AgdaPkt 2010-07-12 - Laserfiche WebLink

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6.1C Page 1 REPORT To the Honorable Mayor and City Council From the City Manager July 12, 2010 SUBJECT Amendment No.2 to Professional Services Agreement with Keyser Marston Associates (KMA) related to the "Stanford in Redwood City" Project RECOMMENDATION Approve, by motion, Amendment No.2 of the professional services agreement with KMA in the amount of $57,627 for the "Stanford in Redwood City" Project. BACKGROUND Stanford University has submitted an application for a new "Stanford in Redwood City" campus. The project would occupy a 35-acre portion of a larger 48-acre (former Mid-Point Technology Park) campus that is intersected by Broadway and generally bounded by Highway 101, Douglas Avenue, Bay Street and Second Avenue. The proposal would replace 537,000 square feet of existing Research and Development (R&D) building space with approximately 1,518,000 square feet of administrative office space and to a lesser extent medical clinic and R&D uses. The proposed concept plan would triple the size of the existing campus with up to 13 commercial buildings and four parking structures. On March 23, 2009, the City executed an agreement with KMA to prepare a Fiscal & Economic Analysis for the Stanford in Redwood City Project. The original agreement was in the amount of $140,800. On May 15, 2009, the City Council approved Amendment No.1 that involved only text changes to the original agreement. KMA is now requesting an amendment in the amount of $57,627 to cover the cost of additional meetings and analysis that were not anticipated under the original contract. This amendment brings the total cost of the consultant's scope of work to $198,427. Stanford and staff agreed on the components of the additional scope and Stanford has agreed to fund the completion of these additional tasks (Attachment 1). Staff will continue to coordinate this study with the other studies being undertaken for this project including the Housing Impact Analysis, Childcare Analysis, Environmental Impact Report and Precise Plan. ALTERNATIVE Council may chose not to approve contract amendment No 1 with KMA and direct staff to modify the scopes of work, work with another consultant or perform the work in-house. Additional staff resources would be required. FISCAL IMPACT The development proposal is subject to the City's cost recovery system. The developer has submitted deposits to cover the cost of staff time needed to review and process the development 1