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GM-13-02-06-044PAUL HORNSBY & COMPANY APPRAISERS AND CONSULTANTS AUSTIN. DALLAS/FORT WORTH Paul Hornsby, MAl. SRA, CREG!l C81her1ne A Them... State certified DavId J. Englund, MAl. SRA Melany Adler. Stalll C8rtIlIed EM HaneIIk. MAl Joseph McAweeney, State cer1lfled ~LaIne,MAI Kelle Danlewlcz, State cer1lfled ~lMweon, MAl K1mblllly Garvey, Research Dlnlctor Chrts HomIby, MAl Terri Bowden. Business Manager Dawn Smlll, MAl KrI&11an Thompson, Admlnllltr8t1ve Aulstant ClIfford Shaw. Stale CerlIlIed January 28, 2013 Sam Roberts, Interim General Manager Brushy Creek Regional Utility Authority C:/O Steve Sheets Sheets & Crossfield, P.C. 309 East Main Street Round Rock, Texas 78664 Re; Proposal for appraisal services relating to an 8.01 acre fee acquisition out of a 75.7 acre parent tract located between Jackson Street and Lake Travis, Travis County, Texas. Dear Mr. Roberts As requested, I am pleased to provide this proposal for appraisal services relating to the property captioned above. Tenns ofthe assignment are summarized below. Real Estate to be Appraised: An 8.01 acre fee acquisition out of a 75.7 acre parent tract located between 1ackson Street and Lake Travis, Travis County, Texas. Purpose of the Appraisal: To estimate just and adequate compensation for acquisition ofthe 8.01 acre tract. Use ofthe Report: Establishing a basis for acquisition of the property. Appraisal" Reporting Standards: The appraisal will be developed and the report will be prepared in conformity with and subject to the requirements of the Unifonn 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. 2100 Kramer Lane. Suite 550. Austin, Texas 78758 .512-477-6311 • (Fax) 512-477-1793 777 Main Street. Suite 600 • Fort Worth, Texas 76] 02 • 817-887-8467 The results of our analysis will be set forth in a summary report as defined by Standards Rule 2-2(b) ofUSPAP. Fee: $7500,payable upon delivery ofthe 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: $2501hour StaffAppraisers: $150-$200/hour CompledoD: Estimated at 45 -60 days from your written authorization to proceed. Ifthese 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, MAl, SRA, CRE Accepted: Brushy Creek Regional Utility Authority M,~· By: Sam Roberts Interim General Manager G1 ~L3--/) "b'()I,~