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HomeMy WebLinkAboutMINUTES - 07202004 - HA.2 HOUSING Amo mry of rHE couNTy OF CONTRA COSTA TO: BOARD OF COMMISSIONERS FROM: Robert McEwan, Executive Director DATE: July 20, 2004 SUBJECT: APPROVE THE PROPERTY MANAGEMENT SERVICE AGREEMENT BETWEEN EAH, INC. AND THE HOUSING AUTHORITY SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION 1, RECOMMENDED ACTION: APPROVE the attached Property Management Services Agreement between EAH, Inc. and the Housing Authority, and AUTHORIZE the Executive Director to execute the agreement. 11. FINANCIAL IMPACT: Approval of the recommended action will result in a cost of$50,400 for the marketing and lease-up of the De Anza Gardens by December 31, 2004; and, $02,484 annually beginning January 1, 2005 from the Housing Authority's De Anza Gardens (De Anza) Development and Operation Funds. There is no cost to the County General Fund, Ill. REASONS FOR RECOMMENDATION/BACKGROUND In December 2003 the Housing Authority solicited proposals from various property management companies for the marketing, lease-up and property management operations for the new De Anza Gardens Apartments in Bay Point. Of the seven companies competing for the contract, EAH Inc., a non--profit property management corporation, was determined to be the highest ranked firm. The attached service agreement is a result of lengthy negotiations to ensure compliance with Tax Credit Allocation Committee reporting requirements and sound property management, marketing and operations best practices. IV, CONSEQUENCES OF NEGATIVE ACTION: Should the Board of Commissioners elect not to approve this property management services agreement the Housing Authority will not be able to properly market and manage De Anza given its current staffing level, E, N+0 4RQ6QN ATTACHMENT: ALYES SIGNATURE_,., 5� RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON APPROVED AS RECOMMENDED VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A UNANIMOUS (ABSENT '? ) TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON THE ABSENT": ABSTAIN: MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. ATTESTED ,±`—c �e�`' ` JOHNSWEETEN,CLERIC OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR BY DEPUTY H:\IudyHayes\MSOFFICE\WINWORD\BOARD\DeAnza Gardens EAH Contract.doe �'