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first Tuesday of each month to update and receive feedback regarding activity and projects in The COR. <br />City Discretion to Use other Consultants <br />(language below to be added to the contract) <br />Where the HRA determines it is in the best interests of the project, the City reserves the right to self -perform or <br />utilize other consultants for design of major public improvement projects such as roadway improvements, trunk <br />utility or infrastructure improvements, or municipal design services, where Landform does not provide those <br />services. <br />The Development Manager is requesting a two-year contract to be co -terminus with the current HRA membership <br />with a 30-day termination clause, similar to the existing agreement. <br />The Development Manager has continued discussions regarding the "Hot List" portion of the contract and would <br />like to discuss further revisions. Staff and the Development Manager will discuss the concept of the proposed <br />language changes with the HRA during the meeting. The proposed amendment is generally centered around the <br />concept of eliminating the 5 year diminishing compensation and "Hot List" in favor of a fixed compensation <br />amount upon early contract termination and a fixed number of months for carry-over of imminent deals. <br />Finally, staff has discussed with the consultant, the advance of incentive compensation that was paid under the <br />current contract. The consultant states that this was essential to the incentive -only portion of the contract, and is <br />requesting that the advance on incentive compensation continue for the first twelve months of the renewed <br />agreement. HRA staff has argued that the advance on Incentive Compensation should not continue beyond the <br />current contract. Staff has argued that going forward, projects should be delivered for incentive compensation to be <br />paid. Discussion regarding this issue will continue between staff and the DM prior to Tuesday's meeting. <br />If the HRA is supportive of and provides direction regarding the proposed concepts and language changes, staff <br />would proceed to prepare the amended contract to bring back for consideration over the next 2 weeks. <br />Notification: <br />None required. <br />Recommendation: <br />Staff is seeking direction with regard to the DM contract revisions and renewal. <br />Funding Source: <br />DM fees are paid from land sale proceeds and the HRA budget. <br />Council Action: <br />Direct staff with regard to the DM contract revisions and renewal. <br />DM Contract <br />DM Contract 1st Amendment <br />DM Contract 2nd Amendment <br />Attachments <br />Form Review <br />Inbox <br />Reviewed By Date <br />