HomeMy WebLinkAbout00001C - URBAN ECONOMICS LARRY SMITH DOWNTOWN IMPROVEMENT i
AGREEMENT NO. 1
13ETW]EEN THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF PALM SPRINGS, CALIFORNIA, AND
URBAN PROJECTS, INCORPORATED, IN ASSOCIATION
WITH THE URBAN ECONOMI"'- - - -_ - -- -
AND COMPANY INCORPOR1 Urban Economics Div of Larry
Smith & Co. , Inc. - economics of
--------- dwAtwn impr program
AGREEMENT #1 (original 9-25-72)
Res #003, 9-25-72
WHEREAS the Community Redevelopment Agency of the City of Palm Springs
desires to undertake a community in)_proves- ent program directed toward up-
grading and/or better utilizing major portions of downtown Palm Springs; and
WHEREAS the Community Redevelopment Agency of the City of Palm Springs
desires to retain the services of a consultant to provide redevelopment and
economic consulting services; and
WHEREAS Urban Projects, Incorporated, in association with the Urban
Economics Division of Larry Smith and Company, incorporated, has agreed
to undertake the work proposed.
NOW THEREFORE this Agreement is entered into with Urban Projects,
Incorporated, in association with the Urban Economics Division of Larry
Smith and Company, Incorporated, (hereinafter referred to as Redevelop-
ment Consultant) and the Community Redevelopment Agency of the City of
Palm Springs (hereinafter called Redevelopment Agency). The parties here-
by do mutually agree as follows:
I. WORK TO BE PERFORMED BY REDEVELOPMENT CONSULTANT
The Redevelopment Consultant hereby agrees to perform the following:
A. To provide general consulting services at the request of
the Redevelopment Agency on the redevelopment process, in
conjunction with legal counsel, to insure that the proper pro-
cedural and other steps are taken to meet the requisites of a
workable, financeable program,
B. To direct and/or coordinate the activities and/or input of
other consultants, in conjunction with Redevelopment Agency
staff, in the formulation and implementation of a community
improvement (redevelopment) program including the public
sector financing aspects of said program,
C. To assist and/or work with legal counsel in the identification
and verification of the blight conditions and insure that the
final project plan of said program proposes to cure those
conditions,
D. To prepare specific economic and financial analysis as directed
by the Redevelopment Agency and as needed during the process
leading to the adoption of a project plan and, in particular, the
financial analysis required as a basis for the municipal financing
(bond) prospectus.
E. To assist in a step-by-step program designed to culminate in
a mun'icA.pal financing cram in
deadline. time to meet a March 1, 1973,
_- _
Agreement No. 1
Page 2
II. WORK TO BE PERFORMED BY THE REDEVELOPMENT AGENCY
A. Furnish necessary Redevelopment Agency staff personnel to con-
sult with the Redevelopment Consultant during the term of this
agreement.
B. Provide clerical assistance and printing facilities as required
by the Redevelopment Consultant.
C. Provide traffic engineering studies and design work necessary
in the formulation of a project plan.
IIL TIME SCHEDULE
It is agreed that time is of the greatest importance in the completion
of a project plan for the downtown area. In recognition of this, the
Redevelopment Consultant shall complete his work and deliver it to
the City before March 1, 1973.
IV. MEETINGS
It is understood that it is very important to the success of this project
that meetings be held with the Downtown Property Owners Association
and various community groups to obtain citizen input and community-
wide support. The Redevelopment Agency shall schedule such meetings
and the Redevelopment Consultant shall be available for participation in
said meetings.
V. It is understood that Urban Projects, Incorporated, intends to subcontract
a portion of the work to be performed to Urban Economics Division of
Larry Smith and Company, Incorporated, and utilize the services of
Mr. A. Jerry Keyser or such other party as is acceptable to the Re-
development Agency, in the performance of that work.
VI. PAYMENTS
It is agreed that payment for work under this agreement shall be made
by the Redevelopment Agency on a monthly basis after receipt of an in-
voice for services rendered by the Redevelopment Consultant. Services
shall be provided on the basis of fifty dollars ($50. 00) per hour for
William Bryant and Jerry Keyser, principals and rates to be provided
in a schedule for other support staff plus normal reimbursable expenses.
Invoices accompanied by supporting documentation shall be submitted
with a written statement of services performed on a monthly basis.
It is agreed that the maximum payment for all services under this con-
tract shall be twenty-five thousand dollars ($25, 000. 00).
VIL CANCELLATION
It is agreed that the Redevelopment Agency shall have the right to cancel
this agreement on a thirty (30) day notice.
Dated at Palm Springs, California, this 25th day of September
1972.
Agreement No.
Page 3
Urban Projects, IncQzZorated Chairman
!Title) Community I3edevelopn�ent -4 eA cy of
the City of Palm Springs
(Tiile)�
Url,an ]-Economics Division ui
Lavey Smith and Cornpany,. In-
cor0c"rated, as a subconb. actor
to 6-ban Projects, incorporated.
CONTENTS APPROVED APPROVED AS TO FORM
,✓� �P d
Director of murd-Ly De�Ielopment City Att jdr•ney '
ATTEST: APPROVED BY COMMUNITY REDEVELOPMENT S
F.D. ALESHIRE AGENCY RES. #3, 9-25-72.
Secretary
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