Broken Arrow City Council
Meeting of: 2-5-2019
Title:
title
Approval of and authorization to execute Amendment No.1 to Professional Services Contract with Valbridge Property Advisors / Walton Property Services, LLC for Professional real estate appraisals and related support services (Contract No. APPR 19-01)
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Background:
On September 26, 2018, professional services contract APPR 19-01 with Valbridge Property Advisors / Walton Property Services, LLC was approved by the Assistant City Manager in an amount not to exceed $14,500 for professional real estate appraisals and related support services. Funds from the original contract are near depletion and an amendment is needed. The amendment allows Valbridge to assist the City in determining the market value of property to aide in the decision making process relating to property acquisition. This support allows the City to purchase parcels needed on various engineering projects as needed. Attached is Amendment No. 1 for $25,500 which further extends that support.
Cost: $25,500
Funding Source: Engineering Operational Budget and Individual Project Accounts
Requested By: Alex Mills, Director of Engineering and Construction
Approved By: Michael L. Spurgeon, City Manager
Attachments: Professional Consultant Agreement Amendment No. 1.
Recommendation:
recommend
Approve and authorize execution of Amendment No. 1 to the Professional Services Contract with Valbridge Property Advisors / Walton Property Services, LLC.
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