HomeMy WebLinkAbout18- Task Order 1 - Community Development Services of Montana - Tax Increment Finance Consulting Services ATTACHMENT 1
Community Development Services of Montana
954 Caledonia Street,Butte,MT 59701-9002
TO: Brit Fontenot, Economic Development Director, City of Bozeman
FROM: Janet Cornish�e and Lanette Windemaker LW
RE: CDS Task Order#1: Assistance in the issuance of a TIF bond for the Midtown
Urban Renewal District
DATE: December 19th, 2017
Assisting with bonding the Midtown Urban Renewal District
The City of Bozeman is considering the issuance of a Tax Increment Financing Bond to fund
street scape improvements in the Midtown Urban Renewal District. Under this task order, CDS
of Montana will assist city staff, advisory board members, bond counsel, and the Bozeman City
Commission to complete the following:
1. Review of work plan and FY19 budget for submittal,
2. Review of bond financial analysis,
3. Development of bond timeline,
4. Development of advisory board resolution of project support,
5. Preparation of staff transmittal memo, notice for publication and Commission resolution of
intent setting public hearing,and
6. Review of bond resolution provided by bond counsel.
The cost for completing this task will not exceed $7,000.00.
Table 1. Estimated Time Frame
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9
Item 1
Item 2
Item 3
Item 4
Item 5
Item 6
Memo
PHONE FAX WEB
406-723-7993 406-723-7993 cdsofmontana.com
Page 1 of 2
Task Order Number 01
Issued under the authority of Professional Services Agreement with Community Development
Services of Montana for Tax Increment Finance Consulting Services dated
2018 ("Agreement").
This Task Order is dated . 2018_between City of Bozeman (City)
and Community Development Services of Montana (Contractor).The parties agree as follows:
The following representatives have been designated for the work performed under this Task
Order:
City: David Fine
Contractor:Janet Cornish, Community Development Services of Montana
SCOPE OF WORK:
Contractor agrees to perform the work for Task Order No. 01 (the "Work")as detailed in the
attached Scope of Work—Task Order No. 1 for ongoing consulting services incorporated herein
and made a part of the Agreement by this reference.
COMPENSATION:
Community Development Services of Montana's total billing for the scope of services included
with this task order is not to exceed $7,000.Work will be completed at the request of City Staff
on a time and materials basis. Community Development Services of Montana shall submit
invoices to the Client for work completed during the prior calendar month. Invoices will be due
and payable 30 days after receipt of the invoice by the City.
The provisions of the Agreement shall govern the Work.
IN WITNESS WHEREOF, the parties authorized to commit resources of the parties have
executed this Task Order:
City of Bozeman Contractor
By: By. -
Title: l M���� Title:
Date: Z Z Date:
Community Development Service of Montana (CDS)Task Order Number
01
Page 2 of 2
Community Development Services of Montana Scope of Work—Task Order No. 1
Scope of Work:
See Attachment 1.
Rates:
Rates from the existing rate sheet in the Professional Services Agreement will apply.
Community Development Service of Montana(CDS)Task Order Number
COST
Response to the City of Bozeman Request for Qualifications
for
Professional Services related to Tax Increment financing,Urban Renewal Districts, and
Targeted Economic Development Districts in Montana
Fee Schedule
Submitted by Community Development Services of Montana
December 8tb,2017
The hourly rate for Janet Cornish and Lanette Windemaker for 2018 is$90.00 per hour. Fees will
increase$5.00 per hour per year for the duration of our contract with the City of Bozeman.
Travel and per diem expenses associated with this contract will be billed at cost, based on the
federal mileage rate and actual costs incurred for lodging and meals.
Other expenses, such as document production, survey and mapping services, if required, will be
billed at cost.
The City of Bozeman would be responsible for paying for the publication of any official notices
and certified mailings.