CM-2014-621 - 12/5/2014City of Round Rock
Rox 9 Rouc Agenda Item Summary
Agenda Number:
Title: Consider executing a proposal for appraisal services by Paul Hornsby &
Company relating to property located at 1800 Gattis School Road.
Type: City Manager Item
Governing Body:
City Manager Approval
Agenda Date:
12/5/2014
Dept Director:
Steve Sheets
Cost:
$2,500.00
Indexes:
Attachments:
00325686.PDF, 00325688.PDF
Department:
Legal Department
Text of Legislative File CM -2014-621
Consider executing a proposal for appraisal services by Paul Hornsby 8 Company relating to property
located at 1800 Gattis School Road.
Staff recommends approval.
CRyor Romditck Page 1 PNrrted oa IVU 014
LEGAL DEPARTMENT APPROVAL FOR CITY COUNCIL/CITY MANAGER ACTION
Required for Submission of ALL City Council and City Manager Items
Department Name: Legal
Project Mgr/Resource: Steve sheets
Council Action:
ORDINANCE
Fx-xlcity Manager Approval
Project Name: Appraisal Services
ContractorNendor: Paul Hornsby 8 Campany
RESOLUTION
CMA Wording
Consider executing a proposal for appraisal services by Paul Hornsby 8 Company relating to properly located at 1800 Gadis
School Road.
Attorney Approval
dttorney
Date j;)- {-It
Wwdox\SCCInls10112N4651MISC=325686.XLS Updated 6/3/08
PAUL HORNSBY & COMPANY
APPRAISERS AND CONSULTANTS
Paul Hornsby, MAI, SRA, CRE Joseph McAweeney, State Certified
David J. Englund, MAI, SRA Katie Daniewicz, Slate Certified
Eli Hanslik, MAI Matthew Cox, Appraiser Trainee
Lance Lawson, MAI Kimberly Garrey, Appraiser Trainee
Chns Monisby, MAI Tem Bowder, Business Manager
Clinoid! Shaw, State Certified Jennifer Beardsley, Administrative Assistant
Melany Mier, State Certified
December 3, 2014
City of Round Rock
c/o Steve Sheets
Sheets & Crossfield, P.C.
309 East Main Street
Round Rock, Texas 78664
Re: Proposal for appraisal services relating to 1800 Gattis School Road, Round Rock, Texas
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:
Appraisal & Reporting Standards:
1800 Gattis School Road, Round Rock,
Texas.
To estimate the market value of the fee
simple interest in the land component of the
subject property as of the date of inspection.
To establish a basis for acquisition.
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
2100 Kramer Lane is Suite 550 is Austin, Texas 78758 is 512-477-6311 • (Fax) 512-477-1793
CM -.161L4- bat
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.
Fee: $2,500, payable upon delivery of the 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: $250/hour
MAI Staff Appraisers: $250/hour
State Certified Appraisers: $200/hour
Research Staff: $150/hour
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
P
Paul Hornsby, MAI, SRA, C
Accepted:
City of Round Rock
L/
By: fiteve Sheees• 0. .( If Date
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