CM-2026-194 - 7/24/2026 APPRAISERS AND CONSULTANTS
Chris Hornsby, MAI,President Tanner Cote,Analyst
Paul Hornsby,MAI,SRA,Principal Kim Hussey,Analyst
Jake Kane,Partner Layna Fultz,Analyst
Eli Hanslik,MAI Thomas McLemore,Anatyst
Katie Daniewicz,MAI Chloe Stoever,Analyst
Justin Sims, MAI Andrew Dzib-Galvan,Administrative Support
Ashley Lundgren,Business Manager
July 141, 2026
City o4 Round Rock
c/o Don Childs
Sheets, Childs& Sandre, PL.,L.,C;
309 East Main Street
Round lock, Texas 78664
Ike: Proposal for appraisal services relating to four properties located along Bellviewv and dash
Drive, Round bock, 'Texas.
Lear Mr. Childs:
As requested, I ani pleased to provide this proposal f€ar appraisal services relating to the
properties captioned above. Terms of the assignment are summarized below.
Deal Estate to be Appraised: four properties located along Bellviewv and
Nash Drive, Round Dock, Texas.
Purpose of the Appraisal: To estimate 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..
Austin Ilouston
7801 N. Capital of Texas 11%ivy 9 Suite 220 Austin, Texas 51.2-477-631 1
IV" - 01 '.
Appraisal& Reporting Standards: The appraisals will be developed and the
reports 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 four Appraisal Reports as defined by
Standards Rule 2-2(a)of USPAP.
Fee: $24,000 total
Airhart: $6,500
Chapa: $5,500
Perez: $5,500
Woods: $6,500
The fee is payable incrementally upon
delivery of each report and is predicated on
the assumption that only the land
component of the property will be appraised
and the primary improvements are not
impacted by the proposed acquisition(s).
Should 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, 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 $300/11our
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 writteri.
authorization to Proceed.
If these terms are acceptable, Please indicate by executing this agreemetlt and returnitlg one copy
to me. I loop forward to working with you otl this assignment.
Respectfully Submitted,
Paul Hornsby & Company
Paul Hornsby, MAI, SRA
Accepted: City of Round Rock
-2— W2. 2 A
Gate 4"�
By: Brooks Bennett, City
Manager
BELLVIEW AVE.
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