CM-2015-739 - 4/10/2015City of Round Rock
T00rxesN°RO�` Agenda Item Summary
Agenda Number:
Title: Consider executing a proposal for appraisal services by Paul Hornsby &
Company relating to McNeil Community Park.
Type: City Manager Item
Governing Body:
City Manager Approval
Agenda Date:
4/10/2015
Dept Director:
Steve Sheets
Cost:
$4,500.00
Indexes:
Attachments:
00332504. PDF
Department:
Legal Department
Text of Legislative File CM -2015-739
Consider executing a proposal for appraisal services by Paul Hornsby & Company relating to McNeil
Community Park.
Staff recommends approval.
CiryORo.nd R—c Gage1 M4 .{ 015
LEGAL DEPARTMENT APPROVAL FOR CITY COUNCIUCITY MANAGER ACTION
Required for Submission of ALL City Council and City Manager Items
Department Name:
Project Mgr/Resource: Steve Sheets
Council Action:
ORDINANCE
Agenda Wording
QCity Manager Approval
Attorney Apprt
Attorney
Project Name: McNeil Community Park
ContractorNBnrlor: Paul Homeby 8 Company
RESOLUTION
CMA Wording
Consider executing a proposal for appraisal services by Paul Hornsby 8 Company relating to McNeil Community Parc,
O:\Wdo%\SCClnls\0112\0591\MISC\00332507.XLS Updated 6/3/08
. PAUL HORNSBY & COMPANY
APPRAISERS AND CONSULTANTS
Paul Hornsby, MAI, SRA, CRE Joseph MoAxesney, State Certified
David J. Englund, MAI, SRA Katie Daniewim, State Certified
Eli Hanslik, MAI Matthew Cox, Appraiser Trainee
Lance Lawson, MAI Kimberly Garvey, Appraiser Trainee
Chris Hornsby, MAI Tern Bowden, Business Manager
Clifford Shaw, State Certified Jennifer Beardsley, Administrative Assistant
Melany Adler, State Certified
April 6, 2015
Laurie Hadley
City Manager
City of Round Rock
c/o Steve Sheets
Sheets & Crossfield, P.C.
309 East Main Street
Round Rock, Texas 78664
Re: Proposal for appraisal services relating to McNeil Community Park, Round Rock, Texas
Dear Ms. Hadley:
As requested, I am pleased to provide this proposal for appraisal services relating to the property
captioned above. Terms of the assignment are summarized below.
Real Estate to be Appraised:
Purpose of the Appraisal:
Use of the Report:
Appraisal & Reporting Standards:
McNeil Community Park, Round Rock,
Texas.
To estimate the market value of the fee
simple interest in the subject property as of
the date of inspection.
Establishing a basis for potential disposition
of the property.
The appraisal will be developed and the
report will be prepared in conformity with
and subject to the requirements of the
Uniform Standards of Professional
Appraisal Practice (USPAP) of the
2100 Kramer Lane • Suite 550 • Austin, Texas 78758 • 512-477-6311 • (Fax) 512-477-1793
CAA -a(36- -,aq
Fee:
Appraisal Foundation and the Code of
Professional Ethics and the Standards of
Professional Appraisal Practice of the
Appraisal Institute.
The results of our analysis will be set forth
in an Appraisal Report as defined by
Standards Rule 2-2(a) of USPAP.
$4,500, payable upon delivery of the report
Time subsequent to the initial assignment,
including, without limitation, updates,
meetings, depositions, mediation,
arbitration, trial and preparation for
testimony, will be paid monthly, as incurred,
at the following hourly rates:
Paul Hornsby: $250/hour
MAI Staff Appraisers: $200/hour
State Certified Appraisers: $150/hour
Completion: Estimated at thirty (30) days from your
written authorization to proceed.
If these terms are acceptable, please indicate by executing this agreement and returning one copy
to me. I look forward to working with you on this assignment.
Respectfully Submitted,
P
PPaaHornsby & Company
Paul Hornsby, MAI, SRA, C
Accepted:
City of Round Rock
Alwv-k/ I-to-lCj
By: Laurie Had ey, City MOiager Date