HomeMy WebLinkAboutResolution 2001-020
RESOLUTION NO. 2001-020
BE IT RESOLVED by the City Council of the City of North Richland Hills, Texas,
that:
1.
The City Manager be, and is hereby authorized to execute the attached
Agreement for Right-of-Way Acquisition with Pinnacle Consulting Management Group,
Inc. for Rumfield Road, Phase III (Davis Boulevard to Eden Road), as an act and deed
of the City.
PASSED AND APPROVED this the 26th day of February, 2001.
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Patricia Hutson, City Secretary
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Chàrles Scoma, r\!ayor
APPROVED AS TO CONTENT:
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AGREEMENT TO PROVIDE PROFESSIONAL SERVIC
FEB 2 1 ?On1
NRH Public Works
This Agreement entered into this ~ Y day of February, 2001, by an between the
City of North Richland Hills, Texas (hereinafter referred to as the "City") and Pinnacle
Consulting Management Group, Inc" (hereinafter referred to as "Pinnacle"), an
Oklahoma Corporation authorized to do business in the State of Texas, for the purpose of
providing the City with land acquisition services associated with the Rumfield Road,
Phase III project.
WHEREAS, the City has solicited proposals from qualified finns and based on
the proposals received, has selected Pinnacle to provide the services set forth below in
Paragraph B. and
WHEREAS, Pinnacle desires to contract with the City to provide the services set
forth below in Paragraph B, the parties agree to the following:
A. The City agrees to the following:
1. Provide legal descriptions for the property interest to be acquired,
2. Provide acceptable appraisal reports setting forth the value of the
property interest to be acquired,
3. Provide funding for the purchase of the real property interest
acquired through negotiations.
4. Provide condemnation of any real property interest deemed
necessary by the City.
5, Compensate Pinnacle based on the following fee schedule:
a. Total acquisition fee shall be $1,000 per parcel. Based on an
anticipated maximum of twenty (20) parcels, the total fee shall
not exceed $20,000.00.
b. The $1,000 fee per parcel shall be due Pinnacle upon receipt of
an invoice evidencing the following milestone completions:
1. Delivery of written offer to the property owner equals 50%
of the per parcel fee.
11. Submittal of the parcel to the City as acquired or for
condemnation equals 40% of the per parcel fee.
Ill. Submittal to the City the final file containing all
documentation regarding the purchase of the property
through negotiations or the submittal of the parcel for
condemnation equals 10% of the per parcel fee.
B. Pinnacle agrees to the following:
1. Prepare legal conveyance documents based on the legal
descriptions provided by the City.
2. Verify ownership of each parcel to the last deed of record.
3. Prepare offer letters for the purchase of the property rights
to be acquired on each parcel.
a. Negotiate with each property owner based on
the approved appraised fair market value,
Pinnacle will not be authorized to increase the
amount of the approved offer without prior
written approval of the City.
b. Solicit lien releases when required.
c. Submit parcels secured to the City for
processing of funds set forth as the agreed
purchase price.
d. Submit parcels requiring condemnation to the
City.
e. Maintain a file with the following
documentation at a minimum:
1. Copy of the appraisal report.
11. Copy of the legal description.
lll. An agents report providing a narrative
summary of the negotiations with each
property owner.
IV. Copies of all correspondence to and
from the property owner and/or the
property owners representative.
v. All other relevant infonnation regarding
the offer to purchase the property,
RESOLUTION NO. 2001-020
BE IT RESOLVED by the City Council of the City of North Richland Hills, Texas,
that:
1,
The City Manager be, and is hereby authorized to execute the attached
Agreement for Right-of-Way Acquisition with Pinnacle Consulting Management Group,
Inc. for Rumfield Road, Phase III (Davis Boulevard to Eden Road), as an act and deed
of the City.
PASSED AND APPROVED this the 26th day of February, 2001.
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Patricia Hutson, City Secretary
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Charles Scoma, ~ayor
APPROVED AS TO CONTENT:
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AGREEMENT TO PROVIDE PROFESSIONAL SERVIC
~q
FEB 2 1 ?Onl
NRH Public Works
This Agreement entered into this d l.p day of February, 2001, by an between the
City of North Richland Hills, Texas (hereinafter referred to as the "City") and Pinnacle
Consulting Management Group, Inc., (hereinafter referred to as "Pinnacle"), an
Oklahoma Corporation authorized to do business in the State of Texas, for the purpose of
providing the City with land acquisition services associated with the Rumfield Road,
Phase III project.
WHEREAS, the City has solicited proposals from qualified finns and based on
the proposals received, has selected Pinnacle to provide the services set forth below in
Paragraph B. and
WHEREAS, Pinnacle desires to contract with the City to provide the services set
forth below in Paragraph B, the parties agree to the following:
A. The City agrees to the following:
1, Provide legal descriptions for the property interest to be acquired,
2. Provide acceptable appraisal reports setting forth the value of the
property interest to be acquired.
3, Provide funding for the purchase of the real property interest
acquired through negotiations.
4, Provide condemnation of any real property interest deemed
necessary by the City.
5. Compensate Pinnacle based on the following fee schedule:
a. Total acquisition fee shall be $1,000 per parcel. Based on an
anticipated maximum of twenty (20) parcels, the total fee shall
not exceed $20,000.00.
b. The $1,000 fee per parcel shall be due Pinnacle upon receipt of
an invoice evidencing the following milestone completions:
1. Delivery of written offer to the property owner equals 50%
of the per parcel fee.
11. Submittal of the parcel to the City as acquired or for
condemnation equals 40% of the per parcel fee.
iii. Submittal to the City the final file containing all
documentation regarding the purchase of the property
through negotiations or the submittal of the parcel for
condemnation equals 10% of the per parcel fee,
B. Pinnacle agrees to the following:
1. Prepare legal conveyance documents based on the legal
descriptions provided by the City.
2. Verify ownership of each parcel to the last deed of record,
3. Prepare offer letters for the purchase of the property rights
to be acquired on each parcel.
a. Negotiate with each property owner based on
the approved appraised fair market value.
Pinnacle will not be authorized to increase the
amount of the approved offer without prior
written approval of the City.
b. Solicit lien releases when required.
c. Submit parcels secured to the City for
processing of funds set forth as the agreed
purchase price.
d. Submit parcels requiring condemnation to the
City.
e. Maintain a file with the following
documentation at a minimum:
1. Copy of the appraisal report.
11. Copy of the legal description.
111. An agents report providing a narrative
summary of the negotiations with each
property owner.
IV. Copies of all correspondence to and
from the property owner and/or the
property owners representative,
v. All other relevant infonnation regarding
the offer to purchase the property.
8. To submit an invoice to the City on a monthly basis for
compensation for services rendered as set forth in Paragraph
A.5,a.2.
9. To complete all acquisition activities within 65 working days of
the notice to proceed.
This Agreement constitutes the full understanding by and between the parties and may
only be amended in writing to the satisfaction of both parties.
Notice required for delivery to fulfill any tenns or conditions of this agreement shall be
sent to the parties at the following addresses:
CITY:
7301 N. E. Loop 820
City of North Richland Hills, Texas 76810
PINNACLE:
5534 N. Western
Oklahoma City, Oklahoma 73118
IN WITNESS WHEREOF, the parties execute this Agreement on the date set
forth by the signature of each party.
PINNACLE CONSULTING
MANAGEMENT GROUP, INC.
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By: ;;7
. w. oward~strong
President
Date: ~~~/
CITY OF NORTH RICHLAND
HILLS, TEXAS
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