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City hires appraisers for easements tied to Houston Point hotel project (about $4,500)
Summary
The council authorized appraisal services to acquire easements for an ongoing Houston Point hotel project; staff requested roughly $4,500 to appraise four properties, and discussed a second appraisal package of about $4,200 for a separate project.
Don Taylor (S6) said the city needs appraisal services to obtain easements for an ongoing project at Houston Point. He asked the council to authorize appraisals for four properties that will allow the city to obtain needed easements; the total estimate for this appraisal package was about $4,500.
Don Taylor also presented a second, similar appraisal request totaling about $4,200 for another parcel set. Councilors asked procedural questions about how appraisers are selected; Don Taylor said staff typically uses appraisers familiar with the local comps and sometimes reuses firms that have performed well on recent projects. The council recorded motions, seconds and approved the items during the meeting.
