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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: 14-01099 Date: 9/24/2014 Commission Meeting Date: 12,/_11/2014 Requesting Department: Public Facilities District Impacted: ALL Type: ® Resolution I I Ordinance I I Emergency Ordinance I I Discussion Item ❑ Other Law Department Matter ID No. Subject: Commission Approval for the First One (1) Year Option to Renew to Request for Proposal for (RFP.) Contract No. 369316 for Real Estate Leasing Services Purpose of Item: The nature of this item is to seek City Commission authorization for the City Manager to exercise the first one (1) year option to renew Request for Proposal (RFP) Contract No. 369316 between the City of Miami and WLS, L.C. d/b/a NAI Miami, pursuant to Resolution No. 13-0453, adopted November 21, 2013, for Real Estate Leasing Services, for the Department of Public Facilities, on an as -needed contractual basis; allocating funds from the various sources, subject to the availability of funds and budgetary approval at time of need. Background Information: On November 21, 2013, the City Commission adopted Resolution No. 13-0453, approving the City's award of RFP Contract No. 369316 to WLS, L.C. d/b/a NAI Miami for Real Estate Leasing Services for the Department of Public Facilities for an initial period of one (1) year, with the option to renew for four (4) additional one (1) year periods, with each renewal period being brought back for City Commission approval. The Department of Public Facilities has indicated the need to exercise the first one (1) year option to renew for RFP Contract No. 369316 with WLS, L.C. d/b/a NAI Miami for the continued provision of Real Estate Leasing Services. The contract amount is $64,600.00. Budget Impact Analysis NO Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: As required by the department. Special Revenue Account No: N/A CIP Project No: N/A NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: N/A Maintenance Cost: N/A Total Fiscal Impact: Subject to the availability of funds and budgetary approval at the time of need. Final Approvals SIGN AND DAT CIP N/A Budg If using or receiving capital funds Grants N/A Risk Management Purchasing Dept. Director Chief City Manage? Dona 1 ..F 1