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HomeMy WebLinkAboutROSENOW SPEVACEK GROUP, INC. - 2001-03-05 �1 �, �► CITY OF HUNTINGTON BEACH w r 2000 MAIN STREET CALIFORNIA 92648 OFFICE OF THE CITY CLERK CONVE BROCKWAY Ct'TY CLERK LETTER OF TRAhSNLIITTAL OF ITEM APPROVED 11Y T11E CITY COUNCIL/ REDEVELOPMENT AGENCY OF TIIF CITY OF 13Uti71 GTON REACH DATE: Marta 12, 2001 TO. Rosenow Spevacek Group, Inc. ATTENTION,*: James Simon • Name 540 N. Golden Circle DEPARTINIENI: Street Santa Ana—CA 92705-3914 REGARDING: Professional Services City,state,zip Contract — Economic Advisor Services See Attached Action Agenda Item r-9 Date of Approval Enclosed For Your Records Is An Executed Copy Of The Above Referenced Agenda Item. dmz� Remarks: (y Connie Brockway City Clerk/Agency Clerk Attachments: Action Agenda Page 2L Agreement,._ Bonds Insurance x RCA Deed Other CC: D. Biggs Econ. Deve x x x Name Depwttent RCA A;reement Insurance Other C. Runzel Econ. Dev. x x x Name Departttxnt RCA Atr..t Insurance Other Manx Department RCA Agreement Insurance Ot.Ler Name Department RCA A=reenent Insurance Other C. Mendoza x x x Risk Management Dept. Insurance t tTviephone:714-59£-5227 f (10) - D' t)W, �(-Pl NN. Council/Agency Meeting Held: 0�-05-0� Deferred/Continued to: Aa roved ❑ Conditionally Approved ❑ Denied Btf• WC ignature ouncil Meeting Date: March 5, 2001 Department ID Num er: ED-Qf=08 CITY OF HUNTINGTON BEACH REQUEST FOR COUNCILIAGENCY ACTION > SUBMITTED TO: HONORABLE MAYOR/AGENCY CHAIRMAN AND CITY COUNCIL MEMBERS/REDEVELOPMENT AGENCY MEMBERS SUBMITTED BY: RAY SILVER, City Administrator/Executive Director0") PREPARED BY: DAVID C. BIGGS, Econoric 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,Attachmentts) 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: 'i. 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 �1 REQUEST FOR COUNCILIAGENCY ACTION 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): . • . � - 1 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- 02126101 11:19 AM Professional Services Agreement between the Redevelopment Agency and the Rosenow, Spevacek Group PROFESSIONAL SERVICES CONTRACT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH AND ROSENOW SPEVACEK GROUP,INC. FOR ECONOMIC ADVISOR SERVICES THIS Agreement is made and entered into this St.h—day of March 2001,by and between the Redevelopment Agency of the City of Huntington Beach, corporate body,public and politic, hereinafter referred to as"AGENCY," and ROSENOW SPEVACEK GROUP,a California corporation,hereinafter referred to as "CONSULTANT." WHEREAS, AGENCY desires to engage the services of a consultant to provide economic advisor services; and Pursuant to documentation on file in the office of the Agency 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 AGENCY 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 20, 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 AGENCY shall assign a staff coordinator to work directly with CONSULTANT in the performance of this Agreement. t 4's:4-2000 Agree: Agency-Spevacek Group RLS 2000-1156 12-20.00 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 pennission of AGENCY. The time for performance of the tasks identified in Section 1 are generally to be shown in the Scope of Services on the`York Progam/Project Schedule. This schedule maybe amended to benefit the PROJECT if mutually agreed by AGENCY and CONSULTANT. 4. COMPENSATION In consideration of the performance of the services described herein,AGENCY agrees to pay CONSULTANT on a time and materials basis at the rates identified on Exhibit "A,"a fee not to exceed Seventy-five Thousand Dollars (S75,000.00). 5. EXTRA WORK In the event AGENCY 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 AGENCY. Additional compensation for such extra work shall be allowed only if the prior written approval of AGENCY is obtained. G. 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. 2 44:4-2000 Agmc: Agency-Spevacek Croup ELLS 2000-1156 12-20-00 B. Delivery of work product: A copy of every memorandum, letter,report, calculation and other documentation prepared by CONSULTANT shall be submitted to AGENCY to demonstrate progress toward completion of tasks. In the event AGENCY rejects or has comments on any such product,AGENCY shall identify specific requirements for satisfactory completion. Any such product which has not been formally accepted or rejected by AGENCY shall be deemed accepted. C. CONSULTANT shall submit to AGENCY 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 certi tication 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 AGENCY is satisfied that CONSULTANT is making satisfactory progress toward completion of tasks in accordance with this Agreement,AGENCY shall promptly approve the invoice, in which event payment shall be made within thirty(30)days of receipt of the invoice by AGENCY. Such approval shall not be unreasonably withheld. If AGENCY does not approve an invoice,AGENCY 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 3 41s:4-:000 Agree: Agcncy-Spcvacck Group RLS 2000-1156 12-20-00 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. D. Any billings for extra work or additional services authorized by AGENCY shall be invoiced separately to AGENCY. 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 AGENCY if the work performed is in accordance with the extra work or additional services requested,and if AGENCY 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, shall be turned over to AGENCY 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 AGENCY in the completion of the PROJECT or as it otherwise sees fit. Title to said materials shall pass to AGENCY 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 hold harmless AGENCY, its officers, officials, employees,and agents from and against any and all liability, loss,damage, 4 4:s:4-2000 Agree: Agency-Spcvacek Group RLS 2000-1 1 56 i2-20-00 damage,expenses,costs (including without limitation, costs and fees of litigation of every nature) arising out of or in connection with CONSULTANTs performance of this Agreement or its failure to comply with any of its 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 AGENCY. AGENCY shall be reimbursed by CONSULTANT for all costs and attorneys fees incurred by AGENCY 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 cvery 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 AGENCY from and against all claims,demands, payments,suit, actions,proceedings,and judgments of every nature and description, including attorneys fees and costs presented,brought or recovered against the AGENCY, 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 under this Agreement. CONSULTANT shall maintain workers' compensation insurance in an amount of not less than One Hundred Thousand Dollars(S 100,000)bodily injury by accident,each occurrence,One Hundred Thousand Dollars(S 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 work-ers' compensation insurance for all of the subcontractors' employees. CONSULTANT shall furnish 5 Ws:4-2000 Agree: Agency-SMacek Group RLS 2000-1156 12-20.00 V to AGENCY a certificate of waiver of subrogation under the terms of the workers' compensation insurance and CONSULTANT shall similarly require all subcontractors to waive subrogation. 10. GENERAL LIABILITY INSURANCE In addition to the workers' compensation insurance and CONSULTANT's covenant to indemnify AGENCY,CONSULTANT shall obtain and furnish to AGENCY,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 not less than the following amount: combined single limit bodily injury and property damage, including prod uctslcompleted 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 S1,000,000 for this PROJECT. The policy shall name AGENCY, 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 sel(- 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 6 4's:4-2000 Agree: Agency-Spevacek Group RLS 2000-1156 12-20-00 professional liability in an amount not less than 51,000,000 per occurrence and in the aggregate. A claims-made policy shall be acceptable if the policy further provides that: 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 AGENCY 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. 7 Vs-4-2000 Agree: Agency-Spevacck Group RLS 2000-1156 12-20-00 CONSULTANT shall maintain the foregoing insurance coverages in force until the work under this Agreement is fully completed and accepted by CITY. The requirement for carrying the foregoing insurance coverages shall not derogate from the provisions for indemnification of AGENCY by CONSULTANT under the Agreement. AGENCY 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 AGENCY. 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. AGENCY 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 AGENCY 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 AGENCY,become its property and shall be delivered to it by CONSULTANT. 8 4's:4-2000 Agree: Agency-spevacek Group RL5 20W-1156 12-20-00 V 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"vithout the express written consent of AGENCY. 16. COPYRiGFITS/PATENTS AGENCY shall own all rights to any patent or copyright on any work,item or material produced as a result of this Agreement. 17. AGENCY EMPLOYEES AND OFFICIALS CONSULTANT shall employ no AGENCY official nor any regular AGENCY employee in the work performed pursuant to this Agreement. No officer or employee of AGENCY shall have any financial interest in this Agreement in violation of the applicable provisions of the California Goverrunent Code. 18. NOTICES Any notice or special instructions required to be given in writing under this Agreement shall be given either by personas delivery to CONSULTANT's agent(as designated in Section 1 hereinabove)or to AGENCY's Director of Economic Development as the situation shall warrant,or by enclosing the same in a scaled envelope,postage prepaid,and depositing the same in the United States Postal Service, addressed as follows: TO AGENCY: TO CONSULTANT: Director of Economic Development Mr.James Simon Redevelopment Agency of the Rosenow Spevacek Group,Inc. City of Huntington Beach 540 N. Golden Circle 2000 Main Street Santa Ana, CA 92705-3914 Huntington Beach, CA 92648 9 41s:4-2000 Agree: Agency-Spevacek Group RLS 2000-1156 12-20-00 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 2I. 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 to 41s:4-2000 Agree: Agency-Spcvacek Croup RLS 2000-1156 12-20-00 V commission of any act contrary to law, and wherever there is any conflict between any provision contained herein and any present or future statute, 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 AGENCY agree that AGENCY 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/Agency General Counsel is the exclusive legal counsel for AGENCY; and AGENCY shall not be liable for payment of any legal services expenses incurred by CONSULTANT. 11 4.'s-4-2000 Agree: Agency-Spevacek Group R1S 2000-1156 12.20-00 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 CITY OF HUNTINGTON BEACH,a ROSENOW SPEVACEK GROUP, INC., municipal corporation of the State of a California corpo n California print name ITS: (circle are)Chairma Presidcn ice President Chairman AND ATTEST: BY: �-G / t'� Agency Clerk g Y - rG�,ow - print name APPROVED AS TO FORK' ITS: (circle one)Secretary' ief Financial Offe /Asst. Secretary—Treasurer Al f� cAgency General Counsel \�1 REVIEWED AND APPROVED: RV;1101q" - INa.Y91ED AND APPROVED: Executi% Director on /),a Vecto- 4 o Economic cge 12 4!s:4-2000 Agree: Agency-Spevacek Group RLS 2000-1156 12-20-00 v u EXHIBIT A Y k } 1wOf II i I i I I I I I � �� � 1 _ � •i ` I k I � I � ' I } , I ,•; � �I I I I I •l {5` I r � I r I I I i I I I { I I I I I I 4 l I � Company :N _� �` Prof,le r 1111_ �, ,,, Who do you want to help bitild),our community 2 A firm that is founded on seasoned professional staff with broad public and private experience. One that creates customized solutions, springing from understanding your unique set of • Rcdevela�irne�el Planning challenges. And one that can surface unresolved issues and • Real Estate Economics implement solutions,before it's too late. • Financing ` • Real Estate t[cquisitimi You need a company-that will dedicate a principal to your project, and keep the same personnel throughout all stages of an • housing assignment. Their staff is passionate about what they do. • Government Services Realistically, they must be able to set timetables and budgets-- • Economic Development and stick to them--and to operate in the 21 st century, with integration of computer applications into every project. 1 Enter Rosenow Spevacek Group, Inc. These qualities define RSG, and they are the reason we have long-term relationships with our clients. who repeatedly trust us with additional assignments--many of whom we have served for nearly 20 years. ]?SGID Relpi ncg you realize yow- vision. R e' n 6y' �Jpe :1k1Q6u' p" ,'1- Inc"',, Real .Estate Economics .,..... --- • Pro Forma Deve4menI dr For two decades, Rosenow Spcvacek Group, Inc. has provided Alarld Analysis economic, redevelopment, and real estate Consulting services to • Project Structuring& both public agencies and private participants in the community Financing development process. • Dave ment Ah•r'eemenl Negotiation Throughout California, RSG has advised our clients on a variety • Deve4er Solicitation of real estate projects,including. • Economic Impacl Analysis • Auto dealemhips/malIs • Hotel,motel and resort projects • Housing • Industrial projects • Infill Projects • Master planned communities • Mixed use developments • Office projects :R —CGdoes not just • Recreational uses •crunch number-=—fAey • Regional shopping malls brought a unique insight . Retail Centers to ourproject and Meir • Site reuse cr disilityand . Urban entertainment centers F outstanding reputation . PA puLhc agencies was In total,RSG's real estate economic services have resulted in the a great asset to our company andprolect" development of over 4 million square feet of commercial, Jim hulicLa, industrial, and office uses, and 5,500 affordable and market rate Homeplaae Retirement housing units. Communities of America. The RSG consultant team brings our clients a wealth of knowledge in real estate economics—not only from our collective 100 years of providing these services, but also our first-hand experience in real estate brokerage,development, and project design. RSG has been involved in analyzing projects exceeding SIO billion in volume. Formulating innovative solutions, attention to detail and adherence to project schedules are signatures of our service. Ro' If rGlro'up"! 'Inc�- .Kcal Estate economics Pro Forma Development &.A1arl et Analysis RSG brings a consultant team comprised of former real estate investors, developers and public sector officials that know how to analyze and evaluate real estate transactions. Project Structuring&Financing Our clients trust RSG to advise on crafting appropriate development assistance packages that balance the developer and community's int:rests. Development Agreement Negotiation Once the principal business points have been established, RSG's development insights enable our clients to confront and overcome issues that arise as the deal is refined. 1 Doveloper Sn CM2tfon _ Driven to help our clients achieve their community development ambitions,RSG understands how to effectively stimulate interest from capable developers. Economic Impact Analysis Today,it's just not enough to know how much a project will cost and how much revenue it will generate. When public agencies and developers want to know the ongoing municipal, employment, and secondary impacts of projects, they look to RSG. Billing Policies �. RSG will charge for its services rendered on a time-and-materials basis, in accordance with the following Fee Schedule: Principal $150 Senior Associate $125 Associate/Acquisition Agent $100 Senior Analyst $ 85 Analyst $ 75 Research Assistant/Real Estate Technician $ 65 Word Processor $ 45 Clerical $ 35 Reimbursables.......................................Cost,plus 10% It is RSG's policy to not charge clients for mileage, parking, telephone/fax expense, postage, and incidental copies. We do,however, charge for additional insured certificates,messenger services,Express Mail/Federal Express costs,and copies of reports, documents, notices and support material in excess of five (5) copies. These costs are charged at actual expense,plus a 10%surcharge. osenom p....acekGrot October 9, 2000 «name» «company» «address» ((City)) Re: Economic Advisor Services Dear nname»: 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. 9. 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 player 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 redevelcpment 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. G1GUS'AD1.11NIST%C0NRFP.D0G «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. Durbn, 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 facilitat;ng 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. Durtn Housing and Redevelopment Manager G:1GVS41DM1N1ST\ECONRFP.DOC FEE-22-2001 10:39 COCIA 949 752 2950 P.02iO3 �Rp CERTIFICA'r?OF LIABILITY INSURANCi,_1 `ATFEB2201 PRCOUCER THIS CERTIFICATE IS kUL)ED AS A MATTER OF INFORMATION ONLY AND GELKER d ROHRER INSURANCE AGENCY CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. TINTS CERTIFICATE 2402 IV..ICHELSON,SUITE 100 DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE IRVINE CA 92612 POLICIES 8[LOW. PHONE: 949462j900 FAX: 944 752.29SO Agency Ucs:0560758 COMPANIES AFFORDING COVERAGE INSJRED h VA COMPANY& CRA -` ROSENOW SPEVACEK GROUP INC C `��•ry ok Cpl, ANY B EVEREST NATIONAL INSURANCE COMPANY tv I'- 540 N GOLDEN CIR 005 ` Ro 00 3 COMFANY C: ROYAL SURPLUS LINES INSURANCE CO �— SA4TA ANA CA 92705 CORIPILFIY Q: COMPANY E- . TH" IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN NSSUEO TO THE INSURED HALTED ABOVE FOR THE POLICY PERIOD INOrCATED. NO-WITHSTANOwG ANY REQUIREMENT, TERM OR CONDITION Of ANY CONTRACT CR OT14ER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE LSSuED OR MAY PERTAIy, THE INSURANCE AFFORDED DY THE POLICIES DESCRIBED HEREIN Iq SUBJECT TO ALLTmt TERuS. [YCLUSIONS AND CONDITIONS OF SUC"PoL"3 LIMTS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAMS M!OF OLSURANCE POLICY NUMBER POLICY r"ECTIVE POLICY L IRA►101• -gym GENERAL LIABILITY B 1027765751 JAN 14 01 JAN 14 02 EACH OCCURRENCE 3 - 1.Ca0.000 X COAIMERCUILGENERALLIABILITY FIRE DAMAGE I"One Firs) s 100.000 CLAIMS MACE 91 OCCUR I MED EXP(Any One Porwl S 5,000 A PERSONAL S ADV K)URY S _1-000,000 GENERAL AGGREGATE s 1,000,000 GENL AGGREGATE Lmr APPLIES PER PRODUCTS-COMPIOP = s 1,000,000 POLICY ..,T I ILO, I I AUTONKMLE L"UFTY B 1027755765 JA,414 01 I JAN 14 C2 I COM37NED SINGLE LIIFIT � 1,000,000 ANY AUTO r i{F,Nwe�anr) I ALL NE OWO AUTOS BODILY INJURY CAIL L'?.; «PrrlwrrX SCHEDULED AUTOS I X HIRED AMOS -'1" + . SDDILY INIIJRY 3 �( NON-DWNED AUTOS 4ey IPM Ba wtl e• aty .1Y ttor PROPERTY DAMAGE B y- 1 GARAGE LIABILITY AUTO ONLY•EA ACCIDENT 13 ANY AUTO OTHER THAN EAACC s �AUTOONLY AGG IS •'— alcEss LIABILITY 8 1027755755 ` JAN 14 01 [ JAN 14 02 EACH OCCURRENCE S _ 1,00_0.000 X OCCUR ❑ CLAIMS MACE 1 AGGRECATE i 1,000.000 A s DEDUCTIBLE RCTIENTON WOR"WSCCftPENSATION AND 3DODODE166-0T1 JAN 14 OS JAN 14 02 l l,"'tisT"Tw OrHNrR [wPLOYIR{'LIAB0.TTY i[E.L�EAGN ACt>t�►r7 s 7.CD0.00D_ B E L.DISEASE-EA EMPLOYEE IS _1.000,000 J E L.DLSEASE�POLICY LIMIT 13 1,000,000 OTHER:PROFESSIONAL KZ0523516 MAR 1 00 MAR 1 01 IS1,000,000 AGGREGATE iC LIABILITY I S 5,000 DEDUCTIBLE CESCRlPTION OF OPER.A71ONSILOCATIONSJVEI-fICLESJSPECIAL ITEMS SEE SUPPLEMENTAL CERTIFICATE INFORMATION HOLDER I IAOOnMNALINSUOIEM.INSUPtEltLETTER: _ fIC TI SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE REDEVELOPMENT AGENCY OF THE EXPIRATION DATE TREREOF.THE ISSUING COMPANY WILL MAIL 30 DAYS WRITTEN CITY OF HUNTINGTON BEACH NICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT 2000 MAIN STREET WJN71NGTON BEACH.CA 92648 AUTHORUED REPRESENTATA E i Attention: DIRECTOR OF ECONOMIC DEVELOP ACORD 25.3(7I97) Certificate t 15288 FIB-22-2001 10:47 949 752 2950 99: P.02 FEB-22-2001 10:39 CUCIA 949 752 2950 P.03/03 TE SUPPLEMENT T6�-RTIFICATE OF LIABILIT ,,,INS #15288 F S 22 01 DESCRIPTION OF OPERATIONS►LOCATIONSNERICLESISPECIAL ITEMS ADDITIONAL INSURED WITH RESPECTS TO:GENERAL LIABILITY.COMMERCIAL AUTO,WORKERS COMP AND EXCESS LIABILITY: CITY OF HUNTINGTON BEACH,ITS AGENTS,OFFICERS AND EMPLOYEES AND WHEN APPLICABLE,THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH. THE INSURED IS AMENDED TO INCLUDE AS AN INSURED THE PERSON OR ORGANIZATION SHOWN IN THE SCHEDULE,BUT ONLY WITH RESPECT TO LIABILITY ARISING OUT OF"YOUR WORK"FOR THE INSURED BY OR FOR YOU. TEN(10)DAY NOTICE FOR CANCELLATION FOR NON-PAYMENT OF PREM-UMS Certificate* 15288 TOTAL P.03 FEB-22-2001 10:47 949 752 2950 99: P.03 3.03 � 1 CITY OF HUNTINGTON BEACH INTER-DEPARTMENT COMMUNICATION Economic Development Department To: Connie Brockway, City Clerk From: Gus Duran, Redeveldpment 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. R r • ECONOMIST REQUEST FOR QUALIFICATIONS Shant Agajanian, Principal Jim Rabe/Kathe Head, Principal Agajanian and Associates Keyser Marston Associates, Inc. 120 Newport Center Drive Suite 248 500 S Grand Ave Suite 1480 Newport Beach, CA 92660 Los Angeles, CA 90017 Tel. (714) 640-0664 Tel. (213)622-8095 Fax (714) 640-0668 Fax (213)622-5204 David A.Wilcox, Senior Vice President Frank Spevacek Economics Research Associates Rosenow Spevacek Group, (RSG) 10990 Wilshire Blvd Suite 1600 640 N Golden Circle Suite 305 Los Angeles, CA 90024 Santa Ana, CA 92705 Tel. (310)477-9585 Tel. (714) 541-4585 Fax (310)478-1950 Fax (714)835-1748 Stephen Copenhaver Carol Fredholm GRC &Associates Sedway Group 1340 S Valley Vista Drive Suite 120 Wells Fargo Center Diamond Bar, CA 91765 355 S. Grand Avenue Suite 3295 Phone (909) 396-7714 Los Angeles, CA 90071 Fax (909) 396-7913 (213)613-1800 (213)217-4904 Lawrence J. Arceniaux,Jr. President Katz Hollis HdL Coren & Cone 865 S Figueroa Suite 1300 2220 E.Alosta Avenue, Suite 205 Los Angeles, CA 90017-2543 Glendora, CA. 91740 Tel. (213)629-3065 Tel. 818.963.9044 Fax (213)623-9105 Fax 818.335.8975 G:1GU3\ADfXNIS=0NSULTANTS.D0C