Staff recommends approving the service agreement with Matt Robertson Brokerage, Inc. in affiliation with NAI Business Properties as the Consultant for real estate brokerage services for the following properties:

City Hall and Garage (Park 3) - Sale
New City Hall (Stillwater Building) - Leases
Park One First Floor Retail Space Condos - Sale
South Surface Parking Lot off North 27th St, between 1st Ave N and 2nd Ave N - Sale
North Surface Parking Lot off North 27th St, between 1st Ave N and 2nd Ave N - Sale
 

The City issued an RFP for real estate brokerage services. NAI was selected as a qualified responder by the committee based on the following criteria: 

The evaluation committee reviewed and evaluated the proposals according to the following criteria based upon a total number of 1,000 points.

SECTION 1:  INITIAL EVALUATION (Max 100 points)

Compliance with instructions stated in the RFP		50
Compliance with proposal submittal date		50

SECTION 2:  PROPOSAL/OVERVIEW/UNDERSTANDING (Max 150 points)

Completeness of response to RFP as outlined in this solicitation		50
Compliance with the City Terms and Conditions		50
Understanding of the City’s needs and expectations		50

SECTION 3:  QUALIFICATIONS/EXPERIENCE/REFERENCES (Max 250 points)

Ability of the Proposer(s) to meet or exceed the requirements defined in the RFP		50
Experience, qualifications and references		50
Knowledge of local real estate market		50
Experience with working with municipalities		50
Local reputation		50

SECTION 4:  COST PROPOSAL (Max 500 points)

Cost Proposal

500

GRAND TOTAL                                                                                                            /1000

 

City Council may:

• Approve; or,
• Not Approve and provide further direction

The Consultant shall provide several real estate related services per the fee schedule listed in Exhibit 'A' of the contract. The fees for services shall be paid from division operating budgets, or from proceeds of the sale or leases of properties.