CC MEETING: August 18, 2015
DATE: August 5, 2015
TO: Leonard Martin, City Manager
FROM: Cesar J. Molina, Jr., P.E., Director of Engineering
Title
Consider Authorizing The City Manager To Approve A Professional Services Contract With Paramount Valuation Services, Inc., Integra Realty Resources, Inc., And Steven J. Kunkel & Associates, Inc. For Appraisal Services In An Amount Not To Exceed $120,000.00.
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BACKGROUND:
For many years the Engineering Department has been involved in the acquisition and sale of real estate for right-of-way and other capital improvement projects. In some cases, appraisal services are required to determine fair market value necessary to acquire the property through the use of eminent domain. Appraisals are also required when buying or selling real estate involving bond funds. These contracts are typically less than $10,000, but when there are multiple projects being performed the costs can add up. Furthermore, other city departments use these services for the acquisition of real property.
Similar to the geotechnical/material testing contract, staff uses a streamlined work order process to minimize paperwork, reduce consultant costs and reduce the Council agenda workload associated with these small contracts.
A formal selection for appraisal service contracts was conducted. Six firms submitted statements of qualifications. After evaluation by staff, three firms were selected as the most qualified firms: Paramount Valuation Services Inc., Integra Realty Resources Inc. Fort Worth, and Steven J. Kunkel & Associates Inc. This selection is effective through March 2017.
FINANCIAL IMPLICATIONS:
Services will be provided as a work order on a project-by-project basis. Funding for these services will come from the respective capital project budgets or the TOD account, as appropriate.
Staff is proposing to contract these professional services for a total not to exceed amount of $120,000 for the duration of the c...
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