CM-2015-818 - 6/26/2015PAUL HORNSBY & COMPANY
APPRAISERS AND CONSULTANTS
Paul Hornsby, MAI, SRA
David J. Englund, MAI, SRA
Eli Hanslik, MAI
Lance Lawson, MAI
Chris Hornsby, MAI
Melany Adler, MAI
Katie Daniewic , MAI
June 22, 2015
City of Round Rock
c/o Steve Sheets
Sheets & Crossfield, P.C.
309 East Main Street
Round Rock, Texas 78664
Clifford Shaw, State Certified
Joseph McAweeney, State Certified
Matthew Cox, Appraiser Trainee
Kimberly Garvey, Appraiser Trainee
Terri Bowden, Business Manager
Jennifer Beardsley, Administrative Assistant
Re: Proposal for appraisal services relating to two tracts of land on Sam Bass Road, Round Rock,
Texas: (1) a 2.029 acre tract with WCAD account #R418456 (2) a 2.59 acre tract improved with
a single family residence with WCAD account #R330703
Dear Mr. Sheets:
As requested, I 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:
Two tracts of land on Sam Bass Road,
Round Rock, Texas: (1) a 2.029 acre tract
with WCAD account #R418456 (2) a 2.59
acre tract improved with a single family
residence with WCAD account #R330703
To estimate the market value of the fee
simple interest in the subject property as of
the date of inspection. The properties will
be appraised both individually and as if sold
to a single purchaser.
Establishing a basis for acquisition of the
property.
7600 N. Capital of Texas Highway • Building B, Suite 210 • Austin, Texas 78731 • 512-477-6311 •
(Fax)512-477-1793
Appraisal & Reporting Standards:
Fee:
Completion:
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 Appraisal 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.
$6,500, payable upon delivery of the report.
Estimated at thirty (30) 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:
Ci=Roundk
By: LaurdAiadley, City Manager
/0- �y
Date
LEGAL DEPARTMENT APPROVAL FOR CITY COUNCIL/CITY MANAGER ACTION
Required for Submission of ALL City Council and City Manager Items
Department Name: Legal Project Name: Appraisal Services
Project Mgr/Resource: Steve Sheets Contractor/Vendor: Paul Hornsby & Company
Council Action:
ORDINANCE Q RESOLUTION
QCity Manager Approval
CMA Wording
Consider executing a proposal for appraisal services by Paul Hornsby & Company relating to two tracts of land on Sam Bass
Road: (1) a 2.029 acre tract and (2) a 2.59 acre tract improved with a single family residence.
Attorney Approval
Attorney
Notes/Comments
Date
O:\wdox\SCClnts\0199\01121225\MISC\00337169.XLS Updated 6/3/08
City of Round Rock
o
T MAS NO R°"` Agenda Item Summary
Agenda Number:
Title: Consider executing a proposal for appraisal services by Paul Hornsby &
Company relating to two tracts of land on Sam Bass Road: (1) a 2.029
acre tract and (2) a 2.59 acre tract improved with a single family
residence.
Type: City Manager Item
Governing Body: City Manager Approval
Agenda Date: 6/26/2015
Dept Director: Steve Sheets
Cost: $6,500.00
Indexes:
Attachments: 00337169.PDF, 00337177.PDF
Department: Legal Department
Text of Legislative File CM -2015-818
Consider executing a proposal for appraisal services by Paul Hornsby & Company relating to two tracts of
land on Sam Bass Road: (1) a 2.029 acre tract and (2) a 2.59 acre tract improved with a single family
residence.
Staff recommends approval.
City of Round Rock Page 1 Printed on 823/2015