CM-13-08-121....,r.-
ROUNDOCK, TEXAS
MANE 1%990K nospoure
City of Round Rock
Agenda Item Summary
Agenda Number:
Title: Consider executing a proposal for appraisal services by Paul Hornsby &
Company relating to water line and temporary construction easements to
be acquired out of a tract of land at the southeast corner of CR 112 and
FM 1460.
Type: City Manager Item
Governing Body: City Council
Agenda Date: 8/2/2013
Dept Director: Steve Sheets
Cost: $4,500.00
Indexes:
Attachments: 00279112.PDF, 00279037.PDF
Text of Legislative File CM -13-08-121
Consider executing a proposal for appraisal services by Paul Hornsby & Company relating to water line
and temporary construction easements to be acquired out of a tract of land at the southeast corner of CR
112 and FM 1460.
These easements are needed for the construction of the reuse water system serving northeast
Round Rock.
Staff recommends approval.
City of Round Rock Page 1 Printed on 7/25/2013
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
mi
Council Action:
ORDINANCE
Agenda Wording
Project Name: Appraisal Services
ContractorNendor: Paul Hornsby & Company
n RESOLUTION
City Manager Approval
CMA Wording
Consider executing a proposal for appraisal services by Paul Hornsby & Company relating to water line and temporary
construction easements to be acquired out of a tract of land at the southeast corner of CR 112 and FM 1460.
Attorney Approval
Attorney
Notes/Comments
Date
O:\wdox\SCCInts\0199\7134-2\MISC\00279037.XLS Updated 6/3/08
PAUL HORNSBY & COMPANY
APPRAISERS AND CONSULTANTS
AUSTIN • DALLAS/FORT WORTH
Paul Hornsby, MAI, SRA, CRE
David J. Englund, MAI, SRA
Eli Hanslik, MAI
Lance Lawson, MAI
Chris Hornsby, MAI
Dawn Smith, MAI
Catherine A. Thomas, MAI
July 24, 2013
City of Round Rock
c/o Steve Sheets
309 E. Main Street
Round Rock, Texas 78664
Clifford Shaw, State Certified
Melany Adler, State Certified
Joseph McAweeney, State Certified
Katie Daniewicz, State Certified
Kimberly Garvey, Research Director
Terri Bowden, Business Manager
Re: Proposal for appraisal services relating to water line and temporary construction easements
to be acquired out of a tract of land at the southeast corner of CR 112 and FM 1460, Williamson
County, Texas.
Dear Mr. Sheets:
As requested, 1 am pleased to provide this
captioned above. Terms of the assignment
Real Estate to be Appraised:
Purpose of the Appraisal:
Use of the Report:
Appraisal & Reporting Standards:
proposal for appraisal services relating to the property
are summarized below.
Water line and temporary construction
easements to be acquired out of a tract of
land at the southeast corner of CR 112 and
FM 1460, Williamson County, Texas
To estimate adequate compensation for the
easement acquisitions.
Establishing a basis for acquisition of the
easements.
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
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
CIA -13- oS LI
Appraisal Institute.
The results of our analysis will be set forth
in a summary report as defined by Standards
2-2(b) of USPAP.
Fee: $4,500, payable upon delivery of the report.
Completion:
Time subsequent to the initial assignment,
including, without limitation, 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 40 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:
Ote/9/.3
Date
City of Round Rock
By: Steve Norwood, City Manager