The Texas Transportation Commission unanimously voted on November 19, 2009 to spend approximately $2 billion in 74 new highway projects, including $418.1 million to expand Interstate Highway 35 through Bell County. The money comes from Proposition 12 bond proceeds, which Texas Voters approved in 2007 and the Legislature authorized earlier this year.
This I-35 widening is planned to be from FM 2843 to FM 2484 in Salado; and, from the north Loop 363 in Temple through Troy, through Falls County, and into McLennan County to Woodlawn Road.
This funding does not address widening of I-35 through Temple/Belton and Waco, as, like many other important projects across the state, some I-35 expansion projects will not meet the bonds' expenditure timeframe.
According to TxDOT website, other projects on the considered list for Bell County, but did NOT make the approved list, were new lanes on US 190 from SP 172 (Fort Hood Main Gate) to W.S. Young; US 190 "turnaround" at FM 2410; Construct frontage roads on Loop 363 in Temple from I-35 North to Hwy 53; Construct new lanes on Hwy 317 from FM 2305 to FM 439; an overpass at Hwy 195 and Stagecoach Road/SH201; Widen roadway on FM 437 from FM 940 to Hwy 53 in Zabcikville; Widen roadway on FM 1237 from Hwy 317 to I-35; and, Widen roadway on FM 935 from I-35 to Falls County line.
From 2006 through 2008, Bell and McLennan counties, both, had more than 200 vehicle crashes occur on Interstate 35, with more than 300 individual injuries suffered annually.
As one of the top corridor projects in the state, these planned improvements for I-35 will enhance safety for motorists and provide for more efficient movement of goods as traffic continues to grow into the years to come.
As most of you know, Interstate Highway 35 widening has been on hold because of various financial and political reasons for years. The Texas Department of Transportation is still in the process of expanding and reconstructing IH 35 through Temple Texas as part of a federal project. The first federally required meeting was July 26, 2000, the second meeting was August 30, 2001, a third meeting on June 13, 2002. Then not much of anything has happened since 2002 until a required public meeting on November 12, 2009 was held, with the newest changes finally being made available to the public, of the original proposed schematic for Temple. This is part of 17 projects covering 3 counties for a total length of over 90 miles between the Bell/Williamson county line and the East/West split in Hillsboro. As part of the 17 projects, IH 35 is proposed to be widened through the City of Temple from approximately South Loop 363 to North Loop 363. The proposed project will consist of a six-lane controlled access facility with one-way continuous frontage roads. The latest total estimated cost of construction for this project is approximately $260 million. Additional right of way would be required for the project as well. No funds are currently available to complete this project.
The project sequence is to include a public hearing in mid 2010, with the beginning of right-of-way acquisition in 2011. However, TxDOT still does not currently have any acquisition or construction funds available for this project.
Historically the planning maps have not been readily available via the internet, or they were outdated, requiring driving to Waco, Texas to talk one on one with a TxDOT employee to view maps, for each different project, or try to get them to help with description over the phone. Although the cities are aware of TxDOT plans, they were not sharing the data with the public as it was not theirs to make available to the public. Fortunately, TxDOT now has this are broken into four pdf files availabe for public view and download. These may take a few minutes to download. Links as of November 14, 2009 are:
ftp://ftp.dot.state.tx.us/pub/txdot-info/wac/i35_363_west.pdf
ftp://ftp.dot.state.tx.us/pub/txdot-info/wac/i35_west_nugent.pdf
ftp://ftp.dot.state.tx.us/pub/txdot-info/wac/i35_nugent_290.pdf
ftp://ftp.dot.state.tx.us/pub/txdot-info/wac/i35_290_363.pdf
Feel free to call or email me with your valuation, relocation or condemnation questions!
On October 8-9, 2009, I took the course "Creative Land Planning for Profits" sponsored by the Texas Chapter of the Realtors Land Institute. It was taught by David R Jensen of David Jensen Associates of Denver, Colorado, and is a nationally recognized land planner. We studied old style subdivisions, as compared to newer style communities, discovered how to turn obstacles into opportunities and profits, learned how to determine the optimum use for sites and to develop a model plan, and work effectively with governmental zoning and planning boards as well as neighborhood groups to build consensus. These communities are places for people to live, planned around lifestyle components such as parks, open spaces, walking, and biking trails. Some development types are lake, golf, ski, marina/boating, health spa, equestrian, sports and other resort communities. Development trends are active adult communities, built green communities, and cluster developments. The four main elements that make up green development are environmental responsiveness, resource efficiency, community and cultural sensitivity and integrating ecology with real estate. Builders, developers and home buyers can all benefit from communities designed around green development principles. Some benefits include reduced capitol costs, reduced operating costs, good public relations, product differentiation, new business opportunities, reduced resource consumption and energy efficiency, leading to lower energy bills. As our cities, counties, states, and our country continues to grow in population, housing the most people on the least amount of land will need to be considered to accommodate the required communities needed, with the most use, and least impact on the land as possible.
319 S 25th Street, Temple, Texas 76504
$14,000
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David Jirasek, ALC, CCIM, GAA JIRASEK REALTY (254) 770-0996 djirasek@ccim.net http://www.jirasekrealty.com |
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| Listed by: David Jirasek, ALC, CCIM, GAA |
Call David Jirasek, ALC, CCIM, GAA at (888) 662-3390 for more details.
This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. All references to age, square footage, lot sizes, school district, zoning, income/expenses, etc. are approximate. Buyers should conduct their own independent investigations and rely only on those results. All information subject to change. It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin.
Earlier this week, I attended the Nineteenth Annual Outlook for Texas Land Markets, by the Real Estate Center, Mays Business School, Texas A&M University, and was held in San Antonio, Texas. Topics discussed were: State of the real estate economy; Conservation easements from a landowner's perspective - Reconciling conservation easements with oil and gas law; Current issues in water marketing - groundwater conservation districts; Sculpting brush - dominated rangelands for wildlife; Annual review of legal issues impacting land use and land brokerage; An analysis of developments in environmental regulations, legislation, and litigation affecting land market professionals; Discussion of current trends in valuation of agricultural land markets around Texas by the ASFMRA Committee; Review of land market developments for the past year and projections for the year ahead; Discussion of interactive applications with Web Soil Survey (WSS); Annual review of developments in agricultural policy; An analysis of legislation with important implications for real estate; Geographic distribution of Texas population in 2030; and, a MCE legal update course.
This is an excellent way to learn more about land related topics from leading professionals, and earn CEU's. If you didn't make it, I suggest you consider going next year if you can.
David Jirasek, ALC, CCIM, GAA
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Marketing for sale and/or lease of commercial, industrial, retail, office, income producing properties, farm & ranch and all types of land investments, site selection, and development/redevelopment.
David was actively engaged as a full time real estate appraiser from 1983 to 1997, in the analysis and mass appraisal of real estate for property taxation. Since 1997, David has been involved in such services as sale, leasing, build to suit, tenant representation, due diligence, site location, Texas real estate property taxation representation and tax deferred exchanges of Commercial, Industrial and Investment Properties, and all types of Land Investments, Site Selection, Development, and Redevelopment.
Buyers and sellers in today's complex land real estate market need professionals who provide up-to-date knowledge, a variety of real estate services, and ethical real estate practices. In short, they're looking for real estate professionals who hold the esteemed Accredited Land Consultant (ALC) designation. ALC's are a part of the largest trade organization in the world and of the premiere land real estate organization, the REALTORS® Land Institute, which has been serving the nation's land real estate professionals and their clients for over 50 years.
Clients who want to purchase, sell or exchange land, know they need to rely on a leader in land brokerage when making the most valuable decision of all - who will be their land broker?
The Accredited Land Consultant (ALC) designation is important to REALTORS® Land Institute members and to their clients for many reasons.
First, the designation is awarded by the Board of Directors to members who have completed a comprehensive program of education and service to the Institute. Only ALC's may use the accredited logo in their brokerage correspondence and marketing pieces.
Second, ALC's constitute a network of recognized specialists throughout the United States. ALC's serve the public in its need for land related real estate services. ALC's ensure that clients will find the best possible parcel for farming, development, recreation and a myriad of other specialized uses. The ALC network is a valuable resource for buyers and sellers.
As land professionals, ALC's know current market values. They work diligently to secure the best sale or purchase price for their clients. Also, ALC's assist buyers and sellers in such areas as finance, leasing and land management. To be safe, secure and satisfied, buyers and sellers are encouraged to work with an accredited real estate professional - one of REALTORS® Land Institute's Accredited Land Consultants.
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A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate. A CCIM is an invaluable resource to the commercial real estate owner, investor, and user, and is among an elite corps of more than 9,000 professionals who hold the CCIM designation across North America and more than 30 countries. Nearly 10,000 additional professionals are pursuing the CCIM designation.
Recognized for its preeminence within the industry, the CCIM curriculum represents the core knowledge expected of commercial investment practitioners, regardless of the diversity of specializations within the industry. The CCIM curriculum consists of four core courses that incorporate the essential CCIM skill sets: financial analysis, market analysis, user decision analysis, and investment analysis for commercial investment real estate. Additional curriculum requirements may be completed through CCIM elective courses, transfer credit for graduate education or professional recognition, and qualifying non-CCIM education. Following the course work, candidates must submit a portfolio of closed transactions and/or consultations showing a depth of experience in the commercial investment field. After fulfilling these requirements, candidates must successfully complete a comprehensive examination to earn the CCIM designation. This designation process ensures that CCIMs are proficient not only in theory, but also in practice.
With such a wide range of subjects to be mastered and in a dynamic business such as real estate, the educational process doesn't end once the designation is earned; there is a strong commitment among CCIMs to continuing education.
Only 6 percent of the estimated 150,000 commercial real estate practitioners nationwide hold the CCIM designation, which reflects not only the caliber of the program, but also why it is one of the most coveted and respected designations in the industry. The CCIM membership network mirrors the increasingly changing nature of the industry and includes brokers, leasing professionals, investment counselors, asset managers, appraisers, corporate real estate executives, property managers, developers, institutional investors, commercial lenders, attorneys, bankers and other allied professionals. Through this business network, CCIM members successfully complete thousands of transactions annually, representing more than $200 billion in value.
Certified Commercial Investment Members are in more marketplaces in North America -- 1,000 cities -- than all major real estate companies combined. Regions and chapters provide designees and candidates the opportunities to promote business and educational goals through local and regional forums and meetings.
Commercial real estate is a complex investment that can yield substantial financial gains or unforeseen financial losses. CCIMs possess a thorough understanding of the financial analysis concepts and modern investment strategies needed to make sound decisions on the acquisition and ownership of commercial property. CCIM's have mastered such issues as the time value of money, measuring investment performance, analyzing the best use of a site, property supply and demand, evaluating and managing risk, lease vrs own analysis, market demographics, negotiation, tax implications and financing options. CCIM's apply their expertise to transactions and consulting assignments involving office space, industrial, retail space, multifamily, hotels & motels, senior living facilities, special purpose and land.
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General Accredited Appraiser. The GAA designation is awarded to appraisers whose education and experience exceed state appraisal certification requirements and is supported by the NATIONAL ASSOCIATION OF REALTORS®.
David was actively engaged as a full time real estate appraiser from 1983 to 1997, in the analysis and mass appraisal of real estate for property taxation. Since 1997, David has been involved in such services as sale, leasing, build to suit, tenant representation, due diligence, site location, real estate taxation representation and tax deferred exchanges of Commercial, Industrial and Investment Properties, and all types of Land Investments.
COLLEGE EDUCATION
Attended Temple Junior College, Some studies included Drafting and Design courses such as: General Technical, Machine, Architectural, Strength of Materials, Advanced Architectural, Topographic, (Surveying Fundamentals), Structural, Industrial Mechanics, Computer Aided Drafting, Descriptive Geometry, Engineering Drawing, Computer Aided Design, and the following Real Estate courses: Real Estate Marketing & Ethics, Spring 1984, Real Estate Fundamentals, Real Estate Appraisal I & Real Estate Law, Fall 1984, Real Estate Management & Real Estate Finance, Spring 1985, Attended McLennan Community College, Appraisal II (Income Property Appraising), Spring 1991, Attended Central Texas College, Basic Studies
APPRAISAL EDUCATION
Board of Tax Professional Examiners approved courses for Appraisal District educational purposes, including: Introduction to Property Tax System 9-1983, Introduction to Appraisal 5-1985, Cost Approach to Value 6-19-1985, Market Approach 12-14-1984 and Income Approach to Value 2-6-1986, Property Tax Law 7-22-1987, Mass Appraisal Concepts 8-12-1987 and Valuation of Agricultural Land 8-8-1990.
PROFESSIONAL AFFILIATIONS
Real Estate Broker License, Texas Real Estate Commission
Senior Property Tax Consultant License, Texas Department of Licensing & Regulation
Member of Commercial Investment Real Estate Institute
Central Texas CCIM (Certified Commercial Investment Member) Chapter Member
Member of Realtors Land Institute (RLI)
Member of National Association of Realtors (NAR)
Member of Texas Association of Realtors (TAR)
Member of Temple-Belton Board of Realtors Multiple Listing Service
Member of Fort Hood Area Association of Realtors Multiple Listing Service
Member of Waco Association of Realtors Multiple Listing Service
Member, 2005-2006 Board of Directors Temple-Belton Board of Realtors
Temple Area Home Builders Association
ACCREDITATION
Certified Commercial Investment Member (CCIM)
Accredited Land Consultant (ALC)
General Accredited Appraiser (GAA)
OTHER AFFILIATIONS
Member of Temple Chamber of Commerce
Member of Belton Area Chamber of Commerce
Treasurer, Troy Area Chamber of Commerce
Former Member, Board of Directors, Pendleton Water Supply Corporation, 2000-2006
Texas Self Storage Association
Texas Real Estate Appraiser Certification
David has provided satisfactory evidence of the qualifications required by the Texas Appraiser Licensing and Certification Act, Article 6573a. 2, Vernon's Texas Civil Statutes and is authorized to use the title State Certified General Real Estate Appraiser and has a certification number of TX-1325973-G.
CONTINUING EDUCATION
Workshop on the Valuation of Machinery and Equipment, IAAO, October 23, 1987
Champions School of Real Estate, Mandatory Continuing Education, April 4 & 5, 1992
34th Institute of Property Taxation & State Comptrollers Property Tax Division 14th Annual Conference, December 14-16,1992
I410 Standards of Professional Practice, Part A (USPAP), Appraisal Institute August 30 & 31, 1993
II420 Standards of Professional Practice, Part B, Appraisal Institute, September 1 & 2, 1993
Texas Association of Appraisal Districts, Centra-Plex Chapter Meeting, November 5th, 1993
Texas Association of Appraisal Districts, Centra-Plex Chapter Meeting, March 4th, 1994
Texas Association of Appraisal Districts, Centra-Plex Chapter Meeting, August 4th, 1994
TAAD, Developing Neighborhood Analysis Factors Seminar, September 19-20, 1994
Texas Association of Appraisal Districts, Centra-Plex Chapter Meeting, November 4th, 1994
DRA's Property Tax Institute, Ethics Seminar, December 6th, 1994
Texas Association of Appraisal Districts, Centra-Plex Chapter Meeting, March 3rd, 1995
Buyer's Representation: Practical Applications/Strategies, Continuing Education Institute, June 10, 1995
Mediation and Property Condition Issues, Continuing Education Institute, June 17th, 1995
Commercial/Investment Real Estate Update 1995, Continuing Education Institute, October 10th, 1995
Texas Association of Appraisal Districts, Centra-Plex Chapter Meeting, November 3rd,1995
Fifteenth Annual Conference, Texas Association of Appraisal Districts, February 18-21, 1996
Texas Association of Appraisal Districts, Centra-Plex Chapter Meeting, March 1st, 1996
Texas Association of Appraisal Districts, Centra-Plex Chapter Meeting, November 1st, 1996
Exchanging: Structuring a 1031 Exchange, Continuing Education Institute, June 24th,1997
Commercial Real Estate Contracts, Continuing Education Institute, November 12th, 1997
USPAP Appraisal Standards & Ethics APPR, Austin Institute of Real Estate, Nov 18th,1997
Pricing Property to Sell, Austin Institute of Real Estate, February 20th, 1998
CI401: Introduction to Commercial Real Estate Analysis, Commercial Investment Real Estate Institute, August 2nd, 1998
CI101: Financial Analysis for Commercial Investment Real Estate, Commercial Investment Real Estate Institute May 12-16, 1999
CI102: Market Analysis for Commercial Investment Real Estate, Commercial Investment Real Estate Institute, Sep 16-19, 1999
1031 Tax Deferred Exchange Training Seminar, Asset Preservation Inc, sponsored by Stewart Title Austin, Inc, Oct 15th, 1999
CI103: Lease Analysis for Commercial Investment Real Estate, Commercial Investment Real Estate Institute, December 1-5, 1999
"New Millennium R/E Laws & Forms" Seminar, Old Republic Title Company, January 11th, 2000
Uniform Standards of Professional Appraisal Practice Update, Continuing Education Institute, January 28th, 2000
1031 Tax Exchange, An Investors Dream, Seminar, Real Estate Education Services, February 10th, 2000
Tenth Annual Outlook for Texas Rural Land Markets, Texas A&M Real Estate Center, March 24th, 2000
CI104: Investment Analysis for Commercial Investment Real Estate, Commercial Investment Real Estate Institute, March 27-31, 2000
Mediation Training Seminar by Bruce H. Aydt, ABR, ABRM, CRB, July 6th, 2000
Course Concepts Review for CCIM Comprehensive Examination, Commercial Investment Real Estate Institute, November 6-7, 2000
Professionally Designated with CCIM, November 8th, 2000
FHA Guidelines & Procedures Seminar, by Kathy Coon, SRA, January 10th, 2001
"Code Enforcement" Seminar for TBBOR Grievance & Professional Standards Committees, February 12, 2001
Texas Millionare Seminar (Bankruptcy, Easements, Surveys & Probate), Chicago Title Insurance, March7th, 2001
Eleventh Annual Outlook for Texas Rural Land Markets, Texas A&M Real Estate Center, May 4th, 2001
"The TREC Option" Form Update, and Multiple Offers, Texas Association Of Realtors, August 17th, 2001
"Home Owner Warranty Class", by First American Home Warranty, October 24, 2001
"The Revised TREC Contract Forms" Seminar, by Commonwealth Land Title Company of Fort Worth, January 15th, 2002
Uniform Standards of Professional Appraisal Practice Update, Lincoln Graduate Center, February15th, 2002
Probate Problems & Statutory Solutions Seminar, Richard Black, sponsored by Stewart Title, February 20, 2002
Twelfth Annual Outlook for Texas Rural Land Markets, Texas A&M Real Estate Center, May 3rd, 2002
Site Selection: "Analyze Market Opportunities for Development Land", Realtors Land Institute, October 24-26, 2002
The Killeen-Temple Metropolitan Statistical Area Short-Term (2002-2007)
Economic Forecast Luncheon Seminar, The Perryman Group, February 7, 2003
"The Road Less Traveled" Special Purpose Properties, Appraisal Institute, March 28, 2003
Thirteenth Annual Outlook for Texas Land Markets, Texas A&M Real Estate Center, April 10th & 11th, 2003
"Statutory Law to Case Law" Seminar, Best Home Warranty Company, April 14, 2003
"Overcome the Four Major Barriers of Communications" Seminar, Best Home Warranty Company, April 14, 2003
"Buyer on Buyer Appointed Agency", Best Home Warranty Company, April 14, 2003
"Land Development" sponsored by Tennessee Chapter, Realtors Land Institute, May 29 & 30, 2003
2003 Truth-In-Taxation / Legislative Seminar, Comptroller of Public Accounts, Property Tax Division, August 7, 2003
Title Company Process...from Contract to Policy, CentraLand Title, September 10, 2003
Uniform Standards of Professional Appraisal Practice Fourteenth Annual Outlook for Texas Land Markets, Texas A&M Real Estate Center, April 29 & 30, 2004
"Subdivision Rules & Regulations" Seminar Given by Bell County Commissioners & Engineers, February 4, 2005
15th Annual Outlook for Texas Land Markets, Texas A&M Real Estate Center, April 28th-29th, 2005
Uniform Standards of Professional Appraisal Practice Update #101, Columbia Institute, January 25, 2006
Sixteenth Annual Outlook for Texas Land Markets, Texas A&M Real Estate Center, April 27 & 28, 2006
Texas Property Tax Consultant Training, May 27, 2007
Appraisal USPAP Update Course, McKissock, February 4, 2008
Environmental Pollution and Mold, McKissock, February 7, 2008
Appraising the Oddball, McKissock, February 10, 2008
18th Annual Outlook for Texas Land Markets, Texas A&M Real Estate Center, April 24 & 25, 2008
"The Economic Future of Temple & Bell County" Dr. Mark G. Dotzour, CentraLand Title, May 8, 2008
Tax Deferred 1031 Exchange Course, Investment Property Exchange Services, Inc. May 30, 2008
"Working with Streams & The Erosion Hazard Zone" Blackland Research Center, March 3, 2009
19th Annual Outlook for Texas Land markets, Texas A&M Real Estate Center, April 6 & 7, 2009
"Opportunities & Advantages of Res Service Contract Disclosure", Texas Warranty Assoc, May 8, 2009 "Must Knows" About Residential Service Contracts, Texas Warranty Association, May 8, 2009 "Short Sales" Overview Course, Alamo Title/Fidelity National Title, May 14, 2009 "Commercial Contracts" Course, Alamo Title/Fidelity National Title, May 14, 2009
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