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HomeMy WebLinkAboutItem 17 - Land Acquistion Services MEMO TO: HONORABLE MAYOR AND MEMBERS OFQTHE CITY COUNCIL FROM: BRUNO RUMBELOW, CITY MANAGER Ut. MEETING DATE: OCTOBER 3, 2017 SUBJECT: APPROVAL OF A RESOLUTION FOR A CONTRACT FOR LAND ACQUISTION SERVICES RECOMMENDATION: City Council to consider a 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 $100,000. BACKGROUND: The purpose of this contract is to establish third party support for acquisition of property required by the City for capital projects on an as-needed basis. These services will include necessary surveying, appraisal, negotiation, title curative, and closing support. Staff anticipates the fee recommended will support up to fifteen parcels depending on the complexity of the acquisition. Staff intends to use this contract in support of specific capital projects with an emphasis on utility projects and any necessary City Council approved economic development initiatives. Staff recommends approval. BB