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CM-2021-349 - 12/17/2021^RATRSERVICES I U November 29, 2021 Laurie Hadley City of Round Rock RE: Proposal for two appraisals of easement acquisitions on properties located in Williamson County for the San Bass Road project Dear Ms. Hadley: Initially, thank you for the opportunity to bid on this assignment. This letter will serve as the proposal for ATRIUM REAL ESTATE SERVICES to perform value estimates on the below referenced properties. Purpose of the Assignment (Scope of Work) The purpose of the appraisals will be to estimate the market value of the fee simple interest in the below referenced properties as well as the recommended compensation of the proposed acquisitions. Reporting Requirements The analysis and results of the report will be prepared in conformity with and will be subject to the requirements of the Code of Professional Ethics and Standards of Professional Practice of the APPRAISAL INSTITUTE, the Uniform Standards of the Professional Appraisal Practice as promulgated by the APPRAISAL FOUNDATION as well as the requirements of the STATE OF TEXAS for State -Certified General Real Estate Appraisers. Fee and Completion Date Owner CAD Appraisal Fee Amy Kwalwasser & Chris Kjeldsen R037925 $4,000 Paul & Susan Bullis R037924 $4,000 The estimated completion date of the reports will be 30-45 days from obtaining the notice to proceed. 14425 Fa con Head Blvd D-100, Austin, TX 787381512.4S3.7407 I www.atriumrealestate.com Page 2 Ms. Laurie Hadley November 29, 2021 Miscellaneous Expenses There are no miscellaneous expenses. General Information If terms of this proposal are acceptable, please sign below and return to our office. ATRIUM REAL ESTATE SFRvrcEs appreciates the opportunity to be of service to you. Should you have any questions, or if we can be of further assistance, please feel free to contact our office. Respectfully submitted, ATRIUM REAL ESTATE SERVICES Jv*j ?4-h.&, Lory R. Johnson, MAI, SR/WA President Texas Certified Appraiser #TX-1321640-G klwzd�1Accepted by: aw, Date. -------- ---------------- -��-- ---- - -----f 14425 Falcon Head Blvd D-100, Austin, TX 78738 1 512.453.7407 1 www.atriumrealestate.com ROUND ROCK TEXAS City of Round Rock Agenda Item Summary Agenda Number: Title: Consider executing a proposal for appraisal services with Atrium Real Estate Services relating to the proposed Sam Bass WTL project. Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 12/17/2021 Dept Director: Michael Thane, Utilities Director Cost: $8,000.00 Indexes: Self -Financed Water Construction Attachments: LAF- Atrium Real Estate Services --Sam Bass WTL (LD 12.13.21), Atrium Proposal for Appraisal -Sam Bass Department: Utilities & Environmental Services Text of Legislative File CM-2021-349 The proposal is for appraisal services requested by the Utilities and Environmental Services Department to be used in acquisition of required waterline easement interests from R037925 and R037924 which are required for construction of the Sam Bass 42-inch Water Transmission Line project. Cost: $8,000.00 Source of Funds: Self -financed Water Construction City of Round Rock Page 1 of 1