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HomeMy WebLinkAbout1975-03-04; City Council; 3240-2; Proposed Fire Station No. 3 Chestnut Heightsr T H, E C r T Y O F C A R L S B A D, C A L I F O R N I A j t c Agenda Bill No. 3240 Supplement No. 2 Dater mar ____ 4 , Referred To: i Subject: Submitted By: PROPOSED FIRE STATION NO. 3 i APPRAISAL OF LOTS 24 THROUGH 29 William C. Baldwin CHESTNUT HEIGHTS Assistant City Mgr. Statement of the Matter City Council requested that proposals for an appraisal be obtained on Lots 24 through 29 inclusive, Chestnut Heights. We have received two proposals from M.A.T. appraisers. The fee in both cases is $1500.00 and delivery time is the same, 30 days from date of contract. The property is located at the southwest corner of Chestnut and El Camino Real. Exhibit 1. Proposal from Gerald S. Kibbey, M.A.T., and Associates t 2. Proposal from Emmett J. McKanna, Jr., M.A.Z. i 3 Staff Recommendations to the City Manager Staff has had previous experience with Mr. Gerald Kibbey and recommends he be assigned to do the appraisal. He has had a great deal of experience in North San Diego County and we feel. this would be an asset to the City. I AB No. 7 Date: March 4, 1975 City Manager`s Recommendation Concur � m Council'Action 3-4-75 The proposal of Gerald Kibbey was accepted in the amount of $1500.00, and an additional amount not to exceed $500.00 was authorized in order that a separate'appraisal could be made of each lot. -2- W 0 d GERALD S. KIBBEY, M.A.I., And Associates REAL ESTATE APPRAISERS 2911 CADIZ STREET SAN DIEGO. CALIFORNIA 92110 TELEPHONE (714) 224.2781 February 11, 1975 City of Carlsbad 1200 Elm Street Carlsbad, California Attention: William Baldwin Dear Mr. Baldwin: Pursuant to our conversation of February 10, 1975, I submit a proposal for an appraisal of Lots 24-29 inclusive, of Chestnut Heights. 1. Report to be short -form with basic conclusions; supporting data to be retained in my files for your inspection if desired. 2. Report will be for negotiation purposes only; should court testimony be needed at a later time, I reserve the right to update the report to meet standards of condemnation action. The fee for updating to be by mutual consent of the City of Carlsbad and myself. 3. Should there be a reed for engineer<,ng analysis, at the approval of the Cl,.y of Carlsbad, I would ask for work by a private engineer or by the engineering staff of the City of Carlsbad, at no cost to myself. GSK:bjs .Fee: $1,500.00 Time of Delivery: 30 days frim contract Very truly yours, , ereel Gerald S. Kibbey, M.A.I,1 k■ EMME" J. McKANNA, JR. VALTOIt 716 RANK OR AMERICA RUILDINO, 625 &ROADWAY SAN DIEGO, CALIFORNIA 92101 MWANt AWRICAN IWTITYTR MAL UTAM ARMURs February 6, 1975 TWHONEi 213.74121 Mr, William C. Baldwin , FEB 1976 Assistant City Manager City of Carlsbad CRY OF 1200 Ein-Avenue Carlsbad, California 92008 •,h Re: Southwest Corner Intersection of Chestnut and Camino Real Carlsbad, California Dear Mr, Baldwin: I would be prepared to deliver to you, in quadruplicate, a negotiating type appraisal within 30 to 45 days after receiving your written authorization to proceed. The appraisal I have in mind woula contain market data sheets showing comparable sales, would contain a sales map and would have a very short analysis and correlation of the sales to subject property but would fall Far short of the in-depth study and verification of sales that is customary for a narrative type report to support a condemnation action. It is quite possible that the rules under which I operate as an MAI will still require that I make a more elaborate appraisal than you actually need, however, be that as it may, I will try to keep the report to a minimum and will avoid such expensive items as aerial photographs, etc, and the report should serve your purpose for negotiating. My fee is $1,500.00 payable upon delivery of the report. I would very much appreciate your early advise inasmuch as I must make plans in advance and would want to start a sales search at an early date. I wish to thank you and the City of Carlsbad for considering me for this interesting assignment, ncereL , mmet , EJM/bao