CM-13-08-135'ROUND ROI(, TEXAS
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City of Round Rock
Agenda Item Summary
Agenda Number:
Title: Consider executing a proposal for appraisal services by Paul Hornsby &
Company relating to waterline and temporary construction easements to
be acquired out of a tract of land near the intersection of IH -35 and Sam
Bass Road.
Type: City Manager Item
Governing Body: City Manager Approval
Agenda Date: 8/23/2013
Dept Director: Steve Sheets/Jason Rammel
Cost: $3,750.00
Indexes:
Attachments: 00280440.PDF, 00280471.PDF
Text of Legislative File CM -13-08-135
This item is to consider executing a proposal for appraisal services by Paul Hornsby & Company for a waterline
and temporary construction easement needed for the Somerset Waterline Improvements .
Staff recommends approval.
City of Round Rock Page 1 Printed on 8/22/2013
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: Jason Rammel
[]Council Action:
ORDINANCE
Agenda Wording
Project Name: Appraisal Services
Contractor/Vendor: Paul Hornsby & Company
n RESOLUTION
[]City Manager Approval
CMA Wording
Consider executing a proposal for appraisal services by Paul Hornsby & Company relating to waterline and temporary
construction easements to be acquired out of a tract of land near the intersection of IH -35 and Sam Bass Road.
Attorney Approval
El/Attorney
Notes/Comments
Date 8113113
O:\wdox\SCCInts\0199\1208CHISHOLM\MUNICIPAL\00280440.XLS Updated 6/3/08
PAUL HORNSBY & COMPANY
APPRAISERS AND CONSULTANTS
Paul Hornsby, MAI, SRA, CRE
David J. Englund, MAI, SRA
Eli Hanslik, MAI
Lance Lawson, MAI
Chris Homsby, MAI
Dawn Smith, MAI
Catherine A. Thomas, MAI
August 5, 2013
City of Round Rock
c/o Jason Rammell
2008 Enterprise Drive
Round Rock, TX 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 a 0.028 acre waterline easement out of the
Chisholm/Bass tract, aka the Round Rock West Shopping Center, Round Rock, Texas
Dear Mr. Rammell:
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:
A 0.028 acre waterline easement out of the
Chisholm/Bass tract, aka the Round Rock
West Shopping Center, Round Rock, Texas.
To estimate just and adequate compensation
for the easement acquisition.
Establishing a basis for acquisition of the
easement.
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
CM -13- oB -135
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:
The fee is for an appraisal of only the land
component. If improvements need to be
appraised, the fee will be increased to a
mutually acceptable amount.
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: $200/hour
Other Staff Appraisers: $150/hour
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, C
Accepted:
$-.23-13
Date
City of Round Rock, Texas
By: Steve Norwood
City Manager