File #: 24-1402    Name: Hwy 5 Appraisal Contract Sup
Type: Resolution Status: Approved
In control: City Council Regular Meeting
On agenda: 4/2/2024 Final action: 4/2/2024
Title: Consider/Discuss/Act on a Resolution Authorizing the City Manager to Execute a Supplemental Agreement with CBRE, Inc. for Appraisal Services for the SH 5 Utility Relocations Project (WA1633/WW1633)
Attachments: 1. Resolution

Title

Consider/Discuss/Act on a Resolution Authorizing the City Manager to Execute a Supplemental Agreement with CBRE, Inc. for Appraisal Services for the SH 5 Utility Relocations Project (WA1633/WW1633)

 

Summary

 

COUNCIL GOAL:                     Operational Excellence

                     (2B: Balance available resources to accommodate the growth and maintenance needs of the city)

 

MEETING DATE:                     April 2, 2024

 

DEPARTMENT:                     Development Services / Engineering

 

CONTACT:                     Gary Graham, PE, PTOE, Director of Engineering

                     Todd Wright, Real Estate Acquisitions Administrator

 

 

RECOMMENDED CITY COUNCIL ACTION:

                     Approval of Resolution.

 

ITEM SUMMARY:

                     This Resolution authorizes a supplemental agreement with CBRE, Inc. to provide additional appraisal services for the acquisitions of property interests for the SH 5 Utility Relocation Project (CIP Projects WA1633 / WW1633 - Formerly CO1633)) for an increase in the not to exceed from $248,500 to a total aggregate contract amount, inclusive of any additional supplemental agreements, not to exceed $398,500.

 

BACKGROUND INFORMATION:

                     The design contract for the SH 5 Utility Relocations Project (CO1633) was awarded at the December 3, 2019 City Council meeting.

                     The project consists of the relocation of water and sewer lines, located along State Highway 5 between Power House Street and Spur 399, in advance of the widening of the roadway by TXDOT resulting in the need to acquire Waterline, Sewer, Water and Sewer and Temporary Construction Easements on privately owned properties.

                     Kimley-Horn and Associates, Inc. is currently under contract with the City for professional consulting engineering services related to the SH 5 Utility Relocations (Power House Street to Spur 399) Project (CIP Projects WA1633 and WW1633).

                     Construction of the project is expected to begin in the Spring of 2024.

                     Construction of roadway improvements by TxDOT is expected to begin in early 2025.

 

                     Additional appraisal services will be required for the project to ensure the City is paying fair market value to property owners for the easements necessary to the project as required by state law.  There are currently sixty-five (65) appraisals identified as necessary to the project.

                     CBRE, Inc. was selected for the appraisal services based upon their experience and ability to devote the resources necessary to complete the appraisals in advance of the construction of the project. CBRE, Inc. has performed successfully in a similar capacity on numerous City projects.

 

FINANCIAL SUMMARY:

                     This Resolution authorizes a supplemental agreement with CBRE, Inc., for an increase in the not to exceed contract amount from $248,500 to a total aggregate contract amount, inclusive of any additional supplemental agreements, not to exceed $398,500.

                     Funding for this contract is included in the Capital Improvements Program (WA1633 and WW1633).

o                     Project WA1633 - $112,500

o                     Project WW1633 - $37,500

                     With approval of this item, $22,403,692.80 will remain in project WA1633, $7,919,200.95 will remain in project WW1633.

 

BOARD OR COMMISSION RECOMMENDATION:

                     N/A