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HomeMy WebLinkAbout10367RESOLUTION NO. 10367 A RESOLUTION APPROVING A PROFESSIONAL APPRAISAL SERVICES AGREEMENT BETWEEN ZALESKI AND ASSOCIATES, INC. AND THE CITY FOR THE COMPLETION OF AN APPRAISAL OF THE MINNEQUA LAKE PROPERTIES RELATED TO THE MINNEQUA LAKE PARK AND OPEN SPACE PROJECT AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME WHEREAS, the City of Pueblo entered into a grant agreement with Great Outdoors Colorado to complete a master plan for the Minnequa Lake Park and Open Space Project; and WHEREAS, the scope of work for the Minnequa Lake Master Plan includes the completion of an appraisal of the Minnequa Lake properties. BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. An Agreement dated April 11, 2005, a copy of which is attached hereto and made a part hereof, after having been approved as to form by the City Attorney, by and between Pueblo, a Municipal Corporation, and Zaleski and Associates, Inc., is hereby approved. SECTION 2. Funds for said professional services in the amount of $17,000.00 shall be paid from the Minnequa Lake, Phase 1 Project Account No. PL 0405. SECTION 3. The President of the City Council is hereby authorized to execute the said Agreement on behalf of Pueblo, a Municipal Corporation, and the City Clerk shall affix the seal of the City thereto and attest the same. INTRODUCED April 11, 2005 BY Jeff Chostner Councilperson APPROVED: PRES1DENT 9F CITY CPWCIL ATTESTED BY: CITY CLERK DATE: APRIL 11, 2005 DEPARTMENT: PLANNING AND COMMUNITY DEVELOPMENT /JIM MUNCH TITLE A RESOLUTION APPROVING A PROFESSIONAL APPRAISAL SERVICES AGREEMENT BETWEEN ZALESKI AND ASSOCIATES, INC. AND THE CITY FOR THE COMPLETION OF AN APPRAISAL OF THE MINNEQUA LAKE PROPERTIES RELATED TO THE MINNEQUA LAKE PARK AND OPEN SPACE PROJECT AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME 1 *91# Should City Council approve a Professional Appraisal Services Agreement with Zaleski and Associates, Inc., for the completion of an appraisal of the Minnequa Lake properties related to the Minnequa Lake Park and Open Space Project? RECOMMENDATION Approval of Resolution BACKGROUND As part of the completion of a master plan for the Minnequa Lake Park and Open Space Project, the City of Pueblo is planning to secure appraisal services related to the properties included within the Minnequa Lake Park and Open Space project area. The appraisal is for the land included within the Minnequa Lake project area and does not include an appraisal of the water rights required for the project. A water rights analysis and valuation is being completed separately from the land appraisal. The Community Development Department prepared a Request for Proposals (RFP) to complete the Minnequa Lake properties appraisals and distributed the RFP to five appraisers per City of Pueblo purchasing policies. The proposal received from Zaleski and Associates in the amount of $17,000.00 meets the RFP requirements and is recommended for approval by City Council. The appraisal will be completed over a 60 -day period and will comply with the requirements of Great Outdoors Colorado and federal land acquisition requirements in the event the value of the property is used to match federal funding that might be secured in the future. FINANCIAL IMPACT The funds to pay for the appraisal services will be paid from the Minnequa Lake, Phase 1 Project, PL0405. Handbook 1378 Appendix 20 AGREEMENT FOR APPRAISAL SERVICES (ACQUISITION) THIS AGREEMENT entered into this 11 t h day of Ap r 11 $9: 2 0 0 5 , by and between of the City of Pueblo . State of Colorado hereinafter referred to as the "Agency," and Zaleski and Associates , Inc hereinafter referred to as the "Appraiser." WITNESSETH THAT: WHEREAS, the Agency proposes to acquire certain real property and desires that the Appraiser furnish the Agency certain services with respect to such property, including an appraisal of each parcel of the property, and the Appraiser represents that he or she is fully qualified to perform such services and will furnish such services personally, and WHEREAS the services to be provided under this Agreement are necessary to achieve the purposes of acquisition and the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, as amended (URA). NOW, THEREFORE, the Agency and the Appraiser, for the consideration and under the conditions hereinafter set forth, do agree as follows: ARTICLE 1. Property To Be Annraised A description of the real property to be appraised, including an identification of any interests in the real property to be specifically excluded from appraisal, are set forth in the attached Exhibit A A separate appraisal is to be furnished for each "parcel." (The term "parcel" means any tract or contiguous tracts of land in the same ownership, whether any such tract consists of one or more platted lots or a fractional part of a lot. An easement or other separately held interest in two or more parcels shall be considered to be a separate parcel for appraisal purposes and an exception to the title to the parcels so encumbered. An easement in a parcel that is appurtenant to another parcel to be acquired by the Agency shall be considered to be part of such other parcel and an exception to the title of the parcel encumbered.) Each parcel shall be considered to include all right, title, and interest of the owner in or to any adjacent or abutting streets, alleys, or other public rights of way. ARTICLE 2. Purpose and Basis of Valuations (a) Purpose and Significance of Appraisals The appraisals to be furnished under this agreement are required by the Agency for its guidance in making fair and impartial determinations of fair market value and th just compensation to be offered to each property owner. The Appraiser shall be guided by those objectives when estimating values. Appraisal reports will be reviewed carefully by the Agency. Accordingly, the text of each appraisal report must cover all matters germane to the required valuation findings and must provide a full explanation of the Appraiser's reasoning and his analyses of the evidences of value, so that a reviewer will be able to follow the Appraiser's analyses and understand how he reached his valuation conclusions. (b) Appraisal Standards The appraisals under this agreement shall be based on nationally recognized appraisal standards and techniques to the extent that such principles are consistent with the concepts of value and the rules on the admissibility of evidence of value under the eminent domain law of the State. Factors relating to race, color, religion, sex or national origin, or to racial, religious or ethnic identification of neighborhoods are not relevant to the estimation of value and shall not be considered in connection with appraisals of residential real property. App. 20 -1 9/90