Contract - Paul Hornsby & Company - 8/9/2018 PAUL HORNSBY & COMPANY
$01 APPRAISERS AND CONSULTANTS
Paul Hornsby,MAI,SRA Kimberly Garvey,Appraiser Trainee
Eli Hanslik,MAI Justin Sims,Appraiser Trainee
Chris Hornsby,MAI Jason Thomas,Appraiser Trainee
Melany Adler,MAI Caitlin Warren,Appraiser Trainee
Katie Daniewicz,MAI Jake Kane,Analyst
Clifford Shaw,ASA Terri Bowden,Business Manager
Matthew Cox,State Certified Appraiser Hansi Holzhammer,Administrative Support
Cynthia Stevens,Administrative Support
July 10, 2018
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 21 properties located along Gattis School Road,
Round Rock, TX.
Dear Mr. Sheets:
As requested, I am pleased to provide this proposal for appraisal services relating to the
properties captioned above. Terms of the assignment are summarized below.
Real Estate to be Appraised: Twenty one (21) properties located along
Gattis School Road (see attached
spreadsheet).
Purpose of the Appraisal: To estimate just compensation for the
proposed acquisitions as of the date of
inspection.
Use of the Report: Establishing a basis for partial acquisition of
the properties.
7600 N.Capital of Texas Highway •Building B,Suite 210 •Austin,Texas 78731 • 512-477-6311 •
(Fax)512-477-1793
Appraisal & Reporting Standards: The appraisals will be developed and the
reports will be prepared in conformity with
and subject to the requirements of the
Uniform Standards of Professional
Appraisal Practice (USPAP) of the
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 21 Appraisal Reports as defined by
Standards Rule 2-2(a) of USPAP.
Fee: $100,500 (see attached), payable
incrementally upon delivery of each report.
These fees are predicated on the assumption
that only the land component of each
property will be appraised and the primary
improvements are not impacted by the
proposed acquisition with the exception of
two properties. Should additional
improvements need to be appraised, the fee
will revised to a mutually agreeable amount.
All time spent subsequent to the initial
appraisals, including, without limitation,
updates, meetings, depositions, mediation,
arbitration, trial and preparation for
testimony, will be billed at the following
hourly rates.
Paul Hornsby: $415/hour
MAI Staff Appraisers: $310/hour
State Certified Appraisers: $205/hour
Land Planning: $210/hour
Research Staff. $160/hour
Administrative Staff: $80/hour
Information Necessary to Surveys
Complete the Assignment -Title commitments
(as available): -Any offers to buy or sell the properties
within the last three years
Completion: Estimated at 60-75 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,
Paul Hornsby & Company
/')ax'a I
Paul Hornsby, MAI, SRA
Accepted: City of Round Rock
S� 9 u t
Date By: -aig M gan, Mayor
Land Size Imp Size Assessed
Parcel Tax ID Owner Address (Acreage) (SF) YOC Value Property Type Description Improvements in Taking Appraisal type Comments
Proposed Fee
1 R066471 Fellowship at Forest Creek 3415 Gattis School Road 5.32 0 / $378,893 Land None Land Component $4,500
2 R066472 Howard Lee III&Janis Newby 3467 Gattis School Road 5.339 2,935 1977 Land with site
Parham $415,000 Residential Gravel driveway&fencing $4,500
improvements
3 R066473 Victorio L&Maria LTostado 3473 Gattis School Road 5.32 2,188 1977Land with site
$632,441 Residential Gravel driveway&fencing $4,500
improvements
4 R066474 Stuart B&Diana M Mccurdy 3509 Gattis School Road 5.2 3,204 1979 $625,743 Residential Concrete driveway&fencing Land with site
$4,500
Ramimprovements
5 R066475 Surendran p&Resmi 3517 Gattis School Road 5.32 2,344 1980 $548,679 Residential Asphalt driveway&fencing Land with site
ndran $4,500
improvements
6 R066476 Douglas E Martin 3525 Gattis School Road 5.32 2,177 1980 $542,334 Residential Asphalt driveway Land with site
improvements $4,5 00
7 R369795 Mary B Chittim 3000 Bradford Park N/A 1,787 2000 $222,636 Residential None Land Component $4,500
10 R442343 Wayne C Pulliam 3601 Gattis School Road 2.46 3,458 2014 $402,974 Residential Equipment station,fencing, Land Component Equipment station
$5,500
driveway easement
11 R426214 Faith Baptist Church 3625 Gattis School Road 2.39 10,000 2002Land with site
$2,161,083 C4 Church Asphalt driveway $4,500
improvements
12.1 R418046 Community Homeowners Land with site
2793 Lake Forest Dr 0.112 0 / $300 Land Neighborhood subdivision sign
Association of Lake Forest Inc g g improvements $4,500
12.2 R417978 Community Homeowners
2298 Ferns
Association of Lake Forest Inc pring Drive 0.76 0 / $300 Land None Land Component
13 R402054 Menfi A Management 3639 Gattis School Road 3.016 0 / $1,002,407 Land None Land Component $4,500
14 R350015 High Country Inv LP 3701 Gattis School Road 2.006 13,262 2012 $3,277,661 C4 Gas Station/CS/ Asphalt driveway Land with site $4,500
Restaurant improvements
16 R427408 WSP Development#1 LTD 3710 Gattis School Road 0.965 0Land with site
/ $618,545 Land Power lines $4,500
improvements
18 R427406 Compass Bank 3740 Gattis School Road 0.977 2982Land with site
$1,515,034 C2 Bank Concrete sidewalk $4,500
improvements
22 R427405 JOMR LLC 3760 Gattis School Road 0.798 2,857 2002Concrete sidewalk&jack in the Land with site
$1,003,897 C4 Jack in the box $4,500
box marquis improvements
23 R427404 HEB Grocery Company LP 3780 Gattis School Road 1.24 3,237 2002 $1,676,000 C4 HEB gas station Concrete driveway/HEB Gas Land with
site $4,500
price sign improvements
25 R475071 KAF II Development 2881 Red Bud Lane 2.09 31496 2005Concrete driveway/Shell gas Will need land
$2,100,756 C4 Shell gas station n Commercial $7,500
sign/parking g arkin lot/p g planning services
26 R475072 Market Plaza LLC 3810 Gattis School Road 1.629 7,500 2004Various Land with site
$2,763,462 C4 Asphalt driveway $4,500
businesses
improvements
27 R492986 MGCC Texas Enterprises LLC 3880 Gattis School Road 0.803 1,566 2008 $827,925 C4 Sonic Sonic sign,1 parking spot,sliver Commercial
Will need land $6,500
of drive thru planning services
28 R492985 Clinton J&Terri Autrey 3900 Gattis School Road 5.335 75,000 2000Mobile home Land with site
$1,731,092 C3 Concrete driveway $4,500
storage improvements
29 R491982 Aerals Family LP Gattis School Road 0.8794 0 / $323,598 Land None Land Component $4,500
Total
$100,500
CERTIFICATE OF INTERESTED PARTIES FORM IL295
1 of 1
Complete Nos.1-4 and 6 if there are interested parties. OFFICE USE ONLY
Complete Nos,1,2,3,5,and 6 if there are no Interested parties. CERTIFICATION OF FILING
1 Name of business entity filing form,and the city,state and country of the business entity's place Certificate Number:
of business. 2018-385380
Paul Hornsby and Company
Austin,TX United States Date Filed:
2 Name of governmental entity or state agency that is a party to the contract for which the form is 07127/2018
being filed,
Cfty of Round Rock,Texas [late Acknowledged:
3 Provide the identification number used by the governmental entity or state agency to track or identify the contract,and provide a
description of the services,goods,or other property to be provided under the contract,
Gattis School Road
Real Estate Appraisal Services
4 Nature of interest
Name of Interested Party City,State,Country(place of business) (check applicable)
Controlling I intermediary
Paul Hornsby&Company Austin,TX United States X
5 Check only if there is NO Interested Party. n
6 UNSWORN DECLARATION
My name is and my date of birth is D 3 ,
My address is266 14
OwS ~ ,�,
(street) (city) (state) (zip code) (country)
I declare under penalty of perjury that the foregoing is true and correct.
Executed inCounty, State of ,on the day of ,20�
(month) (year)
Signature of authorized gent of contracting business entity
( clarsnt)
Forms provided by Texas Ethics Commission www.ethics.state.tx.us IVersion V1.0.6711
CERTIFICATE OF INTERESTED PARTIES
FORM 3.295
1 of 1
Complete Nos.1-4 and 6 if there are interested parties. OFFICE USE ONLY
Complete Nos.1,2,3,5,and 6 if there are no interested parties. CERTIFICATION OF FILING
1 Name of business entity filing form,and the city,state and country of the business entity's place Certificate Number:
of business. 2018-385380
Paul Hornsby and Company
Austin,TX United States Date Filed:
2 Name of governmental entity or state agency that is a party to the contract for which the form is 07/27/2018
being filed.
City of Round Rock,Texas Date Acknowledged:
08/06/2018
3 Provide the identification number used by the governmental entity or state agency to track or identify the contract,and provide a
description of the services,goods,or other property to be provided under the contract.
Gattis School Road
Real Estate Appraisal Services
4
Nature of interest
Name of Interested Party City,State,Country(place of business) (check applicable)
Controlling Intermediary
Paul Hornsby&Company Austin,TX United States X
5 Check only if there is NO Interested Party. ❑
6 UNSWORN DECLARATION
My name is and my date of birth is
My address is ,
(street) (city) (state) (zip code) (country)
I declare under penalty of perjury that the foregoing is true and correct.
Executed in County, State of on the day of 20
(month) (year)
Signature of authorized agent of contracting business entity
(Declarant)
Forms provided by Texas Ethics Commission www.ethics.state.tx.us Version V1.0.6711