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Meeting Date:	04/25/2016
Professional Services Agreement-F. Leal Realtors, Inc
Submitted for:	Erika Bueno	Submitted By:	Erika Bueno
Department:	County Attorney

Subject:

Discussion and possible action to approve and execute a Professional Services Agreement by and between F. Leal Realtors, Inc., a/k/a Frank Leal Real Estate Appraisals, and Webb County, in the total sum of $9,925.00, pursuant to Request for Proposal (RFP) 2016-64, entitled “Real Estate Appraisal Services”, awarded and approved by the Commissioners Court on April 11, 2016 to appraise Three (3) unoccupied county owned buildings located at 409 San Bernardo Ave., 801 Grant St. and 805 Grant St., located in downtown Laredo, Texas, and authorizing the County Judge to execute any and all relevant documents; and any other matters incident thereto. [Requested by Leticia Gutierrez, Interim Purchasing Agent (Professional Services Account #001-0109-6022)]

Issue: A new appraisal is required to determine the current fair market property values for three (3) unoccupied buildings located in the downtown area of Laredo, Webb County, Texas before they can place them for possible sale to the public.

Solution: Approval of this professional services agreement for real estate appraisal services will provide Webb County with current and updated fair market values for these (3) properties.

Result: The current and updated fair market values for these properties as determined by the appraiser will enable the County to properly evaluate and consider any offers to purchase these properties by the public.

Background:

N/A

Previous Court Action:

Fiscal Impact

Budget Account Number:	001-0109-6022
Funding Source:	001-0109-6022
Balance:	N/A
Financial Impact:
N/A

Attachments
Real Estate Appraisal Services Agreements
Agreement with F. Leal Realtors- Executed