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HomeMy WebLinkAbout7/1/2009 - STAFF REPORTS - 2.L. ;O�pALM SA4 ry u n 4� CITY COUNCIL STAFF REPORT DATE: July 1, 2009 Consent Calendar SUBJECT: AWARD CONTRACT WITH NBS GOVERNMENT FINANCE GROUP FOR ASSESSMENT DISTRICT ADMINISTRATION FROM: David H. Ready, City Manager BY: Department of Finance and Treasury SUMMARY NBS Government Finance Group (NBS) has been providing the City of Palm Springs with assessment district administration services for several years. The City currently has 5 active A.D.'s, and, 9 active Lighting & Landscape Maintenance Districts. The total expected costs are $28,800, all of which will be paid for by the assessment districts. No General Fund monies will be used. RECOMMENDATION: 1. Award a contract with NBS Government Finance Group (NBS) of Temecula, CA, for assessment district administration services for FY 09-10 in an amount not-to- exceed $28,800. 2. Authorize the City Manager to execute all necessary documents. STAFF ANALYSIS: NBS will perform all the duties noted in the Scope of Services as per their Proposal. The administration of the 5 active A.D.'s, including an estimate for the costs of delinquency management, will be $25,538. This is an average cost of about $33 per property. If the delinquency management costs begin to exceed the contract limit, an amendment to the contract will be submitted to Council at a future date. The costs of putting the 9 Landscaping and Lighting Districts on the property tax rolls will be at the rate of $250 per district, for a total of $2,250. This also includes researching and correcting parcel splits, sales of parcels to non-taxable entities, etc. h, t ITEM NO. City Council Staff Report July 1, 2009 -- Page 2 NBS Contract for Assessment District Administration The total cost of all services from NBS for FY 09-10 under this contract is estimated not to exceed $28,800. Section 7.04.030 of the Municipal Code provides that the City Council may authorize the acquisition of supplies, equipment or services without competition when it is determined that an unusual or unique situations exists, in that due to experience and expertise demonstrated in prior contracts with the city a particular contractor is uniquely qualified for a particular task, that makes the application of all requirements of competitive sealed bidding or competitive sealed proposals contrary to the public interest. Pursuant to the requirements of Section 7.04.030, the Procurement Manager and the Director of Finance have determined that the prior contract performance and special expertise of NBS for assessment district administration services is acceptable and will adequately protect the public interest in that the total cost of the services to be provided will likely be equal to or less than what could be obtained through an independent City competitive process at this time. FISCAL IMPACT: All of the costs of this contract will be borne by the A.D.'s or the Landscaping & Lighting Maintenance Districts. There is no General Fund Impact. - Geoffrey S. Kiehl David H. Ready Director of Finance and Treasurer City Manager Attachment: Contract Services Agreement f f CONSULTING SERVICES AGREEMENT With NBS for 1915 Act District Administration Services THIS AGREEMENT FOR CONSULTING SERVICES (the ",Agreement") is made and entered into this_day of , 2009,by and between the City of Palm Springs,a California charter city and municipal corporation ("City"), and NBS Government Finance Group (dba NBS) ("Consultant"). RECITALS 'A. City requires the services of a professional consultant to provide district administration services for current and future assessment districts. B_ Consultant has submitted to City a proposal to provide 1915 Act District Administration Services for current and future districts pursuant to the terms of this Agreement. C. Based on its experience, education, training, and reputation, Consultant is qualified to provide the necessary services to City for the Project and desires to provide such services. D. City desires to retain the services of Consultant for the Project. NOW, THEREFORE, in consideration of the promises and mutual agreements contained herein, City agrees to retain and does hereby retain Consultant and Consultant agrees to provide services to the City as follows: AGREEMENT L CONSULTANT SERVICES 1.1 Scope of Services. In compliance with all terms and conditions of this Agreement, Consultant shall provide 1915 Act Assessment District Administration Services as described in the Scope of Services/Work Proposal attached to this Agreement as Exhibit"A" and incorporated herein by reference (the "services" or "work"), which includes the agreed upon schedule of performance and the schedule of fees. Consultant warrants that all services and work shall be performed in a competent, professional, and satisfactory manner in accordance with all standards prevalent in the industry. In the event of any inconsistency between the terms contained in the Scope of Services/Work Proposal and the terms set forth in the main body of this Agreement, the terms set forth in the main body of this Agreement shall govern. 1.2 Compliance with Law. All services rendered under this Agreement shall be provided in accordance with all laws, ordinances, resolutions, statutes, rules, and regulations of City and any federal, state, or local governmental agency of competent jurisdiction. 1.3 Licenses and Permits. Consultant shall obtain at its sole cost and expense such licenses, permits, and approvals as may be required by law for the performance of the services required by this Agreement. 5076392 Revlsed;5fE/fie t i` r i3 i 1.4 Familiarity with Work By executing this Agreement, Consultant warrants that it has carefully considered how the work should be performed and fully understands the facilities, difficulties, and restrictions attending performance of the work under this Agreement. 2. TIME FOR COMPLETION. 1 The time for completion of the services to be performed by Consultant is an essential condition of this Agreement. Consultant shall prosecute regularly and diligently the work of this Agreement according to the agreed upon schedule of performance set forth in Exhibit "A". Consultant shall not be accountable for delays in the progress of its work caused by any condition beyond its control and without the fault or negligence of Consultant. Delays shall not entitle Consultant to any additional compensation regardless of the party responsible for the delay. 3. COMPENSATION OF CONSULTANT PANT 3.1 Compensation of Consultant. For the services rendered pursuant to this Agreement, Consultant shall be compensated and reimbursed, in accordance with the schedule of fees set;Forth in Exhibit"A"for a total amount that shall not exceed$28,800.00. f3.2 Method of Payment. In any month in which Consultant wishes to receive payment, Consultant shall no later than the first working day of such month, submit to City in the form approved by City's Controller, an invoice for services rendered prior to the date of the invoice. Payments shall be based on the rates as set forth in Exhibit"A" for authorized services performed. City shall pay Consultant for all expenses stated thereon, which are approved by City consistent with this Agreement,within thirty (30) days of receipt of Consultant's invoice. 3.3 Changes. In the event any change or changes in the Scope of ServicesAVork is requested by City, the parties hereto shall execute a written amendment to this Agreement, j setting forth with particularity all teens of such amendment, including, but not limited to, any additional fees. An amendment may be entered into: A. To provide for revisions or modifications to documents or other work product or work when documents or other work product or work is required by the enactment or revision of law subsequent to the preparation of any documents, other work product, or work; B. To provide for additional services not included in this Agreement or not customarily famished in accordance with generally accepted practice in Consultant's profession. 3.4 ApproRriatitons. This Agreement is subject to and contingent upon funds being appropriated therefore by the City Council of City for each fiscal year covered by the Agreement. If such appropriations are not made, this Agreement shall automatically terminate without penalty to City. 4. PERFORMANCE SCHEDULE 4.1 Time of Essence. Time is of the essence in the performance of this Agreement. 5075392 2 Revised:5008 f 4.2 Schedule of Performance. All services rendered t r pursuant to this Agreement V shall be performed pursuant to the agreed upon schedule of performance set forth in Exhibit"A". The extension of any time period must be approved in writing by the Contract Officer. 4.3 Force Maieure. The time for performance of services to be rendered pursuant to this Agreement may be extended because of any delays due to unforeseeable causes beyond the control and without the fault or negligence of Consultant, including, but not limited to, acts of God or of a public enemy, acts of the government, fires, earthquakes, floods, epidemic, quarantine restrictions, riots, strikes, freight embargoes, and unusually severe weather if Consultant shall within ten(10) days of the commencement of such condition notify the Contract Officer who shall thereupon ascertain the facts and the extent of any necessary delay, and extend the time for performing the services for the period of the enforced delay when and if in the Contract Officer's judgment such delay is justified, and the Contract Officer's determination shall be final and conclusive upon the parties to this Agreement. 4.4 Term. Unless earlier terminated in accordance with Section 9.5 of this Agreement, this Agreement shall continue is full force and effect for Fiscal Year 09-10, commencing on duly 1, 2009 and ending June 30, 2010, unless extended by mutual written agreement of the parties, 5. COORDIN,ATION OF WORK j 5.1. Representative of Consultant. The following principal of Consultant is hereby designated as being the principal and representative of Consultant authorized to act in its behalf with respect to the services and work specified herein and make all decisions in connection therewith: David Schroeder, Senior Consultant. It is expressly understood that the experience, knowledge, education, capability, and reputation of the foregoing principal is a substantial inducement for City to enter into this Agreement. Therefore, the foregoing principal shall be responsible during the term of this Agreement for directing all activities of Consultant and devoting sufficient time to personally supervise the services hereunder. The foregoing principal may not be changed by Consultant without prior written approval of the Contract Officer. 5.2 Contract Officer. The Contract Officer shall be the City Manager, or his/her designee. It shall be the Consultant's responsibility to keep the Contract Officer, or his/her designee, fully informed of the progress of the performance of the services and Consultant shall refer any decisions that must be made by City to the Contract Officer. Unless otherwise specified herein,any approval of City required hereunder shall mean the approval of the Contract Officer. 5.3 Prohibition Against Subcontracting or Assi nment. The experience, knowledge, education, capability, and reputation of Consultant, its principals and employees, were a substantial inducement for City to enter into this Agreement. Therefore; Consultant shall not contract with any other individual or entity to perform in whole or in part the services required hereunder without the express written approval of City. In addition, neither this Agreement nor any interest herein may be assigned or transferred, voluntarily or by operation of law, without the prior written approval of City. 507699,2 3 Revised 5005 t� i I 5.4 Independent Contractor. Neither City nor any of its employees shall have any control over the manner, anode, or means by which Consultant, its agents or employees,perform the services required herein, except as otherwise set forth herein. Consultant shall perform all services required herein as an independent contractor of City and shall not be an employee of City and shall remain at all times as to City a wholly independent contractor with only such obligations as are consistent with that role; however, City shall have the right to review Consultant's work product, result,and advice. Consultant shall not at any time or in any manner represent that it or any of its agents or employees are agents or employees of City. 5.5 Personnel. Consullant'agrees to assign the following individuals to perfoini the services set forth herein. Consultant shall not alter the assignment of the following personnel without the prior written approval of the Contract Officer. Acting through the City Manager,the City shall have the unrestricted right to order the removal of any personnel assigned by Consultant by providing written notice to Consultant. Name: 'Title: Mike Rentner President and C.E.a. Dave Ketcham Director David Schroeder Senior Consultant 6. INSURANCE Consultant shall procure and maintain, at its sole cost and expense, policies of insurance as set forth in Exhibit"B", which is attached hereto and is incorporated herein by reference. 7. INDEMNIFICATION. To the fullest extent permitted by law, Consultant shall defend (at Consultant's sole cost and expense), indemnify, protect, and hold harmless City, its elected officials, officers, employees, agents, and volunteers (collectively the "Indemnified Parties"), from and against any and all liabilities, actions, suits, claims, demands, losses, costs, judgments, arbitration awards, settlements, damages, demands, orders, penalties, and expenses including legal costs and attorney fees (collectively "Claims"), including but not limited to Claims arising from injuries to or death of persons (Consultant's employees included), for damage to property, including property owned by City, from any violation of any federal, state, or local law or ordinance, and from errors and omissions committed by Consultant, its officers,employees, representatives, and agents, which Claims arise out of or are related to Consultant's performance under this Agreement, but excluding such Claims arising from the negligence or willful misconduct of the City, its elected officials, officers, employees, agents, and volunteers. Under no circumstances shall the insurance requirements and limits set forth in this Agreement be construed to limit Consultant's indemnification obligation or other liability hereunder. 4 Revised:5/8109 507639.2 �. i 8. RECORDS AND REPORTS 8.1 Reports. Consultant shall periodically prepare and submit to the Contract Officer 'such reports concerning the performance of the services required by this Agreement as the Contract Officer shall require. 8.2 Records. Consultant shall keep such books and records as shall be necessary to properly perform the services required by this Agreement and enable the Contract Officer to evaluate the performance of such services. The Contract Officer shall have full and free access to such books and records at all reasonable times, including the right to inspect, copy, audit, and make records and transcripts from such records. 8.3 Ownership of Documents. All drawings, specifications, reports, records, documents, and other materials prepared by Consultant in the performance of this Agreement shall be the property of City and shall be delivered to City upon request of the Contract Officer or upon the termination of this Agreement, and Consultant shall have no claim for further employment or additional compensation as a result of the exercise by City of its full rights or ownership of the documents and materials hereunder. Consultant may retain copies of such documents for its own use. Consultant shall have an unrestricted right to use the concepts embodied therein. 8.4 Release of Documents. All drawings, specifications, reports, records, documents, and other materials prepared by Consultant in the performance of services under this Agreement shall not be released publicly without the prior written approval of the Contract Officer. 8.5 Cost Records, Consultant shall maintain all books, documents,papers, employee time sheets, accounting records, and other evidence pertaining to costs incurred while performing under this Agreement and shall make such materials available at its offices at all reasonable times during the term of this Agreement and for three (3) years from the date of final payment for inspection by City and copies thereof shall be promptly furnished to City upon request. 9. ENFORCEM NT OF AGREEMENT 9.1 California Law. This Agreement shall be construed and interpreted both as to validity and to performance of the parties in accordance with the laws of the State of California_ Legal actions'concerning any dispute, claim, or matter arising out of or in relation to this Agreement shall be instituted in the Superior Court of the County of Riverside, State of Califomia, or any other appropriate court in such county,and Consultant covenants and agrees to submit to the personal jurisdiction of such court in the event of such action. 9.2 Waiver_ No delay or omission in the exercise of any right or remedy of a non- defaulting party on any default shall impair such right or remedy or be construed as a waiver. No consent or approval of City shall be deemed to waive or render tumecessary City's consent to or approval of any subsequent act of Consultant. Any waiver by either party of any default must be in writing and shall not be a waiver of any other default concerning the same or any other provision of this Agreement. 5076392 S Rovised:518108 i R' f ' 9.3 Rights and Remedies are Cumulative. Except with respect to rights and remedies expressly declared to be exclusive in this Agreement, the rights and remedies of the parties are cumulative and the exercise by either party of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the other party. 9.4 Legal Action. In addition to any other rights or remedies, either party may take legal action, in law or in equity, to cure, correct, or remedy any default, to recover damages for auy default, to compel specific performance of this Agreement, to obtain injunctive relief, a declaratory judgment,or any other remedy consistent with the purposes of this Agreement. 9.5 Termination Prior to Expiration of Term. City reserves the right to terminate this Agreement at any time, with or without cause, upon thirty (30) days written notice to Consultant, except that where termination is due to the fault of Consultant and constitutes an immediate danger to health, safety, and general welfare, the period of notice shall be such shorter time as may be determined by the City. Upon receipt of the notice of termination, Consultant shall immediately cease all services hereunder except such as may be specifically approved by the Contract Officer. Consultant shall be entitled to compensation for all services rendered prior to receipt of the notice of termination and for any services authorized by the Contract Officer thereafter. Consultant may terminate this Agreement, with or without cause, upon thirty (30) days written notice to City. 10. CITY OFFICERS AND EMPLOYEES, NON-DISC17XMNATION 10.1 Non-Liability. of City Officers and Employees. No officer or employee of City shall be personally liable to the Consultant, or any successor-in-interest, in the event of any default or breach by City or for any amount which may become due to the Consultant or its successor, or for breach of any obligation of the terms of this Agreement. 10.2 Covenant Against Discrimination. Consultant covenants that, by and for itself, its heirs, executors, assigns, and all persons claiming under or through them, that there shall be no discrimination or segregation in the performance of or in connection with this Agreement regarding any person or group of persons on account of race, color, creed, religion, sex, marital status, disability, sexual orientation,national origin, or ancestry. 11. MISCELLANEOUS PROVISIONS 11.1 Notice. Any notice, demand,request, consent, approval, or communication either party desires or is required to give to the other party or any other person shall be in writing and either served personally or sent by pre-paid, first-class mail to the address set forth below. Either party may change its address by notifying the other party of the change of address in writing. Notice shall be deemed communicated seventy-two (72) hours from the time of mailing if mailed as provided in this Section_ Sm63g.? 6 Revised:5/$M To City: City of Palm Springs Attention: City Manager&City Clerk 3200 E. Tahquitz Canyon Way Palm Springs, California 92262 To Consultant: Mike Rentner, President and C.E.O. NBS Government Finance Group 32605 Temecula Parkway, Suite 100 Temecula, CA 92592 11.2 Integrated Agreement. This Agreement contains all of the agreements of the parties and cannot be amended or modified except by written agreement. 11.3 Amendment. This Agreement may be, amended at any time by the mutual consent of the parties by an instrument in writing. 11.4 Severability, In the event that any one or more of the phrases, sentences, clauses, paragraphs, or sections contained in this Agreement shall be declared invalid or unenforceable by valid judgment or decree of a court of competent jurisdiction, such invalidity or unenforceability ` shall not affect any of the remaining phrases, sentences, clauses, paragraphs, or sections of this i Agreement, which shall be interpreted to carry out the intent of the parties hereunder. 11.5 Authority. The persons executing this Agreement on behalf of the parties hereto warrant that they are duly authorized to execute this Agreement on behalf of said parties and that by so executing this Agreement the parties hereto are formally bound to the provisions of this Agreement. I I [SIGNATURE PAGE SEPARATELY ATTACHED] 507639.2 7 Revised:51010 IN WITNESS WHEREOF, the parties havc executed this Agreement as of the dates stated below. "CITY" City of Palm Springs Date: By: David H. Ready City Manager NOT TO EXCEED$ Initialed:— APPROVE D AS TO FORM: ATTEST By. By. Douglas C. Holland, James Thompson, City Attorney City Clerk "CONSULTANT" NBS Government Finance Group Date: By : Mike Rentner, President g - Re�lsed:5/8106 _� 507639.2 EX BIT "A" CONSULTANT'S SCOPE OF SERVICES/WORK PROPOSAL i Including, I Schedule of Fees And Schedule of Performance Attached and incorporated herein 50%39.Y 9 Rev1sed:518M _ L � EXHIBIT "B" INSURANCE PROVISIONS Including Verification of Coverage, Sufficiency of Insurers, k� Errors and Omissions Coverage, I z Minimum Scope of Insurance, Deductibles and Self-Insured Retentions, and Severability of Interests (Separation of Insureds) i 10 Revised:515/0$ 507639.2 I NIBIS Local Government Solutlona June 3, 2009 Ms. Sharon Ainsworth Deputy City Treasurer City of Palm Springs 3200 Tahquitz Canyon Way Palm Springs, CA 92262 Subject: To provide 1915 Act District Administration Services and Related Services for Current and Future Districts Dear Ms.Ainsworth: I NBS would like to thank you for the opportunity to provide 1915 Act Administration and Related Services for the City of Palm Springs("City")as referenced above. We look forward to continuing our professional relationship. Please find enclosed our executed Proposal outlining our services to the City of Palm Springs. Scope of Services 11916 Act Assessment District Administration[ Expert Resource. First and foremost, NBS will act as the City's"expert resource,"and is available to answer questions and advise the City on particular issues involving the Assessment Districts- Fick-Off Meeting, Project Schedule. NBS will meet with City staff, legal counsel and other interested parties to: • Establish lines of communication. • Clarify the specific project goals and criteria that will meet the City's preference. • Identify and resolve any special circumstances that may be involved in the administration of the districts. • Develop project schedules to meet legal requirements and provide for effective interaction of all involved parties. • Establish meeting dates consistent with schedule to achieve project milestones. Data Collection. NBS will gather and review data relevant to the administration of the districts. Data will be obtained from various sources, including City records,Assessor's parcel maps, and County Assessor information and establish a database for the assessment districts. Policy Review. NBS will review polices and procedures that have been established by the Agency for compliance with the governing documents and law. These policies will be incorporated into our service to the City. ' 32605 Temecula Parkway,Suite 100 1 Temecula,CA 92592 1 Toll free:800.676.7516.1 Fax-951.296 1998 1_ e�i I Cost Recovery. NBS will identify all costs associated with the administration of the Assessment Districts and recover those costs through the levy process as outlined in§8682 and§8682.1 of the California Streets and Highways Code. These costs may include, but not be limited to Registrar/Transfer/Paying Agent fees,Arbitrage Rebate calculation fees, bank fees, and expenses of the City and its consultants related to the administration of the districts. Fund Analysis. NBS will determine the balance requirements and acquire the current cash balances for the districts. We will make recommendations to ensure that the flow of funds and fund balances are in compliance with bond documents. Cash flow analysis will also be performed to determine any levy shortfall or surplus. Annual Assessment Levy. NBS will calculate the annual assessment levy for each parcel in each of the districts and submit the amount for each parcel to the County in the format and medium (i3O_ tape, diskette) required by the County Auditor-Controller. Resubmission or Rejects, NBS will research the status of any parcels rejected by the County Auditor-Controller,and resubmit corrected data for collection on the County Tax Roll. Any parcels that are not accepted by the County for collection will be invoiced directly, with payment directed to the City. Maintain Assessment District Data. NBS will annually track all parcel changes to ensure that all changes are documented. Historical parcel change and assessment apportionment data will be maintained by NBS. Annual Report, NBS will provide a comprehensive Annual Report that will show a detail listing of the amounts submitted to the levy or directly billed for collection, details of delinquent assessments, fund analysis, paid off parcels and release of liens, all bond tali activity, and assessed valuation information. Delinquency Monitoring. NB§will provide the City with a comprehensive list of delinquencies after each installment becomes due. This report will show delinquency percentage as well as a detailed list of each delinquent parcel. Prepayment Calculation/Amortization Schedule. NBS will provide assessment prepayment calculations and amortization schedules to interested parties. The requester will pay the cost of this service; however, there will be no charge to the City or property owners. Bond Calls. NBS will prepare the spread of principal to be called within maturities for all bond calls and coordinate the call with the Paying Agent/Trustee. Release of Liens. NBS will prepare all documents required to release the liens of parcels that have prepaid the assessment. Notice of Special Assessment. NBS will provide a"Notice of Special Assessment' disclosure notice to requesting parties as required by§53754 of the Government Code of the State of California. The fee of any Notice of Special Tax shall be paid by the party requesting the disclosure notice. Toll-Free Phone Number. NBS will provide a toll-free phone number for use by the City, other interested parties and all property owners. Our staff will be available to answer questions regarding the formation and ongoing collection of assessments for the districts. Bilingual staff is available for Spanish-speaking property,owners. County Assessor Reporting. NBS will work with the County Assessor to aid in complying with the requirements of Revenue&Taxation Code 163, This includes providing data such as parcel number, original assessment and current principal balance to the County Assessor. Page 2 B S jAssessment District Construction Fund Closeout Servicesi Kick-Off Meeting, Project Schedule. NBS will meet with City staff, legal counsel and other interested parties to: k f • Establish lines of communication- s Clarify the specific project goals and criteria that will meet the City's preferences. Identify and resolve any special circumstances that may be involved in the disposition of construction funds. • Develop project schedules to provide for effective interaction of all involved parties. Establish meeting dates consistent with the schedule to achieve project milestones. Fund Analysis. NBS will perform an analysis of remaining construction funds to determine their appropriate disposition in accordance with applicable laws and district documents. Parcel List. NBS will prepare a list of parcels.along with mailing addresses, and construction fund refund amounts for the processing of any refunds by the City. Bond Calls. NBS will prepare any necessary band tail documents resulting from band calls processed using construction fund surplus. I Notice of Completion. NBS will prepare or obtain a Notice of Completion of Public Work. Findings Report, NBS will prepare a Construction Fund Closeout Analysis and Findings Report. Resolutions. NBS will prepare any necessary resolutions regarding the closeout of the construction fund. Tax Roll Submittal Services for 1972 Act Landscaping and Lighting Dlstrictsi Data Gathering: Gather and review data pertinent to the Landscaping and Lighting Maintenance Districts. Data will be obtained from various sources such as the 2009110 Engineer's Reports, assessors parcel maps and county assessor Information as determined to be necessary based on the requirements of the methods of apportionment. Quality Control: Perform cross-reference tests looking at the various data sources, land use codes, and other pertinent information to verify the Assessment Roll in the Engineer's Reports. Database: Create a database of all parcels within the districts and relevant levy information based on the Assessment Rolls found in the Engineer's Reports, and as provided electronically by the City. County Submittal: Submit the levy to the County Auditor Controller in the required electronic format. Levies rejected by the County Auditor Controller will be submitted to the City for further research, update of the Assessment Roll and resubmitted for collection on the County Tax Roll. Any parcels that are not submitted to the County for collection will be invoiced with payment to be directed to the City. Reporting: Provide a listing of parcels and levy amounts applied by the County for the district. Parcel and levy data can be provided via a CD ROM, diskette or emailed electronic file, if desired. NJB � S Page 3 f IDelinquency Management) NBS will develop a comprehensive delinquency management program which includes a discussion and interpretation of the issuer's foreclosure covenant together with a review of the existing polices and procedures of the City. This service can be provided as part of overall annual administration or as a stand-alone service. When deemed as the appropriate course of action, NBS will perform the following. Delinquency Reports. NBS will provide the City with an updated list of delinquencies prior to sending any of the below letters. This report will also detail each district's percentage of delinquencies, as well as a detailed list of each delinquent parcel. Reminder Letter. At the City's direction, send a reminder letter to the property owner of each delinquent parcel for the December 10th installment. The purpose of the letter Is to inform and educate the property owner of their obligation to pay assessments. Demand Letter.At the City's direction, send a demand letter to the property owner of each delinquent parcel for the April 10th installment. This letter will be mailed to any property owner who remains delinquent for both installments or who is delinquent for April 1 Oth only. The purpose of this letter is to further educate the property owner and advise them of a potential foreclosure. Foreclosure Letter. This type of letter is typically sent after the installments for a parcel have been removed from the tax roll. The letter delineates what amount must be paid directly to the City to forestall the turnover of documents to the foreclosure attorney. Tax Roll Removal. NBS will provide the information required to remove parcels from the tax roll and coordinate with the County Auditor Controller to verify the removal. This step is in preparation of turning the parcels over for foreclosure. Once removed from the tax roll, each property owner will receive one final foreclosure letter indicating the amount due and payment instructions. Payment Plans. At the City's discretion, NBS will offer payment plans to property owners in lieu of turning parcels over to the City's foreclosure counsel. Subsequent Foreclosure Services. NBS will prepare and deliver all information to the City's foreclosure counsel, We will also continue to supply the City's counsel with additional information throughout the foreclosure process. We will continue to respond to property owner and City staff phone calls regarding the status of all cases, and will coordinate and audit status reports on a bi-monthly basis from the City's foreclosure counsel. Toll-Free Phone Number. NBS will provide a toll-free phone number for use by the City, other interested parties and all property owners. Our staff will be available to answer questions regarding the formation and ongoing collection of assessments/special taxes for the districts. Bilingual staff is available for Spanish-speaking property owners. IApportionmentsl Parts 10 and 10 5 of the Streets and Highways Code detail the methodology and procedure that the City must follow in apportioning the assessment lien on parcels that are reconfigured and/or subdivided. With our experience in district formation and the development of methods of assessment, we are able to ensure that apportionments are properly performed. Assuming proceeding under the preferred procedure of Part 10.5, NBS will perform the following: Application Forms. NBS will provide apportionment application farms and instructions to the City's Engineering representative for inclusion as a condition of approval for subdivision within an assessment district. p Page 4 Segregation. NBS will apportion the special assessment according to the method of spread as described in the engineer's report. Notice of Apportionment. NBS will prepare a notice of apportionment and send it via certified mail to the issuing underwriter, as required, Assessment Diagram. NBS will prepare an amended assessment diagram and notice. The diagram and notice will be filed and recorded with the County Recorder. Amortization Schedule. NBS will prepare an amortization schedule for each newly created assessment type. Apportionment Report. NBS will prepare and submit to the City an Apportionment Report showing the finalized apportionment and the amended assessment diagram. In the event proceedings are undertaken under Part 10, the following additional items are required: Resolutions. NBS will prepare the required resolutions to order the amended assessment, the amended assessment diagram, notices to the property owner, and fix the amount of costs to perform the apportionment. Public Meetings, NBS will be available to attend any public meetings required to complete I the apportionment. Fees 'v`fl.yu�i'Y Toxa1i f^all,fg s;per:eo R actii ot:to a ie ed428a8hU f1915 Act Administration Services—Current Distrlctsl Dist rict' Service e A.D. 157 1916 129 $1,943.74 A.D. 168 1915 27 1,609.94 A.D. 161 1915 308 2,828,14 A.D. 162 1915 95 2,828A4 A-D, 164 1915 196 2,828.14 Total Fee $12,038.10 [Revenue and Taxation Code 1631 Annual Fee .... ........ ....... ....................... ..... .......... ................................no charge This information is part of the database used to calculate the annual levy. We routinely send this information to the Counties. Assessment District Construction Fund Closeout Services Total for Assessment Districts No. 161, 162 and 164............................................... $6,000 Page 5 N B S { I ]Tax Roll Submittal Services for 1972 Act Landscaping and Lighting Districts] FlatFee Per District.............. -- ......................................... .........................,................................$250 ]Delinquency Management] gReminder Letters.......................... ... ..................... ... .... ............... .. . .... ................................. $10 * DemandLetters............................................. ..................................................----------------------------- 15 Foreclosure Letters.......... .......................... 30 Payment Plan Administration....................................... .............................. ............................... 150 TaxRoll Removal...................... -- ......................... .. ..................................... .. - .............. 50 Subsequent Foreclosure Fees...................... -- .................................... ................................ 75 riscal Year 2009110 Estimated Annual Fees......... ......................... .. .................$7,500 All fees are based on a per parcel/per district basis *This fee will be recovered as part of the next levy. "*This fee includes filing of"Notice of Intent to Remove Delinquent Installments" but does not include County fees for removal from the tax roll. '*"This fee is per parcel/per district/per year from the initiation of the foreclosure. R *"This fee is based on an estimate of approximately 25 parcels undergoing foreclosure and approximately 60 parcels being requiring delinquency management. Fees will be billed by NBS to the City and recovered directly from the delinquent parcels, resulting in no net cost to the I city. f ]Apportionments] Apportionments will be performed upon request and paid for by the property owners requesting parcel subdivisions at our then current fee structure, as shown below. NBS will apportion the assessment according to the original method of spread, prepare the amended assessment diagram, and record the notice of apportionment and amended diagram per Parts 10 and 10.5 of the Streets and Highways Code. Part 10.5 Apportionment Fee(Four parcels or less):........................................... .......--—...... $950 Apportionment Fee(Five or more parcels):............... ----------------------------- ................$1,800 (plus$35 per parcel) Recording Fee(each): ............................................................................. .. -- --- - $40 Part 10 Resolutions: ....................................... ..................................................................... ...$300 Meeting Attendance:............. ....................... ...............................hourly, plus travel costs* 'reasonable and customary travel costs, as needed Fees-Additional Information ]Expenses] Customary out-of-pocket expenses will be billed to the City at actual cost to NBS. These expenses may include, but not be limited to travel, postage, telephone, reproduction, meals and various County charges for tapes, maps, and recording fees. Fiscal Year 2009/10 Estimated Annual Expenses.................................................$1,000 Page 6 h I B IS (( jAnnual Fee Increases) Y Cast of living increases may be applied to the services listed above on October 1 each year, i beginning with October 1, 2008. The COLA would be the actual cost of living increase, based on the U.S. Department of Labor, Bureau of Labor Statistics, Consumer Price Index for all urban consumers for the Southern California counties lAddltlonal Services) Following is the current hourly rate. Additional services authorized by the City will be billed at this rate or the then-applicable hourly rate. Title Hourly Rate Director $190 Senior Consultant/Programmer 150 Engineer 140 Consultant 130 Analyst ry 100 Clarical/Support 55 I i ITermsl Administration services will be invoiced quarterly at the beginning of each quarter. Expenses will be itemized and included in the next regular invoice. Fees for all other services will be invoiced upon completion of the task. if the project is prematurely terminated by either party,. NBS shall receive payment for work completed. Payment shall be made within 30 days of submittal of an invoice. If payment is not received within 90 days simple interest will begin to accrue at the rate of 1.5% per month. Either party can cancel contracts with 30 days written notice. Please feel free to contact me if you have any questions or need further information. Best regards, NBS Government Finance Group, QB� Mike Rentner President and CEO 613/09 Title Date Page 7 N I B I iL