HomeMy WebLinkAboutR29080A-C - RDA Consulting Svcs FY 09-10PALM DESERT REDEVELOPMENT AGENCY
STAFF REPORT
REQUEST: APPROVAL OF THREE CONTRACTS FOR REDEVELOPMENT
CONSULTING SERVICES
SUBMITTED BY: ARLA K. SCOTT, SENIOR FINANCIAL ANALYST
DATE: JUNE 11, 2009
CONTENTS: KEYSER MARSTON ASSOCIATES, INC. CONTRACT No. R29080A
REASCO CONTRACT No. R29080s
ROSENOW SPEVACEK GROUP, INC. CONTRACT No. R29080C
Recommendation:
By Minute Motion, that the Agency Board:
1) Authorize the award of a contract to Keyser Marston Associates, Inc.
not -to -exceed $10,000;
2) Authorize the award of a contract to Rosenow Spevacek Group, Inc.
not -to -exceed $10,000;
3) Authorize the award of a contract to REASCO not -to -exceed $50,000;
and
4) Authorize the Chairman to execute the above -mentioned contracts.
Funds are available in the respective professional service accounts for
each Project Area.
Executive Summarv:
The Agency staff has used the three firms referenced above over the last year and have
established a good working relationship and built history with each firm. These firms
have helped with the administration of the Redevelopment Implementation Plan and in
meeting our affordable housing goals. The cumulative contract amounts for 2009-2010
services reflect an overall reduction of $45,000, which represents a 39% decrease to
the 2008-2009 budget for these services.
Staff Report
Approval of Three Contracts for Redevelopment Consulting Services
Page 2
June 11, 2009
Discussion:
These consultants provide real estate, financial, and economic analysis, which assist
staff in making recommendations to the Agency Board during the decision -making
process. Some of the various projects they have helped staff with, over the last year
include, but are not limited to: monitoring and auditing of the tax increment revenue,
analysis of various projects, hotel feasibility studies for Larkspur, developer pro -forma
analysis, valuation study for Desert Willow, Affordable Housing component analysis,
and relocation analysis for various properties in which that was considered an option.
Throughout the course of the year, these firms have demonstrated excellent customer
service and a thorough knowledge of the subject matter. They have proven themselves
as reliable, and we have confidence in their abilities.
Staff is recommending that the Agency Board approve the contracts for the above -
referenced firms for the 2009-2010 fiscal year.
Submitted By:
ra-4.", `�e
Arla K. Scott
Senior Financial Analyst
AKS:mh
Approval:
G �
�r i McCarthy
6CM ,development
Department Head:
Dave Yri n
Dire of Redevelopment/Housing
Paul S. Gibson
Director of Finance
44Y
f z��C� BY RDA I r\
Wohlmuth ON
e Director VERIFIED BY
Original on file with City C�c's Office
G \rdaWrla Scott\Word Files\Staff Repts\Contracts for Finance Consultants 2009-10 doc
CONTRACT NO. x29o8on
CONSULTANT SERVICES AGREEMENT
THIS AGREEMENT is made at San Francisco, California, as of , 2009 by
and between the PALM DESERT REDEVELOPMENT AGENCY ("AGENCY"), and KEYSER
MARSTON ASSOCIATES, INC. ("CONSULTANT"), who agree as follows:
1. Services. Subject to the terms and conditions set forth in this Agreement,
Consultant shall provide to Agency the services described in Exhibit "A".
The parties to this Agreement agree that Consultant, in performing the services
described in Exhibit A, will not make any warranties or guarantees as to the future value of any real
or personal property, nor will it make any express warranties or guarantees of estimated or
probable construction cost or cost estimates being exceeded, nor will it guarantee the availability of
funds or specified rates of return and/or interest. Further, the parties agree that Consultant will not
perform services as a construction manager, appraiser of the fair market value of real estate, real
estate broker or agent, or property manager.
2. Pavment. Agency shall pay Consultant for services rendered pursuant to this
Agreement at the time and in the manner set forth in Exhibit "B". The payments specified in Exhibit
"B" shall be the only payments to be made to Consultant for services rendered pursuant to this
Agreement. Consultant shall submit all billings for said services to Agency in the manner specified
in Exhibit "B".
3. Facilities and Equipment. Consultant shall, at its sole cost and expense, furnish all
facilities and equipment which may be required for furnishing services pursuant to this Agreement.
4. General Provisions. The general provisions set forth in Exhibit "C" are part of this
Agreement. In the event of any inconsistency between said general provisions and any other
terms or conditions of this Agreement, the other term or condition shall control only insofar as it is
inconsistent with the general provisions.
5. Exhibits. All exhibits referred to herein are attached hereto and are by this
reference incorporated herein.
EXECUTED as of the day first above -stated.
PALM DESERT REDEVELOPMENT
AGENCY
By
"AGENCY"
1
0606018.GEN:JAR:emm
99907.000.002MI306
KEYSER MARSTON ASSOCIATES, INC.
i
By
"CONSULTA T
AG�G74
CONTRACT NO. R29080A
EXHIBIT A
SCOPE OF SERVICES
Consultant shall provide real estate and economic consulting services on an "as
requested basis". Services may include:
1) Evaluation of the financial feasibility of retail, commercial, hotel and/or residential
development proposed for the Project Area.
2) Negotiation of disposition and development agreements.
3) Preparation of reuse valuation and Section 33433 reports.
4) Financial and redevelopment planning services.
METHOD AND TIME OF PERFORMANCE
Consultant shall perform the various services described herein only as and when
requested by the Agency and within a time schedule as mutually agreed upon by the parties to
this Agreement.
0606016.GERJARemm
99907.000.002W13M6
EXHIBIT B
COMPENSATION
CONTRACT NO. R29080A
Agency agrees to pay and Consultant agrees to accept compensation on an hourly basis
according to the following fee schedule, which will remain in effect through June 30, 2010:
A. Jerry Keyser*
$280.00
Managing Principals*
$280.00
Senior Principals*
$270.00
Principals*
$250.00
Managers*
$225.00
Senior Associates*
$187.50
Associates
$167.50
Senior Analysts
$150.00
Analysts
$130.00
Technical Staff
$ 95.00
Administrative Staff
$ 80.00
Directly related job expenses not included in the above rates are: Auto mileage, air fares,
hotels and motels, meals, car rentals, taxies, telephone calls, delivery, electronic data processing,
graphics and printing. Directly related job expenses will be billed at 110% of cost.
MAXIMUM COMPENSATION
The total compensation for all services performed pursuant to this Agreement shall not
exceed the sum of TEN THOUSAND DOLLARS ($10,000), without prior approval of the
Agency.
li114001*3IXO WJ\'1['11:4►11
Consultant shall submit monthly requisitions to Agency specifying the amount due for
services performed by Consultant's staff and a list of incurred expenses for the past calendar
month. Upon approval of the services performed and the requisition, Agency shall pay Consultant
in accordance with such requisition up to the agreed -upon maximum.
Monthly billings 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.
0606018.GEN:JAR:emm
M07.000.007J06/13/06
CONTRACT NO. R29oRoA
EXHIBIT C
GENERAL PROVISIONS
1. Independent Contractor. At all times during the term of this Agreement, Consultant
shall be an independent contractor and shall not be an employee of Agency. Agency shall have
the right to control Consultant only insofar as the results of Consultants services rendered
pursuant to this Agreement; however, Agency shall not have the right to control the means by
which Consultant accomplishes services rendered pursuant to this Agreement.
2. Time. Consultant shall devote such time to the performance of services pursuant to
this Agreement as may be reasonably necessary for satisfactory performance of Consultants obli-
gations pursuant to this Agreement.
3. Consultants Liability. The Consultant shall be responsible for all injuries to persons
and for all damage to real or personal property of the Agency or others, caused by or resulting from
the negligence of itself, its employees, or its agents during the progress of or connected with the
rendition of services hereunder. Consultant shall defend and hold harmless and indemnify the
Agency, the City, and all officers and employees of both public agencies from all costs and claims
for damages to real or personal property, or personal injury to any third party, resulting from the
negligence of itself, its employees, or its agents, arising out of the Consultants performance of
work under this Agreement.
4. Equal Employment Opportunitv. During the performance of this Agreement, the
Consultant agrees as follows:
a. The Consultant will not discriminate against any employee or applicant for
employment because of race, color, age, religion, sex, national origin, or physical handicap. The
Consultant will take affirmative action to ensure that applicants are employed, and that employees
are treated during employment, without regard to their race, color, age, religion, sex, national
origin, or physical handicap. Such action shall include, but not be limited to the following:
employment, upgrading, demotion, or transfer, recruitment or recruitment advertising; layoff or
termination; rates of pay or other forms of compensation; and selection for training, including
apprenticeship. The Consultant agrees to post in conspicuous places, available to employees and
applicants for employment, notice setting forth the provisions of this non-discrimination clause.
b. The Consultant will, in all solicitations or advertisements for employees placed by or
on behalf of the Consultant state that all qualified applicants will receive consideration for
employment without regard to race, color, religion, sex, age, national origin, or physical handicap.
060601B.GENAAkemm
99907.000.002106IMS
CONTRACT NO. x29080A
C. The Consultant will cause the foregoing provisions to be inserted in all subcontracts
for any work covered by this Agreement, provided that the foregoing provisions shall not apply to
contracts or subcontracts for standard commercial supplies or raw materials.
5. Consultant Not Agent. Except as Agency may specify in writing, Consultant shall
have no authority, express or implied, to act on behalf of Agency in any capacity whatsoever as an
agent. Consultant shall have no authority, express or implied, pursuant to this Agreement to bind
Agency to any obligation whatsoever.
6. Products of Consultiq. All products of consulting, with the exception of computer
software developed by Consultant, shall become the property of the Agency and shall be delivered
to the Agency before the end of performance under this Agreement. Computer software remains
the property of Consultant.
7. Assignment Prohibited. No party to this Agreement may assign any right or
obligation pursuant to this Agreement. Any attempted or purported assignment of any right or
obligation pursuant to this Agreement shall be void and of no effect.
8. Changes. The Agency may, from time to time, request changes in the Scope of
Services of the Agreement to be performed hereunder. Such changes, including any increase or
decrease in the amount of Consultant's compensation, which are mutually agreed upon by and
between the Agency and the Consultant, shall be incorporated in written amendments to this
Agreement.
9. Termination. This Agreement may be terminated by either party on thirty (30) days
written notice to the other. The effective date of cancellation being the 30th day of said written
notice. Consultant shall be entitled to the compensation earned by it prior to the date of
termination, computed pro rata up to and including the date of termination.
10. AttomeVs Fees. In the event that it becomes necessary for either party to this
Agreement to bring a legal suit to enforce any of the provisions of this Agreement, the parties agree
that a court of competent jurisdiction may determine and fix reasonable attorney fees to be paid the
successful litigant.
0606016.GEN:JAR:emm
99907.000.002/=13(06
Contract No.R990ROR
I REASCO I REAL ESTATE ANALYSIS SERVICES CO.
73-413 BROKEN ARROW TRAIL; POST OFFICE BOX 2809
PALM DESERT, CALIFORNIA 92261-2809; TEL: (760) 340-1429
FAX: (760) 340-2041; EMAIL: LRW REASCO@AOL.COM
CONSULTANT AGREEMENT
This agreement is made at Palm Desert, California on by and between the Palm
Desert Redevelopment Agency (the "AGENCY") and Real Estate Analysis Services Company
(CONSULTANT) who aaree, as follows:
1. SERVICES TO BE PROVIDED BY CONSULTANT:
Subject to the terms and conditions set forth in this agreement, CONSULTANT shall provide
consulting services to the AGENCY, on an as -needed basis, on projects specified
by the AGENCY.
2. DURATION OF THIS AGREEMENT:
This agreement shall begin July 1, 2009 and shall continue for a period of twelve (12)
months until June 30, 2010.
3. SCHEDULE FOR BILLING:
For the duration of this agreement, CONSULTANT shall bill the AGENCY at the beginning of
each month for work CONSULTANT has performed at the request of the AGENCY in the
previous month.
4. MONTHLY FEE SCHEDULE:
a. For the first 25 hours billed in a month, the hourly rate shall be $145.00.
b. For the next 15 hours billed in the same month, the hourly rate shall be $134.00.
c. For the next 10 hours billed in the same month, the hourly rate shall be $125.00.
d. For all subsequent hours billed in in the same month, the hourly rate shall be $110.00.
5. ANNUAL NOT -TO -EXCEED AMOUNT:
a. For the duration of this agreement, the aggregate fee shall not exceed $50,000.
6. INDEPENDENT CONTRACTOR:
At all times during the term of this agreement, CONSULTANT shall perform all the heretofore
described services as an independent contractor, and not as an employee of the AGENCY.
Pursuant to this agreement, the AGENCY shall not control or significantly influence
CONSULTANT's working hours, work environment or work methods. The AGENCY is solely
interested in the results of CONSULTANT's services.
This agreement is hereby executed as of the date first mentioned above.
Palm Desert Redeveloament Aaencv Real Estate Analvsis Services Co. ("CONSULTANT")
By: By: v )41
Robert Spiegel, Chairman Leonard R. Wolk
Attest: Title: President
Rachelle D. Klassen, Secretary
CONSULTING FOR PALM DESERT/ "RDA AGR FOR FY 09-10-R" 5/29/2009 11:44 AM
Contract No. R29080C
AGREEMENT FOR PROFESSIONAL SERVICES
THIS AGREEMENT is entered into this day of , 2009, by
and between the PALM DESERT REDEVELOPMENT AGENCY (hereinafter referred to as
"AGENCY") and the Rosenow Spevacek Group, Inc. (hereinafter referred to as
"CONSULTANT').
WITNESSETH
The parties hereto do agree as follows:
SECTION 1. RECITALS. This Agreement is made and entered into with respect to
the following facts:
(a) The AGENCY desires to undertake certain activities pursuant to Division 24 of
the Health and Safety Code (the "Act") necessary for the planning, development and execution
of projects hereunder; and
(b) The AGENCY desires a highly qualified CONSULTANT to provide technical
assistance in the area of redevelopment planning and administration, implementation, housing
and real estate analysis and
(c) The CONSULTANT represents that it is qualified to perform such services and
has agreed to do so pursuant to this Agreement; and
(d) The AGENCY desires to contract with the CONSULTANT on the basis of the
following terms and conditions.
SECTION 2. EMPLOYMENT. The AGENCY hereby employs the CONSULTANT and
the CONSULTANT hereby accepts such employment, as CONSULTANT to the AGENCY, for
purposes of providing technical assistance in the areas of redevelopment planning and
administration, implementation, housing and real estate analysis and project coordination
activities.
SECTION 3. SCOPE OF SERVICES. The CONSULTANT will upon direction of the
Agency diligently perform the tasks and prepare the documents necessary determined as
required by the Agency. The specific tasks that may be assigned are those outlined in the
Scope of Services of the Proposal (Attachment A).
SECTION 4. TERM. The term of this Agreement shall be the period from the date of
this Agreement as first shown above until terminated by the Agency. The schedule of
performance for any one assignment will be outlined by the Agency at the time that written
authorization to undertake such specified project is given by the Agency.
SECTION 5. CONSULTANT PROJECT TEAM. Felise Acosta, Managing Principal
and Project Manager, will be designated as the responsible party for the CONSULTANT. Other
project team members will include James Draughon, Director; Walter Lauderdale and George
Britton, Senior Associates; Sherry Fuller and Suzy Kim, Senior Analysts; and Zachary Mikelson,
Analyst; and others as assigned.
Contract No. R29080C
If at any time during the term of this Agreement the principal consultant staff designated
to work on the Project are no longer available to work on the Project, the AGENCY retains the
right to renegotiate this Agreement.
SECTION 6. COMPENSATION. The CONSULTANT's compensation authorized by
this contract is for an amount not to exceed ten thousand dollars ($10,000.00), without an
amendment approved by the Agency. The CONSULTANT fees would be charged on a time and
materials basis in accordance with the following rate schedule, and each invoice would detail
the project and services provided. No work would commence without authorization from
designated Agency staff.
Principal/Director $185
Senior Associate $150
Associate/Acquisition Agent $130
Senior Analyst $105
Analyst $ 95
Research Assistant/Real Estate Technician $ 85
Word Processor $ 65
Clerical $ 55
Reimbursables Cost Plus 10%
Reimbursable expenses shall mean necessary out-of-pocket expenses incurred by the
CONSULTANT in the performance of this Agreement for postage, printing and duplication
costs, and messenger costs. Reimbursable expenses shall be billable at the actual costs
reasonably incurred therefore plus a 10% surcharge.
Within ten (10) days after the last day of any month, the CONSULTANT shall submit an
invoice to the AGENCY itemizing tasks performed and related reimbursable expenses. The
hourly rates for professional services rendered pursuant to this Agreement shall be those
presented above.
SECTION 7. PAYMENT PERIOD. The AGENCY shall review the invoices submitted
by CONSULTANT to determine whether the nature and extent of the services performed are
consistent with this Agreement. Payment shall be made within thirty-five (35) days following
receipt of the invoice by the AGENCY or AGENCY shall give to CONSULTANT a written notice
objecting to charges, including a statement of reasons for such objections.
SECTION 8. RIGHT OF TERMINATION. This Agreement may be terminated by the
AGENCY, with or without cause, in its sole discretion, on ten (10) days written notice to the
CONSULTANT.
In such event, the CONSULTANT shall, on the AGENCY's request, promptly surrender
to the AGENCY all completed work and work in progress, and all materials, records, and notes
procured or produced pursuant to this Agreement. The CONSULTANT may retain copies of
such work products as a part of its record of professional activity. The CONSULTANT is
cognizant of the fact that all information and material obtained by the CONSULTANT from the
AGENCY during the performance of this Agreement shall be treated as strictly confidential, and
shall not be used by the CONSULTANT for any purpose other than the performance of this
Agreement. The CONSULTANT shall be reimbursed for all expenses incurred to the date of
termination.
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Contract No. R29080C
SECTION 9. REPORTS AND DOCUMENTS. All reports, agreements and other
documents prepared by the CONSULTANT pursuant to this Agreement are the property of the
AGENCY and shall be turned over to the AGENCY upon expiration or termination of this
Agreement.
The AGENCY may use, duplicate, disclose, and/or disseminate, in whole or in part, in
any manner it deems appropriate, all papers, writings, documents, reports and other materials
of whatever kind prepared, produced or procured in the performance of this Agreement, which
are delivered to or acquired by AGENCY.
SECTION 10. INDEPENDENT CONTRACTOR. The parties hereby acknowledge that
the CONSULTANT is an independent contractor and shall not be considered to be an employee
of the AGENCY.
SECTION 11. INDEMNITY. CONSULTANT hereby agrees to and does indemnify,
defend and hold harmless the AGENCY, and any and all of their respective officers, employees,
and representatives from any and all claims, liabilities and expenses, including attorney fees
and costs that arise out of CONSULTANT'S performance of this Agreement. However, if the
CONSULTANT is joined in any legal action taken against the AGENCY except actions based
on the negligent or wrongful acts of the CONSULTANT, the AGENCY will indemnify, defend
and hold harmless the CONSULTANT.
SECTION 12. NOTICES. Notices pursuant to this Agreement shall be given by
personal service or by deposit of the same in the custody of the United States Postal Service,
postage prepaid, addressed as follows:
TO AGENCY: Carols Ortega, Executive Director
Palm Desert Redevelopment Agency
City of Palm Desert
73-510 Waring Drive
Palm Desert, California 92260
TO CONSULTANT: Rosenow Spevacek Group, Inc.
309 West 4th Street
Santa Ana, California 92701
Notices shall be deemed to be given as of the date of personal service, or two (2) days
following the deposit of the same in the course of transmission of the United States Postal
Service.
SECTION 13. BINDING EFFECT. This Agreement shall be binding upon the parties
hereto and their successors in interest.
SECTION 14. ASSIGNMENT. CONSULTANT shall not be permitted to assign any of
its rights or obligations hereunder, except to subconsultants as approved by the AGENCY and
except for the payment of funds due from the AGENCY, without prior written consent of the
AGENCY. The consent of the AGENCY to an assignment shall not be unreasonably withheld,
but prior to approving any assignment involving the performance of any obligations pursuant to
this Agreement, the AGENCY shall be satisfied by competent evidence that the assignee is
financially able and technically qualified to perform those services proposed to be assigned. In
the event of such assignment, the AGENCY may condition the same so as to ensure
compliance with the provisions of this Agreement.
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Contract No. R29080C
SECTION 15. COMPLIANCE WITH LAWS. CONSULTANT shall comply with all
applicable laws in performing its obligations under this Agreement.
SECTION 16. CONFIDENTIALITY. Information and materials obtained by the
CONSULTANT from the AGENCY during the performances of this Agreement shall be treated
as strictly confidential, and shall not be used by the CONSULTANT for any purpose other than
the performance of this Agreement.
SECTION 17. CONSULTANT'S LIABILITY AND INSURANCE, PUBLIC LIABILITY
AND PROPERTY DAMAGE INSURANCE. The CONSULTANT shall assume all responsibility
for damages to property or injuries to persons, including accidental death, which may be
caused by the CONSULTANT'S performance of a contract, whether such performance is by
himself, his subcontractor, or anyone directly or indirectly employed by him and whether such
damage shall accrue or be discovered before or after termination of contract. The Agency shall
be provided a certificate of insurance verifying the CONSULTANT'S liability insurance
coverage.
SECTION 18. WORKERS' COMPENSATION INSURANCE. The CONSULTANT
agrees to maintain at its expense, during the term of this Agreement, all necessary insurance
for its employees engaged in the performance of this Agreement, including, but not limited to,
workers' compensation insurance, and to provide the AGENCY with satisfactory evidence of
such insurance coverage upon the AGENCY'S request.
SECTION 19. DISCRIMINATION. The CONSULTANT agrees that no person shall be
excluded from employment in the performance of this Agreement on grounds of race, creed,
color, sex, age, marital status, or place of national origin. In this connection, the
CONSULTANT agrees to comply with all County, State and Federal laws relating to equal
employment opportunity rights.
IN WITNESS WHEREOF, this Agreement has been duly authorized and executed by
the parties hereto on the day and year first herein above written.
ATTEST:
PALM DESERT REDEVELOPMENT AGENCY
By:
Title:
Date:
ROSENOW SPEV CE , INC.
By. -
lise Acosta, Vice Pre dent
Date:
0
By: ; 2
Kathleen Rosenow, Treasurer
Date: 5-'1 �- Too I
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Contract No. R29080C
ATTACHMENT A
SCOPE OF SERVICES
A. REAL ESTATE FINANCIAL CONSULTING/IMPLEMENTATION AGREEMENTS
Development Planninq and Analvsis: RSG is available to provide development
planning and analysis for specific project undertakings. Typically, this would involve
preparation of a Design for Development for adoption by the Agency that sets the
basic parameters for proposed development. The options available to the Agency for
development of a specific site can be analyzed to determine the optimal outcome and
a recommended project.
2. Development Pro Forma Analvsis/Negotiation: RSG is available to provide project
financial pro formas for potential redevelopment projects to assist the Agency in
determining the financial viability of a project and determine the degree of participation
which may be required by the Agency. RSG is also available to assist with developer
negotiations as needed.
3. Agreement Preparation: RSG is available to assist Agency staff and legal counsel in
the drafting of agreements (typically, Disposition and Development Agreements or
Owner Participation Agreements). These agreements outline the responsibilities of
both the proposed owner/developer and the Agency.
4. Aareement Processina: RSG is available to prepare the back-up materials, agenda
staff report, and summary report (required by redevelopment law) and assure that
proper noticing and hearings are held in conformance with law.
B. PROJECT ACCOUNTING AND FINANCE
Tax Increment Financinas: The Agency has been implementing its programs with
funds realized by prior bond issues. As revenue increases and funds are needed for
additional implementation activities, RSG is available to provide fiscal consulting
services needed for the issuance of tax increment securities. These services would
include tax increment revenue projections based on current year assessed valuations,
historical trends, building permits issued for in -progress projects, review of planned
new development, and the effects of pass -through agreements. RSG is also
available to provide financial advisory services, assist with preparation of Official
Statements, and other issuance procedures.
2. Pass-Throuah Calculations: The Agency is required to make annual pass -through
payments to taxing entities and various property owners/developers pursuant to the
terms of certain agreements. RSG is available to calculate these payments on behalf
of the Agency.
3. Disclosure Reports: RSG is available to assist the Agency with the preparation of
ongoing disclosure reports for outstanding bond issues.
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Contract No. R29080C
4. Finance Strateaies: RSG has worked with the Agency in the past to determine the
best use of the funds available. Because the Agency is involved in both public
improvements and private developments, it is important that the tax exempt funds
(which must be used for public projects) and other less restricted funds be used to
their best end. RSG can advise the Agency regarding its best use of bond proceeds,
housing funds, land/real estate proceeds, and tax increment funds.
C. REPORTING REQUIREMENTS
RSG is available to assist the Agency in preparing the following documents and reports
required by State law:
Annual Budaet and Work Proaram: Redevelopment Law (HSC Section 33606)
requires all redevelopment agencies to prepare an annual budget that includes the
proposed expenditures, proposed indebtedness, anticipated revenues, a work
program for the coming year, and an analysis of prior year accomplishments. RSG is
available to assist with this task and would utilize information from the Agency budget
to prepare the annual budget to comply with Redevelopment Law.
2. State Controller's Report: If needed, RSG will assist staff in preparing this required
report, particularly the Housing and Community Development portion of the report.
3. Statement of Indebtedness: RSG is available, if needed, to assist with the
preparation of this document, although likely this has been, and will continue to be
done by the Agency Finance Division.
4. Monitorina Deed Restrictions: Redevelopment Law requires the Agency to expand
and improve the supply of affordable housing and to record deed restrictions to
assure continued income level compliance. RSG is available to monitor these deed
restrictions if needed.
D. AFFORDABLE HOUSING PROJECTS
Comprehensive Strateav: RSG is available to assist with the future updates of a
comprehensive affordable housing strategy. RSG is also available to prepare the
Agency Housing Plan a requirement of the Stipulated Judgment.
2. Specific Proiect/Site Identification: The Agency has specific requirements to
rehabilitate and develop new affordable housing. It may behoove the Agency to
identify specific projects and sites that could be utilized for this purpose.
3. Developer Selection/Neaotiation: RSG is available to assist in the developer selection
process, as well as in negotiating terms and agreements for future housing
development.
4. Financinq: RSG has a background in developing various financing alternatives,
making use of 20% set -aside funds, tax allocation bonds, tax credit opportunities, and
other revenue bond formats to assure the most efficient and effective way of
leveraging Agency funds for the development of housing.
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E. REAL ESTATE SERVICES
RSG is available to perform real estate related services. These services include:
1. Prooertv Manaaement: If needed, RSG is available to provide property management
services for Agency -owner properties. Typically, RSG has provided interim
management services when either the property will be held for only a short time, or
when time is needed to select a long-term, permanent management company.
2. Prooertv Acauisition/Negotiation: Implementation programs frequently require
property acquisition and negotiation services. RSG is available as needed to provide
such services. All services will be provided in conformance with State guidelines
regulating the acquisition of properties by public entities.
4. Relocation: From time to time, relocation services have been required, and although
RSG does not directly provide these services, RSG has contracted with, and overseen
the work of; other specialty relocation consultants and can provide this service.
F. AGENCY ADMINISTRATION
RSG is available to assist the Agency with all other administrative activities as needed.
RSG has experience in assisting staff with establishing procedures that can then be
implemented without consultant involvement. Other administrative activities may include:
1. Aaenda Materials: RSG will draft resolutions, reports, notices, plans, agenda staff
reports, and back-up materials as requested by Agency staff.
2. Meetinas: RSG staff is available to attend meetings of the City Council/Agency,
Planning Commission, project advisory committees, and property owners and
residents, when necessary. RSG has a track record of developing good working
relationships with both affected citizens and with staff members.
3. General Administrative Services: RSG is available to assist the Agency with all other
administrative matters on an as -needed basis. These services could include assisting
with Agency filing document control systems, providing specialized services related to
real estate appraisals, acquisition negotiations, relocation, marketing analysis, detailed
development analysis or goodwill appraisals. RSG may not directly provide all of
these services but could assist by identifying those consultants who have experience
in the necessary areas of expertise.
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Contract No. R29080C
SPECIAL PROJECT ACTIVITIES
RSG is available to prepare necessary analysis and documentation for any specific
implementation activities.
1. Specific Proiect Activities: As necessary, RSG is available to analyze specific
projects, develop schedules and budgets, and prepare necessary documentation.
2. Economic Development: Implementation of the Redevelopment Plans should be
accomplished in such a way as to promote economic stability and future revenue flow
to the Agency and other taxing entities. With periodic slowdowns in real estate market
activities, it is necessary for redevelopment agencies to take a lead role in promoting
local economic development. RSG is available to aid the Agency in analyzing the
costs and benefits of specific development proposals and users and to help create a
program which is beneficial to the local tax base.
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