First Amendment toProfessional
Services Agreement–
Jones Lang Lasalle Americas, Inc. for
Specialized Real Estate Brokerage
Services
City Council Meeting
August 9, 2022
Jill Scott, Real Property Manager
Celeste Carranza Associate Real Property Agent
1 BACKGROUND
• On November 7, 2019, after a request for proposals process, the City entered into a Professional Services Agreement (PSA) with Jones, Lang, Lasalle (JLL) for specialized real estate brokerage services. The contract provides services as needed for the City’s use in an amount not to exceed
$99,000, which will run out this year.
• The PSA assisted City Staff with specialized City-wide activity in development related acquisition and Citywide surplus sales which can include: sale appraisal, market analysis, marketing, economic analysis and Exclusive
Negotiation Agreements (ENA) and Disposition and
Development Agreements (DDA) negotiation and
specialized advisory services as needed and if needed.
ANALYSIS
• With the anticipated continuance of high levels of
specialized Real Estate activity, staff is requesting
an increase in compensation of $100,000 over two
years under the Agreement.
• Since this is a City-wide contract and used
throughout the Departments, the funds are paid
out of various project keys as approved by the
Chief Financial Officer, on an as-needed, if-needed
basis, and not encumbered in any one department
or project budget.
RECOMMENDATION
It is recommended by Real Estate Services that
the Council, by resolution, approve a First
Amendment to Professional Services Agreement
Number F002062 with Jones Lang Lasalle
Americas, Inc. of Los Angeles, California to
increase compensation under the Agreement for
specialized real estate brokerage services by
$100,000.00, for a total amount not to exceed
$199,000.00.
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