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<br />~ <br />~HlLLS <br /> <br />. <br /> <br />MEMORANDUM <br /> <br />DATE: Junc 22, 2005 <br /> <br />TO: Mayor and City Council <br />Michellc Wolfc, City Administrator <br /> <br />FROM: Scott Clark, Community Dcvelopmcnt Dircctor <br /> <br />SUBJECT: TCAAP Appraisal Scrviccs <br /> <br />Pursuant to City Council dircction, staff is sceking authorization to cxpcnd up to $]5,000 for a <br />TCAAP appraisal. Thc purposc of the appraisal will bc to dctcrminc a TCAAP "raw land value" <br />that can bc uscd in our futurc negotiations with thc GSA. <br /> <br />Thc key to this appraisal, if the City is to securc a comparablc analysis with thc GSA's new <br />appraisal, will bc coming to an agrecmcnt with the GSA (a mccting has bccn arrangcd for Junc <br />30, 2005) on thc dcfinition of "highcst and bcst use." It is assumed that it will takc staff about a <br />wcck to prcparc thc appraisal specifications and to identify appraiscrs to bid. It is also assumed . <br />that to get back bids and to complctc thc appraisal will takc a minimum of sixty days from July <br />1,2005. Staffwill find out at thc Junc 301h GSA mccting thcir timetab]c. <br /> <br />An affirmativc motion will allow staffto sccurc appraisal scrviccs without furthcr action by thc <br />Council. <br /> <br />I \Earth \PlanninglMisc Filesl TCAAPIGSA \Doc l.doc <br /> <br />. <br />