Presenters: Dawn Van Oudenhoven, WisDOT /NE Region Kassandra Walbrun, WisDOT /BTS-RE Kathy Rudolph, Timbers-Selissen Land Specialists Business Moves Statewide RE Conference – 2013 Breakout Session G, 5/14/13

Steps for Successful Business Moves Relocation Interview Appraisal Inspection Negotiations Moving Inventory and Bids 2

Interviewing Business 3

Two Businesses on Site Owner: Merlin and Sherry Bliefernicht Farm Type of Business: Share cropping and raising heifers Fixtures: Work in Progress 4

Two Businesses on Site Tenant: Dan Bliefernicht Type of Operation: Milking Fixtures: Milking Parlor Equipment 5

Appraisal Inspection Coordinating appraisal inspection Who should be at inspection 6

The Fixture Appraisal 7 The fixture appraisal is not a moving inventory Identify items to be included in fixture appraisal For each item, identify: - Cost New - In Place Value - Salvage Value

Negotiations Document: Other items being purchased Items eligible for moving 8

Moving Inventory  Who should develop the inventory list? Relocation Agent should develop inventory list If the business develops the inventory list, relocation agent must verify list.  Good practices for developing the inventory: Determine types of moving bids needed One inventory list outlining inventory included in each type of move Pictures corresponding to inventory Layout corresponding to inventory list 9

Moving Inventory 10

Moving Inventory 11

Moving Inventory 12

Moving Inventory 13

Moving Inventory 14

Moving Inventory 15

Obtaining Moving Bids Relocation Agent should obtain bids Contact movers and coordinate time for all movers and relocation agent to meet at property Bring moving inventory and corresponding pictures to give to each mover Walk through property with all movers and outline what items are to be included in each bid 16

Moving Bids Bids should include: - packing and unpacking - moving - disassembly/assembly - 100% valuation insurance Request “not to exceed” language in bids 17

Moving Claim Items that should be included in the moving claim: Letter/Memo outlining claim Relocation Claim Two moving bids for each type of move being claimed Self-Move Agreement (if business moves itself) Paid receipt for move (if mover completes move) Moving inventory list Business Moving Expenses Worksheet (READS) 18

Self-Move Agreement Form (DT2266) 19

20 Business Moving Expenses – Worksheet Form (unnumbered)

21 “SAMPLE” Business Moving Expenses – Worksheet (unnumbered)

Re-Establishment Expenses – Worksheet Form (unnumbered) 22

23 “SAMPLE” Re-Establishment Expenses – Worksheet (unnumbered)

24 “SAMPLE” Relocation Claim – Application and Release (DT1527)

Tangible Loss/Substitute Use of Personal Property Differences and Similarities Often covers IT equipment, such as computers and other electronics; security equipment No upgrades. (May enhance benefits to purchase items as part of acquisition.) See REPM

Fixed Move Payment (“In Lieu of Actual Moving Expenses”) Purpose and Intent Necessary Documentation Pitfalls and Benefits Maximum Benefit increase 2014 See REPM