HomeMy Public PortalAboutAB 16-241 Valuations NorthWestMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 16-241
Meeting Date October 6, 2016
AGENDA ITEM INFORMATION
SUBJECT:
Approval Request to Accept Valuations Northwest’s Proposal For Inventory and Appraisal of the City’s Fixed Assets
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Originator
Treasurer
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
$17,190
Parks and Recreation
FUNDING SOURCE:
General Fund
Airport
Library
TIMELINE:
Spring 2017
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
Valuations Northwest is a professional appraisal company providing services to Insurance Pools, Municipalities, Counties, Parishes, School Districts, Special Districts, all types of
water treatment processing, Commercial and Industrial Enterprises, and the Medical Industry, throughout the United States. They take pride in their independent appraisal methodology,
the quality of their one-on-one service and long list of satisfied clients.
Valuations Northwest offers appraisals to fit the client's needs. They can provide services from walk-thrus for condition reports and review of current valuations, audit fixed assets
or full service appraisals with new calculations and detailed information. They also specialize in Specialty Districts to include process appraisals of Wastewater Treatment Plants.
The City’s liability insurance company, ICRMP, has contracted with Valuations Northwest to appraise their client’s buildings, which includes McCall. Staff received the attached proposal
from Valuations Northwest to do a complete appraisal and inventory of all the City’s assets. This will be very useful in assisting staff with making sure that all city assets are properly
accounted for and properly insured.
RECOMMENDED ACTION:
Approve the cost to appraise the City’s fixed assets by Valuations Northwest and authorize the Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION