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HomeMy WebLinkAboutKEYSER MARSTON & ASSOC. - 2001-03-05re , „� CITY OF HLJNTINGTON BEACH Lra 2000 MAIN STREET CALIFORNIA 92648 OFFICE OF THE CITY CLERK CONNIE BROCKWAY CITY CLERK LETTER OF TRANSMITTAL OF ITEM APPROVED BY THE CITY COUNCIL/ REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH DATE: March 12, 2001 TO: Keyser Marston Associates, Inc. ATTENTION: James A-. Rabe Name 500 South Grand Ave., Suite 1480 DEPARTMENT: Street Los Angeles, CA 90071 REGARDING: Professional Services City, State, zip Contract - Economic Advisor Services See Attached Action Agenda Item E-9 Date of Approval 03-05-01 Enclosed For Your Records Is An Executed Copy Of The Above Referenced Agenda Item. Remarks: Connie Brockway City Clerk Attachments: Action Agenda Page CC: D. Biggs Name C. Runzel Name Name Name C. Mendoza x Agreement x RCA Econ. Dev. x Department RCA Econ. Dev. x Department Department Department x Risk Management Dept RCA RCA RCA x Bonds — Deed x Agreement x Agreement Agreement Agreement Insurance x Other x Insurance Other x Insurance Other Insurance Other Insurance Other x Insurance (Telephone: 714-536.5227 ) Council/Agency Meeting Held: Deferred/Continued to: J Ap roved ❑ Conditionally Approved ❑ Denied Clerk' ignature ouncil Meeting Date: March 5, 2001 Department ID Num er: ED-e'-08=` CITY OF HUNTINGTON BEACH REQUEST FOR COUNCIL/AGENCY ACTION SUBMITTED TO: HONORABLE MAYOR/AGENCY CHAIRMAN AND CITY COyNCIL MEMBERS/REDEVELOPMENT AGENCY MEMBERS SUBMITTED BY: RAY SILVER, City Administrator/Executive Director& "') PREPARED BY: DAVID C. BIGGS, Economic Development Director SUBJECT: Approve Economic Consultant Agreements with Keyser Marston and Associates, the Sedway Group, and the Rosenow, Spevacek Group Statement of Issue, Funding Source, Recommended Action, Alternative Action(s), Analysis, Environmental Status, Attachment(s) Statement of Issue: The Department of Economic Development is requesting approval of three professional services contracts for economic advisory services. Funding Source: The $225,000 is budgeted in Economic Development Department, Administrative Economic Analysis Account 30580101.69325. City Council Recommended Action: 1. Approve and authorize the Mayor and the City Clerk to execute the contract between the City of Huntington Beach and Keyser Marston and Associates (Attachment 1) for an amount not to exceed $75,000 per year. Redevelopment Agency Recommended Action: 1. Approve and authorize the Chairman and the Agency Clerk to execute each of the two attached contracts between the Redevelopment Agency and the following firms: the Sedway Group (Attachment 2), and the Rosenow, Spevacek Group (Attachment 3) for an amount not to exceed $75,000 per year. Alternative Action(s): 1. Do not appove one or more of these contracts. Analysis: In October 2000, the Department of Economic Development solicited requests for qualifications and proposals from eight professional economic firms to provide a full spectrum of professional services including real estate, redevelopment, and economic V REQUEST FOR COUNCIL/AGENCY%TION MEETING DATE: March 5, 2001 DEPARTMENT ID NUMBER: ED-01-08 development work. Economic advisory services are chiefly required for major commercial and housing projects but are also needed from time to time depending on the Agency's need to investigate a particular financial issue. Three firms were selected to providing consultations in their various areas of expertise: Keyser Marston and Associates, the Sedway Group, and the Rosenow, Spevacek Group. On January 9, 2001, the Economic Development Committee was briefed on the selection and need for these consultants. Each contract is for three years of service for an amount not to exceed $75,000 per year. Appropriations for these professional services are approved through the annual budgetary process. Each consultant has met the City's insurance requirements. Professional services economic analysis may include: • Advice in the negotiation (or renegotiations) of DDA's • Determination of the level of financial assistance that is warranted for commercial and residential projects • Advice on the structure and financing techniques of Agency and developer obligations Review and verification of developer pro-formas • Determination of the reuse value of project sites and preparation of summary reports pursuant to Sec. 33433 of the California Health and Safety Code • Comparative analysis of proposed projects in relation to the regional and national markets. • Advice in the structure of development proposal solicitations and review of proposals submitted • Advice on the market trends, product type and pricing of proposed market rate housing and on the affordability of Agency subsidized housing for low and very -low income households. As these tasks require advanced economic expertise beyond current staffing levels, staff is recommending the the Redevelopment Agency approve these contracts for professional economic advisory services. Environmental Status: Not applicable. Attachment(s): Professional Services Agreement between the City of Huntington Beach and Keyser Marston and Associates 2 Professional Services Agreement between the Redevelopment Agency and the Sedway Group 3 Professional Services Agreement between the Redevelopment Agency and the Rosenow, S evacek Group RCA Author: Runzel ED0108 -2. 02126/01 11:19 AM • • Professional Services Agreement between the City of Huntington Beach and Keyser Marston and Associates ATTACHMENT #'l 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 PROFESSIONAL SERVICES CONTRACT BETWEEN THE CITY OF HUNTINGTON BEACH AND KEYSER MARSTON ASSOCIATES, INC. FOR ECONOMIC ADVISOR SERVICES Table of Contents Scopeof Services..................................................................................................... I DesignatedContacts.................................................................................................1- Timeof Performance...............................................................................................2 Compensation..........................................................................................................2 ExtraWork...............................................................................................................2 Methodof Payment..................................................................................................2 Disposition of Plans, Estimates and Other Documents...........................................4 HoldHarmless................................................................................................:........4 Workers' Compensation Insurance............................................................................5 General Liability Insurance......................................................................................6 Professional Liability Insurance..............................................................................6 Certificates of Insurance..........................................................................................7 Independent Contractor............................................................................................8 Termination of Agreement.......................................................................................8 Assignment and Subcontracting...............................................................................9 Copyrights/Patents....................................................................................................9 City Employees and Officials....:................................................................: Notices.....................................................................................................................9 Modification.............................................................................................................10 Captions...................................................................................................................10 SectionHeadings.....................................................................................................10 Interpretation of Agreement.....................................................................................10 DuplicateOriginal....................................................................................................I I Immigration.............................................................................................................. I I Legal Services Subcontracting.................................................................................11 Attorney's Fees.........................................................................................................12 Entirety.....................................................................................................................12 PROFESSIONAL SERVICES CONTRACT BETWEEN THE CITY OF HUNTINGTON BEACH AND KEYSER MARSTON ASSOCIATES, INC. FOR ECONOMIC ADVISOR SERVICES THIS Agreement is made and entered into this 5th day of March 200, , by and between the City of Huntington Beach, a municipal corporation of the State of California, hereinafter referred to as "CITY," and KEYSER MARSTON ASSOCIATES, INC., a California corporation, hereinafter referred to as "CONSULTANT." WHEREAS, CITY desires to engage the services of a consultant to provide economic advisor services; and Pursuant to documentation on file in the office of the City Clerk, the provisions of the Huntington Beach Municipal Code, Chapter 3.03, relating to procurement of professional service contracts have been complied with; and CONSULTANT has been selected to perform said services, NOW, THEREFORE, it is agreed by CITY and CONSULTANT as follows: 1. SCOPE OF SERVICES CONSULTANT shall provide all services as described in the Request for Proposal ("RFP") and CONSULTANT's proposal dated October 23, 2000 (both of which are hereinafter collectively referred to as Exhibit "A") which are attached hereto and incorporated into this Agreement by this reference. These services shall sometimes hereinafter be referred to as the "PROJECT." 2. DESIGNATED CONTACTS CITY shall assign a staff coordinator to work directly with CONSULTANT in the performance of this Agreement. 4/s:4-2000 Agree: Keyser Marston RLS 2000-1151 1-17-01 3. TIME OF PERFORMANCE Time is of the essence of this Agreement. The services of CONSULTANT are to commence as soon as practicable after the execution of this Agreement and all tasks specified in Section 1 shall be completed no later than three (3) years from the date of this Agreement. These times may be extended with the written permission of CITY. The time for performance of the tasks identified in Section 1 are generally to be shown in the Scope of Services on the Work Program/Project Schedule. This schedule may be amended to benefit the PROJECT if mutually agreed by CITY and CONSULTANT. 4. COMPENSATION In consideration of the performance of the services described herein, CITY agrees to pay CONSULTANT on a time and materials basis at the rates identified in Exhibit "A," a fee not to -exceed Seventy-five Thousand -Dollars ($75,000.00). 5. EXTRA WORK In the event CITY requires additional services not included in Section 1, or changes in the scope of services described in Section 1, CONSULTANT will undertake such work only after receiving written authorization from CITY. Additional compensation for such extra work shall be allowed only if the prior written approval of CITY is obtained. 6. METHOD OF PAYMENT A. CONSULTANT shall be entitled to progress payments toward the fixed fee set forth herein in accordance with the progress and payment schedules set forth in Section 1. B. Delivery of work product: A copy of every memorandum; letter, report, calculation and other documentation prepared by CONSULTANT shall be submitted to CITY to demonstrate progress toward completion of tasks. In the event CITY rejects or has comments on 2 4/s:4-2000 Agree: Keyser Marston RLS 2000-1151 1-17-01 '1! • any such product, CITY shall identify specific requirements for satisfactory completion. Any such product which has not been formally accepted or rejected by CITY shall be deemed accepted. C. CONSULTANT shall submit to CITY an invoice for each progress payment due. Such invoice shall: 1) Reference this Agreement; 2) Describe the services performed; 3) Show the total amount of the payment due; 4) Include a certification by a principal member of CONSULTANT's firm that the work has been performed in accordance with the provisions of this Agreement; and 5) For all payments include an estimate of the percentage of work completed. Upon submission of any such invoice, if CITY is satisfied that CONSULTANT is making satisfactory progress toward completion of tasks in accordance with this Agreement, CITY shall promptly approve the invoice, in which event payment shall be made within thirty (30) days of receipt of the invoice by CITY. Such approval shall not be unreasonably withheld. If CITY does not approve an invoice, CITY shall notify CONSULTANT in writing of the reasons for non -approval within seven (7) calendar days of receipt of the invoice, and the schedule of performance set forth in Section 1 shall be suspended until the parties agree that past performance by CONSULTANT is in, or has been brought into compliance, or until this Agreement is terminated as provided herein. 3 4/s:4-2000 Agree: Keyser Marston RLS 2000-1151 1-17-01 • • D. Any billings for extra work or additional services authorized by CITY shall be invoiced separately to CITY. Such invoice shall contain all of the information required above, and in addition shall list the hours expended and hourly rate charged for such time. Such invoices shall be approved by CITY if the work performed is in accordance with the extra work or additional services requested, and if CITY is satisfied that the statement of hours worked and costs incurred is accurate. Such approval shall not be unreasonably withheld. Any dispute between the parties concerning payment of such an invoice shall be treated as separate and apart from the ongoing performance of the remainder of this Agreement. 7. DISPOSITION OF PLANS, ESTIMATES AND OTHER DOCUMENTS CONSULTANT agrees that all materials prepared hereunder, including all original drawings, designs, reports, both field and office notices, calculations, maps, memoranda, letters and other documents, except proprietory computer models,shall:be turned over to' CITY upon termination of this Agreement or upon PROJECT completion, whichever shall occur first. In the event this Agreement is terminated, said materials may be used by CITY in the completion of the PROJECT or as it otherwise sees fit. Title to said materials shall pass to. CITY upon payment of fees determined to be earned by CONSULTANT to the point of termination or completion of the PROJECT, whichever is applicable. CONSULTANT shall be entitled to retain copies of all data prepared hereunder. 8. HOLD HARMLESS CONSULTANT shall protect, defend, indemnify and save hold harmless CITY, its officers, officials, employees, and agents from.and against any and all liability, loss, damage, expenses, costs (including without limitation, costs and fees of litigation of every nature) arising out of CONSULTANT's negligent or willful misconduct or its failure to comply with any of its 4 4/s:4-2000 Agree: Keyser Marston RLS 2000-1151 1-17-01 • E obligations contained in this Agreement by CONSULTANT, its officers, agents or employees except such loss or damage which was caused by the sole negligence or willful misconduct of CITY. CITY shall be reimbursed by CONSULTANT for all costs and attorney's fees incurred by CITY in enforcing this obligation. 9. WORKERS' COMPENSATION INSURANCE Pursuant to California Labor Code Section 1861, CONSULTANT acknowledges awareness of Section 3700 et seq. of said Code, which requires every employer to be insured against liability for workers' compensation; CONSULTANT covenants that it will comply with such provisions prior to commencing performance of the work hereunder; and shall indemnify, defend and hold harmless CITY from and against all claims, demands, payments, suit, actions, proceedings, and judgments of every nature and description, including attorney's fees and costs presented, brought or recovered against the CITY, for or on account of any liability under any of said acts which may be incurred by reason of any work to be performed by CONSULTANT underthis Agreement. CONSULTANT shall maintain workers' compensation insurance in an amount of not less than One Hundred Thousand Dollars ($100,000) bodily injury by accident, each occurrence, One Hundred Thousand Dollars ($100,000) bodily injury by disease, each employee, Two Hundred Fifty Thousand Dollars ($250,000) bodily injury by disease, policy limit. CONSULTANT shall require all subcontractors to provide such workers' . compensation insurance for all of the subcontractors', employees. CONSULTANT shall furnish to CITY a certificate of waiver of subrogation under the terms of the workers' compensation insurance and CONSULTANT shall similarly require all subcontractors to waive subrogation. 4/s:4-2000 Agree: Keyser Marston RLS 2000-1151 1-17-01 10. GENERAL LIABILITY INSURANCE In addition to the workers' compensation insurance and CONSULTANT's covenant to indemnify CITY, CONSULTANT shall obtain and furnish to CITY, a policy of general public liability insurance, including motor vehicle coverage covering the PROJECT. The policy shall indemnify CONSULTANT, its officers, agents and employees, while acting within the scope of their duties, against any and all claims arising out of or in connection with the PROJECT, and shall provide coverage in nor less than the following amount: combined single limit bodily injury and property damage, including products/completed operations liability and blanket contractual liability, of $1,000,000 per occurrence. If coverage is provided under a form, that includes a designated general aggregate limit, the aggregate limit must be no- less than .$1,000,000 for .this PROJECT. The policy shall name CITY, its agents, its officers, employees and volunteers as Additional Insureds, and shall specifically provide that any other insurance coverage which may be applicable to the PROJECT shall be deemed excess coverage and that CONSULTANT's insurance shall be primary. Under no circumstances shall the above -mentioned insurance contain.a self - insured retention, or a "deductible" or any other similar form of limitation on the required coverage. 11. PROFESSIONAL LIABILITY INSURANCE CONSULTANT shall furnish a professional liability insurance policy covering the work performed by it hereunder. Said policy shall provide coverage for CONSULTANT's professional liability in an amount not less than $1,000,000. per occurrence and in the aggregate. A claims -made policy shall be acceptable if the policy further provides that: 4/s:4-2006 Agree: Keyser Marston RLS 2000-1151 1-17-01 A. The policy retroactive date coincides with or precedes the initiation of the scope of work (including subsequent policies purchased as renewals or replacements). B. CONSULTANT will make every effort to maintain similar insurance during the required extended period of coverage following project completion, including the requirement of adding all additional insureds. C. If insurance is terminated for any reason, CONSULTANT agrees to purchase an extended reporting provision of at least two (2) years to report claims arising from work performed in connection with this Agreement. D. The reporting of circumstances or incidents that might give rise to future claims. 12. CERTIFICATES OF INSURANCE ` Prior to commencing performance of the work hereunder, CONSULTANT shall furnish to CITY certificates of insurance subject to approval of the City Attorney evidencing the foregoing insurance coverages as required by this Agreement; the certificates shall: A. provide the name and policy number of each carrier and policy; B. state that the policy is currently in force; and C. promise that such policies shall not be suspended, voided or canceled by either party, reduced in coverage or, in limits except after thirty (30) days' prior written notice; however, ten (10) days' prior written notice in the event of cancellation for nonpayment of premium. CONSULTANT shall maintain the foregoing insurance coverages in force until the work under this Agreement is fully completed and accepted by CITY. 4/s:4-2000 Agree: Keyser Marston RLS 2000-1151 1-17-01 The requirement for carrying the foregoing insurance coverages shall not derogate from the provisions .for indemnification of CITY by CONSULTANT under the Agreement. CITY or its representative shall at all times have the right to demand the original or a copy of all said policies of insurance. CONSULTANT shall pay, in a prompt and timely manner, the premiums on all insurance hereinabove required. 13. INDEPENDENT CONTRACTOR CONSULTANT is, and shall be, acting at all times in the performance of this Agreement as an independent contractor herein and not as an employee of the CITY. CONSULTANT shall secure at its expense, and be responsible for any and all payment of all taxes, social security, state disability insurance compensation, unemployment compensation and other payroll deductions for CONSULTANT and its officers, agents and employees and all business licenses, if any, in connection with the services to be performed hereunder. 14. TERMINATION OF AGREEMENT All work required hereunder shall be performed in a good and workmanlike manner. CITY may terminate CONSULTANT's services hereunder at any time with or without cause, and whether or not PROJECT is fully complete. Any termination of this Agreement by CITY shall be made in writing, notice of which shall be delivered to CONSULTANT as provided herein. In the event of termination, all finished and unfinished documents, exhibits, report, and evidence shall, at the option of the CITY, become its property and shall be delivered to it by CONSULTANT. 4/s:4-2000 Agree: Keyser Marston RLS 2000-1151 1-17-01 15. ASSIGNMENT AND SUBCONTRACTING This Agreement is a personal service contract and the supervisory work hereunder shall not be delegated by CONSULTANT to any other person or entity without the express written consent of CITY. 16. COPYRIGHTS/PATENTS CITY shall own all rights to any patent or copyright on any work, item or material produced as a result of this Agreement. 17. CITY EMPLOYEES AND OFFICIALS CONSULTANT shall employ no CITY official nor any regular CITY employee in the work performed pursuant to this Agreement. No officer or employee of CITY shall have any financial interest in this Agreement in violation of the applicable provisions of the California Government Code. 18. NOTICES Any notice or special instructions required to be given in writing under this Agreement shall be given either by personal delivery to CONSULTANT's agent (as designated in Section 1 hereinabove) or to CITY's Director of Economic Development as the situation shall warrant, or by enclosing the same in a sealed envelope, postage prepaid, and depositing the same in the United States Postal Service, addressed as follows: TO CITY: Director of Economic Development City of Huntington Beach 2000 Main Street Huntington Beach, CA 92648 9 4/s:4-2000 Agree: Keyser Marston RLS 2000-1151 1-17-01 TO CONSULTANT: Mr. James A. Rabe Keyser Marston Associates, Inc. 500 South Grand Ave., Suite 1480 Los Angeles, CA 90071 19. MODIFICATION No waiver or modification of any language in this Agreement shall be valid unless in writing and duly executed by both parties. 20. CAPTIONS Captions of the sections of this Agreement are for convenience and reference only, and the words contained therein shall in no way be held to explain, modify, amplify or aid in the interpretation, construction or meaning of the provisions of this Agreement 21. SECTION HEADINGS. The titles, captions, section, paragraph, subject headings and descriptive phrases at the beginning of the various sections in this Agreement are merely descriptive and are included solely for -convenience of reference only and are not representative of maters included or excluded from such provisions, and do not interpret, define, limit.or describe, or construe the intent of the parties or affect the construction or interpretation of any provision of this .Agreement. 22. INTERPRETATION OF THIS AGREEMENT The language of all parts of this Agreement shall in all cases be construed as a whole, according to its fair meaning, and not strictly for or against any of the parties. If any provision of this Agreement is held by an arbitrator or court of competent jurisdiction to be unenforceable, void, illegal or invalid, such holding shall not affect the remaining covenants and- . provisions of this Agreement. No covenant or provision shall be deemed dependent upon any other unless so expressly.provided.here. As used in this: Agreement, the masculine or neuter gender and singular or plural number shall be deemed to include the other whenever the context so indicates or requires. Nothing contained herein shall be construed so as to require the 10 4/s:4-2000 Agree: Keyser Marston RLS 2000-1151 1-17-01 commission of any act contrary to law, and wherever there is any conflict between any provision contained herein and any present or future statute, law, ordinance or regulation contrary to which the parties have no right to contract, then the latter shall prevail, and the provision of this Agreement which is hereby affected shall be curtailed and limited only to the extent necessary to bring it within the requirements of the law. 23. DUPLICATE ORIGINAL The original of this Agreement and one or more copies hereto have been prepared and signed in counterparts as duplicate originals, each of which so executed shall, irrespective of the date of its execution and delivery, be deemed an original. Each of the parties hereto shall retain an originally signed copy hereof. Each duplicate original shall be deemed an original instrument as against any party who has signed it. 24. IMMIGRATION CONSULTANT shall be responsible for full compliance with the immigration and naturalization laws of the United States and shall, in particular, comply with the provisions of the United States Code regarding employment verification. 25. LEGAL SERVICES SUBCONTRACTING PROHIBITED CONSULTANT and CITY agree that CITY is not liable for payment of any subcontractor work involving legal services, and that such legal services are expressly outside the scope of services contemplated hereunder. CONSULTANT understands that pursuant to Huntington Beach City Charter Section 309, the .City Attorney is the exclusive legal counsel for CITY; and .CITY shall not be liable for payment of any legal services expenses incurred by CONSULTANT. 11 4/s:4-2000 Agree: Keyser Marston RLS 2000-1151 1-17-01 it � 26. ATTORNEY'S FEES In the event suit is brought by either party to enforce the terms and provisions of this Agreement or to secure the performance hereof, each party shall bear its own attorney's fees. 27. ENTIRETY The Agreement contains the entire agreement between the parties respecting the subject matter of this. Agreement and supercedes all prior understanding and agreements whether oral or in writing. The foregoing sets forth the entire Agreement between the parties. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by and through their authorized offices the day, month and year first above written. CONSULTANT KEYSER MARSTON ASSOCIATES, INC., a California corpor tion By: S� print name ITS: (circle ale) Chairman/President/ ice Presiden" ERIN print name ITS: (circle one) ecretar hief Financial Officer/Asst. Secretary — Treasurer CITY OF HUNTINGTON BEACH, a municipal corporation of the State of California NAM Ma or ATTEST:- City Clerk IS-MoF APPROVED AS TO FORM: City Attorney REVIEWED AND APPROVED: r\.vl� t 1� City AlTministrator 4/s:4-2000 Agree: Keyser Marston RLS 2000-1151 1-17-01 INI TED AND APPROVED: r irec r of Economic Develo ent 12 I< LYS 1: R A RS'-1-0N ASS0(- IA'1 ES I NC;. REAL ESTATE AND ECONOMIC DEVELOPMENT SERVICES KMA provides a full range of real estate services to its public sector clients. The use of market demand analyses and pro forma financial analyses to evaluate the financial feasibility of a wide range of projects is a strength of KMA. Financial feasibility analyses are typically geared toward providing KMA's public sector clients with a perspective on the private sector development economics for proposed projects. This is often a key factor in identifying the need for public assistance. Disposition consulting services cover a broad spectrum, in which KMA assists clients in the disposition of real estate holdings. KMA has also taken an active role in the negotiation's process leading to numerous DDA's and OPA's. A description of real estate and economic development consulting services is included below. REAL ESTATE SERVICES Feasibility Assessment — KMA has undertaken feasibility studies for clients ranging from institutional investors, to department stores, to numerous public agencies. While the purpose of these studies varies considerably, the essence is to identify the basic demand for the use being tested, an essential component in the decision making process. The Los Angeles office has undertaken numerous commercial, retail and housing market opportunity assessments, and has assisted redevelopment agencies in the identification of mid to long-term redevelopment strategies. Financial Evaluation — The use of pro forma financial analyses to evaluate the financial feasibility of a wide range of projects is a strength of KMA. These financial feasibility analyses are typically geared toward providing KMA's redevelopment agency clients with a perspective on the private sector development economics for proposed projects. This is often a key factor- in identifying the need for and extent of public assistance. Disposition/Owner Participation/Ground Lease Consulting — This service covers a broad spectrum, in which KMA assists clients in the disposition of real estate holdings. These services include preparation of developer solicitation documents, developer selection and review, participation in developer or owner negotiation, and analysis of pending agreements. KMA has taken an active role in the negotiation process leading to numerous Ground Leases, DDA's and OPA's. Reuse Reports — KMA's real estate experience is used in the analysis and preparation of reuse reports required under Health and Safety Code Section 33433. Fiscal Impact Analysis — As a full service land economics consulting firm specializing in real estate predevelopment and evaluation services, KMA has developed extensive experience in fiscal/economic impact analysis in the assessment of revenue and cost impacts to be generated by proposed developments or implementation of plans. The analyses evaluate both capital and 0010051.KMA:JAR:KHH:gbd aawn run nrn 0 annual on -going revenue and service cost impacts, as well as an evaluation of employment and income effects. Economic Benefit and Site Specific Revenue Analysis — As a full service land economics consulting firm specializing in real estate predevelopment and evaluation services, KMA has developed extensive experience in fiscal/economic impact analysis in the assessment of revenue and cost impacts to be generated by proposed developments or implementation of plans. The analyses evaluate both capital and annual on -going revenue and service cost impacts, as well as an evaluation of employment and income effects. KMA has recently provided site -specific revenue analyses for a number of significant projects including the Hollywood/Highland project and the Grand Central Creative Campus. ECONOMIC DEVELOPMENT SERVICES • Revitalization Strategies — KMA has undertaken numerous revitalization studies for public clients. Based on sound and in-depth analysis of market conditions, KMA has developed strategies that emphasize implementation. The analyses of market conditions include demographic trends, employment patterns, commercial activities, and leakage of retail sales to neighboring communities. From these analyses, KMA formulate economic revitalization strategies through the development of a targeted industry retention and attraction program. Business Incentive Programs — KMA has evaluated various business retention mechanisms, including sales tax rebate, property tax rebate, utility discount, and direct financial assistance. KMA also advises Business Improvement Districts (BIDs) on commercial revitalization programs through the design of positioning and repositioning strategies, through the identification of market potential and niche opportunities, and how to retain and attract specific tenants. We assist in negotiations with property owners, brokers, prospective retailers, and local officials, and we assist in the structuring of funding programs. Tenant Identification and Recruitment — Based upon an in-depth analysis of market potential and representation of existing tenants, KMA assists public agencies in formulating strategic tenant recruitment plans. Through the contacts KMA has established from our private sector clients, KMA can identify tenant interests and assess their potential fit in the market place. Strategic Plans for Retail, Commercial and Industrial Uses — KMA's economic development services include identifying optimal mix of retail, commercial and industrial uses. Our expertise in this area has been particularly suitable for defense and military base conversion projects. KMA's services have assisted public sector clients in formulating policies that maximize revenue potential. 0010051.KMA:JAR:KHH:g bd REDEVELOPMENT PLAN ADOPTION AND AMENDMENT SERVICES KMA has been lead consultant in providing full plan adoption/plan amendment services and has also provided specific services encompassing financial feasibility analysis, blight study, and taxing agency consultations. Since AB 1290 passed in 1993, KMA's plan adoption staff has completed over 30 redevelopment plan assignments. KMA is available to assist the Agency with specific tasks or can provide full administrative and coordination services to complete all legal, technical, and procedural requirements for adoption and amending redevelopment plans under the California Community Redevelopment Law. KMA is also available to provide the Agency with advisory services related to project area formation and amendment. Prior to providing redevelopment plan adoption services, KMA meets with clients to review objectives. and provide a strategy or specific recommendations to expedite the often long and complicated adoption process. KMA's expertise and knowledge of the California Community Redevelopment Law will be used to assist the Agency with determining what types of amendments are most feasible and advantageous to the Agency and to the objectives of the redevelopment project area. KMA can provide preliminary and feasibility studies to determine if an area meets the blight test or is financially feasible. KMA can also provide market studies or economic development services in coordination with formation of redevelopment project areas to provide a comprehensive approach to revitalization. AFFORDABLE HOUSING SERVICES Market and Financial Analysis of Projects with Affordable Housing Component — KMA . prepares market and financial analyses that result in identifying an appropriate level of agency participation in a project. We evaluate the impact of burdens and incentives on affordable housing programs and advise on all aspects of project financing, including the use of low income housing tax credits, CHFA, HUD, and Federal Home Loan Bank programs. Prepare Affordable Housing Strategies and Implementation Plans — KMA helps redevelopment agencies prepare plans for using 20% set -aside monies and federal funding sources. KMA has extensive experience in creating housing programs that balance available resources among housing types and various income groups. Prepare Nexus Studies for Housing Linkage Fees — KMA is expert in preparing nexus studies that establish development fees to fund the construction of affordable housing. Past KMA studies have aided major California jurisdictions with these programs. We participated in the precedent -setting Sacramento case reviewed by the U.S. Supreme Court. These experiences make KMA uniquely qualified to prepare and assist in defense of these programs. 0010051.KMA:JAR:KHH:gbd 9AAm rinn rm • • Design Inclusionary Housing Programs — Several cities have engaged KMA to assist in the development of inclusionary housing programs tailored to local economic conditions. KMA's approach is to work with both agency staff and developers in creating a program reflecting the local market. KMA assesses the impact of proposed inclusionary requirements on the production of affordable housing. Assess Developer Qualifications — KMA has assisted cities in the evaluation and selection of developers for affordable housing projects. The evaluation typically includes a thorough review of the developer's track record, financial strength, management company, and development team. 0010051.KMA:JAR: KHH:gbd KEYSER MARSTON ASSOCIATES, INC. HOURLY FEE SCHEDULE 2000101 A. JERRY KEYSER * $195.00 MANAGING PRINCIPALS* $190.00 PRINCIPALS* $175.00 MANAGERS* $150.00 SENIOR ASSOCIATES $135.00 ASSOCIATES $115.00 SENIOR ANALYSTS $100.00 _. ANALYSTS $ 85.00 TECHNICAL STAFF $ 70.00 ADMINISTRATIVE STAFF $ 55.00 Directly related job expenses not included in the above rates are: auto mileage, 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 cost. 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. 0010051 XMA:JARXHH:gbd 99900.000.002 • • October 9, 2000 «name» «company» «address» ((City)) Re: Economic Advisor Services Dear «name»: The Redevelopment Agency of the City of Huntington Beach is soliciting qualifications and rate schedules from firms providing a full spectrum of economic advisor services including real estate, redevelopment, and economic development. The Agency maintains one project area that is comprised of five project areas that were merged and one additional project area currently being created. Economic advisory services are chiefly required for major commercial and housing projects but are also needed from time to time depending on the Agency's need to investigate a particular financial issue. Listed below are some of the projects being contemplated for future economic analysis work. 1. The Ocean Grand Resort and its residential component - The Agency entered into Owner Participation Agreement to redevelop the Ocean Grand Resort and a residential project being developed by the Robert Mayer Corporation. While the resort will be under construction soon, financial matters on some aspects of the resort are still pending. Also, the residential component of this project may be changing, as well as its financial and economic characteristics. 2. Thirty -One Acre Site - A thirty-one acre vacant site on Pacific Coast Highway between First and Huntington Streets is planned for a major mixed -use project to include approximately ten acres of commercial zoned land along the Highway .and the balance of the site in attached housing. It may also include construction of a major new street. New plans are anticipated to be submitted by owner and developer of the property. It is anticipated that the Agency will be involved in some sort of financing package. 3. Affordable Housing Projects - The Agency is also pursuing the achievement of its affordable housing obligations. The Agency sponsors the acquisition and rehabilitation of existing multifamily housing and is working with non-profit «company» October 10, 2000 Page 2 housing developers to provide for -sale housing to low income buyers and senior apartment projects for very low-income elderly. Future activities will focus on the provision of rental housing for low and very -low income households. 4. New Southeast Area Redevelopment Project Area — The Agency is in the midst of forming a new project area in the Southeast part of the City. This encompasses 266 acres of industrial zoned land in the midst of wetlands, adjacent Pacific Coast Highway. The area also includes contaminated land that must be clean up. Several projects are anticipated to be proposed within the next two years. 5. Other Projects - In addition to the major activities described above, the Agency has several smaller scale redevelopment projects in various phases from conceptual to pending construction. Your proposal should include the following: • Statement of Qualifications for the firm. • Resumes of the firm's principals and staff to be assigned to work with Agency staff. • List of current and past clients. • At least three references that may be contacted for whom you have performed services similar to those solicited herein • The hourly rates for all firm members, overhead and other charges. • An estimate of the funds necessary to procure the firm's services for one year. Anticipated services to be provided to the Agency staff are the following: • Advice in the negotiation (or renegotiations) of DDA's • Determination of the level of financial assistance that is warranted for commercial and residential projects • Advice on the structure and financing techniques of Agency and developer obligations • Review and verification of developer pro-formas • Determination of the reuse value of project sites and preparation of summary reports pursuant to Sec. 33433 of the California Health and Safety Code • Comparative analysis of proposed projects in relation to the regional and national markets. GAGUS\ADMIN ISl'\ECONRFP. DOC «company» October 10, 2000 Page 3 • Advice in the structure of development proposal solicitations and review of proposals submitted • Advice on the market trends, product type and pricing of proposed market rate housing and on the affordability of Agency subsidized housing for low and very -low income households. Please submit the following documents for review by the Redevelopment Agency: • Statement of Qualifications for the firm • Resumes of the firm's principals and staff • List of current and past clients • At least three references that may be contacted for whom you have performed services similar to those solicited herein • The hourly rates for all firm members, overhead and other charges Please submit an estimate of the appropriation of funds necessary to procure the firm's services for one year. Two copies of your proposals for services are due on October 23, 2000. They are to be delivered to: Gustavo A. Duran, Housing and Redevelopment Manager Economic Development Department 2000 Main Street; Fifth Floor Huntington Beach, California 92648 No submittals will be accepted after the deadline. The Agency reserves the right to request amendments to submittals as part of the review process and the right to reject any and all submittals. All firms submitting do so at their own risk and are solely responsible for all costs involved in the preparation of the submittal, attendance at interviews or other meetings and any other expenses that may be incurred in facilitating the Agency's thorough review of the submittals. Should you have any questions, please feel to contact me at (714) 374-1529. Sincerely, Gustavo A. Duran Housing and Redevelopment Manager GAGUSWDNIINIST\ECONRFP. DOC ACOI�DM CERTIFIC E OF LIABILITY INS NCE i�io9iz000 PRODUCER (415)957-0600 FAX 15)957-0577 THIS CERTIFICATE SSUED AS A MATTER, OF INFORMATION Maroevich O'Shea & Coghl an 11L��hk Vhu�' ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE { HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR 425 Market Street C j��� ` pio, �iF po+3b ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. "Ith Floor n Francisco, CA 94105 INSURERS AFFORDING COVERAGE INSURED Keyser Marston Associates, Inc. INSURER A: Royal Insurance Company of America 55 Pacific Avenue Mall INSURERB: Republic Indemnity Co. of California San Francisco, CA 94111 INSURERC: Philadelphia Indemnity Insurance Company INSURER D: INSURER E: COVERAGES THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR LTR TYPE OF INSURANCE POLICY NUMBER POLICY EFFECTIVE DATE MM/DD/YY POLICY EXPIRATION DATE WM/DD/YY LIMITS A GENERAL LIABILITY X COMMERCIAL GENERAL LIABILITY CLAIMS MADE M OCCUR PSP045725 _ 11/11/2000 11/11/2001 EACH OCCURRENCE $ 11000,000 FIRE DAMAGE (Any one fre) $ 300,000 MED EXP (Any one person) $ 10,000 PERSONAL & ADV INJURY $ 1,000,000 GENERAL AGGREGATE $ 2,000,000 GEN'L AGGREGATE LIMIT APPLIES PER: POLICY PRO LOC JECT PRODUCTS - COMP/OP AGG $ 2,000,000 A ( AUTOMOBILE LIABILITY ANY AUTO ALL OWNED AUTOS SCHEDULED AUTOS HIRED AUTOS NON -OWNED AUTOS ST244650 - APPROVED AS TO P'' OP GAIT, 1�I-. _t :.�rl T .,x-h; ,. CITY ?,`.fiT01.{i,E-Y1 By: nP U .Z -1-tZr A 't0 11/11/2000 , � nE)Y 11/11/2001 _ COMBINED SINGLE LIMIT (Ea accident) $ 1 , 000 , 000 X BODILY INJURY (Per person) $ X BODILY INJURY (Per accident) $ X PROPERTY DAMAGE (Per accident) $ GARAGE LIABILITY ANY AUTO - AUTO ONLY - EA ACCIDENT $ OTHER THAN EA 4CC AUTO ONLY. AGG $ $ A EXCESS LIABILITY OCCUR a CLAIMS MADE DEDUCTIBLE RETENTION $ PLA244650 11/11/2000 11/11/2001 EACH OCCURRENCE $ 4,000,000 AGGREGATE $ 4,000,000 Retained Limit $ None $ $ B WORKERS COMPENSATION AND EMPLOYERS' LIABILITY 03954605 11/11/2000 11/11/2001 'A IOTH- X I TORY ITS LIMI ER E.L. EACH ACCIDENT $ 1,000,000 E.L. DISEASE - EA EMPLOYEE $ 11000,000 E.L. DISEASE - POLICY LIMIT $ 11000,000 C roessional Liability CL2004421 11/11/2000 11/11/2001 $1,000,000 Each Wrongful Act / $1,000,000 Aggregate Limit; $25,000 Deductible DESCRIPTION OF OPERATIONS/LOCATIONSNEHICLES/EXCLUSIONS ADDED BY ENDORSEMENT/SPECIAL PROVISIONS he City of Huntington Beach, its Agents, Officers and Employees are named as Additional Insured s their interest may appear as respects General Liability per attached endorsement. CERTIFICATE HOLDER I I ADDITIONAL INSURED: INSURER LETTER: CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE . .. EXPIRATION DATE THEREOF, THE ISSUING COMPANY WILL XlX MAIL 30 DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT, City of Huntington Beach 2000 Main Street Kl(�10�1(IIftXD(df�d�16X�(Xd(�f1C?Q�(lii�4iG�i)614)61QXf�(XX ii�(D�JFXcD6XA�;�doYXb)fANkxX�D(D(EXrD�(XXXXXXXX AUTHORIZED REPRESENTATIVE Huntington Beach, CA 92648 Sharon Voth/SVO AGUKU Z5-5 (1191) vHwKu wnrvrwlwry IV00 Keyser Marston Associates, Inc. Policy Number PSP045725 ADDITIONAIL INSUREDS BY CONTRACT, AGREEMENT OR PERMIT The following is added to Commercial General Liability Section II — Who is an Insured: A. Any person or organization you are required by a written contract, agreement or permit to name as an additional insured to name as an insured is an insured but only with respect to liability arising out of. 1. "Your work" performed for that insured at the location designated in the contract, agreement or permit; or 2. Premises owned or used by you. B. This insurance does not apply unless the contract, agreement or permit is executed prior to the "bodily injury" or "property damage". C. This insurance does not apply to the rendering of or failure to render any professional services. D. This insurance is primary if that is required by the contract, agreement or permit. GC 0330 1097 Royal Insurance Company of America • 1 6) CITY OF HUNTINGTON BEACH INTER -DEPARTMENT COMMUNICATION Economic Development Department To: Connie Brockway, City Clerk From: Gus Duran, Redevelopment and Housing Manager Subject: Professional Services Contracts, Chapter 3.03 Date: February 21, 2001 This memo is to confirm that the Department of Economic Development complied with the Professional Services solictation requirements of Chapter 3.03, Huntington Beach Municipal Code. The request for qualifications and proposals for economic analysis services were sent to the list of firms (attached) in October 2000. Three firms responded to the RFQ/RFP. City Council will be considering agreements with these firms at their March 5, 2001 meeting. ECONOMIST REQUEST FOR QUALIFICATIONS Shant Agajanian, Principal Agajanian and Associates 120 Newport Center Drive Suite 248 Newport Beach, CA 92660 Tel. (714) 640-0664 Fax (714) 640-0668 David A. Wilcox, Senior Vice President Economics Research Associates 10990 Wilshire Blvd Suite 1600 Los Angeles, CA 90024 Tel. (310) 477-9585 Fax (310) 478-1950 Stephen Copenhaver GRC & Associates 1340 S Valley Vista Drive Suite 120 Diamond Bar, CA 91765 Phone (909) 396-7714 Fax (909) 396-7913 Lawrence J. Arceniaux, Jr. President Katz Hollis 865 S Figueroa Suite 1300 Los Angeles, CA 90017-2543 Tel. (213) 629-3065 Fax (213) 623-9105 Jim Rabe/Kathe Head, Principal Keyser Marston Associates, Inc. 500 S Grand Ave Suite 1480 Los Angeles, CA 90017 Tel. (213) 622-8095 Fax (213) 622-5204 Frank Spevacek Rosenow Spevacek Group, (RSG) 540 N Golden Circle Suite 305 Santa Ana, CA 92705 Tel. (714) 541-4585 Fax (714) 835-1748 Carol Fredholm Sedway Group Wells Fargo Center 355 S. Grand Avenue Suite 3295 Los Angeles, CA 90071 (213)613-1800 (213) 217-4904 HdL Coren & Cone 2220 E. Alosta Avenue, Suite 205 Glendora, CA. 91740 Tel. 818.963.9044 Fax 818.335.8975 G:\GUS\ADM1N1ST\CONSU LTANTS. DOC 0 - 0 RCA ROUTING SHEET INITIATING DEPARTMENT: ECONOMIC DEVELOPMENT SUBJECT: Approve Economic Consultant Agreements with Keyser Marston and Associates, the Sedway Group, and the Rosenow, S evacek Group COUNCIL MEETING DATE: March 5, 2001 RCA ATTACHMENTS STATUS Ordinance (w/exhibits & legislative draft if applicable) Not Applicable Resolution (w/exhibits & legislative draft if applicable) Not Applicable Tract Map, Location Map and/or other Exhibits Not Applicable Contract/Agreement (w/exhibits if applicable) (Signed in full by the City Attome Attached Subleases, Third Party Agreements, etc. (Approved as to form by City Attome Not Applicable Certificates of Insurance (Approved by the City Attorney) Not Applicable Financial Impact Statement Unbud et, over $5,000 Not Applicable Bonds If applicable) Not Applicable Staff Report If applicable) Not Applicable Commission, Board or Committee Report If applicable) Not Applicable Find in s/Conditions for Approval and/or Denial Not Applicable EXPLANATION FOR MISSING ATTACHMENTS REVIEWED RETURNED FORWARDED Administrative Staff a- 30 Assistant City Administrator Initial City Administrator Initial City Clerk t EXPLANATION FOR RETURN OF ITEM: Saz, &&-i!; A / °Z J ��++ ee1. _ t %moo. t _v l t� ' rv!� RCA Author: Runzel