R-01-03-22-12D1 - 3/22/2001RESOLUTION NO. R- 01- 03- 22 -12D1
WHEREAS, the City of Round Rock desires to retain professional
appraisal services for right -of -way acquisitions on Chisholm Trail from
FM 3406 to RM 620, and
WHEREAS, TerCorp, Inc. has submitted an engagement letter to
provide said services, and
WHEREAS, the City Council desires to enter into said engagement
letter with TerCorp, Inc., Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the Mayor is hereby authorized and directed to execute on
behalf of the City an engagement letter with TerCorp, Inc. for
appraisal services for right -of -way acquisitions on Chisholm Trail from
FM 3406 to RM 620, a copy of said engagement letter being attached
hereto and incorporated herein for all purposes.
The City Council hereby finds and declares that written notice of
the date, hour, place and subject of the meeting at which this
Resolution was adopted was posted and that such meeting was open to the
public as required by law at all times during which this Resolution and
the subject matter hereof were discussed, considered and formally acted
upon, all as required by the Open Meetings Act, Chapter 551, Texas
Government Code, as amended, and the Act.
RESOLVED this 22nd day of Ma
ATTEST:
(
JOANNC LAND, City Secreta
CHr ,3T /A)E rmen,WEz, F+ss7.
R.\ WPDOCS \RRSOLUTI \R10333D1.WPD /ee
RO =T` A. STLUKA, . , Mayor
City of Round Rock, Texas
TerCorp, Inc.
March 7, 2001
Mr. Steve Sheets
City Attorney, City of Round Rock
Round Rock City Hall
309 E. Main Street
Round Rock, Texas 78664
Dear Mr. Sheets:
As requested, we offer the following proposal to perform the appraisal services necessary to prepare "Market Value"
appraisal for partial takings of real estate and, if possible, accompanying improvements, which the City of Round
Rock is desirous of acquiring for right -of -way on Chisholm Trail Drive.
The assignment includes appraising 5 parcels located along the east and west sides of Chisholm Trail Drive in
Round Rock, Williamson County, Texas.
The parcels, appraisal type and fees are listed below.
(1)
1200 Lakeway Drive, Suite 19A Phone: 512- 261 -4881
Austin, TX 78734 Fax: 512- 261 -4880
0 -1-n4 - ^ 1 -.;17 Ur'V9
0.019 acre tract being a portion of Lot 1 Block A, for "Encino Plaza" situated in the David Curry Survey,
Williamson County, Texas.
0.394 acre tract of land situated in the David Cany Survey, abstract Number 130, Williamson County,
Texas.
0.108 acre tract of land situated in the David Curry Survey, abstract Number 130, Williamson County,
Texas.
0.157 acre tract of land situated in the David Curry Survey, abstract Number 130, Williamson County,
Texas and being part of that called 6.99 acre tract of land as described in that deed to Craig William Hall,
et. al.
0.175 acre tract of land situated in the David Curry Survey, abstract Number 130, Williamson County,
Texas and being a portion of a called 5.00 acre tract as descnbed in that deed to Selma E. Inman Estate
Trust.
Our estimate of the cost to provide the required appraisals will be at the rate of $2,000 per parcel for the total fee of
$10,000. We will complete the assignment within sixty (60) days of the awarding of the contract. Please sign below
to acknowledge our proposal and return to us.
Respectfully submitted,
Edwin 7. Terry, MAI
TerCorp, Inc.
City of Round Rock
TerCorp, Inc.
Real Estate Counselors & Appraisers
GENERAL REAL ESTATE APPRAISE L EXPERIENCE
TerCorp, Inc. Is a real estate appraisal and consulting firm b
Beaumont, Texas. A wide variety of appraisal assignments ht
firm. The majority ofthese properties are located in Texas, wit
States.
Patricia Williamson, Leonard Berger, Edwin Teny, and Jim SS
Real Fstate appraisers. Patricia T. Williamson is the majority
a woman owned business by the City of Austin. Research ant
several other State Certified General Real Estate Appraisers as
qualified and experienced as expert witnesses in federal and sta
Members of the staff of TerCorp have been involved in tin
consultation regarding a variety of real property types. Apprai
industrial, agricultural, vacant land, special purpose, and resid
by members of the firm.
Properties appraised include post offices, military installations
facilities, airports, hospitals, oil and chemical refineries, aut
hotels and motels, shopping centers, movie theaters, Drug
Administration laboratories, research laboratories, recreational
pipelines, utilities, sewage treatment facilities, distribution
retirement centers, retail projects, offices, vacant land, subdivis
and many others.
Numerous properties being partially or totally acquired for higl
appraised and compensation estimated. Interests appraised incl
leasehold estates and undivided interests. Compensation for pt
aerial, surface and subsurface easement acquisitions has also be
TerCorp, Inc. has the personnel, experience and resources to
services. Professional pride is taken in supplying a high q
schedules. Due to the size and experience of its staff; TerCc
projects within relatively short time frames.
a - d 0881' T9E ETS
sed in Austin with a branch office in
re been completed by members of the
. some scattered throughout the United
nington all are State Certified General
caner and the business is a certified as
professional assistance is provided by
iecded. The principals of the firm are
court proceedings.
appraisal, review of appraisals, and
al assignments involving commercial,
ntial properties have been completed
high tech research and development
mobile dealerships, service stations,
Enforcement and Food and Drug
parks, Port of Entry Border Stations,
centers, deep water port facilities,
)ns, apartment complexes, residences
Nay improvement projects have been
de fee simple title, leased fee estates,
tiai losses of ownership rights due to
1 estimated.
provide a wide variety of appraisal
iality product and meeting contract
p is able to complete various sized
ow! , daooaeq.
dSE =90 Tz ET gad
General Services Administration
Office of Real Estate Sales (7DRA)
819 Taylor Street, Room 11A09
Fort Worth, TX 76102
Mr. Scott McDaniel
Regional Appraiser
(817) 731-6162
State of Texas Attorney General
P.O. Box 12548
Austin, TX 78711
Mr. JackMcGaffey
Assistant Attomey General
(512) 463 -2004
Texas Department of Transportation
P.O. Drawer 15426
Austin, TX 78761 -5246
Mr. John Bowen
(512) 832 -7232
U.S. Army Corps of Engineers
Seattle District Appraisal Branch
Real Estate Division RE-AP
P.O. Box 3755
Seattle, Washington 98124 -3755
Bob Zillmer
(206) 764 -3560
U.S. Fish and Wildlife Service
Division ofRealty, Room 4307
500 Gold Ave., SW, P.O. Box 1306
Albuquerque, New Mexico 87103
Zeb Matthews
(505) 248 -7414
Mr. Corbin Snow
Attorney at Law
7330 San Pedro, Ste. 620
San Antonio, Texas 78216
(210) 377 -2800
E 088t' T9E OTC
TERCORP, INC.
REFERENCES
out 'daoo..e .
dSE :90 TO ET clad
Commercial and Industrial
Airco Industrial Gases
American Cynamide Company
Bankston, Wright & Greenhill
Barron & Adler, Attys
Bonnet Resources, Inc.
Borden, Inc.
Bracewell & Patterson Attys.
Browning Ferris, Inc.
Brown, Maroney
& Oaks Hartline, Attys.
Cherokee Water Company
Chrysler Realty Corporation
Coca Cola Bottling Company
Cold Springs Granite Company
Colonial Pipeline Company
Corbin Snow, Atty. -
Dow Chemical Corporation
.eagle Realty Management Trust
Exxon Corporation
Fulbrighl & Jaworski, Attys.
Geoffrey Ferguson, Atty.
Gulf Oil Corporation
Gulf States Utilities
Houston Power & Light
Governmental /financial
Army Corps of Engineers
Austin Independent School Dist.
Bank One
Beaumont Independent School Dist.
City of Austin, Texas
City offcauntont, Texas
Federal Deposit Insurance Corp.
Federal Home Loan Bank Board
Federal National Mortgage Assn.
First State Bank
General Services Administration
Hardin County, Texas
Internal Revenue Service
Jefferson County, Texas
Nations Bank
Resolution Trust Corporation
'd 0138.1 T9Z ZTS
TERCORP, INC.
PARTIAL LIST OF CU] NTS
holiday Inns, Inc.
BM
ohnson & Gibbs, Attys.
:irby Industries
.ortas & Nettleton Co.
darriott Corporation
4ehaffy & Weber, Attys.
4obil Oil Corporation
lalional Biscuit Company
)tin Mathieson Chemical Corp
)rg ain, Bell & Tucker, Attys.
/wens Illinois, Inc
'owell, Popp & Ward, Attys.
'PG Industries
hell Oil Corporation
outhwcstcrn 13e11
ummagraphics, Inc.
'ejas Gas Corporation
'exaco, Inc
'exas Association of Realtors
'exas Eastern Pipeline Co.
Jnion Carbide Company
Jniversal Field Services
JS Steel Corporation
Vamack & McClish; Attys.
mall Business Administration
'exas Attorney General
'exas Commerce Bank
'exas Natl. Research Lab. Com.
'exas Dept. Of Ti msportation
'exas Parks & Wildlife
'exas Savings & Loan Cont.
'exas Savings & Loan Dept.
'ravis County, 'Texas
J.`.. Department of Interior
1.5; Department ofJuslicc
J. S. Department of Navy
1. S. Fish & Wildlife Service
Inited States Post Office
`eterans Administration
out 'duoo.iaq dSE :917 TO ET qaJ
Professional Affiliations and Activities
Educational Background
Experience
S•d O88' 19E ZIS
QUALIFICATIONS OF EDWIN J. ' 'ERRY, MAI
• State Certified General Appraiser No. TX 1324521 -G
• Past Chairman — Texas Real Estate Commission
• Member — The Appraisal Institute (MAT) No. 3886
• Past President — Beaumont, Texas Board of Realtors
• Past .President — Sabine Area Chapter No. 154, Society c
• Past Regional Vice President — Society of Real Estate Ai
• Past President —Houston Chapter No. 33, American Inst
• Past Director — National Association of Realtors
• Past Advisory Director — Real Estate Center, Texas A&•
• Member — Texas Association of Realtors
Association of Texas Real Estate Economists
American Real Estate Society
International Real Estate Federation
Appraisal Committee — National Association
Past Chairman of the Board and Chief Executive Officer of
with offices in Beaumont and Port Neches, Texas. Pas
Counselors, Inc. with offices in Austin, San Antonio, and Be
all phases of real estate sales, counseling, management, and i
as a fee appraiser and real estate counselor having completed
commercial and industrial properties for individuals, es
governmental agencies. Presently serving as Chairman of th
Texas based counseling and appraisal firm with a branch offs.
Qualified as an Expert Appraisal Witness in various Count
United States District Courts. State approved Instructor in
staff instructor for the Texas Association of Realtors, Louisiz
Association of Realtors, Oklahoma Association of Realtors,
and the Virginia Association of Realtors. Lecturer for t
Southern Methodist University, Lamar University, and the Ti
Eminent Domain. Designated as a Certified Environme
Construction Inspector by the Environmental Assessment .
Construction Inspectors.
'Real Estate Appraisers
praisers
:ute of Real Estate Appraisers
: University
if Realtors
Honor Graduate of the University of Texas with a di a in Business Administration.
Completed American Institute of Real Estate Appraiser Courses at Southern Methodist
University.
American Real Estate Corporation,
Chairman of Texas Real Estate
.rmont, Texas. Actively engaged in
evelopment for forty years. Active
assignments concerning residential,
rtes, attorneys, corporations, and
Board of TerCorp Inc., an Austin,
e in Beaumont, Texas.
• Courts, State District Courts and
teal Estate Appraising. Approved
is Realtors Association, Tennessee
:he Arkansas Realtors Association,
e University of Texas at Austin,
xas Attorney General's Seminar on
ttal Inspector and as a Certified
.ssociation and the Association of
out 'd.too..aq
d9C :90 Tz ST clad
Certification
"The Appraisal Institute conducts a program of continuing a lucation for its designated members.
MAI's and RM's who meet the minimum standards of his program are awarded periodic
educational certification."
1, Edwin J. Terry, MAI, am currently certified under the . ontinuing education program of the
Appraisal Institute.
•d 0981 T92 2 T
OUALIFICATIONS OF EDWIN J. TERRY, MAI
out 'd.sooaaz
d9E =90 Ta ET q7d
L •d
TEXAS APPRAISER LICENSING AND (E•RTIFICATION BOARD
Debra S. Runyan, Chair
Benjamin E. Barnett
L. W. (Wayne) Mayo
•
' BA' IT KNOWN THAT
EDWIN JOHNSON T. 3RRY
HAVING PROVIDED SATISFACTORY EVIDENCE' OF THE Q AT TFICATIONS REQUIRED BY
THE TEXAS APPRAISER LICENSING AND CER 7 FICATIONACl,
ARTICLE 6573a.2, VERNON'S TEXAS CIVJ , STATUTES,
IS AUTHORIZED TO USE THE Ti L1
STATE CERTIFIE] )
.GENERAL ESTATE A PPRAISER
Number: TX- 1324521 -C
Date of Issue: December 21, 2 100
Date of Pacpiration: December 31 2002
James M. Synatzske, Vice -Chair
Douglas Oldmixon
Robert A. Seale, Jr.
0881' I9Z ZT S
oum
aut 'd.too493
In Witness Thereof
Jacqueline G. Humphrey, Secretary
Eduardo A. Lopez
Elroy Carson
d9C =90 TZ CI 9aA
Professional Affiliations and Activities
• Member — The Appraisal Institute (MA1) No. 5828
• Texas State Certified General Appraiser —No. TX- 1322571 -C
• Arizona Temporary Certified General Appraiser —No. TP 40C
• Arkansas Temporary State Certified General Appraiser —No.
• New Mexico Temporary State Certified General Appraiser -1
• South Carolina Temporary Certified General Appraiser —No.
• Past Member Board ofDirectors, Central Texas Chapter No
• Past Member and Chairman — Admissions and Candidate
Texas Chapter No. 54, AIREA
• Past President and Governor — Association of Federal Apprais
• Past Member — Appraisal Standards Advisory Council, The A
• Member — Texas Society of Professional Land Managers and .
National Association of Installation Developers
Standards of Professional Practice Committee, Region VIII, T
Educational Background
Experience
B•d 088t' T9i; ZT9
QUALIFICATIONS OF LEONARD IL BE1 .GER, MAI
Presently serving as Senior Vice President of TerCorp, Inc., an .
and appraisal firm with a branch office in Beaumont, Texas. A:
counseling on all types of properties including commercial,
agricultural, and special purpose properties.
Fifteen years experience as a staff appraiser for the U.S. Arm
General Services Administration. Assignments included
agricultural, acquisition and disposal by the United States Gov(
Oklahoma, New.Mexico, Louisiana, and Arkansas.
Six years experience as Assistant Chief of Appraisal, Region 7, G
in appraising complex commercial, industrial, and special pi
preparing appraisal contract specifications and reviewing staff
above five states plus the states of Missouri, Kansas, Nebraska, ar.
Four years experience as the Chief, Appraisal Branch, :
Administration. Responsible for the appraisal program'in a 15
Gulf Coast to the Canadian Border.
74
:Go846N
b. TP -360
'P- 376-95
54, AIRBA
luidance Committees, Central
IS
praisal Foundation
praisers
.e Appraisal Institute
Graduate of Texas A&M University with a degree in Agric .lture. Completed numerous
Appraisal Institute courses at various universities.
.ustin, Texas based counseling
ignments include appraisal or
industrial, retail, residential,
Corps of Engineers and the
)mmercial, industrial, retail,
nment in the states of Texas,
neral Services Administration,
rpose properties, as well as •
ind contract appraisals in the
t Iowa.
Legion 7, General Services
state area extending from the
out
d9E =90 Tz EI Clad
6•d
Also responsible for final approval authority for value in the aea served. Advised and counseled
General Services Administration management on real e: .ate values and appraisal matters.
Included in this time period served seven months as Aci ng Director of Appraisal, General
Services Administration, Washington, D.C.. Had responsibi ■ty for national acquisition appraisal
program for General Services Administration. Provided ad ice and counsel to national General
Services Administration management on real estate values al d appraisal matters.
CERTIFICATION
OUALIFICATIONS 01? LEONARD H BERGER, MAI
(cont.)
"The Appraisal Institute conducts a program of continuing e .ucation for its designated members.
MAI's and RM's who meet the minimum standards of his program are awarded periodic
educational certification."
I, Leonard H. Berger, MAI, am currently certified under ne continuing education program of
the Appraisal Institute.
OBBb i98 ZIS out .d.roo4aq
dLE :90 TO ET gad
•
TEXAS APPRAISER LICENSING AND CERTIFICATION BOARD
BE IT KNOWN THAT
LEONARD H BERT 3 E
- •. Debra S. Runyan, .Chair .
Benjamin E. Baivett.
' W. _ (WISH)' MaYo
419.cmistsma.71 B11:43111.114
HAVING PROVIDED SATISFACTORY EVIDENCE OF THE Q 'ALJFJCATIONS REQUIRED BY
THE TEXAS APPRAISER LICENSING AND CE! 7 FICATJONACT.
ARTICLE 6573a.2. VERNON'S TEXAS CI V , STATUTES,
IS AUTHORIZED TO USE THE T. 'LE
STATE CERTIFIE• )
GENERAL REAL ESTATE,' PPRAISER
Number: TX- 13225714
0881+ T92 2TS
Date of issue: February 8, 2 100
Date of Expiration: February 28 2002
James M. Synatzske, Vice -Chair
David Gloiec
• Rotiert A. Seale, Ir.
,d1111011
Debra S. Rug n, Chair
. J vqueilne 0i Humphrey, Secretary
Eduardo A. Lopcz
Angie V . White
out 'd.joo .Jaq
In Witness Thereof
mu C. LinEr, Commissioner
dLE =90 T2 ET qaJ
QUALIFICATIONS OF JAMES H. SY 9LNGTON, MAT
Professional Affiliations
Education
Seminars
Member, The Appraisal Institute
State ofCalifomia, Certified General Licensed
Appraiser — AG 007757
State ofMassachusetts, Certified General Licensed
Appraiser - #4485
State of Texas, Certified General Licensed
Appraiser — TX 1328422 -
Southern Methodist University; Bachelor of Business A [ministration
Southern Methodist University; Master of Business Adr inistration
Texas Association of Asscssing Officers:
Full curriculum of real estate appraisal and property tax ssessing courses
American Institute of Real Estate Appraisers:
Pull curriculum of required and elective course; includir 3lncome Capitalization courses, Case
Studies, Standards and Ethics
Various professional seminars including Feasibility Ana ysis, Highest and Best
Use, Development Trends, Long Term Ground Leasing,
Cost Estimating, Industrial Valuation, Elderly housing, s rd USPAP
Appraisal Experience
Porcher, Bond, Wilk, Allison, Inc., Dallas, TX
StaffAppraiser, 1984 - 1986
Household Bank, Anaheim Hills, CA
Senior Commercial Appraiser, 1986 -1989
Citibank, Glendale, CA
Commercial Appraisal Manager, August 1993 to Decem ler 1996.
TerCorp, Inc., Austin, TX
Commercial Appraiser, 1997 to present
TT'd 088b ISa ETS
TerCorp, Inc.
out 'd.rooaao. dLE =9O TE ET gad
ZT'
Area:
OUALIFICATIONS OF JAMES tl. SVI1 IN TON, MAI
coot.
Property Types: office building (mid and high rise)
banking facilities
shopping centers
industrial properties (warehouse, mini -
warehouse, research and development)
elderly housing
apartments
hotels
residential subdivisions
manufactured housing subdivisions
mixed -use subdivisions
mobile home parks/recreational vehicle t irks
agricultural properties
highway rights -of - -way (eminent domain) .
gas stations
single family /condominium properties
08B' T9Z ZTS
Massachusetts - Counties of Esse: ,
Middlesex, Norfi Ik, Plymouth,
Suffolk, Bristol, i 3d Worcester
California -
Counties of Los . ngeles,
Orange, San Ben ardino,
Riverside, San D ,ga, and
Louis Obispo
Texas - Counties of Dal It ;, Tarrant,
Travis, and Colli.
Utah - Various counties
New York - Various counties
New Jersey - Various counties
Nevada - Various counties
Florida - Various counties
Studies: feasibility, market, highest and best use, !nt studies
Interests: fee simple, leased fee, leasehold
out 'djoo..ra3
TerCorp, Inc.
deE:so TZ ET clad
T 'd
Benjamin E. Barnett, Chair
Leonet Garza, Jr.
Robert A. Scale; Jr.
0884 T92 EIS
BE IT KNOWN THAT
ti
TEXAS APPRAISER LICENSING AND 1, ERTIFICATION BOARD
JAMES HANLLY SYN.INGTON
HAVING PROVIDED SATISFACTORY EVIDENCE OF THE { UALIFICATIONS REQUIRED BY
THE TEXAS APPRAISER UCENSING AND CE TIFICATIONACT.
ARTICLE 6573a.2, VERNON'S TEXAS CIl 7, STATUTES,
IS AUTHORIZED TO USE THE : t7J.3
STATE CERTIFII .D
GENERAL REAL ESTATE APPRAISER
Number: TX- 132842`2
Date of Issue: January 29, [999
Date of Expiration: January 3 I, 2001
Debra S. Runyan, Vice -[hair
David Gloier
James M. Synatzske
rs
ouz uooua�
In Witness Thereof
Benjamin 1.1. Barnett, Chair
Renil C. Lia6r, Commissioner
Jacqueline G. Humphrey, Secretary
Eduardo A. Lopez
Angie V. White .
df2:90 TZ ET 9nA
: Professional Qualifications
Educational Background
OUALLFICATIONS OF PATRICIA T. /ILLIAMSUN
• State Certified General Real Estate Appraiser
• Certificate Number TX- 1321371 -G
• State of Texas Real Estate Salesman
• License Number 316809
• 1?IIA Approved
University of Texas - Attended 1970 -1972
Steiner College - Completed Training Course and Awarded 1 :aching Certificate in
Sacratnento,•California 1976 -1978
Appraisal Institute, Former Member, 1990 -1998, Successfu ly completed all the courses and
respective exams required for MM designation and; ronsored by the American Institute
of Real Estate Appraisers (now known as The Appra sal Institute) 1982 - 1990
Recent Continuing Education Classes 1997 -1999:
Uniform Standards of Professional Appraisal Practice
Litigation Skills for the Appraiser
Appraising High Value and Historic Homes
The High Tech Appraisal Office
Fl IA Seminar
Real Estate Construction
Exnelience
Patricia T. Williamson is currently active as a fee appra
Pertaining to residential, commercial and industrial develo•
individuals, corporations, lending institutions, estates, alit
She has appraised a variety of property types for condemna
as an expert witness.
In the past, Patricia T. Williamson has been an independent
Corporation, Texas Real Estate Counselors, Inc., and Soul
currently serving as President of TerCorp Inc., an Austi
appraisal firm specializing in appraisal of commercial and
also has a branch office in Beaumont, Texas.
Certification
tai •d OBBb I9Z zis
;er, having completed assignments
ments since 1982. Clients include
rneys, and governmental agencies.
on purposes and has been qualified
3ontractor for American Real Estate'
;west Property Consultants. She is
based real estate counseling and
• esidential properties. TerCorp Inc.
The Texas Appraiser Licensing and Certification Boar( requires continuing education for
renewals. I, Patricia T. Williamson, certify that 1 h ;ve met the continuing education
requirements for Certification as a General Real Estate App Riser.
DUr 'daooJa4 cdRR:9n I. EI qa.
ST 'd
TEXAS APPRAISER LICENSING AND C ERTIFICATION BOARD
Debra S. Runyan, Clair
Genf. 1J. Garnett
L. W. (Wayne) Mayo
!Jr IT KNOWN 1I14T
PATRICIA TERRY WILL IAMSON
HAVING PROVIDED SATISFACIORE' EVIDENCE 01' 171E Q AI.1FICATTONS REQUIRED BY
771E TEXAS APPRAISER LICENSING AND C1 R 7FICATION ACTT,
ARTICLE 6573a.2, VERNON'S TEXAS CI VI . STATUTES,
IS AUTTIORIZED 70 USE 711E 1 ZC
STATE CERTIEIE: )
GENERAL REAL ESTATE 1 PPRAISER
O88' T2Z ZTS
Number: TX- 1321371 -t
Date of Issue: June 16, 1!
Dale of Expiration: June 30 2001
lamas M. SynaWke, Vice -Chair
• David Gloier
Robed A. Seale, Jr.
Ue ra S. n, Chair
Duc rduoouaq.
In Witness Thereof
C. Luger, Conuntss over
Jacqueline G. Ilumphrey, Secretary
Eduardo A. Lopez
Angie V. White
d8Er90 IZ Si clad
QUALIFICATIONS OF KIMBERLY N CCUTCHEON
Kimberly McCutcheon graduated with a Bachelor of Busim
University of Texas at Austin, majoring in Finance and R
commercial real estate appraiser and consultant, and has been
field since 1986. Experience includes the valuation of various,
apartments, office buildings, retail centers, special purpose, con
Education
Bachelors of Business degree from the University of Texas
including:
Introduction to Real Estate and Urban Land Development
Real Estate Finance and Syndication
Real Estate Law
Real Estate Investment and Feasibility Analysis
Real Estate Appraisal Theory and Methods
Other courses:
Technical Report Writing
Business Law
Principles of Marketing
Organizational Behavior and Administration
Tax Accounting & Fundamentals of Financial Accounting (1 is 2)
Finance - Money, Banking and Economic Conditions
Finance - International
Finance - Investment Management
Finance - Commercial Banking
Finance - Savings Institutions
Finance - Integrative
Appraisal Education
APPRAISAL INSTITUTE
Course 1A -1 - Real Estate Appraisal Principles
Course 1A-2 - Basic Valuation Procedures
Course 1B -A - Capitalization Theory and Techniques Part A
Course 1B -B - Capitalization Theory and Techniques Part B
Course 2 -1- Case Studies in Real Estate Valuation
Course 2 -3 - Standards of Professional Practice
Course 2 -2 - Valuation Analysis and Report Writing
9T'd 0661, T9Z ZTS
out 'd.roouaa
• -
TerCorp, Inc.
ss Administration degree from the
al Estate. Ms. McCutcheon is a
working in the real estate appraisal
ommercial and industrial properties,
emnation and subdivisions.
at Austin with real estate courses
d6E :90 TO ET gad
•
Professional Associations
Experience
LT •d 0884 T9Z ZTS
OUAL1FICATIONS OF KIMBERLY M L'CUTCREON
(cont.)
out sd.wv -Aaq
1 Tertorp, Inc.
Texas Real Estate Brokers License - Number 0362469St to Certified General Real Estate
Appraiser, Certificate No. TX- 1323657 -G
(Certification expires September 30, 2000)
Ms. McCutcheon was previously associated with Morgan, Bt ;be & Harper, Inc., Austin, Texas;
Urban Property Analysts, Inc., Austin, Texas; Trans -Texas Lar 1 Services, Austin, Texas; and First
Franklin Appraisal Company, Austin, Texas.
d6t: :90 T2 Et qaj
81 •d
TEXAS APPRAISER LICENSING AND C ERTIFICATION BOARD
HAVING PROVIDED SATISFACTORY EVIDENCE. OF THE Q. ALJFICATIONS REQUIRED BY
THE TEXAS APPRAISER LICENSING AND CER 7F; CATION ACT,
ARTICLE 6573a.2. VERNON'S TEXAS CIVI . STATUTES.
IS AUTHORIZED TO USE THE Ti 'LE
Benjamin E Harnett. Chair
Leoncl Garza, Jr.
Robert A. Scale. Jr.
KIMBERLY ANN MCCU TCHEON
STATE CERTIFIE. )
GENERAL REAL ESTATE 1 PPRAISER
08817 T92 ZTS
BE IT KNOWN THAT
Number: TX- 1323657 -( i
n®
Date of Issue: August 24, 1 1 98
Date of Expiration: September 3(, 2.000
Debra S. Runyan. Vice-Chair
David Gluier
James M. Synatzske
nsu
out rd.aoo.ra.3
•
In Witness "]'hereof
Benjamin E. 13arncu. Chair
Renil C. Liner. Commissioner
Jacqueline G 1 inmpbrcy, Secretary
Eduardo A. Lope/.
Angie V. White
dGE =90 12 ET qaA
DATE: March 16, 2001
SUBJECT: City Council Meeting — March 22, 2001
ITEM: 12.D.1. Consider a resolution authorizing the Mayor to execute an
engagement letter with Tercorp, Inc. for professional appraisal
services for right -of -way acquisitions on Chisholm Trail from FM
3406 to RM 620.
Resource: Steve Sheets, City Attorney
Julie Wolff, Legal Assistant
History: Chisholm Trail is in poor condition and deteriorating. The high volume of traffic
in the area is causing the road to deteriorate each year. Property acquisitions are
necessary for the completion of the improvements and appraisal services are
required for these acquisitions.
Funding:
Cost $ 10,000.00
Source of funds: 96 GO Bonds
Outside Resources: Tercorp, Inc.
Impact: Appraisal services are required to begin the acquisition phase of the project
Benefit: These improvements will provide a safer environment and will increase the value of
the surrounding properties.
Public Comment: N/A
Sponsor: N/A
•
•