CM-2022-101 - 4/22/2022I P r 1 HORNSBY cYc COMPANY
ill
Paul Hornsby, MAI, SRA
Chris Hornsby, MAI, Principal
Kimberly Hussey, Analyst, Principal
Eli Hanslik, MAI
Melany Adler, MAI
Katie Daniewicz, MAI
Clifford Shaw, ASA
Justin Sims, State Certified
April 14, 2022
City of Round Rock
c/o Steve Sheets
Sheets & Crossfield, P.C.
309 East Main Street
Round Rock, Texas 78664
APPRAISERS AND CONSULTANTS
Jake Kane, Analyst
Lindsey Berry, Analyst
Tanner Cale, Analyst
Sarah Taylor, Analyst
Justin Allen, Analyst
Kelly Wells, Research Director
Terri Bowden Nolker, Business Manager
Cynthia Stevens, Administrative Support
Re: Proposal for appraisal services relating a 0.905 acre tract of land improved with a 3,932 SF
Regions Bank located at 101 Old Settlers Blvd., Round Rock, Texas 78681,
Dear Mr. Sheets:
As requested, 1 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:
Proposal for appraisal services relating a
0.905 acre tract of land improved with a
3,932 SF Regions Bank located at 101 Old
Settlers Blvd., Round Rock, Texas 78681.
To estimate just and adequate compensation
for the proposed fee simple acquisition and
temporary construction easement as of the
date of inspection.
Establishing a basis for partial acquisition of
the property.
7600 N_ Capital of Texas Highway to Building B, Suite 210 • Austin, Texas 78731 • 512-477-6311 •
(Fax)512-477-1793
Appraisal & Reporting Standards: 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
Appraisal Foundation and the Code of
Professional Ethics and the Standards of
Professional 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.
Fee: $8,500, payable upon delivery of the report.
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 $495/hour
Chris Hornsby $395/hour
MAI Staff Appraisers $350/hour
State Certified Appraisers $250/hour
Appraiser Trainees $200/hour
Research Staff $180/hour
Administrative Staff $100/hour
Information Necessary to •Survey
Complete the Assignment •Site Plan
(as available): •Building floor plans and elevations
•Title commitment
•Any offers to buy or sell the property
within the last three years
Completion:
Estimated at 60 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
Paul Hornsby, MAI, SRA
Accepted:
22,ZZ
e
City of Round Rock
By: Laurie HOley, City Man er
County: Williamson
Parcel: Parcel 1-Hutto State Bank
Highway: Chisholm Trail Rd
EXHIBIT
PROPERTY DESCRIPTION
Page 1 of 3
02-28-22
DESCRIPTION OF A 0.0321 ACRE (1,397 SQUARE FOOT) PARCEL OF LAND
SITUATED IN THE DAVID CURRY SURVEY, ABSTRACT NO. 130 IN
WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF LOT 1, BLOCK "A",
HOPPE SUBDIVISION, A SUBDIVISION OF RECORD IN CABINET J, SLIDE
167 OF THE PLAT RECORDS OF WILLIAMSON COUNTY, TEXAS, AND
CITED IN WARRANTY DEED TO HUTTO STATE BANK IN VOLUME 2396,
PAGE 198 OF THE OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS,
SAID 0.0321 ACRE (1,397 SQUARE FOOT) PARCEL OF LAND BEING MORE
PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING at an iron rod with aluminum cap stamped "ROW 4933" set in the proposed
easterly Right -of -Way (ROW) line of Chisholm Trail Road (variable width ROW), (Grid
Coordinates determined as N=10,168,297.09 E=3,127,127.44), being in the northerly boundary
line of Lot 1, Block "A", Final Plat Subdivision of the Cracker Barrel Property, a subdivision of
record in Cabinet K, Slide 228 of the Plat Records of Williamson County, Texas, same being the
southerly boundary line of said Lot 1, Hoppe Subdivision, for the southeasterly corner and
POINT OF BEGINNING of the herein described parcel;
1) THENCE, with said proposed easterly ROW line, same being the common boundary line of
said Lot 1, Hoppe Subdivision and said Lot 1, Cracker Barrel Subdivision, S 70°27'10" W for
a distance of 11.45 feet to a 5/8" iron rod found, in the existing easterly ROW line of
Chisholm Trail Road (variable width ROW), being the northwesterly corner of said Lot 1,
Cracker Barrel Subdivision, same being the southwesterly corner of said Lot 1, Hoppe
Subdivision, for the southwesterly corner of the herein described parcel;
2) THENCE, with said existing easterly ROW line of Chisholm Trail Road, same being the
westerly boundary line of said Lot 1, Hoppe Subdivision, N 00°30168" E for a distance of
177.90 feet to a 112" iron rod found at the beginning of a non -tangent curve to the right,
being in the existing southerly ROW line of West Old Settlers Boulevard (120 foot ROW
width), same being the northwesterly corner of said Lot 1, Hoppe Subdivision, for the
northwesterly corner of the herein described parcel;
3) THENCE, departing said existing easterly ROW line of Chisholm Trail Road, with said
southerly ROW line of West Old Settlers Blvd., same being the northerly boundary line of
said Lot 1, Hoppe Subdivision, along said curve to the right, having a delta angle of
00028100", a radius of 1,213.24 feet, an arc length of 9.88 feet and a chord which bears
N 86°11'21" E for a distance of 9.88 feet to an iron rod with aluminum cap stamped "ROW
4933" set in said proposed easterly ROW line of Chisholm Trail Road, for the northeasterly
corner of the herein described parcel;
THENCE, departing said southerly ROW line of West Old Settlers Blvd., with said proposed
easterly ROW line of Chisholm Trail Road, through the interior of said Lot 1, Hoppe Subdivision,
the following five (5) courses:
4) S 00°00'23" W, for a distance of 11.56 feet to an iron rod with aluminum cap
stamped "ROW 4933" set;
County: Williamson Page 2 of 3
Parcel: Parcel 1-Hutto State Bank 02-28-22
Highway: Chisholm Trail Rd
5) N 89°59'38" W, for a distance of 4.96 feet to an iron rod with aluminum cap stamped
"ROW 4933" set;
6) S 00°31'32" W, for a distance of 79.96 feet to an iron rod with aluminum cap
stamped "ROW 4933" set;
7) N 88047'39" E, for a distance of 5.08 feet to an iron rod with aluminum cap stamped
"ROW 4933" set;
8) S 00°02'30" W, for a distance of 83.31 feet to the POINT OF BEGINNING,
containing 0.0321 acres (1,397 square feet) of land, more or less.
NOTE: There is also a variable width Temporary Construction Easement adjoining and easterly
of calls 4 through 7, and in part call 8 as depicted and dimensioned on the accompanying Parcel
Plat.
This property description is accompanied by a separate parcel plat.
All bearings recited herein are based on the Texas State Plane Coordinate System, Central
Zone No. 4203, NAD 83.
THE STATE OF TEXAS §
§ KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF WILLIAMSON §
That I, M. Stephen Truesdale, a Registered Professional Land Surveyor, do hereby certify that
the above description is true and correct to the best of my knowledge and belief and that the
property described herein was determined by a survey made on the ground under my direct
supervision.
WITNESS MY HAND AND SEAL at Round Rock, Williamson County, Texas.
//. I Z&M:�Iov? 0-4LV/P;e zzL
M. Stephen NeWale V e
Registered Professional Land Surveyor No. 4933
OF
Licensed State Land Surveyor
Inland Geodetics, LLC �: Q �%
Firm Registration No: 100591-00 '
1504 Chisholm Trail Road, Suite 103 , •. sTHt N Ti}u1=50A1£
*�+ ......«....
Round Rock, TX 78681 .� 4933�r
SAMERICAN STRUCTUREPOINTI3406 AT CHISHOLM TRLIPARCELSIHOPPEAGe is
NUMBER
DELTA
RADIUS
LENGTH
CHORD
CHORD BEARING
Cl
00028,00"
1.213.24'
9.88,
9.88'
N86011'21"E
(C2)
(18°38'5B")
(1,213,24')
(394.90')
(393.16')
(S83026'57"E)
C3
01011'31"
1,213.24'
25,24'
25.24'
N87"01'06"E
C4
180000'00"
7.00'
21.99'
14 00'
N00000'00"W
LEGEND
0
IRON ROD WITH ALUMINUM CAP
STAMPED "ROW 4933" SET
1/2" IRON ROD FOUND
p
PROPERTY LINE
P.O.B.
POINT OF BEGINNING
( )
RECORD INFORMATION
P R.W.C.T.
PLAT RECORDS
WILLIAMSON COUNTY, TEXAS
0.R.W.C.T.
OFFICIAL RECORDS
WILLIAMSON COUNTY, TEXAS
NO.
DIRECTION
DISTANCE
LI
S70027'10"W
11.45'
L2
SOOOOO'23"W
11.56,
L3
N89059'38"W
4.96'
L4
S00°31'32"W
79.96'
L5
N88047'39"E
L6
S00°02'30"W
83.31'
L7
S43028'43"W
40.45'
LB
soo°oo'22"w
17.31'
L9
N89035'20"E
9.50'
LIO
$89041'03"W
9.50'
LII
S00°00'22"W
31.13'
LI2
NB8047'39"E
18.97'
L13
S00010'55"E
39.15'
L14
N89°59'58"W
17.10'
LI5
S00002'3011W
45.52'
V �Y
pA�11D GURRYN� U 30
WESY (LD SR WE WiDTHBOULEVARD
5' P.U.E.
PER PLAT-
0
0 w
Jj
�=
o
_
�-
Uv
o p 1
zZ i
1) ALL BEARINGS SHOWN HEREON ARE BASED ON GRID
BEARING. ALL DISTANCES ARE SURFACE DISTANCES.
COORDINATES ARE GRID VALUES BASED ON THE TEXAS
STATE PLANE COORDINATE SYSTEM, CENTRAL ZONE NO.
4203. NAD 83.
2) THIS SURVEY WAS PERFORMED WITHOUT BENEFIT OF A
TITLE ABSTRACT, THERE MAY BE OTHER INSTRUMENTS OF
RECORD THAT AFFECT THIS TRACT NOT DEPICTED HEREON.
I HEREBY CERTIFY THAT THIS PLAT IS TRUE AND CORRECT
AND THAT THE PROPERTY SHOWN HEREON WAS DETERMINED
BY A SURVEY MADE ON THE GROUND UNDER MY DIRECT
SUPERVISIO
Zolele
M. ST. PHEN TRUESDALE DATE
REGISTERED PROFESSIONAL LAND SURVEYOR NO. 4933
LICENSED STATE LAND SURVEYOR
INLAND GEODETICS. LLC
FIRM REGISTRATION NO. 100591-00
1504 CHISHOLM TRAIL ROAD, SUITE 103
ROUND ROCK, TEXAS 786M
EXISTING
i
L2
5' P.U.E. PER PLAT
v
L3
m LOT I
0.0321 AC. BLOCK "A"
L9 1.397 SO. FT.
a
HUTTO STATE BANK
"LIO VOL. 2396. PG. 198
O.R.W.C,T.
L5 TEMPORARY
CONSTRUCTION HOPPE SUBDIVISION
L12 EASEMENT CAB. J. SL. 167
0.0333 AC. P,R.W.C.T.
1.450 SO FT.
I
In 15' P.U.E.
1 PER PLAT
J r
_ r
L14 r r I
r
La
r ,
FINAL PLAT
SUBDIVISION OF THE CRACKER
BARREL PROPERTY
CAB. K, SL. 228
P.O.B. P.R.W.C.T.
GRID COORDINATES:
N-10,168,297.09
E=3.127,127.44
....N............. N..}......
M. ST-CRIEN TAUESDALE
. ....N {• N.M .... I.N.. } • .. Y
r 9 4933 t 1.
*ICESS�
LOT I
BLOCK "A"
02/28/2022
I N L A N Di; PARCEL PLAT SHOWING PROPERTY OF
cEODEiICS', HMO STATE BANK PARCEL 1
rwTllQruw Av EAFM V ORS
IS04 CHESHMM TRAILREI. STE 103
ROUND ROCK TX »en SCALE PROJECT
rai'Rcasiu '�i�oaioosg�taso� 1" = 40' WILLIAM50N COUNTY CHISHOLM TRAIL PAGE 3 OF 3
Deed Report Wed Feb 23 17:43:50 2022
Deed Name: HSB-NOTES
Starting Coordinates: Northing 10169493.1268, Easting 3128153.5753
Bearing Distance Type Radius Arc Len Delta 'Tangent Description
S 70027110" W 11.4500 LINE
N 00030'58" E 177.9000 LINE
N 86011'21" E 9.8800 CURVE R 1213.240 9.8800 0°28'00" 4.9400
Rad-In: S 04002139" E Rad-Out: S 03°34139" E
S 00000'23" W 11.5600 LINE
N 89059138" W 4.9600 LINE
S 00031132" W 79.9600 LINE
N 88047139" E 5.0800 LINE
S 00002'30" W 83.3100 LINE
Ending Coordinates: Northing 10169493.1261, Easting 3128153.5694
Area: 1396.79 S.E., 0.0321 Acres
Total Perimeter Distance> 384.1000
Closure Error Distance> 0.005945 Error Bearing> N 82056122" E
Closure Precision> 1 in 64613.0
Page 1 of 1
Deed Report Wed Feb 23 17:43:57 2022
Deed Name: HSB-SKETCH
Starting Coordinates: Northing 10169498.5949, Easting 3128360.8398
Searing Distance Type Radius Arc Len Delta Tangent Description
S 70027110" W 11.4500 LINE
N 00030158" E 177.9000 LINE
N 86011121" E 9.8800 CURVE R 1213.240 9.8800 002B'00" 4.9400
Rad-In: S 04002139" E Rad-Out: S 03°34139" E
S 00000'23" W 11.5600 LINE
N 89°59'38" W 4.9600 LINE
S 00031'32" W 79.9600 LINE
N 88047139" E 5.0800 LINE
S 00002130" W 83.3100 LINE
Ending Coordinates: Northing 10169498.5942, Easting 3128360.8339
Area: 1396.79 S.F., 0.0321 Acres
Total Perimeter Distance> 384.1000
Closure Error Distance> 0.005945 Error Bearing> N 82056122" E
Closure Precision> 1 in 64612.9
Page 1 of 1
Deed Report Mon Feb 28 18:57:18 2022
Deed Name: TCE-FINAL
Starting Coordinates: Northing 10169215.5777, Easting 3127919.7136
Bearing
Distance
Type
Radius
Arc Len
Delta
Tangent Description
N 00002130"
E
37.7900
LINE
S 88047139"
W
5.0800
LINE
N 00031132"
E
79.9600
LINE
S 89059138"
E
4.9600
LINE
N 00000123"
E
11.5600
LINE
N 87001106"
E
25.2400
CURVE
R 1213.240
25.2405
1011'31"
12.6207
Rad-In:
S 03*34140"
E
Rad-Out: S 02023108" E
S 43028143"
W
40.4500
LINE
S 00000122"
W
17.3100
LINE
N 89035120"
E
9.5000
LINE
S 00000100"
E
14.0000
CURVE
R 7.0000
21.9911
180000100"
0.0000
Rad-In:
S 00°00'00"
E
Rad-Out: N 00000'00" W
S 89041'03"
W
9.5000
LINE
S 00000122"
W
31.1300
LINE
N 88047'39"
E
18.9700
LINE
S 00010'55"
E
39.1500
LINE
N 89059158"
W
17.1000
LINE
Ending Coordinates: Northing 10169215.5634, Easting 3127919.7146
Area: 1450.28 S.F., 0.0333 Acres
Total Perimeter Distance> 369.6916
Closure Error Distance> 0.014366 Error Bearing> N 04"06141" W
Closure Precision> 1 in 25733.3
Page 1 of 1
No Text
ROUND ROCK
TEXAS
City of Round Rock
Agenda Item Summary
Agenda Number:
Title: Consider executing Engagement Agreement with Paul Hornsby & Company for
appraisal services related to the acquisition of a 0.0321 acre tract of land at 101
East Old Settlers Boulevard, Round Rock, TX 78681.
Type: City Manager Item
Governing Body: City Manager Approval
Agenda Date: 4/22/2022
Dept Director: Steve Sheets, City Attorney
Cost: $8,500,00
Indexes: RR Transportation and Economic Development Corporation (Type B)
Attachments: REGIONS(1)--LAF 4.18., REGIONS(1)--exhibit, REGIONS(1)--Hornsby proposal,
REGIONS(l)--revised 0.032 ac r.o.w. field notes + tce sketch --Chisholm RTL
(Inland
Department: City Attorney's Office
Text of Legislative File CM-2022-101
Cost: $8,S00.00
Source of Funds: Round Rock Transportation and Economic Development Corporation (Type B)
C4 of Round Rock Page 1 of 1