SUBJECT: Ordinance approving the appointment of qualified appraisers for the sale and lease of real property interest of City of Houston assets by Houston Public Works and General Services Departments.
RECOMMENDATION: It is recommended that City Council approve the listing and appoint appraisers for the sale and lease of real property interest of City of Houston assets by Houston Public Works and General Services Departments.
SPECIFIC EXPLANATION: Article VI, Section 2-241 of the City Code of Ordinances calls to the directors of Houston Public Works and General Services Department to jointly recommend a list of qualified appraisers for a period of not less than one year nor more than three years for council designation by ordinance. Houston Public Works has evaluated the performance of existing appraisers on the list as well as reviewed a sample work product of prospective new appraisers to be added to the list for consideration. City Council members have been engaged to solicit names of appraisers for consideration and evaluated creating the final list of agreed upon qualified appraisers for approval. The Directors may remove appraisers with repeated performance violations including refusal of engagements, untimely delivery of appraisals, inadequate documentation, inadequately supported market values, and similar performance issues from the list of qualified appraisers for not less than one year nor more than three years.
Appraisers shall be engaged as needed from the list of appointed appraisers pursuant to subsection (c) or subsection (d) of City Code of Ordinance, Article V, Section 2-241 on a rotating basis, engaging the next appraiser(s) on the list who has appropriate (i) appraisal qualifications for the type of real estate or interest therein being sold or leased (such as residential, commercial, or industrial) and of the size and complexity of the appraisal, and/or (ii) appraisal experience in the locality of the subject real estate.
Therefore, it is recommended that Council approve the submitted list of qualified appraisers for the designated term limit.
FISCAL NOTE: No significant Fiscal Operating impact is anticipated as a result of this project.
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Randall V. Macchi, JD
Director, Houston Public Works
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C.J. Messiah, Jr.
Director, General Services Department