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CASE # 3 <br />CONSIDER PROPOSAL FROM EHLERS INC. FOR FINANCIAL CONSULTING <br />SERVICES FOR HRA DEVELOPMENT PROJECTS <br />By: Heidi Nelson, HRA Executive Director <br />Background: <br />At the HRA Meeting of July 13~', staff discussed the need for financial consulting services for <br />the HRA, specifically the Flaherty and Collins Residences project in the COR as well as for <br />other projects going forward. Staff has met preliminarily with representatives from Ehlers <br />regarding the Flaherty and Collins project and solicited a proposal for services from Ehlers. The <br />attached letter outlines the proposed working relationship with Ehlers. <br />Funding Source: <br />HRA budget <br />Staff Recommendation: <br />Staff recommends authorizing staff to utilize Ehlers for HRA financial consulting services. <br />HRA Action: <br />Authorize staff to utilize Ehlers for HRA financial consulting services. <br />Attachments: <br />A. Ehlers Proposal Letter <br />HRA: 07.20.10 <br />