CITY COUNCIL: Resolution Amending Agreement with CB Richard Ellis Consulting for Additional Services Pertaining to Flanders Property Economic Analysis

Meeting Date: December 1, 2009
Prepared by: Joyce Giuffre, Administrative Services Director

City Council
Agenda Item Summary

Name: Consideration of a Resolution amending the agreement with CB Richard Ellis Consulting in the amount of $2,792.25 for additional services pertaining to the economic analysis of the Flanders Property.

Description: The original $40,000 contract to provide an economic analysis for the Flanders Property was awarded to CB Richard Ellis Consulting (CBRE) on July 21, 2008. CBRE received an additional $5,000 for professional services related to the Flanders Property Economic Analysis in October 2008. At its June 2, 2009 meeting, Council approved an additional $23,000 to CBRE for further professional services related to the Flanders Property Economic Analysis.

This contract amendment for an additional $2,792.25 is to cover further professional services, including CBRE’s attendance of the May 12, 2009 City Council meeting, as detailed in Attachment “A”.

Overall Cost:
City Funds: $2,792.25. (Account 01-61051-0040)
Grant Funds: N/A

Staff Recommendation: Adopt the Resolution.

Important Considerations: Attendance at this meeting was outside the scope of the abovereferenced $68,000 budget.

Decision Record: Resolution 2009-37, approving additional preparation of economic analysis for Flanders Property; Resolution 2008-50, approving preparation of economic analysis for Flanders Property.

Reviewed by:

__________________________ _____________________
Rich Guillen, City Administrator Date

CITY OF CARMEL-BY-THE-SEA
CITY COUNCIL
RESOLUTION 2009-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARMEL-BY-THE-SEA AMENDING THE AGREEMENT WITH CB RICHARD ELLIS CONSULTING, IN THE AMOUNT OF $2,792.25 FOR ADDITIONAL SERVICES PERTAINING TO THE ECONOMIC ANALYSIS OF THE FLANDERS PROPERTY

WHEREAS, CB Richard Ellis Consulting (CBRE) is a full-service real estate and urban economics consulting firm; and

WHEREAS, CBRE’s original contract, dated July 21, 2008 was for $40,000 to provide economic analysis for the Flanders Property; and

WHEREAS, on October 21, 2008, CBRE was granted an additional $5,000 for professional services related to the Flanders Property Economic Analysis; and

WHEREAS, on June 2, 2009, CBRE was granted an additional $23,000 to complete the final economic analysis and appraisal as well as Phase II for the Flanders Property; and

WHEREAS, CBRE has incurred costs for attendance of an additional City Council meeting on May 12, 2009, in the amount of $2,792.25.

NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF CARMEL-BY-THE-SEA DOES:

1. Authorize the amendment of the CBRE Consulting agreement, dated October 21, 2009 in an amount of $2,792.25, for the attendance of the additional City Council meeting on May 12th, 2009.

2. Authorize payment for the professional services rendered in the agreement from the Account No. 01-61051-0040.

PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF CARMEL-BY-THE-SEA this 1st day of December, 2009, by the following roll call vote:

AYES: COUNCIL MEMBERS:
NOES: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:

SIGNED:

_______________________
SUE McCLOUD, MAYOR

ATTEST:

_________________
Heidi Burch, City Clerk