To: Board of Supervisors
From: Assessor
Agenda Section: Consent
SUBJECT:
title
Agreement with Harold W. Bertholf, Inc. for Petroleum Property Appraisal Services
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve Agreement with Harold W. Bertholf, Inc. for Petroleum Property Appraisal Services for 2022, 2023, and 2024; and
2. Authorize the Chair of the Board to execute the Agreement on behalf of the County.
Body
SOURCE OF FUNDING:
General Fund (1100)
DISCUSSION:
Humboldt County currently has 58 gas wells that require valuation each year. The appraisal of these specialty properties requires a great deal of training and expertise. Humboldt County has been contracting with the Bertholf firm since 1977 for petroleum property appraisal. We are one of seven California counties currently using their services of professional petroleum engineers/geologists to appraise
the gas wells. There are no other contractors that provide geothermal valuation for California counties for assessment purposes. The current agreement will expire Dec. 31, 2021. In order to continue the appraisal of these properties for the yearly assessment rolls, we need to enter into a new agreement for future services.
FINANCIAL IMPACT:
The fiscal year (FY) 2021-22 costs for annual roll services will be $19,500 and have been included in the Assessor's current year budget (1100113). There are possible additional costs for supplemental work not to exceed $5,000. In specific situations and with prior approval, auxiliary work is not to exceed $15,000.
For the three years of the Agreement total annual roll work costs will be $60,000, with total supplemental costs not to exceed $15,300 and total auxiliary costs not to exceed $45,900.
STRATEGIC FRAMEWORK:
This action supports your Board's Strategic Framework by facilitating public/private partnerships to solve problems .
OTHER AGENCY INVOLVEMENT:
None.
ALTERNATIVES TO STAFF RECOMMENDATIONS:
Not...
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