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y � ._. <br /> '1.3 <br /> � _ � _�.� . . � � <br /> � <br /> � `� '�' 4�� . <br /> REPOR T����.� � # . <br /> � � E <br /> . . . .J{..v ���#- �: '...�y � <br /> �, _ � , <br /> � �' :� e� +� �Y �Councit <br /> ���� � � � �, <br /> - . � <br /> � ��� �� � � �om;. ��C age <br /> r �� � �� � <br /> „. <br /> �. <br /> ���� ���., � ��, -�.�� <br /> Man r <br /> December 18, 2000 <br /> Subject . <br /> Consulting and Negotiation Services for the Redwood Shores Childcare Facility <br /> Recommendation <br /> It is recommended that the City Council authorize the City Manager to execute a contract <br /> with William Euphrat Municipal Finance, Inc. for consulting and negotiation services <br /> rendered in connection with the Redwood Shores Childcare Facility Project in an amount <br /> not to exceed $15,000.00. <br /> Background <br /> William Euphrat has provided consulting services to the City for a variety of projects over <br /> the past several years. In all situations, staff has been very pleased with Mr. EuphraYs <br /> level of expertise and responsiveness. <br /> In June 2000, Max Keech approached the City with a proposal to construct and operate <br /> a childcare facility on City-owned land in the Redwood Shores area. The City Council <br /> directed staff to negotiate a land lease and financing arrangement with Mr. Keech as <br /> conventional financing would not enable the proposed project to proceed.- <br /> In as much as the negotiations befinreen the City and Mr. Keech required a level of <br /> expertise not possessed by staff, and Council wanted these negotiations to proceed very <br /> quickly, a decision was made to retain Mr. Euphrat to negotiate on the City's behalf with <br /> Mr. Keech. <br /> Fiscal Impact <br /> Funds are available to pay Mr. Euphrat's fee of not more than $15,000.00 from developers' <br /> deposits made to the City to support childcare projects. <br /> � C �� � , <br /> Brian onry Corinne Centeno Edward Everett <br /> Finance Director Parks, Recreation and Ciry Manager <br /> Communiry Services Director <br /> _ __ _. _--___. ...._ _ <br />