TITLE
Recommendation to authorize City Manager, or designee, to execute all documents necessary to amend agreements with Epic Land Solutions, Inc., of Torrance, CA, Overland, Pacific and Cutler, Inc., of Long Beach, CA, and Paragon Partners, Ltd., of Huntington Beach, CA, for as-needed real estate property acquisition, relocation, property management, and related services; to increase the aggregate contract amount by $1,500,000, for a revised total aggregate amount not to exceed $4,900,000; and to extend the term of the contract to January 31, 2021. (Citywide)
DISCUSSION
At its meeting on February 9, 2016, the City Council adopted Specifications No. RFP CM15-110 for as-needed real estate property acquisition services, and Specifications No. RFP CM15-111 for as-needed relocation, property management and related services; and authorized agreements with Epic Land Solutions, Inc., Overland, Pacific and Cutler, Inc., and Paragon Partners, Ltd., to provide said services for an aggregate contract amount not to exceed $1,000,000 for a three-year term, with the option to renew for one additional one-year period (Contracts). On May 2, 2017 and April 16, 2019, the City Council authorized amendments to the Contracts that increased the authority by $2,400,000, for a revised aggregate contract amount not to exceed $3,400,000. The City has commonly used outside firms on an as-needed basis to provide real estate services to address acquisition, property management, and disposition needs of City departments for current and unforeseen projects that may arise. The current Contracts are scheduled to expire on January 31, 2020.
The City currently has several real estate transactions in process, including maintenance of former redevelopment agency properties that were legally transferred to the City for disposition, and relocation efforts to assist the tenants at the site of the proposed City’s new permanent Bridge Shelter Community at 6845 Atlantic Avenue. In addition, the ...
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