RESOLUTION NO. 2023-XXXX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS DELEGATING AUTHORITY TO THE ACTING CITY MANAGER TO AWARD A CONTRACT FOR THE PAD M DEVELOPMENT PROJECT (573 GRAND AVENUE), AND TO NEGOTIATE, FINALIZE, AND EXECUTE THE CONTRACT AND ALL RELATED DOCUMENTS SHOULD NEGOTIATIONS RESULT IN MUTUALLY ACCEPTABLE CONTRACT DOCUMENTS, , AND FURTHER DELEGATING TO THE ACTING CITY MANAGER AND CITY ENGINEER THE AUTHORITY TO APPROVE PLANS AND SPECIFICATIONS FOR SAID PROJECT Whereas, the City of San Marcos (City) operates a real estate portfolio to cultivate a diverse array of non-tax revenue, in accordance with the City’s Charter; and, WHEREAS, the revenue from the Creekside Marketplace retail project accounts for approximately 3.5% of the revenue in the City’s general fund; and WHEREAS, after several unsuccessful attempts to lease the vacated Applebee’s building, the City has determined that a new building concept will be more attractive to prospective tenants under current market conditions; and Whereas, City staff has proposed a site development plan that seeks to replace the demolished former Applebee’s Restaurant at Creekside Marketplace with a building of a similar footprint and the capacity for three separate food service tenants; and Whereas, IDS Real Estate Group, acting in its capacity as the City’s real property management consultant and on the City’s behalf, has publicly advertised a request for proposal yielding two responses; and WHEREAS, after evaluation of proposals received, IDS Real Estate Group has identified the proposal from Bycor as the best qualified and highest ranked, and has further determined the proposal to meet the needs of the Pad M Development Project; and NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of San Marcos hereby delegates to and authorizes the Acting City Manager to award a contract in the amount of $3,911,690.00 for the Pad M Development Project (573 Grand Avenue), and to negotiate, finalize, and execute the contract and all related documents; and delegates to and authorizes the Acting City Manager and the City Engineer the authority to approve plans and specifications for said Project BE IT FURTHER RESOLVED, that in the event the resulting contract documents are not acceptable to the City, the Acting City Manager is delegated the authority to decide not to proceed with award of the contract to Bycor.
PASSED, APPROVED, and ADOPTED by the City Council of the City of San Marcos, California, on the 12th of September, 2023, by the following vote:
AYES: COUNCIL MEMBERS:
NOES: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
Rebecca D. Jones, Mayor
City of San Marcos
ATTEST:
Phillip Scollick, City Clerk
City of San Marcos
Resolution No. 2023- XXXX
Resolution 2023 – XXXX