R-2019-0365 - 9/12/2019 RESOLUTION NO. R-2019-0365
WHEREAS, the City of Round Rock desires to retain professional appraisal services relating
to twenty-one (21) right of way parcels to be acquired in connection with the proposed Gattis School
Road Phase 3 Expansion Project, and
WHEREAS, Paul Hornsby & Company has submitted an engagement letter to provide said
services, and
WHEREAS, the City Council desires to enter into said engagement letter with Paul Hornsby &
Company,Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the Mayor is hereby authorized and directed to execute on behalf of the City an
engagement letter with Paul Hornsby & Company for appraisal services relating to twenty-one (21)
right of way parcels to be acquired in connection with the proposed Gattis School Road Phase 3
Expansion Project, a copy of same being attached hereto as Exhibit "A" and incorporated herein for all
purposes.
The City Council hereby finds and declares that written notice of the date, hour, place and
subject of the meeting at which this Resolution was adopted was posted and that such meeting was
open to the public as required by law at all times during which this Resolution and the subject matter
hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act,
Chapter 551, Texas Government Code, as amended.
RESOLVED this 12th day of September, 2019.
CRAIG A Rro �Mayor
City of Round , Texas
ATTEST:
SARA L. WHITE, City Clerk
0112.1902;00430765
EXHIBIT
PAUL HORNSBY
& COMPANY
APPRAISERS AND CONSULTANTS
Paul Hornsby,MAI,SRA
Eli Hanslik,MAI Jason Thomas,Appraiser Trainee
Chris Hornsby,MAI Caitlin Warren,Appraiser Trainee
Melany Adler,MAI Jake Kane,Appraiser Trainee
Katie Daniewicz,MAI Kim Hussey,Appraiser Trainee
Clifford Shaw,ASA Garrett Lynch,Analyst
Matthew Cox,State Certified Appraiser Terri Bowden Nolker,Business Manager
Justin Sims,Appraiser Trainee Cynthia Stevens,Administrative Support
Leslie Persia,Director of Land Planning Rey Gonzalez,Professional Engineer,Cost Estimator
August 6, 2019
City of.Round Rock,
c,10 Steve Sheets
Sheets & Crossfield, P.C.
309 East Main Street
Round Rock, Texas 78664
Re: Proposal for appraisal services relating to 21 properties located
Round Rock, TX. along Gattis School Road,
Dear Mr. Sheets:
As requested, I am pleased to provide this proposal for appraisal
properties captioned above. Terms of the assignment are summarized belo��,y ices relating to the
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 basic for partial acquisition.of
the properties.
7600 N. Capital of Texas Highway Buil(lirn> Cl
R,.Suite"210 s Al,stin. Texas 75731 • 512-477-6311 s
(Fax)51.2-477-1793
Appraisal &Reporting Standards: The appraisals will be developed and the
reports will be prepared in conformity with
and subject to the requirements of the
Unif:orrn. Standards of: Prol.essional
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: $103,000 (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 be 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 $425/hour
MAI Staff Appraisers $325/hour
Land Planning Services $225/hour
State Certified Appraisers $215/hour
Appraiser Trainees $185/hour
Research Staff $165/hour
Administrative Staff $ 85/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.
Respectfidly Submitted,
Paul Hornsby&Company
Paul Hornsby, MAI, SRA
Accepted: City of Round Rock
Date By: Laurie Hadley, City Manager-
Land Size Imp Size Assessed Property
Parcel Tax ID Owner Address (Acreage) (SF) YOC Value Type Description Improvements in Taking Appraisal type Comments
Proposed Fee
8 R431091 Randalls Food and Drug LP 2001 Gattis School Road 1.21 432 2004 $1,326,051 C1 Gas Station Landscaping,paving land component $4,500
9 R431090 Randalls Food and Drug LP 2051 Gattis School Road 6.35 59,354 2004Randalls anchored
$7,156,543 C4 Landscaping,paving,sign land component $4,500
shopping center
DJK Round Rock Management
10 R577486 LLC&PCK Round Rock 1901 Town Centre Drive 5.72 42,260 2004Randalls anchored
$12,357,000 C4 shopping center Landscaping,paving land component $4,500
Management LLC PP g
11 R431088 Weingarten Realty Investor 2151 Gattis School Road 1.33 57,935 / $627,436 Land Vacant land none land component $4,500
12 R079967 Hickerson Round Rock Land LP Gattis School Road 10.613 0 / $785,019 Land Vacant land none land component $4,500
13 R370724 City of Round Rock 810 Stable Trail Court 4.294 0 / $1,288 Land Vacant land none land component drainage area? $4,500
14 R511847 Babb Investments LLC 1521 Joyce Lane 3.017 16364 2013 $3,400,100 C4 Challenger School landscaping paving,sign? land component
$4,500
15 R052390 Challenger School Foundation 3701 Gattis School Road 4.769 0 / $888,080 Land Vacant land none land component $4,500
16 R312707 North Forest Office Space- 2631 Gattis School Road 2.7095 0
Austin LLC / $387,503 Land Vacant land none land component drainage area? $4,500
17 R538916 North Forest Office Space- 2641 Gattis School Road 1.681 0
Austin LLC / $271,343 Land Vacant land none land component $4,500
18 R538915 Dazzle Coffee INC 2651 Gattis School Road 1.2386 918 2014 $604,184 C1 Coffee Shop landscaping,paving land component $4,500
19 R564193 Green Adobe Developers LLC Gattis School Road 3.54 0 / $615,266 Land Vacant land landscaping,fencing land component $4,500
20 R487920 Parker-Harris Properties LLC 2650 Gattis School Road 2.798 10,150 2015 $1,750,000 C4 Anytime Fitness landscaping,paving land component
$4,500
21 R483448 Meeks,Steven R 2680 Gattis School Road 1.778 3,263 2013 $1,902,715 C1 Mini-mart landscaping,paving land component $4,500
22 R312720 North Forest Office Space- 2681 Gattis School Road 2.53 23,335 2016
Austin LLC $3,876,952 C2 Various businesses landscaping,paving land component $4,500
23 R468374 BLcshoggs Bonafide Properties 2001 Double Creek Dr 2.539 3,574 2003
$825,249 Cl Commerical landscaping,paving land component drainage area? $4,500
land planning,
327 442 93gggg lggg
24 R374072 Gattis School Road Business 2701 Gattis School Road 7. ,
Park LTD 2000 $11,030,683 Cl office,reatil landscaping paving,sign? commercial possible parking $8,500
issues,throat depth,
turning radius
25 R066490 Leistice,Nathan H&Kent R Double Creek Drive 0.662 0 / $410,927 Land Vacant land none land component $4,500
26 R066492 Spiritual Assembly of Bathais of
Gattis School Road 2 0 / $546,242 Land Garden none land component
Round Round INC $4,500
27 R066493 Spiritual Assembly of Bathais of
2746 Gattis School Road 2 2,156 1982 $546,242 CS Residential none land component
Round Round INC $4,500
28 R066494 Duarte,Leonardo 2760 Gattis School Road 2.001 2,316 1978Residential office
$293,654 Land landscaping land component $4,500
conversion
29 R496868 Round Rock ISD 2801 Gattis School Road 96.288 375000 2008 $97,094,532 C4 High School landscaping land component $4,500
Total
$103,000