TO: Mayor and Commissioners
FROM: Theresa Webb, Chief Purchasing Officer, Purchasing Department
THROUGH: Donald B. Cooper, City Manager
DATE: August 16, 2016
Title
AWARD OF AN AGREEMENT WITH ANDERSON & CARR, INC. FOR COMMERCIAL REAL ESTATE BROKER
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Recommended Action:
Recommendation
Motion to Award an agreement with Anderson & Carr, Inc. for commercial real estate broker services in an amount not-to- exceed of $100,000.
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Background:
On June 9, 2016, RFP No. 2016-109 was issued for a Commercial Real Estate Broker for the sale of surplus municipal properties. Services will include advertising the sale of City properties, respensenting the City during the real estate transactions, and handling other associated services.Three responsible and responsive proposals were received and evaluated based upon the criteria in the RFP. Anderson & Carr, Inc., was the highest ranked firm. The proposal from Higgenbotham Auctioneers International Limited, Inc. was deemed non-responsible as it did not meet the minimum qualification requirements and was not evaluated.The selection committee’s ranking is as follows:
Rank Firm Score
1. Anderson & Carr, 319 points
2. Redevelopment Management Assoc. 306 points
3. Park View Reality 238 points
Based upon the commission rate of 4% proposed for properties sold by Broker and the estimated sale value of the properties, it is expected that the commission fees to Anderson will not exceed $100,000. This motion is in accordance with the City Code of Ordinances, Chapter 36, Sections 36.02(A)(2), "Requests for Proposals", and 36.03(A), "City Commission Approval".
City Attorney Review:
Approved as to form and legal sufficiency.
Finance Department Review:
Finance recommends approval.
Funding Source:
Funding will be provided from the proceeds of sales.
Timing of Request:
N/A