g., NEPA, HzMat, legal description, tract <br />map) then time required will increase Significantly. <br /> <br />Allow 90 days for the first scenario and 9 months for the second <br />scenario. Certain portions of the process overlap (e.g., title and <br />appraisal processes can proceed simultaneously). <br /> <br />p <br /> <br />4 <br />