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HomeMy WebLinkAboutItem 9.2 Land Appraiser Services (2) CITY OF DUBLIN AGENDA STATEMENT CITY COUNCIL MEETING DATE: Apri% 22, 1985 SUBJECT : Retention of Appraisal Services EXHIBITS ATTACHED : None RECOMMENDATION~~Authorize City Manager to secure the services of a qualified land appraiser whose services are not to exceed $15,000 FINANCIAL STATEMENT: 84-1 A portion of these costs would be paid for subsequent to the formation of the San Ramon Road Specific Plan Area Assessment District. The remaining services would have to be funded by an additional appropriation from the City's reserves. DESCRIPTION : As part of the develoment requirement for Morrison Homes and the Town & Country Shopping Center, the extension of Amador Valley Boulevard to the west is to be accomplished. These property owners have expressed an interest in the formation of an assessment district in order to finance those improvements. Prior to the formation of an assessment district, iv is necessary for the City to obtain the services of a qualified real estate appraiser to provide the City with an appraisal report for securing the land necessary for road right-of-way. The costs associated with this appraisal would be reimbursed to the City by the assessment district subsequent to its formation. In addition to the appraisal services for this project, additional appraisal services may be required during the year for various projects which the City may wish to undertake. It is recommended that the City Council authorize the City Manager to secure the services of an appraiser whose fees shall not exceed $15,O00 for those services described above. It is further recommended that the City Council authorize an additional appropriation from the City's reserves in the amount of $15,000. COPIES TO'