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<br />e <br /> <br />. <br /> <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />AGENDA DATE October 23.1995 <br /> <br />REQUESTED BY Jeff Litchfield. Finance <br /> <br />_ REPORT; _ RESOLUTION; .x.. ORDINANCE; EXHIBITS: <br /> <br />SUMMARY AND RECOMMENDATION <br /> <br />The Harris County Appraisal District has the responsibility of appraising all taxable property within <br />the City of La Porte and provides the values for the annexed and taxable portion of each industry. <br />The unannexed portion of these industries are subject to win-lieu of Taxesw payments. The firm of <br />Hugh L. Landrum & Associates, Inc. has appraised the Industrial District properties for the City of <br />La Porte since 1968 and has provided these and other professional services in a completely <br />satisfactory manner. <br /> <br />The City entered into contract with Hugh Landrum & Associates in 1992 for a three year term in <br />the amount of $35,000 annually. The proposed contract covers a three year period at $36,750 <br />per year; which represents a five percent (5%) increase over the 1992 contract. <br /> <br />Because Hugh L. Landrum & Associates, Inc. are skilled in such matters and have the scientific and <br />technical knowledge in respect to appraisals and valuations of industrial properties we would like to <br />continue our relationship with them. <br /> <br />ACTION REQUIRED BY COUNCIL: <br /> <br />Approve ordinance authorizing the City to enter into contract with Hugh L. Landrum & Associates, <br />Inc. for the appraisal and other services for properties located in the City's Industrial District. <br /> <br />FUND <br /> <br />001 <br /> <br />ACCT NUM: 601-615-507 FUNDS AVAILABLE: ~ <br /> <br />APPROVED FOR CITY COUNCIL AGENDA <br /> <br />G<~ \. ~ <br />ROBERT T HERRERA <br />CITY MANAGER <br /> <br />\ o. n...-'\S <br />DATE <br />