HomeMy WebLinkAboutRDA GEN'L SVCS CONT. 07-07-86 Inter- Com
DATE: JULY 7, 1986
TO:
FROM:
S U BJ ECT:
HILLIAH A. HUSTON, CITY AANAGER
CONI~UNITY DEVELOPHENT DEPARTMENT
GENERAL SERVICES CONTRACT, KATZ, HOLLIS, COREM AND ASSOCIATES, INC.
RECOI~ENDED ACTION:
That the Redevelopment Agency direct the Chalrnmn to execute the subject general
services contract with the firm of Katz, Hollis, Coren and Associates, Inc.
DISCUSSION:
The attached general services contract will provide the Agency,. upon their
request, to utilize the services of the consultant on an as-needed basis for
specific tasks. Some of these services will include: (1) financial consulting
services with respect to estimates of tax increment revenue; (2) review of the
Agency's Statement of Indebtedness and; (3) verification of County tax
collection and payment of Agency revenue as required. In addition, the contract
provides for the services of Keyser Marston Associates, a land use economics
firm, who will assist the Agency staff with evaluation of developers' pro-formas
and requests for financial assistance.
This agreement can be used only in respect to Redevelopment Agency undertakings,
and will supplement staff with specific professional services only as they are
needed. Funds are available in the 1986-87 fiscal budget.
A~~D M.~ KNIGI4T, -SenioV F1~ner
EMK:pef
Enclosed: Agreement
AGREF, MENT FOR CONSUIoTING SERV1CES
THIS AGREEMENT is entered into on this day of
1986, by and between the TUSTIN REDEVELOPMENT' '~GENCY (he'~'~'[r~'~{~
referred to as the "Agency") and KATZ, HOLLIS, COREN & ASSOCIATES, INC.,
a California corporation (hereinafter referred to as the "Consultant").
WITN E S S ET H
~ItEREAS, the Agency has undertaken certain activities pursuant
to the California Community Redevelopment Law necessary to the planning
and execution of redevelopment projects; and
WHEREAS, the Agency desires to engage the Consultant to
render certain technical advice and assistance on financial matters in
connection with such undertakings of the Agency; and
WI~REAS, the Consultant represents that it is qualified to
perform such services under this Agreement.
NOW, T{rI~REFORE, THE PARTIES HERETO DO MUTUALLY AGREE AS
FOLLOWS:
SCOPE OF SERVICES
The Consultant shall perform all of the necessary services
provided under this Agreement in connection with and respecting the
undertakings of the Agency.
The Consultant, when requested by the Agency, shall confer
with and advise the Agency regarding the various aspects of its plans and
programs.
Should the Agency request services related to developer
negotiations, land use economics, or related real estate issues, the
Consultant may retain the services of Keyser Marston Associates, Incor-
porated (Keyaer Marston) as a subcontractor to provide such services. Any
such real estate, related services shall only be provided upon specific
authorization by Agency staff.
Services to be performed hereunder do not include services
directly related to the sale of a bond issue by the Agency.
Any computer program developed or implemented by the
Consultant for the Agency during the course of this Agreement, or jointly
by the Consultant and the Agency, shall be the exclusive property of the
Consultant.
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AGENCY
The Agency shall provide the Consultant with any plans,
publications, reports, statistics, records or other data or information
pertinent to services to be performed hereunder, which are reasonably
available to the Agency.
The Agency shall additionally provide the Consultant with
appropriate staff assistance and shall take prompt and appropriate action
when it will assist in insuring proper and timely performance by the
Gonsultant hereunder.
A. .Co m_pe n s_a_t i_qo .n_(..G.o_~.s_~_!t~.~!t_..S.~.6.y.i.c.e.~ ~
The Agency will compensate the Consultant for services
performed hereunder in accordance with the following schedule:
Principals
Senior Associates
Associates
Senior Analysts
Analysts
Secretarial/Administrative
$100 per hour
$ 85 per hour
$ 70 per hour
$ 55 per hour
$ 45 per hour
$ 30 per hour
The Agency will compensate the Consultant for out-of-pocket
expenses incurred by the Consultant in connection with services performed
hereunder in accordance with the following schedule:
Incurred Expenses - by an amount equal to actual incurred
expenses.
Automobile Mileage - at the rate of $0.20 per mile.
Photocopies - at the rate of $0.10 per page for each document
copy in excess of five (5) document copies.
"Incurred expenses" include, but are not limited to, authorized
travel by common carrier; long distance telephone calls; commercial repro-
duction; reproduction of assessment rolls and maps or other government
documents; shipping and messenger services; and other similar expenses.
Incurred expenses do not include normal overhead expenses.
The Agency will compensate the subcontractor, Keyser Marston,
for services performed hereunder in accordance with the schedule attached
as Exhibit A.
(2 of 3)
Within thirty (30) days after the last day of any mon[h in which
services have been performed hereunder, the Consultant shall submit an
invoice to the Agency stating the amount due the Consultant for such
services, and containing a breakdown of the charges by project, compensa-
tion classification, hourly rate and number of hours worked. The invoice
shall also contain an itemization of out-of-pocket expenses incurred by the
Consultant and for which compensation is due. Invoices for services
provided by Keyser Marston shall be prepared by Keyser Marston and
submitted through the Consultant.
Payment of invoices will be made after acceptance and approval
by the Agency within thirty (30) days of receipt of such invoice. Agency's
approval of the invoice shall not be unreasonably withheld. A charge of 1~
per month will be added to all past due accounts.
RIGHT OF TERMINATION
This Agreement may be terminated by either party on thirty
(30) days written notice to the other, the effective date of cancellation being
the 30th day of said written notice without further action by either party.
V. NOTICES
Notices to the parties, unless otherwise requested in writing,
shah be sent to the Agency at 300 Centennial Way, Tustin, California 92680
and the Consultant at 550 South Hill Street, Suite 980, Los Angeles,
California 90013-2410.
IN WITNESS WHEREOF, the Agency and the consultant have
executed this Agreement as of the date first hereinabove set forth.
TUSTIN REDEVELOPMENT AGENCY
By:
By:
KATZ, HOLLIS, COREN ~j~SSOCIATES, INC.
(3 of 3)
EX~HBIT A
HOURLY FEE SCHEDULE
A. JERRY KEYSER* and
MICHAEL MARSTON*
SENIOR PRINCIPALS*
PRINGIPALS*
SENIOR ASSOGIATES*
ASSOCIATES
SENIOR ANALYSTS
ANALYSTS
TEGHNIGAL STAFF
ADMINISTRATIVE STAFF
1986
$125.00
$120.00
$115.00
$ 95.00
$ 70.00
$ 60.00
$ 55.00
$ 40.00
$ 35.00
Directly related job expenses not included in the above rates are: auto
ml]eage~ air fares, hotels and motels, meals, car rentals, taxies, telephone
calls, delivery, electronic data processing, graphics and printing. Directly
related job expenses will be billed at 110~ of costs.
Monthly billings for staff time and expenses incurred during the period will
be payable within thirty {30) days of invoice date. A charge of 1~ per
month will be added to all past due accounts.
=Rates for individuals in these categories will be increased by 50% for time
spent in court testimony.
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