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HomeMy WebLinkAboutItem 12 - Land Acquisition ServicesMEMOTO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: BRUNO RUMBELOW, CITY MANAGER MEETING DATE: OCTOBER 2, 2018 SUBJECT: APPROVAL OF A CONTRACT AMENDMENT FOR LAND ACQUISITION SERVICES RECOMMENDATION: City Council to consider an amendment to the contract for land acquisition services with Teague, Nall, and Perkins, Inc. FUNDING SOURCE: Funding for this purchase is limited to the budgeted amount by each department in an amount not to exceed $50,000. BACKGROUND: The purpose of this contract was to establish third party support for acquisition of property required by the City for capital projects on an as - needed basis. These services included necessary surveying, appraisal, negotiation, title curative, and closing support. Staff anticipated the $100,000 fee recommended would support up to 15 parcels depending on the complexity of the acquisition. Since the award of the contract on October 3, 2017, 10 task orders have been created for a total of $97,000 in expenses. Staff recommends an additional $50,000 be awarded to Teague, Nall and Perkins for future land acquisition services. Staff intends to use this contract in support of specific capital projects with an emphasis on utility projects and specific City Council supported economic development initiatives. Staff recommends approval.