<p> Posted 09/10/2007 NMW</p><p>CANNON BUILDING STATE OF DELAWARE TELEPHONE: (302) 744-4500 861 SILVER LAKE BLVD., SUITE 203 DEPARTMENT OF STATE FAX: (302) 739-2711 DOVER, DELAWARE 19904-2467 WEBSITE: WWW.DPR.DELAWARE.GOV DIVISION OF PROFESSIONAL REGULATION</p><p>PUBLIC MEETING NOTICE: COUNCIL ON REAL ESTATE APPRAISERS</p><p>DATE AND TIME: Tuesday, September 18, 2007 at 1:30 p.m.</p><p>PLACE: 861 Silver Lake Blvd, Dover, DE 19904, Conference Room A, second floor of the Cannon Building</p><p>AMENDED AGENDA (Amended items are indicated by an asterisk)</p><p>1.0 Call to Order</p><p>2.0 Review and Approval of Minutes </p><p>2.1 Meeting Minutes 2.1.1 Review of July 17, 2007 minutes</p><p>3.0 Unfinished Business</p><p>3.1 Hearing on Proposed Changes to the Rules and Regulations 3.1.1 Vote to accept “Segment” vs. “Firm” Approach</p><p>3.2 Disciplinary Hearing 3.2.1 Charles W. Cobb, Jr</p><p>3.3 Discussion on 2008 AQB Examination Manual </p><p>3.4 Strategic Planning 3.4.1 Discussion on Criteria for Evaluation of Work Samples 3.4.2 Discussion on Out of State Experience Log Hours and Exemption Hours 3.4.3 Discussion on Residency Requirements for Trainees & Supervisors</p><p>3.5 Status of Complaints: 3.5.1 19-09-07 and 19-10-07 – Mr. Fantini</p><p>*4.0 New Business</p><p>4.1 Complaints DE Council of Real Estate Appraisers Agenda – September 18, 2007 Page 2</p><p>4.1.1 19-09-07 – Assign a contact person 4.1.2 19-10-07 – Assign a contact person 4.1.3 19-11-07 – Assign a contact person 4.1.4 19-12-07 – Assign a contact person</p><p>*4.2 Review of Reciprocity Licensed Real Property Appraiser Application 4.2.1 Emi Kei Ryan – MD 4.2.2 Linda D. Bruce – MD</p><p>*4.3 Review of Licensed Real Property Appraiser Applications 4.3.1 Cynthia L. Jeffers – Review of Exam Results 4.3.2 Michael Lee Marino – Review of Exam Results 4.3.3 F. Lee Gosnell – Review of Exam Results 4.3.4 W. Gayle Parker – Sit for Exam</p><p>4.4 Review of Reciprocity/Certified Residential Real Property Appraiser Applications: 4.4.1 Mark J. Hamilton - PA 4.4.2 Patricia B. Allen – MD 4.4.3 Robert S. Witt – DC, MD 4.4.4 Robert L. Bailey – MD 4.4.5 Harry B. Burkholder – MD 4.4.6 Gary Scerbo – NJ 4.4.8 Irving Gellar – NJ, PA, DE, contingent approval 4.4.8 Neal A. Seckler – MD, VA 4.4.9 Pamela J. Bursler – MD 4.4.10 David C. Olynik – MD, DC, VA 4.4.11 William F. McLaughlin – NJ</p><p>*4.5 Review of Certified Residential Real Property Appraiser Applications 4.5.1 Alan L. Jeffers – Review of Exam Results 4.5.2 Mary L. Horeis – Review of Exam Results 4.5.3 Adrienne M. Doucette – Review of Exam Results 4.5.4 Kostan G. Sacrenty – Sit for Exam 4.5.5 Mary Lynn Needs – Sit for Exam 4.5.6 Victor W. England – Sit for Exam 4.5.7 Brian Sachs – Sit for Exam 4.5.8 John Farnan – Sit for Exam 4.5.9 Steve C. Kauffman – Sit for Exam 4.5.10 Warren J. Deitcher – Sit for Exam 4.5.11 Rafael Paul Delgado – Sit for Exam</p><p>*4.6 Review of Reciprocity Certified General Real Property Appraiser Application 4.6.1 William F. McLaughlin – NJ 4.6.2 Teresa M. Hoberb – PA, NJ, DE 4.6.3 Maureen Plunkert – MD, DE 4.6.4 John Paul Williams – PA, DE – Reapplying – Contingent approval 4.6.5 John M. Shortall – MD</p><p>4.7 Review of Certified General Real Property Appraiser Application 4.7.1 David R. Aglira – Sit for Exam</p><p>*4.8 Review of Temporary Permit Application (for discussion only): DE Council of Real Estate Appraisers Agenda – September 18, 2007 Page 3</p><p>4.8.1 Michael B. Edwards – Comfort Suites Hotel – 550 N. Dual Hwy., Seaford, DE 19973 4.8.2 Paul M. Lubicich – 259 Garden Apartment Complex – 2801 Stonebridge Blvd,. New Castle, DE 19720 4.8.3 Joseph E. Anderson – 17 Convenient Stores with Gas and 2 office condos – Contract under Wachovia 4.8.4 Charles A. Bissell – Senior Housing, 700 and 700 ½ Foulk Rd., Wilmington, DE 19803; Pike Creek, 6561 Limestone Rd., Wilmington, DE 19808; Green Meadows at Dover, 150 Saulsbury Rd., Dover, DE 19904 4.8.5 Chris L. Harland – Lonestar Restaurant Portfolio – 307 Rocky Run Parkway, Wilmington, DE 19803 and 365 North DuPont Hwy., Dover DE 19901 4.8.6 William S. Yetke – Prime Hook National Refuge, Tracts 152 and 155, Sussex Avenue, Slaughter Beach, Sussex Co, DE 19963; Deep Branch Rd, Milton, DE 19968 4.8.7 Marius W. Andreasen – Kushner Apartment Portfolio, Kent County and New Castle County, DE 4.8.8 Robert F. Simpson – Linen Supply Facility – 30 McCullough Dr., New Castle, DE 19720-2066 4.8.9 Thomas J. Gorman – McDonald’s Restaurant – 1424 Forrest Avenue, Dover, DE 19904</p><p>4.9 Review of Continuing Education Activities: 4.9.1 Appraisal Institute 4.9.1.1 Apartment Appraisal: Concepts & Applications – 16 QE/CE hrs 4.9.1.2 General Appraiser Sale Comparison Approach – 30 QE/CE hrs 4.9.1.3 General Appraiser Site Valuation & Cost Approach – 30 QE/CE hrs 4.9.1.4 General Appraiser Income Approach, Part 2 – 30 QE/CE hrs 4.9.1.5 General Appraiser Report Writing & Case Studies – 30 QE/CE hrs 4.9.1.6 Sales Comparison Valuation of Small Mixed-Use Properties – 16 QE/CE hrs 4.9.1.7 Alternative Uses & Cost Valuation of Small Mixed-Use Properties – 16 QE/CE hrs 4.9.1.8 Income Valuation of Small, Mixed-Use Properties – 16 QE/CE hrs 4.9.1.9 Advanced Applications – 40 QE/CE hrs 4.9.1.10 Report Writing & Valuation Analysis – 40 QE/CE hrs 4.9.1.11 Advanced Income Capitalization – 40 QE/CE hrs 4.9.1.12 Advanced Sales Comparison & Cost Approaches – 40 QE/CE hrs 4.9.1.13 Computer Enhanced Cash Flow Modeling – 16 CE hrs 4.9.1.14 Condemnation Appraising: Advanced Topics & Applications – 16 CE hrs 4.9.1.15 Condemnation Appraising: Basic Principles & Applications – 16 CE hrs 4.9.1.16 Litigation Appraising: Specialized Topics & Applications – 16 CE hrs 4.9.1.17 The Appraiser as an Expert Witness: Preparation & Testimony – 16 CE hrs 4.9.1.18 Business Practices & Ethics – 8 CE hrs 4.9.1.19 National USPAP 7 Hour Update Course – 7 CE hrs 4.9.1.20 General Demonstration Appraisal Report Writing Seminar – 7 CE hrs DE Council of Real Estate Appraisers Agenda – September 18, 2007 Page 4</p><p>4.9.1.21 Residential Demonstration Appraisal Report Writing Seminar – 7 CE hrs 4.9.1.22 Analytics with the Site to Do Business – 7 CE hrs 4.9.1.23 Appraising Manufactured Housing – 7 CE hrs 4.9.1.24 Condominiums, Co-Ops, and PUDs – 7 CE hrs 4.9.1.25 FHA and the New Residential Appraisal Forms – 7 CE hrs 4.9.1.26 Forecasting Revenue – 7 CE hrs 4.9.1.27 Liability Management for Residential Appraisers – 7 CE hrs 4.9.1.28 Office Building Valuation: A Contemporary Perspective – 7 CE hrs 4.9.1.29 Quality Assurance in Residential Appraisal Reports – 7 CE hrs 4.9.1.30 Reviewing Residential Appraisal Reports – 7 CE hrs 4.9.1.31 Scope of Work – 7 CE hrs 4.9.1.32 Subdivision Valuation: A Comprehensive Guide to Valuing Improved Subdivisions – 7 CE hrs 4.9.1.33 The Professional’s Guide to the Uniform Residential Appraisal Report – 7 CE hrs 4.9.1.34 Uniform Appraisal Standards for Federal Land Acquisitions – 16 CE hrs 4.9.2 Philadelphia Metro Chapter Appraisal Institute 4.9.2.1 Partial Interest Valuation: Undivided – 10/31/2007 – 7 CE hrs</p><p>4.9.3 Delaware Chapter of the Appraisal Institute 4.9.3.1 Convincing Residential Appraisals – 4 CE hrs 4.9.3.2 Understanding and Testing DCF Valuation Models – 4 CE hrs</p><p>4.9.4 American Society of Farm Managers and Rural Appraisers 4.9.4.1 National USPAP Course (A-113) – 15 QE hrs 4.9.4.2 7-Hour National USPAP Course (A-114) – 7 CE hrs 4.9.4.3 ASFMRA Code of Ethics – 2 CE hrs 4.9.4.4 Highest and Best Use (A-290) – 16/15 QE/CE hrs 4.9.4.5 Sales Analysis Seminar – 8 CE hrs 4.9.4.6 Timber and Timberland Valuation – 8 CE hrs 4.9.4.7 Discounting and Leases – 8 CE hrs 4.9.4.8 Identifying Intangible Assets – 16 CE hrs 4.9.4.9 Minerals Appraisals – 12 CE hrs 4.9.4.10 Tax Deferred 1031 Exchanges – 14 CE hrs 4.9.4.11 Cost Estimating – 8 CE hrs 4.9.4.12 Timber Property Valuation – 12 CE hrs</p><p>4.10 Mixed-use Property and the Residential Appraiser – Mr. Witt</p><p>4.11 State Approved Supervisor for Certified Residential upgrade to Certified General – Mr. Witt</p><p>5.0 Other Business before the Council (for discussion only)</p><p>6.0 Public Comment</p><p>7.0 Next Meeting – October 16, 2007</p><p>8.0 Adjournment DE Council of Real Estate Appraisers Agenda – September 18, 2007 Page 5</p><p>Please Take Note: Applications for this agenda must be complete and received by 4:30 p.m. on the third business day previous to the meeting date; thus a final amended agenda will be published to reflect any items received after posting of the original agenda. Unforeseen circumstances may result in a meeting being cancelled should there be a lack of quorum. Pursuant to 29 Delaware Code, Section 10004(e)(2), the Board shall pre-announce or pre-publish all Executive Sessions; however, such agenda shall be subject to change to include additional items including Executive Sessions which arise at the time of the body’s meeting.</p><p>MEMBERS: PLEASE CALL THE OFFICE OF THE DELAWARE COUNCIL ON REAL ESTATE APPRAISERS AT 302-744-4505 OR EMAIL [email protected] IMMEDIATELY IF YOU CANNOT ATTEND THE MEETING. THANK YOU.</p>