DATE: February 22, 2018
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Paul Holzen, City Engineer/Director of Engineering
Jonathan Marston, Assistant Director of Engineering
SUBJECT:
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Consideration of a Professional Services Agreement (COF Contract No. 2018-0020) with R. Rhett Turner, MAI, SR/WA for Real Estate Appraisal Review Services for the SR-96 West Multi-Use Trail - Phases 1 & 2 in the Amount Not-to-Exceed $61,600.00
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Purpose
The purpose of this memo is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning a Professional Services Agreement (PSA) with R. Rhett Turner, MAI, SR/WA for real estate appraisal reviews for the SR-96 West Multi-Use Trail - Phases 1 & 2 (TDOT PIN 123098.00).
Background
The City has been awarded $1,800,000 in federal Transportation Alternative Program (TAP) funds to help fund the construction of a multi-use trail along SR-96 West between Vera Valley Drive and 5TH Avenue North. As with any project that involves state or federal funds, any right-of-way or easement acquisitions must comply with the Tennessee Department of Transportation (TDOT) Guidelines for Appraisers, the Uniform Relocation Assistance and Real Properties Acquisition Policies Act (Uniform Act), and the Uniform Standards of Professional Appraisal Practice (USPAP).
This project will require right-of-way and/or easements from 22 properties, including 1 property owned by the City. The consultant has proposed to complete each appraisal review within 15 days of receiving the final and complete appraisal.
Financial Impact
All design and right-of-way costs associated with this project are the sole responsibility of the City. Engineering will work with Administration and Finance to determine the most appropriate source of funding.
Recommendation
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Staff recommends approval of the PSA (COF Contract No. 2018-0020) with R. Rhett Turner, MAI, SR/WA in an amount not-to-exceed $61,600.00.
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