To:
From:
Re:
E. Motion:
Discussion:
City of Nashua, Public Works Division
Board of Public Works Meeting Date: October 27, 2016
Stephen Dookran, P.E., City Engineer
Engineering Department
Broad Street Parkway
Property Appraisal
To approve a contract with Fremeau Appraisal, Inc. in the amount of $14,500 for the
appraisal of six Broad St Parkway parcels or portions of parcels declared as surplus.
Funding will be through Department 160 Admin/Engineering; Fund: Bond; Activity:
Broad Street Parkway.
The City acquired property in advance of construction of the Broad Street Parkway
project. Some property or portions thereof are not needed for the alignment as
constructed and have been declared surplus.
The City solicited proposals from qualified appraisers to perform appraisals of the
following six (6) Broad St Parkway parcels determined to be surplus.
44 Broad Street, Assessor’s Map 71, Lot 2
73-75 Broad Street, Assessor’s Map 133, Lot 33
11 Baldwin Street, Assessor’s Map 62, Lot 233
52 Baldwin Street, Assessor’s Map 62, Lot 228
54 Baldwin Street, Assessor’s Map 62, Lot 229
9 Hillcrest Avenue, Assessor’s Map 62, Lot 182
Fremeau Appraisal, of Manchester, NH was the only proposal received, at a value of
$14,500. It is recommended that Fremeau Appraisal, Inc. be awarded this contract based
on a reasonable proposal and successful completion of past assignments, including an
appraisal for Storehouse No 2 which stood up toa BTLA challenge.
