Loading...
HomeMy WebLinkAboutR05-Economic Development Agency - ,,'...... /'.~ '-' -- - Redevelopment Agency · City of San Bernardino 300 North "D" Sttee~ Fourth Floor . San Bernardino. California 92418 (714) 384-5081 FAX (714) 888-9413 .. :~; ~ WeD S"'ven H. Dukett Executive Director APRIL 10, 1989 FOURTH AMENDMENT TO CONTRACT WITH KEYSER MARSTON ASSOCIATES, INC. Synopsis of Previous Commission/Council/Committee Action: 07-09-84 Executive Director of the Redevelopment Agency authorized to enter into Agreement with Keyser Marston Associates, Inc., to provide real estate economic services on an hourly basis if needed. 07-23-84 Resolution No. 4649 adopted authorizing execution of an Agreement between the Agency and Keyser Marston Associates for consultant services. 02-18-85 Resolution No. 4734 approved First Amendment adopting 1985 compensation schedule. (continued on page 2) '- (COMMUNITY DEVELOPMENT COMMISSION) Recommended Motion: That the Commission approved a Fourth Contract Amendment with Keyser Marston Associates, Inc. Respectfully Submitted, zt ~t.,~...--:.~ "'"'0'0' Supporting data attached: YES FUNDING REQUIREMENTS: $36,000/yr. Ward: Project: All All Commission Notes: -- SHD:ND:sm:4969G Agenda of: f-i?- 91 Item No. 5'" - ,.......-"" --- - - - ~ "-' /-'" -....1 Synopsis of Previous Commission/Council/Committee Action: 04-07-86 Resolution No. 4867 approved Second Amendment adopting 1986 compensation schedule. 06-16-86 Commission received and filed Keyser Marston activity report. 06-02-87 Resolution No. 5031 approved Third Amendment adopting 1987 compensation schedule. 04-06-89 Redevelopment Committee recommended that the Commission authorize a Fourth Contract Amendment to the Contract. SHD:ND: sm: 4969G 2 - - .'-_.~ ~- '. c /.'~ , v STAFF REPORT '- This is to request that the Commission authorize the Executive Director to execute the attached Fourth Amendment to Contract between the Agency and Keyser Marston Associates, Inc. BACKGROUND Since 1984 the Agency has utilized the services of Keyser Marston Associates (Keyser Marston), a firm of professional real estate economists, to provide expertise in reviewing and analyzing project feasibility and financial assistance needs as related to developer pro formas. The firm has provided advice and assistance during the negotiation stages of numerous projects, as well as preparing independent analyses of proposals submitted to the Commission. On September 6, 1988, the Commission authorized $36,000 to be allocated for the services of Keyser Marston for fiscal year 1988-89. As the last amendment to the Keyser Marston agreement has expired, it is requested that the attached amendment, extending the agreement through June 30, 1989, be approved. The amendment will enable the Agency to utilize the services of Keyser Marston for the balance of the fiscal year and to maintain continuity on several pertinent projects. "~. During the next 90 days, staff will issue a Request for Qualifications (RFQ) to advertise for the services of a real estate economist and will be prepared to recommend an appropriate consultant(s) for the upcoming fiscal year. '- The proposed Contract Amendment has been approved as to form and legal content by Agency Counsel and signed by Keyser Marston. The Redevelopment Committee reviewed this item on April 6, 1989 and recommended approval. It is, therefore, requested that the Commission authorize the Executive Director to execute the attached Fourth Amendment to Contract with Keyser Marston. '- SHD:ND:sm:4969G 3 r'...... ~ -- - FOURTH AMENDMENT TO CONTRACT BETHEEN REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AND KEYSER MARSTON ASSOCIATES, INC. of This Fourth Amendment to Contract Is entered Into the _____ day , 1989, by and between the REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO, (the "Agency"), and KEYSER MARSTON ASSOCIATES, INC., ("Consultant"). RECITALS 1. The Agency and Consultant entered Into a contract dated July 23, 1984 (the "Contract") to provide professional consultant services. 2. The Agency and Consultant now wish to amend their previous -- contractual agreement for professional consultant services to provide for consulting services as needed In any project or survey area for an extension periOd of one (1) year, and to provide for a new schedule of hourly rates. NOH, THEREFORE, THE PARTIES HERETO AGREE AS FOLLOHS: 1. The parties agree to extend the term of the Contract between the Agency and Consultant, as modified by the First, Second and Third Amendments to the Contract, for a term of one year, ending June 30, 1989. 2. The parties agree that services rendered In the extension period shall be compensated for based on the 1989 hourly fee schedule, attached hereto as Exhibit "A" and Incorporated herein by reference. - .' ~ ",,..,..,. - '- c 3. In all other respects, the Contract between the Agency and Consultant shall remain In full force and effect. IN HITNESS HHEREOF, the parties have executed this amendment effective as of the date and year first set forth hereinabove. Approved as to Legal Form and Content REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO ;}/vM",)Y) ~I J1.1i1e. ) ~~ By: Executive Director Approved as to Program Redevelopment Agency, City of San Bernardino KEYSER MARSTON ASSOCIATES. INC. ~n~&n Manager By: Pres I dent By: Secretary 02631 ".,' .. , . -- """,.... '- 1 ""- - -- 1- - --- - - -- f'lPR 04 '8909:18 KEYSER MARSTON, L.A. P.4 ," ", \,...;.,' -.- J. In .11 othtr rl.p.cts. the Contract btt~..n the AI.ncy lnd Consultant shill ramaln In fu11 force and .'f.ct. , IN NITH!S5 WHEREOF, the partt.. hav. ...cut.d thts ...ftdllnt . . ,fflet'y. al Df the dati and l'lr "'It ..t forth h'r,'nabof.. ApproYld as to Ltgal '01'1I Ind Conttnt REDEYELOPMlNT ACENCY OF THE CITY OF SAN IERNARDlltO Approvtd II to 'l'OIr.. Rt~ty.top.nt AI,ne,. Ctb of Saft lernardlno KEYSER MARSTON ASSOCIATES. INC. ~n~Oft Mlnage, . . ,~ f..i.// Principal 01131 - - - . -- " . ,"',," , I.,...., ....,."...~ - KEYSER MARSTON ASSOCIATES. INC. HOURLY FEE SCHEDULE 1989 A. JERRY KEYSER* $140.00 SENIOR PRINCIPALS* $135.00 PRINCIPALS* $130.00 SENIOR ASSOCIATES* $110.00 ASSOCIATES $ 95.00 ~ SENIOR ANALYST $ 80.00 ANALYST $ 70.00 TECHNICAL STAFF $ 46.00 ADMINISTRATIVE STAFF $ 41. 00 Directly related job expenses not included in the above rates are: delivery. electronic data processing. graphics and printing. Directly related job expenses will be billed at 110% of cost. Monthly billings for staff time and expenses incurred during the period will be payable within thirty (30) days of invoice date. A charge of 1% per month will be added to all past due accounts. *Rates for individuals in these categories will be increased by 50% for time spent in court testimony. - E:chibit ",01:;'''