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There is no immediate or initial up front costs. CBRE is only paid at time of sale, and a commission is deducted <br />from the gross sales price rather than an hourly rate. <br />Recommendation: <br />The EDA reviewed this item at its February 13th meeting and passed a motion to recommend approval of the <br />attached draft Amendment to Listing agreement, extending the contract with CBRE to August 1, 2020 <br />Action: <br />Motion to adopt Resolution #20-033 approving extension to Commercial Real Estate Brokerage Services with <br />CBRE. <br />Resolution #20-033 <br />PID for Listing Map <br />Recent CBRE Land Transaction Summary <br />Draft CBRE Listing Amendment <br />Current CBRE Listing Agreement <br />Registration Letter 180 days <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Sean Sullivan (Originator) Sean Sullivan 02/19/2020 11:54 AM <br />Tim Gladhill Tim Gladhill 02/20/2020 08:31 AM <br />Kurt Ulrich Kurt Ulrich 02/20/2020 08:39 AM <br />Form Started By: Sean Sullivan Started On: 02/14/2020 02:26 PM <br />Final Approval Date: 02/20/2020 <br />