Laserfiche WebLink
Meeting Date 6~30~03 <br /> <br /> CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Agenda Item # "~ -- / <br /> <br />SUBJECT: <br />Proposals from Carpenter Commercial, Inc. and Cornerstone to provide master plan <br />development and land marketing services for county owned property. <br /> <br />BRIEF SUMMARY: <br />The FY 2003 budget appropriates $4 million from the sale of the former county fairgrounds <br />property and the county school administration complex on HW 29. An offer to purchase 1 <br />acre of the former fairgrounds property was rejected on March 17. On the same date, the <br />Board directed the manager to seek proposals for marketing the 2 parcels. <br /> <br />Two proposals from local firms are attached for the Board's consideration. <br /> <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br /> <br />Authorize the county manager to enter into an agreement with Cornerstone or Carpenter <br />Commercial (subject to review by the county attorney) on behalf of the county for master <br />plan development and land marketing services for the former county fairgrounds property <br />and the county school administration complex on HW 29. <br /> <br />Attachments [] Yes [--I No Expected Length of Presentation <br /> <br />Submitted By: John Day, Interim County Manager Date: 6/24/03 <br /> <br />Budget Amendment Required: [] Yes [] No <br /> <br />Budget Amendment Attached and Reviewed by Budget Officer: <br /> <br />[] Yes [] No <br /> <br />County Manager's Recommendations/Comments: <br /> <br />The two proposals are for very similar services. Both firms have excellent experience and <br />are local. The commission fee for Cornerstone is lower that that proposed by Carpenter <br />Commercial. The master plan development fee is deducted from the commission payment <br />upon sale in the Cornerstone proposal; it is not in the Carpenter Commercial proposal. <br /> <br />Cornerstone requests a 5-year listing contract, Carpenter Commercial requests 8 months. <br />Approval to proceed with one of the attached proposals is requested. <br /> Manager's Signature (~~ <br /> <br />Action Taken: <br /> <br />Approved [ ] Deferred [ ] <br />Denied [] Other [] <br /> <br /> <br />