2004 AGN AUG 03 I13 - Laserfiche WebLink

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Item #13 REDEVELOPMENT AGENCY FOR THE CITY OF COLTON For the Redevelopment Agency Board Meeting of August 2, 2004 TO: Honorable Chairperson and Boardmembers FROM: Candace E. Cassel, Redevelopment Manage c()'�) SUBJECT: Consideration and Approval of an Annual Professional Services Agreement with the National Development Council for Real Estate and Advisory and Financing Services. DATE: July 26, 2004 BACKGROUND National Development Council (NDC) is a non-profit organization that provides consulting services to developers and cities on community development issues. It also provides real estate analysis and financial consultant services to the Agency. The Redevelopment Agency originally engaged the services of NDC on July 1, 1997 to assist it in obtaining alternative financial resources and to leverage the Agency's existing financial assets to achieve the goals outlined in its Implementation Plan. Some of the issues NDC has assisted the Agency with include: obtaining $1,000,000 in working capital for Moss Bros Ford, securing financing for the Big League Dreams Sports Park and evaluating alternative financing sources for the McNeilus Truck expansion project. NDC is also very active in assisting the City in the mitigation of the Delhi Sands Flower Loving Fly, which impacts the West Valley Redevelopment Project Area, by utilizing various financial sources. In addition, NDC has worked with the Agency on evaluating financing alternatives for Rancho Mediterrania and Colton Palms. NDC also serves as a resource for other small businesses looking for financial tools. DISCUSSION/ANALYSIS The Redevelopment Agency continues to require NDC's consultant services for the many projects that it is working on, and as such, requests that the Board authorize entering into a Professional Services Agreement with NDC, with the option of renewing the contract three consecutive years for a period of one year at a time. Based upon NDC's experience in financing and staff support, its familiarity with the County of San Bernardino's financial programs, its relationships with outside investment organizations, its understanding of Colton's endangered species issues and its non-profit status, the Executive Director has determined that the purpose of public bidding has been satisfied pursuant to Section 3.08.140(e) of the City's Purchasing Ordinance. Section 3.08.140(e) of the City's Purchasing Ordinance provides that the "Purpose of Public Bidding is Otherwise Accomplished when the City Manager (Agency Executive Director) determines that it is in the best interest of the City (Agency) and its administrative operations to dispense with public bidding for non-public projects."