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MASTER PROFESSIONAL CONSULTANT SERVICES AGREEMENT <br />DESMOND, MARCELLO & AMSTER <br />FOR FIXTURE AND EQUIPMENT APPRAISALS AND <br />GOODWILL VALUATION SERVICES <br />THIS MASTER PROFESSIONAI, CONSULTANT SERVICES AGREEMENT <br />( "Agreement ") is made and entered into this $ - 4- day of SUAV 2010 ( "Effective <br />Date "), by and between the HOUSING AUTHORITY OF THE CITY OF RIVERSIDE <br />( "Authority "), a public body, corporate and politic and DESMOND, MARCELLO & AMSTER, <br />LLC, a Delaware LLC ( "Consultant "). <br />RECITALS <br />A. Authority requires the services of a consultant that is experienced in providing <br />fixture and equipment appraisals and goodwill valuation services. <br />B. Authority issued a Request for Proposals for purposes of establishing a panel of <br />consultants experienced in providing real property acquisition, environmental sites assessments - <br />phase I and 11, asbestos, and lead -based paint surveys, fixtures and equipment appraisal, goodwill <br />valuation, property management, real property appraisal, and relocation services for various <br />Authority projects. <br />C. Consultant has the necessary experience in providing fixture and equipment <br />appraisals and goodwill valuation services and advice. <br />D. Consultant has submitted a proposal to the Authority and has affirmed its <br />willingness and ability to provide such services. <br />AGREEMENT <br />1. Scope of Services. <br />1.1 Authority hereby retains Consultant to perform, and Consultant agrees to <br />render, professional services for various Authority projects ( "Assigned Project ") as those <br />services are more particularly described in Exhibit "A" "Scope of Services" ( "Services "), <br />attached hereto and incorporated herein by reference. <br />1.2 During the term of this Agreement, as the need arises, Consultant shall <br />have the opportunity to submit proposals for Assigned Projects. The scope of work, including <br />the completion date for the Assigned Project, will be as set forth in writing and issued by the <br />Authority ( "Project Narrative "). Any modification to the Services will also be set forth in the <br />Project Narrative. All proposals submitted shall be reviewed by the Contract Administrator, as <br />that term is defined below, and a single consultant will be selected to perform the services for <br />