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HRA Regular Session <br />Meeting Date: 10/08/2013 <br />Submitted For: Kurt Ulrich, Administrative Services <br />By: Jo Thieling, Administrative Services <br />5. 2. <br />Information <br />Title: <br />Approve Extended Contract with Ehlers Financial Advisors for TIF Analysis <br />Background: <br />Staff received a Proposal for Services for Further analysis of TIF District #14 - The COR from Stacie Kvilvang of <br />Ehlers. The proposal is for a not -to -exceed amount of $5,000 to finalize the initial work performed under the first <br />contract. <br />Attached is the proposal from Ehlers. <br />Observations/Alternatives: <br />The scope of services in the proposal are in line with creating a final report and recommendation for the Council on <br />TIF District 14. Ehlers has been asked to add a task of performing drafting and analysis of special legislation to <br />meet City's TIF goals, as part of the scope of services under this contract. <br />Recommendation: <br />Approve the proposal as submitted, but adding the task of performing drafting and analysis of special legislation to <br />meet City's TIF goals, as part of the scope of services under the contract. There would be no change in the contract <br />price. <br />Funding Source: <br />Funding will come from the City's existing TIF Districts as an administrative expense. <br />Action: <br />Motion to approve the Proposal for Services, as amended, for Further Analysis of TIF District #14 - The COR for a <br />not -to -exceed amount of $5,000. <br />TIF 14 Proposal <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 10/03/2013 03:06 PM <br />Diana Lund Jo Thieling 10/03/2013 03:29 PM <br />Form Started By: Jo Thieling Started On: 10/03/2013 10:39 AM <br />Final Approval Date: 10/03/2013 <br />