CM-12-05-082ROUND ROCK, TEXAS
PURPOSE PASSION PROSPERITY
Item Caption:
( 2.-o -off Z --
RECEIVED
MAY 022011
City Manager Approval Form
Consider executing a proposal for appraisal services by Paul Hornsby & Company relating to purchase of
a 5,625 SF tract of land on E. Liberty Avenue, known as the Gonzalez tract.
Approval Date: May 4, 2012
Department Name: Legal
Project Manager:
Assigned Attorney: Steve Sheets
Item Summary:
The acquisition of this property is necessary to construct a public parking lot for Main Street shoppers.
No. of Originals Submitted: 2
Project Name: Gonzalez Tract
Cost: $3,750.00
Source of Funds: Select Source Fund
Source of Funds (if applicable): Select Source Fund
Account Number:
Finance Director Approval:
Department Director Approval:
Date:
Date: I/i //2—
**Electronic signature by the Director is acceptable. Please only submit ONE approval form per item. **
CIP n n Budget
N/A OK
n❑
N/A OK
Purchasing n n Accounting
N/A OK
❑ ❑
N/A OK
ITEMS WILL NOT BE PLACED ON THE COUNCIL OR CM AGENDA W/OUT PRIOR FINANCE AND/OR LEGAL APPROVAL
REV. 6/20/11
ROUND ROCK TEXAS City Manager Approval Form
PURPOSE PASSION PROSPERITY
Item Caption:
Consider executing a proposal for appraisal services by Paul Hornsby & Company relating to purchase of
a 5,625 SF tract of land on E. Liberty Avenue, known as the Gonzalez tract.
Approval Date: May 4, 2012
Department Name: Legal
Project Manager:
Assigned Attorney: Steve Sheets
Item Summary:
The acquisition of this property is necessary to construct a public parking lot for Main Street shoppers.
No. of Originals Submitted: 2
Project Name: Gonzalez Tract
Cost: $3,750.00
Source of Funds: General Self -Financed Construction
Source of Funds (if applicable): Select Source Fund
Account Number:
Finance Director Approval:
Cheryl Delaney Date: 5/1/23
Department Director Approval: Date:
CIP
N/A
**Electronic signature by the Director is acceptable. Please only submit ONE approval form per item. **
OK
Budget
El
N/A OK
Purchasing
aH
N/A OK
Accounting F7 ❑
N/A OK
ITEMS WILL NOT BE PLACED ON THE COUNCIL OR CM AGENDA W/OUT PRIOR FINANCE AND/OR LEGAL APPROVAL
REV. 6/20/11
PAUL HORNSBY & COMPANY
APPRAISERS AND CONSULTANTS
AUSTIN • DALLAS/FORTWORTH
Paul Hornsby, MAI, SRA, CRE®
David J. Englund, MAI, SRA
Eli Hanslik, MAI
Krista Laine, MAI
Clifford Shaw
Steve Bryant
April 27, 2012
City of Round Rock
c/o Steve Sheets
221 E. Main Street
Round Rock, TX 78664
Lance Lawson
Chris Homsby
Cathy Thomas
Dawn Smith
Corey Smith
Melany Adler
Joseph McAweeney
Re: Proposal for appraisal services relating to a 5,625 SF tract of land on E. Liberty Ave, Round
Rock, TX.
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: A 5,625 SF tract of land on E. Liberty Ave,
Round Rock, TX.
Purpose of the Appraisal:
To estimate the market value of the fee
simple interest in the subject property as of
the date of inspection.
Use of the Report: Litigation proceedings.
Appraisal & Reporting Standards:
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.
2100 Kramer Lane • Suite 550 • Austin, Texas 78758 • 512-477-6311 • (Fax) 512-477-1793
777 Main Street • Suite 600 • Fort Worth, Texas 76102 • 817-887-8467
GM-11,'oS-0$2
The results of our analysis will be set forth
in a summary report as defined by Standards
Rule 2-2(b) of USPAP.
Fee: $3,750, payable upon delivery of the report.
Completion:
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
Staff Appraisers: $150-$200/hour
Estimated at 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:
0.-/ 7,-2
Date
City of Round Rock