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and market data through use of sales analysis forms. The income <br />capitalization approach to value shall be considered in the appraisal <br />of certain types of income-producing properties for the purpose of <br />estimating economic obsolescence which may exist in addition to normal <br />depreciation. It is understood and agreed that all income and expense <br />information, as may be reasonably required by the CORPORATION in <br />such studies, shall be furnished by the Assessor without cost to the <br />CORPORATION. <br />D. CORRECTION OF DATA: <br />The CORPORATION shall correct any obvious errors or omissions <br />in building data contained on existing property record cards. <br />E. CALCULATION OF VALUES & PRODUCTION OF NEW PROPERTY <br />RECORD CARDS: <br />All building calculations necessary in estimating the depreciated <br />replacement cost of buildings shall be performed by the CORPORATION <br />in the office of the Assessor; and any existing calculations utilized in <br />this work shall be carefully reviewed in the calculation process. <br />Further, on new property record cards furnished by the Assessor, <br />all drawings for all improved properties shall be drawn by hand and con- <br />struction information, as well as calculations and values, shall be <br />shown. <br />F. PHOTOGRAPHS: <br />Each primary structure on each parcel is to be photographed, <br />and a Polaroid print of the same will be attached to the new property <br />record card. <br />G. EFFECTIVE DATE OF WORK: <br />It is understood and agreed that all work to be performed by the <br />CORPORATION under this contract shall reflect appraised valuations <br />of buildings as they exist on January 1, 1973, and that any new con• <br />struction, alterations, additions, or repairs occurring after January 1, <br />_;V <br />s -s <br />OCT <br />1 1197 eao� 15 :.Q L p <br />