Item Coversheet

CITY OF RIVIERA BEACH COMMUNITY REDEVELOPMENT AGENCY BOARD OF COMMISSIONERS
AGENDA ITEM SUMMARY

Meeting Date: 6/9/2021 
Agenda Category:
Subject: RESOLUTION TO APPROVE CONTRACT WITH LAMBERT ADVISORY
Recommendation/Motion: BOARD APPROVAL
Originating Dept ADMINISTRATION   Costs  
User Dept.PLANNING AND DEVELOPMENT  Funding Source
AdvertisedNo Budget Account Number
Date   
Paper   
Affected PartiesNot Required   
Background/Summary: 
ON APRIL 21, 2021, THE CITY COUNCIL APPROVED THE EXECUTION AGREEMENTS FOR SERVICES OF PUBLIC-PRIVATE PARTNERSHIP ADVISORS SERVICES TO ALLOW THE CITY TO MOVE FORWARD WITH REDEVELOPMENT AND/OR RENOVATION RELATED CONSTRUCTION PROJECTS NECESSARY TO DEVELOP, ENHANCE, AND MAINTAIN THE INTEGRITY OF CITY FACILITIES. SERVICES TO BE PROVIDED UNDER THE AGREEMENT MAY INCLUDE, BUT ARE NOT LIMITED TO, A FULL RANGE OF PUBLIC-PRIVATE PARTNERSHIP SERVICES, INCLUDING BUT NOT LIMITED TO, MARKET ANALYSIS DEVELOPMENT/ RESPONSE ANALYSIS, AND LEASE NOGOTIATIONS ACCORDANCE WITH THE CITY OF RIVIERA BEACH PROCUREMENT CODE ORDINANCE 16.5, A REQUEST FOR QUALIFICATIOS (RFQ) WAS ADVERTISED IN THE "LEGAL NOTICES" SECTION OF THE PALM BEACH POST ON JANUARY 10M=, 2021 TO SOLICIT A QUALIFIED FIRM FOR PUBLIC-PRIVATE PARTNERSHIP ADVISROS FOR THE CITY OF RIVIERA BEACH. FIRMS WERE EVALUATED AND RANKED BASED ON THE CRITERIA ESTABLISHED IN THE CITY'S RFQ. THE EVALUATION PROCESS VALIDATED THAT THE PROPOSALS SUBMITTED BY AVISON YOUNG, JONES LANG LASALLE, LAMBERT ADVISORY LLC, AND PFM MET THE CITY'S P3 REQUIREMENTS. THE CRA HAS NEGOTIATED THE ATTACHED CONSULTING AGREEMENT WITH LAMBERT ADVISORY LLC. THIS FIRM HAD VERY STRONG RESIDENTIAL CREDENTIALS AND THE PROPOSED PROJECT IS PROMARILY A MID-RISE RESIDENTIAL PROJECT WITH SOME GROUND FLOOR COMMERCIAL TO ACTIVATE THE STREET.  
Fiscal Years
Capital Expenditures
Operating Costs
External Revenues
Program Income (city)
In-kind Match (city) 
Net Fiscal Impact
NO. Additional FTE Positions
(cumulative)

III. Review Comments

A. Finance Department Comments:
 
B. Purchasing/Intergovernmental Relations/Grants Comments:
 
C. Department Director Review:
Contract Start Date 
Contract End Date
Renewal Start Date
Renewal End Date
Number of 12 month terms this renewal
Dollar Amount
Contractor Company Name
Contractor Contact
Contractor Address
Contractor Phone Number
Contractor Email
Type of Contract
Describe
ATTACHMENTS:
File NameDescriptionUpload DateType
MEMO_CRA_CONTRACT_WITH_LAMBERT.pdfMEMO6/2/2021Cover Memo
RESOLUTION_2600_PROJECT_LAMBERT.pdfRESOLUTION6/2/2021Resolution
RESOLUTION_CITY_APPROVED_PUBLIC_PRIVATE_PNTRSHP.pdfRESOLUTION 6/2/2021Resolution
CONTRACT_LAMBERT.pdfAGREEMENT 6/2/2021Agreement
EXHIBIT_A_LAMBERT_PROPOSAL.pdfEXHIBIT 6/2/2021Exhibit
REVIEWERS:
DepartmentReviewerActionDate
CRAEvans, ScottApproved6/2/2021 - 6:44 PM
CRA Internal ReviewEvans, ScottApproved6/2/2021 - 6:55 PM