ST9902-CS100505(8/24/2011) Keith Marvin - RE: Parcel 3 - 250 W. Sandy Lake Page 1
From: "Bill Mills" <Bill.Mills @verizon.net>
To: "'Keith Marvin "' <kmarvin @coppelltx.gov>
Date: 5/5/2010 4:31 PM
Subject: RE: Parcel 3 - 250 W. Sandy Lake
Mr. Marvin,
We look forward to it
Bill Mills
Forensic Death Investigator
Denton County Medical Examiner's Office
Office: 940 - 349 -2870 Cell: 214 - 202 -2202
Fax : 940 - 349 -2871
"If there must be trouble, let it be in my day, that my child may have
peace"
- Thomas Paine
- - - -- Original Message---- -
From: Keith Marvin [mailto:kmarvin @coppelltx.gov]
Sent: Wednesday, May 05, 2010 1:48 PM
To: bill.mills @verizon.net
Subject: Parcel 3 - 250 W. Sandy Lake
Mr. Mills,
We are in receipt of your counter offer for the acquisition of Permanent
Right of Way for the West Sandy Lake Road reconstruction. Thank you for
your prompt reply.
We will be discussing the contents of the "Replacement Cost Report" with our
city arborist. We may also seek an additional appraisal based on current
value rather than replacement cost.
Ken or I will be in touch with you to discuss this when we have a little
more information.
Thanks.
Keith
Keith Marvin, P.E.
Project Engineer
(972) 304 -3681
(8/24/2011) Keith Marvin -Tree valuation Page 1
From:
Keith Marvin
To:
Elias, John
Date:
5/5/2010 9:25 AM
Subject:
Tree valuation
Attachments:
Counter & Tree info.pdf
John,
Attached is a counter offer we received from the owner of 250 W. Sandy Lake Road. This offer includes a "replacement
cost report" from HMI. Can you review this report and look at the trees in question, then let me know what you think? I
would be happy to meet you out there to look at them together if you want.
Thanks,
Keith
treeFacts
REPLACEMENT COST REPORT
Prepared for
250 W. Sandy Lake Road
Coppell, TX 75019
Inspected by
Glenn Jennings - Certified Arborist
1148 Whistle Stop Drive
Saginaw, TX 76131
Reference 2020
HMI Protecting green assets
is the root of our business-
0
HM[
Protecting green assets
is the root of our business-
09/02/2009
Bill Mills
250 W. Sandy Lake Road
Coppell, TX 75019
Dear Bill:
Horticultural Asset Management, Inc. (HMI), the nation's leading provider of standardized
replacement costs of trees and shrubs, is pleased to provide you with the enclosed treeFacts®
Report. Specific details on the method HMI used to calculate the replacement costs of the trees
and shrubs on the property are described in the Report.
We hope that you find the Report to be an important documentation of these valuable assets.
If you have any questions about the information in the Report, please contact HMI's customer
service department at (866) 937 -6468 or send an email to info @hmiadvantage.com.
By accepting the Report you agree and accept all of the terms and conditions set forth therein.
/ Sincerely,
�
Horticultural Asset Management, Inc.
President, CEO
Enclosure
107 Edinburgh South Drive, Suite 205 1 Cary, NC 27511 919.460.5445 HMiadvantage.com
treeFacts @
This treeFacts Replacement Cost Report, provided by Horticultural Asset Management, Inc.
(HMI), includes an inventory and the replacement costs of the trees and shrubs (trees) on your
property. That information, along with the specific type, size and location of the trees on your
property, provides you with important documentation and will greatly assist you in managing
these valuable assets.
We hope you will take a moment to read the Standardized Replacement Cost Calculation page
of your Report. It provides you with specific details on the method employed by HMI to ensure
your information is accurate and in keeping with established industry standards.
You will use this Report to help establish the replacement costs of these important assets
for insurance, legal or other purposes and we hope you find it informative and helpful. If you
have any questions or if you would like to speak with your HMI assessor regarding a follow -up
evaluation, please contact HMI's customer service department at (866) 937 -6468 or send an
email to info @hmiadvantage.com.
HMI
REPORT DEFINITIONS
Asset ID #: Unique number assigned to each tree or group of trees.
Scientific / Indicates the scientific and common name of the actual tree inspected. When "Reflects replacement cost for
Common Name: [Scientific Name of Tree]" appears in this column, HMI has used the replacement cost for a tree that is functionally
similar to the one currently in your landscape because adequate wholesale pricing data is not currently available
for your actual tree. (See the Standardized Replacement Cost Calculation page of this report for a more detailed
explanation.)
Location: Code that indicates each tree's location on your property. Refer to map below. In some instances, your assessor
may use a non - standard location code. Please contact your assessor if you need his/her code descriptions.
Measured By: The American Standard for Nursery Stock dictates how a particular tree is to be measured. H/S is Height/Spread
(in feet). DBH is trunk Diameter at Breast Height (in inches).
Size: Actual size at inspection date. When a t appears, the tree is a multi- stemmed form of a typically single- stemmed
tree. The diameter reported represents the single stem equivalent.
Qty: Number of trees associated with each Asset ID number.
CRC: Current Replacement Cost (CRC) provides the average cost to acquire and professionally install a tree of the
same or functionally similar type and size as the tree inspected. The CRC reported is the value of a single tree
multiplied by the quantity.
FC.
FRONT CENTER
FL
FRONT LEFT
FR
FRONT RIGHT
FCF
FRONT CENTER FOUNDATION
FLF
FRONT LEFT FOUNDATION
FRF
FRONT RIGHT FOUNDATION
BC
BACK CENTER
BL
BACK LEFT
BR
BACK RIGHT
BCF
BACK CENTER FOUNDATION
BLF
BACK LEFT FOUNDATION
BRF
BACK RIGHT FOUNDATION
LS
LEFT SIDE
RS
RIGHT SIDE
LSF
LEFT SIDE FOUNDATION
RSF
RIGHT SIDE FOUNDATION
Yard and Other Assessed Areas (Areas reflect all plants within 15 feet of the primary structure.)
HMI
1
Quercus stellata
Post Oak
FL
DBH: 21"
1
$16601
2
Quercus stellata
Post Oak
FL
DBH: 17"
1
$13672
3
Quercus stellata
Post Oak
FL
DBH: 13"
1
$10539
4
Quercus stellata
Post Oak
FL
DBH: 13.5"
1
$11072
5
Quercus stellata
Post Oak
FC
DBH: 11"
1
$7342
6
Quercus stellata
Post Oak
FC
DBH: 15.5"
1
$12733
7
Quercus stellata
Post Oak
FC
DBH: 11"
1
$7342
8
Quercus stellata
Post Oak
FC
DBH: 17"
1
$13672
Celtis laevigata
9
Sugar Hackberry
FR
DBH: 13"
1
$6235
(Reflects replacement cost for Celtis occidentalis)
10
Quercus stellata
Post Oak
FR
DBH: 14"
1
$11618
Total Current Replacement Cost:
$110,826
HMI
Standardized Replacement Cost Calculation
HMI is the only standardized resource for replacement costs of trees and shrubs (trees). Underlying our ability to provide this information
is HMI's extensive database of wholesale tree prices and a patent - pending system, the Horticultural Scientific Standard (HS 2 TM). Specific
details on the method employed by HMI to ensure your information is accurate and in keeping with established industry standards are
provided below.
HMI's Horticultural Scientific Standard (HS ZTM )
HS consists of the data, formulae and processes for constructing average replacement costs for each tree based on actual wholesale
costs. HMI currently has hundreds of thousands of wholesale -based prices in its database compiled from hundreds of nurseries located
across the country. To select the appropriate prices from this extensive database, HMI developed unique business rules and automated
quality control formulae that approve, aggregate and accurately incorporate each price into the resulting values for each type and size of
tree in our system.
HMI's replacement costs are calculated by using market -based averages for smaller sized trees (those commonly sold in a nursery). For
sizes larger than those commonly sold in a nursery, replacement costs are determined and extrapolated based on the Council of Tree
and Landscape Appraisers' (CTLA's) Trunk Formula Method. Depending on the type of tree, the size is determined by either its height/
spread or diameter at breast height (DBH). For trees which have a DBH of greater than 30 inches, HMI's system employs the Adjusted
Trunk Area Formula method as dictated by the CTLA. HMI also adheres to the American Standard for Nursery Stock ANSI Z60.1 -2004
to determine whether to use height/spread or diameter and at what size. Consequently, you may notice that some of your trees are
measured by height or spread while others are measured by diameter. These are established industry standards and formulae. HMI's
replacement costs represent the average cost to have a single tree professionally replaced under typical transportation and installation
conditions.
As extensive as HMI's pricing database is, there are times when we come across a tree for which adequate wholesale pricing data is not
currently available. The tree may not be commonly sold, not sold at a sufficient size or not sold at all in a nursery environment. This is
particularly true for mature trees that may no longer be commercially available for sale. When this occurs, HMI uses the replacement
costs for a tree that is functionally similar to the one currently in your landscape. HMI notifies you with the following language: "Reflects
replacement costs of (Scientific Name of Tree]." This practice is consistent with industry standards and representative of the average cost
you would need to incur to functionally replace the inspected tree.
If you have any questions about HMI's services, please contact us at (866) 937 -6468 or send an email to info @hmiadvantage.com
Terms and Conditions (these "T &C's ") between Horticultural Asset Management, Inc. ( "HMI ") and the Orderer of this Report ( "Customer")
1. Fees, Expenses, Taxes. Customer agrees to pay HMI a fee for the Service(s) and Report(s) (as each term is defined below) to be provided pursuant
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0 2003 -2009 Horticultural Asset Management, Inc.
Property Inspected by:
Arbor Masters Tree Service
1148 Whistle Stop Drive
Saginaw, TX 76131
Phone: 817 -204 -3023
Fax : 817 - 232 -5027
Disclaimer
This treeFacts® Report (Report) is provided for informational purposes only. Replacement costs and other
dollar amounts listed herein, including, without limitation, with regard to the cost of replacing trees and shrubs,
are estimates only and are not guarantees of the actual cost of any property nor do they constitute an appraisal
of any property; actual costs may differ significantly from such estimates. Horticultural Asset Management, Inc.,
its principals and affiliates, do not guarantee that any estimate provided in this Report will be true, accurate or
accepted by any third party. This Report is not meant for tax purposes and professional tax advisors should
be consulted with respect to claims regarding tree losses.
The use of this Report is provided "as is ", "as available ", and without any representations or warranties
of any kind, express, implied, statutory or otherwise, including, without limitation, any implied warranty of
merchantability, non - infringement or fitness for a particular purpose, and Horticultural Asset Management, Inc.
hereby disclaims the same.
This Report is not a diagnosis of any potential problems or safety concerns with respect to the trees and
shrubs listed herein but rather a record of a visual, noninvasive inspection made by an assessor. Neither
Horticultural Asset Management, Inc., its directors, officers, employees, consultants, contractors nor any other
third party shall have any liability with respect to any loss, injury or death resulting from the recommendations
and information appearing in this Report and /or omissions thereof. No information included in this Report is
intended to provide any guaranty or assurance with respect to the health of the assessed trees and shrubs
and the safety of the property and /or persons present on or near the property from said trees and shrubs. The
owner of the property being assessed is solely responsible for any damage, injury or death caused by any
trees and shrubs located on said property.
Copyright@ 2009 Horticultural Asset Management, Inc. All rights reserved. Except as permitted under the
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registered and unregistered trademarks owned by Horticultural Asset Management, Inc.
Horticultural Asset Management, Inc. 866.937.6468 p
107 Edinburgh South Drive 866.646.8329 f
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