CM-12-05-083ROUND ROCK, TEXAS
PURPOSE. F SSIOIt PROSPERITY.
Item Caption:
Cet-12-0.5-0i
RECEIVED
MAY 02 2017
City Manager Approval Form
Consider executing a proposal for appraisal services by Paul Hornsby & Company relating to a purchase
of a 1.19 acre tract of land at the southwest corner of FM 406 and Wyoming Springs.
Approval Date: May 4, 2012
Department Name: Legal
Project Manager:
Assigned Attorney: Steve Sheets
Item Summary:
This property acquisition is contemplated for a possible fire station site.
No. of Originals Submitted: 2
Project Name: Bradley 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:
Date4 301,%2—
**Electronic signature by the Director is acceptable. Please only submit ONE approval form per item. **
CIP ❑ ❑ Budget
N/A OK
❑ ❑
N/A OK
Purchasing
N/A
❑ Accounting ❑ ❑
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, TIDOS
PURPOSE PASSION PROSPERITY
Item Caption:
City Manager Approval Form
Consider executing a proposal for appraisal services by Paul Hornsby & Company relating to a purchase
of a 1.19 acre tract of land at the southwest corner of FM 406 and Wyoming Springs.
Approval Date: May 4, 2012
Department Name: Legal
Project Manager:
Assigned Attorney: Steve Sheets
Item Summary:
This property acquisition is contemplated for a possible fire station site.
No. of Originals Submitted: 2
Project Name: Bradley 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: 5/1/12
Department Director Approval: Date:
**Electronic signature by the Director is acceptable. Please only submit ONE approval form per item. **
CIP I I t ► Budget
N/A OK
❑1 ❑
N/A OK
Purchasing
❑� ❑
N/A OK
Accounting
❑ ❑
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/FORT WORTH
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 1.19 acre tract of land at the southwest corner of
FM 3406 and Wyoming Springs, 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:
Purpose of the Appraisal:
A 1.19 acre tract of land at the southwest
corner of FM 3406 and Wyoming Springs,
Round Rock, TX.
To estimate the market value of the fee
simple interest in the subject property as of
the date of inspection.
Use of the Report: Establishing a basis for acquisition of the
property.
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
CferL-QS-083
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 45 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, CR
Accepted:
Date
City of Round Rock