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Resolution waiving the competitive bidding process for expert assistance in valuation of complex property, approving contract with Federal Appraisal, LLC up to $60,000, and approving fund transfer of up to $52,000 from Reserve for Contingencies
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WHEREAS, in 2025, the Wauwatosa Assessor’s office will be completing a city-wide revaluation which requires thoroughly reviewing all complex and unique properties;
WHEREAS, the Assessor’s office is seeking assistance from an expert for certain properties and has spoken with numerous experts but believes that Federal Appraisal, LLC, possesses the knowledge needed for this project;
NOW THEREFORE BE IT RESOLVED by the Common Council of the City of Wauwatosa that the City Assessor’s office be allowed to waive the competitive bid process and enter into a contract with Federal Appraisal, LLC in an amount not to exceed $60,000 for expert assistance in valuation of complex properties; and
BE IT FURTHER RECOLVED THAT if other funding sources described by the Finance Director do not become available, a transfer of up to $52,000 from the Reserve for Contingencies is authorized to provide funds for this contract.
By: Financial Affairs Committee
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Recommendation: Approve 6-0
The Common Council may move to convene into closed session for this item pursuant to Wis. Stat. §19.85 (1)(g) for the purpose of conferring with legal counsel for the governmental body who is rendering oral or written advice concerning strategy to be adopted by the body with respect to litigation in which it is or is likely to become involved. The Common Council may reconvene into open session to consider the balance of the agenda.