CM-2026-074 - 3/20/2026 Lij n HORNSBY & COMPANY
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APPRAISERS AND CONSULTANTS
Chris Hornsby,MAI,President Tanner Cole,Analyst
Paul Homsby,MAI,SRA,Principal Kim Hussey,Analyst
Jake Kane,Partner Layna Fultz,Analyst
Eli Hanslik,MAI Thomas McLemore,Analyst
Katie Daniewicz,MAI Chloe Stoever,Analyst
Justin Sims,MAI Andrew Dzib-Galvan,Administrative Support
Ashley Lundgren,Business
Manager
March 5, 2026
Williamson County
c/o Don Childs
Sheets& Crossfield, P.C.
309 East Main Street
Round Rock, Texas 78664
Re: Proposal for appraisal services relating to 10 properties located along CR 118, Hutto, Texas.
Dear Mr. Childs:
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: 10 properties located along CR 118, Hutto,
Texas.
Purpose of the Appraisal: To estimate the just and adequate
compensation for the proposed acquisitions
as of the date of inspection
Use of the Report: Establishing a basis for partial acquisition of
the properties.
Appraisal& Reporting Standards: The appraisals will be developed and the
reports will be prepared in conformity with
and subject to the requirements of the
Austin Houston
7801 N. Capital of Texas Hwy • Suite 220 • Austin,Texas • 512-477-6311
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 _10 Appraisal Reports as defined by
Standards Rule 2-2(a) of USPAP.
Fee: $59,000 (Between $5,500 and $7,500 each),
payable upon incrementally upon delivery
of each 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, MAI, SRA $595/hour
Chris Hornsby, MAI $495/hour
Other MAI Staff Appraisers $450/hour
State Certified Appraisers $350/hour
Appraiser Trainees $250/hour
Research Director $300/hour
Research Staff $195/hour
Administrative Staff $125/hour
These rates are applicable in 2026. Rates in
future years may differ.
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: Williamson County
3/c)6/l0dC "--
Date Byaurie y.,,City Manager
Brad Maw)A-,51-.