CITY OF CHARLOTTESVILLE, VIRGINIA
                 CITY COUNCIL AGENDA



 Agenda Date:       February 6, 2023

 Action Required:   Approval

 Presenter:         Samuel Sanders, Jr., Deputy City Manager

 Staff Contacts:    Samuel Sanders, Jr., Deputy City Manager
                    James Freas, Director of NDS

 Title:             Appropriating funds for appraisal services at 0 East High Street - $3,800
                    (1 of 2 readings)


Background

Discussion
The appraisal will provide an estimated market value for the parcel at 0 East High as well as
associated parcels - parcel ids 500144000, 500143100, 500143000 and 500133100. The appraisal will
include sufficient information to understand the basis for the provided value taking into account
market value for undeveloped land, the allowed uses of the property under zoning, and the costs
associated with the necessary improvements to the property in order for it to be developable. The
appraisal will be completed in 6 to 8 weeks from project initiation.

Alignment with City Council's Vision and Strategic Plan
The proposed expenditure aligns with the Council vision to be a Green City and with Goal 3 of the
Strategic Plan for a "A Beautiful and Sustainable Natural and Built Environment."

Community Engagement
None

Budgetary Impact
The appraisal will cost $3,800 drawn from previously appropriated funds in the Council's Strategic
Initiatives Fund.

Recommendation
Staff recommends approval of the expenditure.

Alternatives
If Council does not approve the use of the funds from the Council Strateg
Attachments
1.   East High Appraisal Appropriation