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HomeMy WebLinkAbout08.A- Finance RESOLUTION (ID#2048) DOC ID: 2048 A C CITY OF SAN BERNARDINO—REQUEST FOR COUNCIL ACTION Agreement/Contract From: Jason Simpson M/CC Meeting Date: 10/15/2012 Prepared by: Jason Simpson, Dept: Finance Ward(s): All Subject: Resolution of the Mayor and Common Council of the City of San Bernardino Acting as the Successor Agency to the San Bernardino Redevelopment Agency Authorizing the Execution of a Consultant Services Agreement Between Urban Futures Incorporated and the City Acting as the Successor Agency to the San Bernardino Redevelopment Agency for Consultant Services. Financial Impact: Account Numbers: 710—Successor Agency Retirement Obligation Fund Total Amount Not to Exceed: $160,000 Please note this balance does not indicate available funding. It does not include non-encumbered Re-occurring expenses or expenses incurred, but not yet processed. Motion: Adopt the Resolution. Synopsis of Previous Council Action: C None. Background: Urban Futures Incorporated(UFI)is a full-service consulting firm serving public agencies solely in the State of California. Financial services of UFI are needed as a result of current economic conditions, the delayed budget process, the delayed completion of the audit, implementation of the new financial software solution, ABXI 26 wind-down of the RDA/EDA and property assessment valuation determination. In addition to consulting related to ABXI 26 Wind-down and other related matters, UFI will be expected to provide full annual disclosure reporting for the Successor Agency's outstanding bond transactions as required by the Securities Exchange Commission's Rule 15c2-12 and in accordance with the specific disclosure reporting requirements detailed in each respective bond transcript. Specifically,UFI will: 1. Collect the necessary financial and statistical information necessary from Successor Agency staff, auditors or any other source as required. 2. Transmit the annual report for each bond transaction listed below to the Municipal Securities Rulemaking Board's (MSRB)nationally recognized data repository known as EMMA. City Attorney Review: Supporting Documents: agrmt 2048 (PDF) reso 2048 (PDF) O Updated: 10/11/2012 by Georgeann"Gigi"Hanna A e- AGREEMENT FOR CONTINUING DISCLOSURE & CONSULTING SERVICES BETWEEN THE CITY OF SAN BERNARDINO ACTING AS THE SUCCESSOR AGENCY TO THE SAN BERNARDINO REDEVELOPMENT AGENCY AND URBAN z FUTURES. INC. Y This Agreement is made and entered into this 1 day of October 2012, by and between the City of San Bernardino, acting in its capacity as Successor Agency to the 0 San Bernardino Redevelopment Agency hereinafter referred to as "SUCCESSOR c AGENCY", and Urban Futures, Inc., an independent contractor, hereinafter referred to as "CONSULTANT". N d RECITALS 1z LL WHEREAS, SUCCESSOR AGENCY requires on-going Continuing Disclosure Services (hereinafter referred to as "services"); and, t WHEREAS, the CONSULTANT represents that it is qualified and experienced to 3 provide such services; and E NOW, THEREFORE, for and in consideration of the mutual promises, covenants and conditions herein contained, SUCCESSOR AGENCY and CONSULTANT hereby o� agree as follows: .N ARTICLE I r SCOPE OF SERVICES, TERM a' T V 1.1 General Scope of Services. d CM a CONSULTANT shall provide services to SUCCESSOR AGENCY. Services shall 0 be completed in accordance with the annual reporting requirements as outlined in the d Official Statements of the respective bond issues, but not be limited to, all other duties and responsibilities as set forth in the Scope of Work attached hereto as Exhibit "A", and incorporated herein by this reference. v 0 N 1.2 Non-Exclusive Agreement. co 0 CONSULTANT acknowledges that SUCCESSOR AGENCY may enter into E agreements similar to this Agreement with other consultants rn 1.3 Term. d E r The initial term of this Agreement shall begin on October 1, 2012, and continue for five years until September 30, 2017 (the "Expiration Date"). The term of the a agreement may be extended at SUCCESSOR AGENCY'S discretion for one year 1 Packet Pg.707. S.A.a . periods until SUCCESSOR AGENCY determines that services are no longer necessary and the contract is terminated pursuant to the provisions in Article V of this Agreement. N d V ARTICLE II is d RESPONSIBILITIES OF CONSULTANT )cm r V 2.1 Control and Payment of Subordinates. N c 0 SUCCESSOR AGENCY retains CONSULTANT to provide services. Any staff o provided by CONSULTANT will not be considered employees of SUCCESSOR AGENCY. CONSULTANT shall pay all wages, salaries, and other amounts due such personnel in connection with their performance of services under this Agreement and as d required by law. CONSULTANT shall be responsible for all reports and obligations with respect to such personnel, including, but not limited to social security taxes, income tax LL withholding, unemployment insurance, and workers' compensation insurance. n L 2.2 Conformance to Applicable Requirements. t 3 All services or work product provided by CONSULTANT shall be subject to the v approval of SUCCESSOR AGENCY. E d d L 2.3 Standard of Care: Licenses. a m E All professional services to be provided by CONSULTANT pursuant to this Agreement shall be provided by personnel experienced in their respective fields and in a manner consistent with the standards of care, diligence and skill ordinarily exercised < by professional consultants in similar circumstances in accordance with sound professional practices. CONSULTANT represents and warrants to SUCCESSOR d AGENCY that it has all licenses, permits, qualifications and approvals that are legally a required to practice its profession and to provide the services hereunder. CONSULTANT further represents and warrants that it shall keep in effect all such licenses, permits, and other approvals during the term of this Agreement. 2.4 Project Representatives. CO v 0 N_ The SUCCESSOR AGENCY or its designee shall be the Project Representative o0 of SUCCESSOR AGENCY for purposes of this Agreement and may issue all consents, N approvals, directives and agreement on behalf of SUCCESSOR AGENCY, called for by this Agreement except as otherwise expressly provided in this Agreement. The engagement partner assigned by CONSULTANT shall act as Project Representative for CONSULTANT and shall provide management oversight of CONSULTANT employees at all times. CONSULTANT shall make best efforts to provide continuity of staff to E SUCCESSOR AGENCY each year which this agreement is in effect. SUCCESSOR AGENCY retains the right to interview and approve CONSULTANT staff assigned to a SUCCESSOR AGENCY prior to the start of work. 2 Packet Pg 708 2.5 Accounting Records. N CONSULTANT shall maintain complete and accurate records with respect to costs and expenses incurred in the performance of this Agreement. All such records d shall be clearly identifiable as being associated with this Agreement. CONSULTANT shall allow an authorized representative of SUCCESSOR AGENCY, during normal Y business hours, to examine, audit, and make transcripts of copies of such records. N CONSULTANT shall allow SUCCESSOR AGENCY to inspect all work, data, o documents, proceedings, and activities related to this Agreement for a period of three c (3) years from the date of final payment (or completion of work) under this Agreement. ci ARTICLE III COMPENSATION 5 3.1 Compensation. n Except as provided in this section, CONSULTANT shall receive compensation r for all services rendered under this Agreement at the rates set forth in the schedule of 3 Compensation Rates and Charges attached hereto as Exhibit "B", and incorporated herein by reference. Total compensation shall not exceed the $160,000.00 without E written approval of the SUCCESSOR AGENCY. Assigned CONSULTANT staff shall 0 not receive compensation for any services provided outside the Scope of Work unless a such additional services (hereinafter "Additional Work") are approved in writing by SUCCESSOR AGENCY prior to CONSULTANT'S staff performing the Additional Work. 0 r 3.2 Payment of Compensation. a T CONSULTANT shall provide SUCCESSOR AGENCY an annual invoice that d indicates the annual reports completed by bond issue by CONSULTANT, from the start a of each billing period, as appropriate, through the date of the statement. SUCCESSOR N AGENCY shall make any payment due within thirty (30) days after approval of the v invoice by SUCCESSOR AGENCY. $ N 3.3 Additional Work. ;; e 0 At any time during the term of this Agreement, SUCCESSOR AGENCY may request the CONSULTANT perform Additional Work. As used herein, "Additional Work" N means any work that is determined by SUCCESSOR AGENCY to be necessary for the proper completion of the Project, but which the parties did not reasonably anticipate would be necessary at the execution of this Agreement. CONSULTANT shall not R perform Additional Work until receiving prior written authorization from SUCCESSOR d AGENCY. It is specifically understood and agreed that oral requests and/or approvals r of Additional Work shall be barred and are unenforceable. Additional Work shall be billed by CONSULTANT to SUCCESSOR AGENCY at rates consistent with the a schedule for Additional Work included in Exhibit B. 3 Packet Pg:709 3.4 Amendment of Scope of Work N SUCCESSOR AGENCY shall have the right to amend the Scope of Work within the Agreement by written notification to CONSULTANT. In such event, the y compensation and time of performance shall be subject to renegotiation upon written t demand of either party to the Agreement. Failure of CONSULTANT to secure E SUCCESSOR AGENCY'S written authorization for Additional Work or changed work shall constitute a waiver of any and all right to adjustment in the contract price or time 0 due, whether by way of compensation, restitution, quantum meruit, etc. for work done L without the appropriate SUCCESSOR AGENCY authorization. ° d c 3.5 Reimbursement for Expenses N d CONSULTANT shall not be reimbursed for any expenses unless prior written LL authorization is obtained from SUCCESSOR AGENCY. L L w ARTICLE IV 3 INDEMNIFICATION AND INSURANCE E 4.1 Insurance Requirements m CONSULTANT shall obtain, at its sole cost and expense and keep in force E throughout the term of the Agreement, the following insurance coverage: 0 r 1. MINIMUM SCOPE INSURANCE: Coverage shall be at least as broad a' as: ,, a. Commercial General Liability coverage (occurrence policy). d b. Automobile Liability (any automobile). a c. Workers' Compensation insurance as required by the State of y California and Employer's Liability Insurance. d d. Errors and Omissions Liability Insurance appropriate to the consultant's profession. Architects' and Engineers' N coverage shall be endorsed to include contractual liability v (if applicable). o co N 2. MINIMUM LIMITS OF INSURANCE: CONSULTANT shall maintain limits $ no less than: E Im L a. General Liability: $1,000,000 per occurrence for bodily injury, personal injury and property damage. If Commercial General Liability Insurance or d other form with a general aggregate limit shall apply separately to this E project/location or the general aggregate limit shall be twice the required occurrence limit. a 4 Packet Pg.,710 $.A.a b. Automobile Liability: $1,000,000 per accident for bodily injury and property damage. N c. Employer's Liability: $1,000,000 per accident for bodily injury or disease. Z m v, e. Errors and Omissions Liability: $1,000,000 per occurrence. 4.2. Deductibles and Self-insured Retentions c U 0 Any deductibles or self-insured retentions must be declared to and approved by w SUCCESSOR AGENCY. At the option of SUCCESSOR AGENCY, either: c CONSULTANT'S insurer shall reduce or eliminate such deductibles or self-insured v retentions with respect to SUCCESSOR AGENCY, its officers, elected and appointed 3 officials, employees, agents and volunteers; or CONSULTANT shall provide a financial LL guarantee satisfactory to SUCCESSOR AGENCY guaranteeing payment of losses and o related investigations, claims administration and defense expense. L 4.3 Other Insurance Provisions. The general liability and automobile liability policies are to contain, or be v endorsed to contain, the following provisions: m a a. SUCCESSOR AGENCY, its officers, elected and appointed officials, c employees, agents and volunteers are to be covered as additional insured with respect to liability arising out of automobiles owned, leased, hired or borrowed by :5 or on behalf of CONSULTANT; and with respect to liability arising out of work or a' operations performed by or on behalf of CONSULTANT including materials, parts or equipment furnished in connections with such work or operations. Coverage shall not extend to any indemnity coverage for the active negligence of a the additional insured in any case where an agreement to indemnify the additional insured would be invalid under Civil Code S 27882(b). General liability coverage can be provided in the form of an endorsement to CONSULTANT'S insurance, or as a separate owner's policy. m �o b. For any claims related to this project, CONSULTANT'S insurance coverage N shall be primary insurance as respects to SUCCESSOR AGENCY, its officers, officials, employees, agents and volunteers. Any insurance or self-insurance N maintained by SUCCESSOR AGENCY, its officers, officials, employees, agents E or volunteers shall be excess to CONSULTANT'S insurance and shall not contribute with it. 0 Y C d c. Each insurance policy required by this clause shall be endorsed to state that r SUCCESSOR AGENCY shall receive no less than thirty (30) days prior written notice of cancellation of any policies of insurance required hereunder. a 5 Packet`Pg.711 8.A.a 4.4. Acceptability of Insurers Insurance is to be placed with insurers with current A.M. Best's rating of no less d than B+. u 2 4.5. Verification of Coverage. w m C CONSULTANT shall furnish SUCCESSOR AGENCY with original certificates and amendatory endorsements effecting coverage required by SUCCESSOR AGENCY. All certificates and endorsements are to be received and approved by `o SUCCESSOR AGENCY before work commences. SUCCESSOR AGENCY reserves the right to require complete, certified copies of all required insurance policies, including endorsements affecting the coverage required by these specifications at any time. 0 4.6. Subcontractors: LL CONSULTANT shall include all subcontractors as insured under its policies or shall furnish separate certificates and endorsements for each subcontractor. All r coverage for subcontractors shall be subject to all of the requirements stated herein. 3 c 4.7. Indemnification and Hold Harmless. E d CONSULTANT shall defend, indemnify, hold free and harmless SUCCESSOR a AGENCY, its officers, elected and appointed officials, employees, agents and E volunteers from and against any and all damages to property or injuries to or death of any person or persons, and shall defend, indemnify, save and hold harmless L SUCCESSOR AGENCY, its officers, elected and appointed officials, employees, agents a' and volunteers from any and all claims, demands, suits, actions or proceedings of any kind or nature, including, but not by way of limitation, all civil claims, workers' d compensation claims, and all other claims resulting from or arising out of the acts, errors a or omissions of CONSULTANT, its employees and/or authorized subcontractors, N whether intentional or negligent, in the performance of this Agreement. v v v SUCCESSOR AGENCY shall defend, indemnify, hold free and harmless CONSULTANT, its officers, officials, employees, agents and volunteers from and a against any and all damages to property or injuries to or death of any person or N persons, and shall defend, indemnify, save and hold harmless CONSULTANT, its v officers, officials, employees, agents and volunteers from any and all claims, demands, N suits, actions or proceedings of any kind or nature, including, but not by way of E limitation, all civil claims, workers' compensation claims, and all other claims resulting from or arising out of the acts, errors or omissions of SUCCESSOR AGENCY, its ; employees and/or authorized subcontractors, whether intentional or negligent, in the d performance of this Agreement. E a 6 Packet Pg.712 4.8 Additional Insurance. Further, CONSULTANT shall obtain any additional kinds and amounts of insurance which, in its own judgment, may be necessary for the proper protection of any z of its officers', employees', or authorized subcontractors' own actions during the N performance of this Agreement. m ARTICLE V y TERMINATION `o U 5.1 Notice of Termination. w d SUCCESSOR AGENCY may terminate the whole or any part of this Agreement at any time and without cause by giving sixty (60) days written notice to CONSULTANT of such termination, and specifying the effective date thereof. CONSULTANT shall LL discontinue all services affected by such termination within thirty (30) days of receipt of a such notice, unless otherwise instructed by SUCCESSOR AGENCY in writing. CONSULTANT may terminate this agreement by giving the SUCCESSOR AGENCY w sixty (60) days written notice. 3 1= 5.2 Termination Without Cause. E d If SUCCESSOR AGENCY terminates this Agreement without cause, a CONSULTANT shall be paid for services performed through the date of termination, upon receipt of written documentation of said services by SUCCESSOR AGENCY. CONSULTANT shall be paid within sixty (60) days of SUCCESSOR AGENCY'S receipt o of CONSULTANT'S invoice. Such payment shall include a pro-rated amount of profit, if 4 applicable, but no amount shall be paid for anticipated profit on unperformed services. 5.2 Termination for Cause. a L Should CONSULTANT default in the performance of any covenant, condition, or agreement contained in this Agreement and the default is not cured within thirty (30) days after written notice of the default is served on CONSULTANT by SUCCESSOR AGENCY, then SUCCESSOR AGENCY, in addition to any other remedies at law or e equity, may terminate this Agreement. CONSULTANT shall be compensated for services that have been completed and accepted by SUCCESSOR AGENCY. v CONSULTANT shall be liable to SUCCESSOR AGENCY for any reasonable additional ° costs incurred to correct or cure unsatisfactory work performed by CONSULTANT that, E at SUCCESSOR AGENCY'S discretion, must be revised, in part or in whole, to complete the Project, c v E r V R Q 7 Packet Pg.:713 8Aa 5.4 Procurement of Similar Services. In the event this Agreement is terminated as provided by this Article, with or i without cause, in whole or in part, SUCCESSOR AGENCY may procure, any and all Z services as may be necessary to complete the Project. it U) 5.5 Work Product. 5 _Y N Upon termination of this Agreement, SUCCESSOR AGENCY may require o CONSULTANT to provide all finished or unfinished documents, data, studies, drawings, reports, etc., prepared by the CONSULTANT'S assigned staff in performance of this ~° Agreement. N d ARTICLE VI GENERAL PROVISIONS U. A 6.1 Notices. .2 r All notices and written communications sent by one party to the other shall be 3 personally delivered or sent by registered or certified U.S. Mail postage prepaid, return receipt requested to the following addresses indicated below: E tMd d IF TO SUCCESSOR AGENCY: Director of Finance City of San Bernardino 300 North D Street .? San Bernardino CA 92418 r TO CONSULTANT: Michael P. Busch, President Cc: Ed Monaco, Analyst d Urban Futures, Inc. a 3111 N. Tustin Avenue, Suite 230 Orange, CA 92865 U V The effective date of any notice or written communications sent by one party to �? the other shall be the date received if by personal service, or 48 hours after deposit in v the U.S. Mail as reflected by the official U.S. postmark. $ 6.2 Entire Agreement. o N This Agreement contains the entire Agreement of the parties with respect to the m subject matter hereof, and supersedes all prior negotiations, understandings, or agreement whether verbal or written, concerning the same subject matter. This Agreement may be modified in writing and must be signed by both parties. E v m Q 8 Packet Pg.714 , 6.3 Successors and Assigns This Agreement shall be binding on the successors and assigns of the parties. This Agreement may not be sold, transferred or assigned by either party, or by ° operation of law, to any other person or persons or business entity, without the other it party's written permission. Any such sale, transfer or assignment, or attempted sale, o, transfer or assignment without written permission, may be deemed by the other party to r constitute a voluntary termination of this Agreement and this Agreement shall thereafter be deemed terminated and void. g U 6.4 Subcontracts. w ci C CONSULTANT shall not subcontract any portion of the work required by this Agreement without prior written approval of SUCCESSOR AGENCY. All approved Z subcontracts, if any, shall be accomplished by a written instrument. Such instrument LL shall contain an expressed assumption by the subcontractor of all conditions and terms and covenants contained in this Agreement. r 6.5 Equal Opportunity Employment.3 Y C CONSULTANT represents that it is an equal opportunity employer and shall not E discriminate either directly or indirectly against an employee or applicant for employment with CONSULTANT on the basis of race, color, religion, national origin, a tM ancestry, sexual preference, sex or age. CONSULTANT shall also take affirmative steps to ensure that applicants are employed and employees are treated during o employment without regard to race, color, religion, national origin, ancestry, sexual r preference, sex, age, or other prohibited grounds. a T 6.6 Attorney's Fees. d a. a In the event that litigation is brought by any party in connection with this `o Agreement, the prevailing party shall be entitled to recover from the opposing party all d costs and expenses, including reasonable attorneys' fees, incurred by the prevailing party in the exercise of any of its rights or remedies hereunder or the enforcement of any of the terms, conditions, or provisions hereof. The costs, salary and expenses of the City Attorney and members of his office in enforcing this contract on behalf of the CITY $ shall be considered as "attorneys' fees" for the purposes of this Agreement. a 0 6.7 Governing Law. E This Agreement shall be governed by and construed under the laws of the State of California without giving effect to that body of laws pertaining to conflict of laws. In d the event of any legal action to enforce or interpret this Agreement, the parties hereto agree that the sole and exclusive venue shall be a court of competent jurisdiction located in San Bernardino County, California. a 9 Packet Pg.715 6.8 Time of Essence. Time is of the essence for each and every provision of this Agreement. U .l 6.9 Right to Employ Other Consultants.rn o. SUCCESSOR AGENCY reserves the right to employ other consultants in connection with this Project. o U 6.10 Covenant Against Contingent Fees.w CONSULTANT warrants that he/she/it has not employed or retained any d company or person, other than a bona fide employee working with CONSULTANT, to solicit or secure this Agreement, and that he/she/it has not paid or agreed to pay any U. company or person, other than a bona fide employee, any fee, commission, percentage, cc brokerage fee, gift, or any other consideration, contingent upon or resulting from the award or making of this Agreement. For breach or violation of this warranty, SUCCESSOR AGENCY shall have the right to annul this Agreement without liability or, 3 in its discretion to deduct from CONSULTANT'S compensation provided under this d Agreement, or otherwise recover, the full amount of such fee, commission, percentage, d brokerage fee, gift, or contingent fee. u o, a 6.11 Conflict of Interest. m c N CONSULTANT covenants that he/she/it presently has no interest and shall not acquire any interest, direct or indirect, which would conflict in any manner or degree a' with the performance of its services hereunder. CONSULTANT further covenants that in the performance of this Agreement, CONSULTANT shall not employ any person d having any such conflict of interest. a 0 6.12 Statement of Economic Interest. H d v If SUCCESSOR AGENCY determines CONSULTANT comes within the definition of CONSULTANT under the Political Reform Act (Government Code §87100 0 et. seq.), CONSULTANT shall complete and file and shall require any other person doing work under this Agreement, to complete and file a "Statement of Economic 00 Interest" with the City Clerk of the SUCCESSOR AGENCY disclosing CONSULTANT N and/or such other person's financial interests. E 6.13 No Waiver of Breach: Time.@ No waiver of any provision of this Agreement shall be effective unless in writing and signed by a duly authorized representative of the party against whom enforcement z of a waiver is sought referring expressly to this Paragraph. The waiver of any right or a remedy in respect to any occurrence or event shall not be deemed a waiver of any right 10 Packet Pg.716 or remedy in respect to any other occurrence or event, nor shall any waiver constitute a continuing waiver. y d u 6.14 Third Party Beneficiaries, it d w Nothing contained in this Agreement shall be construed to create and the parties do not intend to create any rights in third parties. 'a r 6.15 Taxes. ci 0 w CONSULTANT agrees to file tax returns and pay all applicable taxes on amounts paid pursuant to this Agreement and shall be solely liable and responsible to pay such d taxes and other obligations, including, but not limited to, state and federal income and z FICA taxes. CONSULTANT agrees to indemnify and hold SUCCESSOR AGENCY a' harmless from any liability which it may incur to the United States or to the State of California as a consequence of CONSULTANT'S failure to pay, when due, all such taxes and obligations. r 3 6.16 Compliance With Law. 1= d E i CONSULTANT shall comply with applicable federal, state and local laws, rules and regulations affecting the CONSULTANT and his/her/its work hereunder. a m 6.17 Title to Documents. N 0 Title to all plans, specifications, maps, estimates, reports, manuscripts, drawings, a descriptions and other final work products compiled by CONSULTANT under the a Agreement shall be vested in CONSULTANT, none of which shall be used in any d manner whatsoever, by any person, firm, corporation, or agency without the expressed a written consent of SUCCESSOR AGENCY. Basic survey notes and sketches, charts, `o computations, and other data prepared or obtained under the Agreement shall be made d available, upon request, to SUCCESSOR AGENCY without restriction or limitations on their use. CONSULTANT will retain copies of the above described information but N agrees not to disclose or discuss any information gathered, discussed or generated in any way through this Agreement without the written permission of SUCCESSOR N AGENCY during the term of this Agreement or until ninety (90) days after receipt of final co payment from SUCCESSOR AGENCY. o N 6.18 Validity. E rn R The validity in whole or in part of any provision of this Agreement shall not void or d affect the validity of any other provisions of this Agreement. E u A w a 11 Packet Pg.717 a.A.a is 6.19 Headings. Section and subsection headings are not to be considered part of this Agreement, are included solely for convenience, and are not intended to modify or explain or to be a full or accurate description of the content thereof. s' d N 6.20 Counterparts. 3 This Agreement may be executed in one or more counterparts by the parties o hereto. All counterparts shall be construed together and shall constitute one agreement. w 6.21 Corporate Authority. y d L The persons executing this Agreement on behalf of the Parties hereto warrant LL that they are duly authorized to execute this Agreement on behalf of said Parties and C that by doing so; the Parties hereto are formally bound to the provision of this ' Agreement. L 3 c d E d L a rn N .L O L_ 7 Q T V C d N a L O N f/1 d V V 7 N CO a O N_ O V O N E L A C d E L V A Q 12 Packet,Pg.718 AGREEMENT FOR CONTINUING DISCLOSURE & CONSULTING SERVICES BETWEEN THE CITY OF SAN BERNARDINO ACTING AS THE SUCCESSOR AGENCY TO THE SAN BERNARDINO REDEVELOPMENT AGENCY AND URBAN Z FUTURES. INC. rn m IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be N executed the date and year first above written. 0 U O Dated: , 2012 CONSULTANT v C N d By: � Michael Busch m a Z Dated 2012 CITY OF SAN BERNARDINO ACTING AS ; SUCCESSOR AGENCY E d By: rn City Manager N O Approved as to Form: James F. Penman, City Attorney Q T V C d By: Q O N N d U V 7 W a O N O O N E m m C d E L U R w r Q 13 Packef•Pg.719 S.A.a . EXHIBIT "A" SCOPE OF WORK N Urban Futures Incorporated (UFI) is a full-service consulting firm serving public agencies solely U in the State of California. Financial services of UFI are needed as a result of current economic it conditions, the delayed budget process, the delayed completion of the audit, implementation of m the new financial software solution, ABX1 26 wind-down of the RDA/EDA and property c assessment valuation determination. - N Also, the CONSULTANT will be expected to provide full annual disclosure reporting for the 0 0 SUCCESSOR AGENCY'S outstanding bond transactions as required by the Securities ` Exchange Commission's Rule 15c2-12 and in accordance with the specific disclosure reporting requirements detailed in each respective bond transcript. Specifically, CONSULTANT will: N 1. Collect the necessary financial and statistical information necessary from SUCCESSOR AGENCY staff, auditors or any other source as required. 2. Transmit the annual report for each bond transaction listed below to the Municipal LL c Securities Rulemaking Board's (MSRB) nationally recognized data repository known as 9 EMMA. r Y 3 Contract dated October 1,2012 Year 1 Years 2 to 5 Total m Disclosure Services (see Exhibit A m below for more detail) 17,000.00 68,000.00 85,000.00 Q rn c ABX126 and AB1484 Analysis and N Consulting 75,000.00 0 75,000.00 Q T V 92,000.00 68,000.00 160,000.00 rn Q L N N d V V 7 fp co V O N_ Go V O N r E m m c m E t v w Q 14 Packet Pg.720 The CONSULTANT will provide services as described in this agreement for the following bond w transactions: v SUCCESSOR AGENCY FOR THE FORMER CITY OF SAN OERNARDINO EOA/RDA N DISCLOSURE FEES t77 LXHIBIT A COST AMOUNT N C BOND ISSUE YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 0 U s27590,p99 c San BemeNem Joirt Pavers Fviarcup AUfarty U Tax ABOCarbri Rdund'np Bornk,Seas 1898,0 1,500.00 1,500.00 1,500.00 11500.00 1,500,00 C N sa59B,w.n y San Be Nadm Joint Power r*mminp Arthorty 7 S000n'b Tex A atnnRfordngBOr ,,Seas 19988 1,500.00 1,500.00 11S00.00 1,500.00 1,500.00 LL C 3363$000 � San eemardno JarR Pavers Financu19 Alt my Tax Aeocation Bonds Seas 2002A 1,500.00 1,5 .00 1,500.00 1,500.00 1,500.00 t s3D,33B.DBD •3 San Senor but Pavers FiiaacM Athonty C 2002 Tex Alixdan ReNndirq Benda 1,500.00 1,500.00 1,SD0.00 1,500.00 1,500,00 N E d .SSS,BJO,IX10 San SemeWtw Jout Pavers Fin.,AVhNnJy i m 7es AMOntbn Revenue Rdundnp BOrMS,Seas2005A 1,500.00 1,500,00 11500.00 1,500.00 1,500.00 a C $21,105,000 .N San Ba=6 Jart Poo A5neacig Adherty •� Tax AS"IM R"we Refund' Bonds Seas 20058 C n9 1,500.00 1,500.00 1,500.00 1,500,00 1,500.00 t 7 528.665,000 a San BenwHeru Jout Pawls Finaming AdhodFy T Tex AMocatbn Bonds(20%SW Aslde) V C T.W.Seas 2'108 1,50100 1,500.00 1,500.00 1,500,00 11500.00 a 5$220,000 C San Berrrrdio birt Powers Finar g Aahorty N Tax A#—I—Bmmis Sea N s 20108 0) WD01v9st RBditVWPNmed Project Area) 1,500.00 1,500.00 1150000 115DOm 1,500.00 V 7 37,065,OGtl N San Bd Afiho Jo NY PW"Financing Aulbody Tev ANocatlon Bonds Series 2010A C (4"'Shed COrriWrProjoc0 1,500.00 1,500.00 1,500.00 11500.00 1,500.00 `04 Do 13,500.00 13,500.00 13,500.00 13$00.00 13,500,00 p N Additional fws 3,500.00 3,500.00 3,500.00 3,500,00 3,500.00 Total 11,000.00 1,000.00 11,000.00 17,000,00 17,000.00 10 w Grand Total C E Services for future bond transactions may be added to this project with the mutual agreement of =° the SUCCESSOR AGENCY and the CONSULTANT. a 15 Packet Pg.]21 CEXHIBIT "B" COMPENSATION RATES AND CHARGES N d One Time Set up Fee (database set-up).........................................................waived Z m N Dissemination of Reports......................................................Included in annual fee Online Publication of Reports.................................................Included in annual fee 0 U Significant Event Notice Preparation.........................................Included in annual fee `o w u Preparation of Annual Disclosure Report as stated below(annual fee per issue to satisfy all requirements): LL LL $27,590,000 r San Bernardino Joint Powers Financing Authority Tax Allocation Refunding Bonds, Series 1998A. .......................... . ...................................$1,500(annualfee) r $8,590,000 3 San Bernardino Joint Powers Financing Authority c CD Subordinated Tax Allocation Refunding Bonds, Series 1998B.................................................$1,500(annual fee) E W $3,635,000 San Bernardino Joint Powers Financing Authority c Tax Allocation Bonds, Series 2002A..................................................................................$1,500(annual fee) c $30,330,000 N San Bernardino Joint Powers Financing Authority 0 2002 Tax Allocation Refunding Bonds................................................................................$1,500(annual fee) 0 $55,800,000 T U San Bernardino Joint Powers Financing Authority Tax Allocation Revenue Refunding Bonds,Series 2005A.. ............... ...... . ................$1,500(annual fee) Q $21,105,000 0 N San Bernardino Joint Powers Financing Authority to Q Tax Allocation Revenue Refunding Bonds Series 2005B........................................................$1,500(annual fee) $28,665,000 u) San Bernardino Joint Powers Financing Authority co Tax Allocation Bonds(20%Set Aside) o Taxable Series 2006........................................... ..............................$1,500(annual fee) 0 $3,220,000 v 0 San Bernardino Joint Powers Financing Authority w Tax Allocation Bonds Series 2010B E (Northwest Redevelopment Project Area)...........................................................................$1,500(annual fee) m $7,065,000 c San Bernardino Joint Powers Financing Authority m Tax Allocation Bonds Series 2010A E r (4"Street Corridor Project)..............................................................................................$1,500(annualfee) Q 16 Packet ft.722„„ Additional Work Hourty Fee Structure for Additional Work: N Principals: $225.00 Senior Staff. $160.00 Associate Staff. $125.00 rn Assistant Level: $75.00 � 3 N C O U L O W V C N d L LL LL C N a L r 3 Y C d E m a a m N 0 O r Q T U C N Ol Q L O N N d U U 7 fA at O N O V O N E L 07 w C d E U U A a 17 PacketOg.723 RESOLUTION NO. 1 2 a RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE 3 CITY OF SAN BERNARDINO ACTING AS THE SUCCESSOR AGENCY Z TO THE SAN BERNARDINO REDEVELOPMENT AGENCY 4 AUTHORIZING THE EXECUTION OF AN CONSULTANT SERVICES c AGREEMENT BETWEEN URBAN FUTURES INCORPORATED AND 5 THE CITY ACTING AS THE SUCCESSOR AGENCY TO THE SAN `o BERNARDINO REDEVELOPMENT AGENCY FOR CONSULTANT 6 SERVICES. o d 7 C NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AN � 8 � COMMON COUNCIL OF THE CITY OF SAN BERNARDINO ACTING AS TH 2 9 C SUCCESSOR AGENCY TO THE SAN BERNARDINO REDEVELOPMENT AGENC 10 L AS FOLLOWS: .. .3 11 � v E 12 SECTION 1. The Acting City Manager of the Successor Agency to the San Bernardino rn 13 Redevelopment Agency is hereby authorized and directed to execute on behalf of said 14 Successor Agency a Consulting Services Agreement between Urban Futures Incorporated (UFI) r 15 and the Successor Agency to the San Bernardino Redevelopment Agency for consultant services, a U 16 a copy of which is attached hereto marked Exhibit "A" and incorporated herein by reference as d rn Q 17 fully as though set forth at length. g N N d 18 SECTION 2. The Purchasing Manager is hereby authorized to issue a Purchase Order to rn 19 Urban Futures Incorporated for consultant services for a total amount not to exceed$160,000. 00 a 20 SECTION 3. The authorization granted hereunder shall expire and be void and of no co 21 further effect if the agreement is not executed by both parties and returned to the Office of the o 22 aN City Clerk within sixty(60) days following the effective date of the Resolution. 23 a� E r 24 m 25 C:\Documents and settingsygrideALocal 1 senings\remp\MinuteTmq\sanbemardinocityca @s an bernardinocityca.IQM2.com\Work\Attachments\374] Packet Pg.724 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE 1 CITY OF SAN BERNARDINO ACTING AS THE SUCCESSOR AGENCY 2 TO THE SAN BERNARDINO REDEVELOPMENT AGENCY ^w AUTHORIZING THE EXECUTION OF AN CONSULTANT SERVICES 3 AGREEMENT BETWEEN URBAN FUTURES INCORPORATED AND d THE CITY ACTING AS THE SUCCESSOR AGENCY TO THE SAN ca 4 BERNARDINO REDEVELOPMENT AGENCY FOR CONSULTANT SERVICES. 5 c U 6 I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Mayor an o ti 7 Common Council of the City of San Bernardino at a meeting thereof, hel -S N 8 on the day of 2012,by the following vote, to wit: � V LL Council Members: Aves Nays Abstain Absent c 9 MARQUEZ 10. r JENKINS 11 VALDIVIA aci — E 12 SHORETT v 13 KELLEY rn 14 JOHNSON o 0 15 MC CAMMACK a — T v 16 c d of Q 17 Georgeann Hanna, City Clerk `o City of San Bernardino 0 18 u u 19 The foregoing Resolution is hereby approved this day of rn 2012. v 20 N co q 21 Patrick J. Morris, Mayor City of San Bernardino 0 22 Approved as to Form: 23 B y YYY L 24 James F. Penman, City Attorney y a 25 2 CADocuments and Settings\jgrider\Local settings\TempWinuteTraq\sanbemardinocityca(�,)sanbemardinocityca.IQM2.com\WorkWttachments\374 "'Packet Pg 725