July 19, 2022
Economic Development
DATE: July 19, 2022
TO: Mayor Butt and Members of the City Council
FROM:
Shasa Curl, City Manager
Shané Johnson, Senior Administrative Analyst
Subject:
Professional Services to Develop and Provide Economic
Analyses on Real Property Negotiations
FINANCIAL IMPACT: The contract will be funded from various City departments including Port (40162380-400201), City
Manager’s Office (01131013-400201), Economic
Development (01361165-400201), and various other City
departments on an as-needed basis.
PREVIOUS COUNCIL
ACTION:
November 10, 2020
STATEMENT OF THE
ISSUE:
The City Manager’s Office of Economic Development is
seeking approval of a second contract amendment with
Land Econ Group to continue professional services
related to economic analyses on real property
negotiations.
RECOMMENDED ACTION:
APPROVE a second contract amendment with Land
Econ Group in the amount of $50,000, for a total contract amount not to exceed $100,000, for professional services to develop and provide economic analyses on real
property negotiations, for a term extending through June 30, 2024 – City Manager’s Office, Economic
Development (Shasa Curl/Shané Johnson 620-6512).
AGENDA
REPORT
July 19, 2022
DISCUSSION:
On October 27, 2020, the City Manager’s Office, Economic Development solicited a Request for Qualifications (RFQ) for On-Call Real Property Negotiation Economic Analyses.
The RFQ was sent to three vendors via email as an informal solicitation. There were two total respondents to the RFQ. The responses were reviewed by the City Manager’s Office, Economic Development Division staff members using the criteria stated in the RFQ. Land Econ Group was found to be the most qualified responsive bidder.
Subsequently, on November 10, 2020, City Council approved a contract with Land Econ Group for an amount not-to-exceed $50,000 and with a term from November 11, 2020 through June 30, 2023.
As the City continues to engage in real estate transactions, Land Econ Group’s assistance with providing on-call real property negotiation economic analyses remains a much-needed service. As such, City staff is requesting City Council’s approval to increase the contract payment limit by an additional $50,000, for a total contract amount not to exceed $100,000, and an extended term through June 30, 2024.
DOCUMENTS ATTACHED:
Attachment 1 – Proposed Second Contract Amendment (Term and Funds) Attachment 2 – First Contract Amendment (Scope Only)
Attachment 3 – Original Contract