Laserfiche WebLink
6.1 D <br /> Page 2 <br /> Amendment Na. 3 includes a schedule and budget for specific services as well an <br /> allocation for more general services to be provided on an as-needed, as-requested <br /> basis. The specific services {see Exhibit A) include the 2005 Implementation Plan <br /> Update required by Sta#e Law; an analysis of the impacts of an Articfe 34 election on <br /> housing production requirements, a preliminary review of the Fuller Street project pro <br /> forma; input regarding development incentives. The general services (see Exhibit B) <br /> are eonsistent with previous contracts and shal[ be performed only as and when <br /> requested by the Agency and within a schedule as mutually agreed upon. <br /> $237,000 in funding has been expended on KMA's services since July, 1999, an <br /> average af $30,581 per year. Amendment No. 3, if approved, would increase the <br /> funding for KMA services �y another $60,000, bringing the totaf approval funding to <br /> $312,000. This will provide sufficient funding for the specific services outlined rn Exhibit <br /> A, as weif as sufficient funds to keep KMA "on retainer" for whatever projects that may <br /> �merge over lll'L� �Cil� �%GQI� OI� SO C.�.S L/i�VJtitvJvii COilitCiUES t� attt'a�� licvv i��vestment and <br /> the Agency monitors and fulfills its obligations under State Redevelopment Law. <br /> Alternative <br /> Do not approve the Amendment and direct staff to seek praposals from other economic <br /> consultanfs. This is not recommended. Staff has developed a high level of canfidence <br /> in KMA's work and prefers ta continue building on the effective partnership that has <br /> evolved. KMA is also very familiar with the community and with the vision and goals <br /> outlined in the Downtown Precise Plan {DTPP) and will continue to be a valuable <br /> resource for development and economic issues that are sure to arise. <br /> Fiscal Impact <br /> Funds are available in "Professiona! Services" as part of the Agency's Fiscal Year <br /> 2006/07 �perating Budgets for both Housing Set-Aside Funds and General <br /> Redevefo�mer± �"RDA") Fun�+s. F�:nd:n� v:�i!! bs split 75/25 w�ith $45,OOQ f�r ha�sing <br /> related services and $15,OOa for general RDA services. This split is based upon the <br /> focus on housing in the DTPP. The $100,000 in funding approved for the second <br /> amendment was also split between hausing and general RDA funds, as needed. It took <br /> almost 3 years to use all of the funding approved in June, 2004. <br /> ;'', ,/ <br /> i" ° � <br /> , <br /> -�... �.,� 2'J ,��-� <br /> usan Moeller atricia J. Webb <br /> Redevelopment Manager Ho�sing & Economic Dev�lapment <br /> Manager - <br /> ±�'"� r <br /> , <br /> � / ,� i1/ <br /> , ._..--.... . <br /> � ��;�r�r: <br /> � U;. <br /> Peter Ingram Ed Everett <br /> Executive Director' City Manager <br /> Attachment: Amenctment No. 3 <br />