(2)AR 112409 Agreement with Urban Futures Inc.

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2010-2014 Implementation Plan PSA with UFI Page 2 of 3 DISC USSIONIANALYSIS A Request for Proposal to prepare the Agency's Implementation Plan for 2010 - 2014 was sent to fifteen (15) consulting firms on October 5, 2009. Two firms responded. Based on our review of the proposals, staff is recommending award of the Professional Services Agreement to Urban Futures Inc. (UFI) Not only was UFI's quote to perform the scope of services lower, the company has extensive knowledge of the Agency and a depth of knowledge of its financial capacity. UFI was the Agency's fiscal consultant while it was contemplating issuing bonds in 2008. As part of that process, UFI made a considerable investment in understanding the Agency, its project areas, redevelopment plans and finances, which will ultimately reduce its learning curve as preparation of the Implementation Plan is undertaken. UF1 has also been providing reporting assistance to the Agency for completion of the AB1389 reports, both in 2008 and 2009, which were required as part of AB1389, the ERAF legislation of 2008. Given the recent budgetary impacts to the City/Agency, as well the impacts to our staffing resources, UFI's current and existing knowledge base of Colton will ensure that it will be able to complete the Implementation Plan process in a more efficient and effective manner. The UF1 proposal includes: reporting on the Agency's accomplishments with respect to its 2005 - 2009 Implementation Plan and the effect those accomplishments have had on eliminating blight; developing goals and objectives for each project area; reporting on the Agency's accomplishments with respect to producing affordable housing units; developing goals and objectives to meet housing production obligations; assessing existing plan effectiveness; analyzing impacts of any State "take away" of Redevelopment funds that may be adopted as part of the State's current budget package; and finalizing the report for submittal to the Agency Board during a public hearing. UFI's cost to prepare the Implementation Plan is $40,575, and they recommend allocating an additional $2,500 for out of pocket costs, excluding the cost of newsletter printing and postage. Therefore, total compensation, including reimbursements, would be $43,075. UFI has also included two optional items in its proposal: a) $7,620 to prepare an analysis of each of the Agency's project areas and provide recommendations as to how the Agency/City can address identified issues, assess plan effectiveness and tax increment time limits, financial capacity and limits, potential time limit extensions and the phasing out of the Downtown I and 11 project areas. Upon completion of this task, the Agency will be better equipped to determine whether or not, and to what extent, to make modifications to each of its project areas to include: amending, merging and/or adding/deleting territory to any of its project areas. b) $2,700 to assist with ongoing monitoring and compliance with the Agency's affordable housing inventory to maintain its compliance with AB 987. Staff believes that these optional proposal items should be awarded as well, because it will provide the analysis necessary to determine how best to proceed with the Agency's goal of reconfiguring its project areas in order to maximize the effectiveness of the redevelopment tool and because it will provide additional resources to ensure the Agency complies with the requirement (AB 987) of reporting its existing income restricted housing units on the internet. Total cost of the services, including the two optional items, is $53,395.