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TO: REDEVELOPMENT AGENCY � --�°�' Contra
FROM: JOHN CULLEN 's Costa
EXECUTIVE DIRECTOR
= -
DATE: November 14, 2006 County
ST'4 COUTZ�
SUBJECT: Retention for Financial and/or Real Estate Consulting Services
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDATION:
APPROVE and AUTHORIZE the Redevelopment Director to execute a contract amendment
with Keyser Marston Associates, Inc., effective November 14, 2006, to increase the payment
limit by $19,500 to an amount not to exceed $43,500, to provide Financial/Real Estate
Consulting Services related to the developer selection/property disposition process for
1250 Las Juntas Way, Contra Costa Centre area.
FINANCIAL IMPACT:
The Agency has budgeted funds to cover contract costs.
BACKGROUND:
The Consultant has been retained to assist the Agency in the review of responses to the
proposal phase of the solicitation process for the 1250 Las Juntas Way Project. Additional
services will include 1) conclude developer selection process, 2) assist in DDA negotiations and
review documentation, 3) prepare 33433 report and reuse valuation and 4) prepare
development pro formas and financing schedules. �o
CONTINUED ON ATTACHMENT: ❑ NO SIGNATURE:
[�RECOMMENDATION OF EXECUTIVE DIRECTOR El O MENDATIO F AGENCY COMMI EE
[Q-APPROVE ❑ OTHER
SIGNATURE(S).
ACTION OFA EWCY ON /
APPROVED AS RECOMMENDED ❑ OTHER ❑ ^
VOTE OF SUPERVISORS: I HEREBY CERTIFY THAT THIS IS A TRUE AND
CORRECT COPY OF AN ACTION TAKEN AND
XUNANIMOUS(ABSENT _ ) ENTERED ON THE MINUTES OF THE
AYES: NOES: REDEVELOPMENT AGENCY ON THE DATE
SHOWN.
ABSENT: ABSTAIN:
ATTESTED
Contact: Jim Kennedy (335-7225)
JOHN CULLEN,AGENCY SECRETARY
cc: CAO
County Counsel
Redevelopment Agency
Via Redevelopment Agency By: eputy
Keyser Marston Associates, Inc.