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HomeMy WebLinkAbout2004-08-02 City Council (4)City of Palo Alto C ty Manager’s Report TO:HONORABLE CITY COUNCIL ~ ¯ FROM:CITY. MANAGER DEPARTMENT: PLANNING & COMMUNITY ENVIRONMENT DATE:AUGUST 2, 2004 CMR: 369:04 SUBJECT: APPROVAL OF CONTRACT WITH KEYSER MARSTON ASSOCIATES, INC. IN THE AMOUNT OF $137,085 FOR ANALYSES TO SUPPORT THE CITY OF PALO ALTO’S BELOW MARKET RATE (BMR) HOUSING PROGRAM RECOMMENDATION Staff recommends that the City Council approve the attached contract with Keyser Marston Associates, Inc., in collaboration with Anderson and Associates, in the amount of $137,085 for analyses to update the City of Palo Alto’s Below Market Rate Housing Program; and authorize the Mayor to execute the contract. BACKGROUND The City founded its Below Market Rate (BMR) Housing Program in 1974, making it one of the first established in the U.S. Over the past 30 years, the City and Palo Alto Housing Corporation (PAHC), a private non-profit corporation under contract to the City as the program administrator, have acquired significant expertise in developing, marketing, selling, maintaining and reselling BMR units, as well as enforcing deed restrictions relating to occupancy, rental and transfers. Over time, however, various administrative issues have arisen regarding implementation of the program due, to a large degree, to the unforeseen escalating values in the Palo Alto housing market resulting in unanticipated long-term ownership of many of the BMR units. Deed restrictions and appreciation formulae of the BMR Program vary with individual projects and should be re-evaluated. In addition, Program H-37 of the City’s recently adopted 2002 Housing Element, which calls for adoption of an ordinance codifying the BMR Program, needs to be implemented. In adopting the 2002 Housing Element, the Council gave general direction for an overall re-evaluation and update of the BMR Program. CMR: 369:04 1 of 5 Staff, working closely with PAHC, developed a work. program for the update process. The intent of the update is to evaluate opportunities for improving the program that will further the City’s goal of producing and retaining affordable housing, in addition to dealing with the aforementioned administrative issues. The update analysis would provide data for the City Council to assess the future direction of the program with a focus on increasing effectiveness and efficiency in the BMR Program. After outlining tasks and identifying principal work products and the type of expertise needed, staff evaluated cost-effective ways to supplement the limited staff time and resources that could be dedicated to the update effort. A contract planner was hired in July 2003 to manage the overall update process. In early June 2004 a graduate student was hired for research tasks and database preparation to supplement the consultant and contract planner work. DISCUSSION Scope of Services Description The scope of work to be performed under the proposed contract is for a range of analyses to support the BMR Program. Please see Attachment B for the complete scope of services. Major tasks in the scope include: []Background, Housing Inventory and Related Analyses: Comment on inventory database and owner survey instrument []BMR Unit Value and Maintenance: Examine initial sales prices of new units, appreciation schedule, maintenance and treatment of capital improvements, special assessments []Deed Restrictions: review impact of deed restrictions On buyer financing, enforcement of program requirements and implementation of new deed restrictions []Administrative Procedures Manual: examine waiting list administration and resale .process and procedures [] Program hnplementation Policy Analysis: evaluate in-lieu fee formula, increasing supply of BMR units, program’s history vs. current needs, qualitative and quantitative policy analysis of economic costs and benefits of program and rental vs. ownership [] Public Meetings: study session with Planning and Transportation Commission (PTC) and City Council and punic hearings with both Council and PTC on the draft recommendations The update process will involve participation by both City staff as well as the consultant team to complete the overall effort. In conjunction with the consultant contract, the City’s contract planner will prepare a revised BMR Procedures and Policies Manual for administrative use and a BMR owner handbook as well as update the BMR inventory CMR: 369:04 2 of 5 database of housing stock. The City Attorney’s Office will prepare the BMR Ordinance and new legal documents for enforcement of the revised deed restrictions. City staff will be working in full partnership with PAHC in the update process. Attached is a summary of the principal work products and responsibilities for completion of the update (Attachment C). Summary of Solicitation Process Proposal Description!Number Proposed Length of Project Number of Proposa!s Mailed Total Days to Respond to Proposal Pre-proposal Meeting Date Number of Proposals Received: Company Name Analyses to Support the city of Palo Alto’s Below Market Rate (BMR) Housing Program/105048 Selected for interview? No interviews held 12 months~ 9 28 None 2 Location (City, State) 1. Keyser Marston Associates,San Francisco, CA Inc. 2. Vernazza!Wolfe Associates Oakland, CA No interviews held Range of Proposal Amounts $87,000 to $137,085 Submitted oral A Request for Proposals (RFP) to select a consultant team to prepare the bulk of the analyses for the BMR Program update process was distributed to nine consultants in February of 2004. Two proposals were received. One proposal was from Keyser Marston Associates, Inc. (ICMA) for $137,085 and the other was from Vernazza/Wolfe Associates for $87,000. An evaluation committee consisting of representatives from the Department of Planning and Community Environment, the City Attorney’s Office and Palo Alto Housing Corporation reviewed the proposals. The committee carefully reviewed each firm’s qualifications and submittal in response to the criteria identified in the RFP including: completeness of response and evidence of understanding the purpose, objectives and requirements of the project; composition of the consultant team and project manager and their direct experience and expertise with administration of inclusionary housing programs; flexibility and availability to accommodate meetings and public consultation; experience and skill in public presentations and facilitating meetings; demonstrated experience and familiarity with legal aspects of real estate/title deed documents; and contract cost. CMR: 369:04 3 of 5 The results of the selection committee were unanimous; all members of the selection committee favored the I~VIA team because it offered the best approach to the analyses and the team included Anderson and Associates, who had hands-on experience in developing and implementing below market rate programs. Although the Vernazza/Wolfe Associates (VWA) proposal was less costly, the committee considered the IGX4A proposal to be more focused on the relevant issues for the study, primarily the deed restrictions, the appreciation schedule and maintenance and treatment of capital improvements in the units. Janet Anderson’s extensive experience in administering as well as developing below market rate programs was a critical factor in the selection of the KMA team. RESOURCE IMPACT Funds for the update were appropriated from the Residential Housing In-Lieu Fund’s FY2003-04 budget for contract and consultant services, with unspent funds carried over to FY04/05. Funding allocated to the update consists of an overall budget of approximately $205,000 including $137,085 for the consultant contract, $50,000 for the contractplanner, $8,000 for the intern and $10,000 for contract legal assistance. POLICY IMPLICATIONS Preparation of a comprehensive update to the BMR Program is consistent with the overall goals of the Housing Element of the Comprehensive Plan and specifically with policies H-36 and H-37 that pertain to the BMR Program. ENVIRONMENTAL REVIEW The approval of an agreement for consulting services is statutorily exempt (Section 15262) from the California Environmental Quality Act. ATTACHMENTS Attachment A:Contract Attachment B:Scope of Services Attachment C:BMR Update Overall Work Program CMR: 369:04 4 of 5 PREPARED BY:~~O~ Advance Planning Manager DEPARTMENT HEAD: STE"nMS£ , of Planning and Community Environment CITY MANAGER APPROVA EMIL’~FIARRISON Assistant City Manager CMR: 369:04 5 of 5 ATTACHMENT A CONTRACT NO. EETWU~EN THE CiTY OF PALOALTO ~!qI) KEYSER I<~[STON ASSOCIATES, INCo FOR CONSULTING SERVICES This .Contract No.is entered into , by and between the CITY OF PAL0 ALTO, a chartered city and a municipal corporation of the State of California ("CITY"), and KEYSER YIRSTON ASSOCIATES, INC. located at 55 Pacific Avenue Mall, San Francisco, CA 94111 ("CONSULTANT"). RECITALS: WHEREAS, CITY desires certain professional consulting services ("Services") and the preparation and delivery of, without limitation, one or more sets of documents, drawings, maps, plans, designs, data, calculations, surveys, specifications, schedules or other writings ("Deliverables") (Services and Deliverables are, collectively, the "Project"), as more fully described in Ey~ibit "A"; and WHEREAS, CITY desires to engage CONSULTANT, including its employees, if any, in providing the Services by reason of its qualifications and experience in performing the Services, and CONSULTANT has offered to complete the Project on the terms and in the manner set forth herein; NOW, THEREFORE, in consideration of the covenants, terms, conditions, and provisions of this Contract, the parties agree: SECTION i. TERM i.I This Contract will commence on the date of its execution by CITY, and will terminate upon the completion of the Project, unless this Contract is earlier terminated by CITY. Upon the receipt of CITY’s notice to proceed, CONSULTANT will commence work on the initial and subsequent Project tasks in accordance with the time schedule set forth in Exhibit "A". Time is of the essence of thisContract. In the event that the Project is not completed within the time required through any fault of CONSULTANT, CITY’s city manager will have the option of extending the time schedule for any period of time. This provision will not preclude the recovery of damages for delay caused by CONSULTanT. SECTION 2.SCOPE OF PROJECT; CHANGES & CORRECTIONS 2.1 The scope of Services and Deliverables constituting the Project will be performed, delivered or executed by CONSULT;~T under the phases of the Basic Services as described below. 2.2 CITY may order substantial changes in the scope or character of the Basic Services, the De!iverables, or the Project, 040722 syn 8250036 either decreasing or increasing<:.hhe amount of work required of CONSULTAI~T. In the .e~ent that such changes are ordered, subject to the approval of CIT¥’~iCity Counci!, as may be required, CONSULTANTwill be entitled to fu!$~ compensation for all work performed prior to CONSULT_~qT’s receipt of the notice of change and further wil! be entitled to an extension of the time schedule. Any increase in compensati0n: .for :. substantial changes wil! be determined in accom~an~e with the~:provisions of this Contract. CITY will not be .~,~able fore.the c0s~_,or pa]~ment of any:change in work, unless the ~mount~0[ additiona~, compensation att~ributable to the change in work is agreed to, inwriting, by CITY before CONSULTANT commences the performance of any such change in work. SECT!ON 3. QUALIFICATIONS, STATUS, CONSULTanT DUTIES OF 3.1 coNSULTANT represents andwarrants that it has the eAstertide, land profe~isional qualifications to furnish or cause to be furnished the Services and Delivera~les. CONSULT’A~T further represents and warrants that the project director and every individual, including any consultant (or contractors), charged with the. performance of the Services are duly lidensed or certified by the State of.. California,~ to the extent such licensing or certification~ is required by law to perform the Services, and that the Project will be executed by t.hemor under their supervision. COHSULTANT will furnish to CITY for approval, prior to execution of this Contract, .a list of all individuals and the names of their empl0yers or principals to be emp!oyed as consultants. 3.2 In reliance on the representations and warranties set forth in this Cont}act, CITY hires CONSULTANT to .execute, and CONSULTANT covenants and agrees that it wil! execute or cause to be executed, the--Project. 3.3 CONSULTANT will assign Debbie M. Kern as the project director to have supervisor], responsibility for the performance, progress, and execution of~the Project-. Debbie M. Kern will be assigned as the projec-t coordinator who will represent CONSULTANT during the day-to-day.work on the Project. If circumstances or conditions subsequent to the eiecution of this Contract cause the substitution of the pro]ect director or project coordinator for any reason, the appointment of a substitute project director or substitut@ project coordinator will be subject to the prior written a~proval of the project manager. 3.4 CONSULTANT represents and warrants that it will: 3.4.1 Procure all permits and licenses, pay all charges and fees, and give al! notices which may be necessary and incident to the due and lawfu! prosecution of the Project; 3.4.2 future Federal, Keep itself-fully informed of all existing and Sta.t.e of California,_ and local laws, ordinances, regulations, orders,<,, and decrees which may affect those engaged or emp!oyed under this Contract and any materials used in CONSULTANT’s performance of the .Servi~ces; ~3_.4..3 .:i At all times observe and comply with, and cause its employees’ and ~consultants, if any, who are assigned to the performance of this_Contract to observe and comply with, the laws, ord£nanmes, regulmti:0ns, :o.r~ders and.decrees mentioned above; and 3.4.4 " -Wi,ll report immediately to the project manager, in writing, any discrepancy or inconsistency it discovers in the laws, ordinances, regulations, orders, and decrees mentioned above in relation to the Deliverables. " 3.5 Any Deliverablesgiven to, or prepared or assembled by, C0NSJLTANT or its consultants, if any, under this Contract will become the property:-,of CiTY and will not be made available to any individual or organization by CONSULTANT or its consultants, if any, without the priQr written approval of the city manager. 3.6 CONSULTANT will provide CITYwith ten (i0) copies of any documents .which ~re :a part of the Deliverables upon their completion and acceptance by CITY and one electronic copy in Microsoft Word 2000.. ~ ~ 3.7 if C:~TY requests additional copies of any documents which are a part of the Deliverables, CONSULTANT will provide such additional copies and CITY will compensate CONSULTANT for its duplicating costs. 3.8 _CONSULTANT will be responsible for employing or engaging al! persons necessary to execute the Projects All consultants of CONSULT~qT will be deemed to be directly controlled and supervised by CONSULTANT, which will be responsible for their performance. If any employee or consultant of CONSULTANT fails or refuses to carry out the provisions of this Contract or appears to be incompetent or to.act in a disorderly or improper manner, the employee or consultant will be._discharged immediately from further performance under this ~Contract on demand of the project manager. 3.9 In the execution of the Project, CONSULTANT and its consultants, if any, will at all times be considered independent contractors and not’agents or employees of CITY. 3.10 CONSULTANT will perform or obtain or cause to be performed or obtained any and all of the following Additional Services, not included under the Basic Services, if so authorized, in writing, by CITY: 3.10.1 Providing services as an expert witness in connection with any public hearing or meeting, arbitration proceeding,or proceeding of a court of record; 3.10.2 Performing.any other Additional Services that may be agreed upon by the parties subsequent to the execution of this Contract.; and 3.10~3 Other Additional Services descmibed, in Exhibit ~’!A’! to this Contract. SECTION 4~<<~DUTIES OF C!TY now or hereafter 4.1 CITY wi~ll furn’ish or cause to be furnished the services listed in Exhibit ’~A’~ and such information regarding its requirements applicable to the Project as may be reasonably requested by_CONSULTANT. 4.2 ClT~-will review and approve, as necessary, in a ~±me{ly manner the De.liverables and each phase of work performed by ~0NSULT~T. CITY~’s estimated time of review and approval wil! be furnished to CONSULTanT at the time of submission ~of each phase of work. CONSULTANT acknowledges and understands that the interrelated exchange of information among CITY’s various departments makes it extremely difficult for CiTY to firmly establish the time ofeach review and ~appr@vai task. CITY’s failure to review and approve within the estimated time schedule will not constitute a default mnder ~this Contract. 4.3 The city manager will represent CITY for all purposes under this Contract. Chief Planning Officer is designated as the project manager for the:city manager. The project manager will supervise the performance, progress, and execution of the Project, and will be assisted by the Advance Planning Manager. ~.4 If CITY observes or otherwise becomes aware of any default-.in the per~ermance of CONSULTANT, CITY will use reasonable efforts to give wri:i%ten notice t~ereo~f to CONSULTANT in a timely SECTION 5.COHPENSATiON 5.1 .CITY will compensate CONSULTANT for the following services and work: 5.1.1 In consideration of the full performance of the Basic Services, including any..amShorized r~imbursable expenses, CITY will pay CONSULTANT a fee not to exceed One Hundred Thirteen Thousand Three Hundred Five Dollars ($103,875). The amount of compensation will be calculated in accordance with the hourly rate schedule set forth in Exhibit "B", on a time and materials basis, up to the maximum amount set forth in this Section. Consultant agrees to perform all services set forth in Exhibit B within the not to exceed amount of this contract. The fees of the consultants, who have direct contractual relationships with GONSULT~qT, will be .approved, in advance., by CITY. CITY reserves 4 the right to refuse payment of such fees, if such prior approval is not obtained by CONSULTANT. 5.1.2 Inconsideration of the full performance of Additional Services~ ~:the amount :of compensation set forth in Exhibit<’!9" will nat exceed Thir~ty:Three ~Thousand Two Hundred Ten Dollars ($33,210). 5.1.3 The ful! payment of charges for extra work or changes, or both, in the execution of the Project will be made, provided such_request for payment is initiated by CONSULTANT and authorized~ in wri:ting, by the project manager. Payment will be made :.within thirty (30) days of submission by CONSULTANT of a statement, in triplicate, of itemized costs covering such work or changes, or both. _rPrior to commencing such extra work or changes, or both, the parties will agree in writing upon an estimated maximum cost for such extra work or changes. CONSULTanT wil! not be paid for extra work or changes, including, without limitation, any design work or change order preparation, which is made necessary on account of CONSULTAATT’s errors, omissions, or oversights~ 5.1.4 _.~.Direct personnel expense of employees assigned tothe .execution ol the Project by CONSULTANT will include only consultants and administrative support staff. Included in the cost of direct personnel expense of these employees are salaries and mandatory and customary benefits such as statutory employee benefits, insurance, sick leave, holidays and vacations, pensions and similar benefits. 5.2 The schedule of payments will be made as fol!ows: 5.2.1 . :Pa]~ent of the Basi.c Services will be made in monthly progress payments.in proportion to the quantum of services performed, or in accordance with any other schedule of .payment mutually agreed upon by the parties, as set forth in Exhibit "B", or within thirty (30) days of submission, in triplicate, of such requests if a schedule of payment is not specified. Fina! payment will be made by CITY aft~er CONSULTANT has submitted all Deliverables, including, without limitation, reports which have been approved by the project manager. 5.2.2 Payment of the Additional Services will be made in monthly progress payments for services rendered, within thirty (30) days of submission, in triplicate, of such requests. 5.2.3 No deductions will be made from CONSULTANT’s compensation on account of penalties, liquidated damages, or other sums withheld by CITY from payments to genera! contractors. 5 040722 svn 8250036 SECTION.@. ACC0~\~T!NG, AUDITS, OWNERSHIP OF RECORDS 6.1 Records of~ the _direct. personnel expenses and expensesincurred .in connection with the performance of Basic Services and Additional Services pertaining to the Project will be prepared, maintained, and retained by CONSULT~IgT in accordance with generally accepted accounting principles and will be made available to CITY for auditing, purposes at mutually convenient times during the term of ~!thi~s Contract and for three (3) years following the expiration or earlier termination of this Contract. :,~.~.:<~ . , _6.2 The originals of .the Deliverables prepared by or under the direction<of CONSULTANT :in the performance of this Contract will become ~the property of CITY irrespective of whether the Project is completed upon CITY’s payment of the amounts required to be paid to CONSULTANT. These originals will be delivered to CITY without additional compensation. CITY will have the right to,utilize any final and incomplete drawings, estimates, specifications, and any other documents prepared hereunder by CONSULTANT, but CONSULTANT disclaims any responsibility or liability for any alterations or modifications of such documents. SECTION 7. iNDEHN!TY 7.1 CONSULTANT agrees to protect, indemnify, defend and hold harmless CITY, its Council members, officers, employees and agents, from any and al! demands, claims, or liability of any nature .... inqluding death or injury to any person, property damage or any other loss, caused by or arising out of CONSULTANT’s, its officers’, agents’,k-consultants’ or employees’ negligent acts, errors, or omissions, or willful misconduct, or conduct for which applicable law may impose strict liability on CONSULTANT in the performance of or failure to. perform its obligations under this Contract. SECTION 8.WAIVERS 8.1 The waiver by either party of any breach or Violation of any~covenant, term, ~ondition or provision of this ~ontract or of the-provisions of any ordinance or law will not be deemed to be a waiver of any such covenant, term, condition, provision, ordinance,_ or law or of any subsequent breach or violation of the same or of any other covenant, term, condition, provision, ordinance or law. The subsequent acceptance by either party of any fee or other money which may become due hereunder wil! not be deemed to be a waiver of any preceding breach or violation by .the .other party of any covenant, term, condition or provision of this Contract or of any app!icable law or ordinance. 8.2 No pa]~ent, partia! payment, acceptance, or partial acceptance by CITY will operate as a waiver on the part of CITY of any of its rights under this Contract. SECTION 9.INSUKhNCE 9.1 CONSUETANT, ~t its’ sole cost and expense, will obtain and maintain_i in fullforce and effect during the term of this Contract, the insurance:c~overage described in Exhibit "C", insuring not only CONSULTanT and its consultants, if any, but also, with the exception,mf workers’ compensation, employer’s liability and professional.liability insurance, naming CITY as~ an .additional insured:<cen~erning. CONSULTANT~s performance under this Contract. 9.2 All insurance coverage required hereunder wil! be provided through carmiers with Best’s Key Rating Guide ratings of A:VII or higher whi:ch .are admitted to transact insurance business in the State of California. Any and all consultants of CONSULT}2qT retained to perform Services under this Contract will obtain and maintain, in ful! force and effect during the term of this Contract, identica! insurance coverage, naming CITY as an additiona! insured undersuch policies as re~ired above. ~_~Y~,’<.’ . i. 9.3 Cert.ificat.es of_.such insurance, preferably on the forms provided by CITY, will be filed with CITY concurrently with the execution of this Contract. The certificates will be subject to the approval of CI.TY’s risk manager and will contain an endorsement stating that tie insurance is primary coverage and will not be canceled, or altered by the insurer except after filing with the CITY’s .city clerk thirty .(30) days’ prior written notice of such canc~llation or alteration, and that the City of Pa!o Alto is named as an additional insured except in policies of workers’ compensa:tion, employer’s liability,._ and professiona! liability insurance. Current certificates of such insurance will be kept on file at all times during the term of this Contract with the city clerk. 9.4 The procuring of such required policy or policies of insurance will not be construed to limit CONSULTANT’s liability hereunder nor to fulfill the indemnification provisions of this Contract. Notwithstanding the policy or policies of insurance, CONSULTANT will be <obligated for the fmll and total amount of any damage, injury, orloss caused by or directly arising as a result of the Services performed under this Contract, including, such damage, injury, or loss arisi~g: after the Contract is terminated or the term has expired.. SECTION i0.WORKERS’ COMPENSATION i0.i CONSULTANT, by executing this Contract, certifies hhat it is aware of the provisions of the Labor Code of the State of California which mequire every employer to be insured against liability for workers’ compensation or to undertake self-insurance in accordance with the provisions of that Code, and certifies that it will comply with such provisions, as applicable, before commencing the performance of the Project. 7 040722 svn 8250036 SECTION ~ii. TEP~iNATION OR SUSPENSION OF CONTP~CT OR PROJECT ii.i The city manager may suspend the execution of the Project, in whole or~in part, or terminate this Contract, with or without cause, by ~giving thirty (30) days~ prior written notice thereof to CONSULTANT, or immediately after submission to CITY by C0NSULTAI~T of any:._c:ompleted item of Basic Services. Upon receipt of:::.~such-~:notice, CONSULTANT wil! immediately discontinue its performance under this Contract. 11.2 CONSULTANT may terminate this Contract or suspend its execution of the ~Project ~by giving thirty (30) days’ prior written notice thereof to CITY, but only in the event of a substantial failure of performance by CITY or in the ~event CITY indef±nitely.wi!thholds or withdraws its request for the initiation or continuation .of Basic Services or the execution of the Project. ii.3 Upon such suspension or termination by CITY, CONSULTANT will be:compensated for the Basic Services and Additiona! Services performed and De!iverables received and approved prior to receipt of written notice from CITY of .such suspension or abandonment, together with authorized additional and reimbursable e~-’penses then due. If the Project is resumed &fret it has been. suspended for more than 180 days, any change in CONSULTANT’s compensation will be subject to renegotiation and, if necessary, approvai~_ of CITY’s City_Comncil. If this Contract is suspended or termin~t,ed on ~ccount of a_default by CONSULTANT, CITY will be obligated to.compensate CONSULTANT only for that portion of C0NSULTAI\VT’s services.~which are of direct and immediate benefit to CITY, as such determination may be made by the city manager in [he reasonable exercise of her discretion. 11.4 !n the event of termination of this Contract or susp÷nsion of work~on the Project by CITY where CONSULTANT is not default, CONSULTANT wil! receive compensation as follows: 11.4.1 E0r approved items of services, CONSULTANT wil! be compensated for each item of Service fully performed in the amounts authorized under this Contract. !1.4...2 For approved items of services on which a notice to proceed is issued by CITY, but which are not fully performed, CONSULTANT will be compensated for each item of service in an amount which ~ears the same ratio to the total fee otherwise payable for the p_erformance ~f the service as the quantum of service actually rendered bears ~o the services necessary for the full performance of that item of service. 11.4 3 The total compensation payable under the ~h_s Section will not exceed the paymentpreceding paragraphs of ~ ~ specified under Section 5 for the respective items of service to be furnished by CONSULTANT. 11.5 Upon such suspension or termination, CONSULT_ANT will deliver to the mity.manager immediately any and all copies of the Deliverables, whether or not completed, prepared by CONSULTANT or its ~onsultants, if any, or given to CONSULTANT or its consu!tants, if ar~y, in connection with this Contract. Such materLals~..will become the property_of CITY. ii. 6 The i~ilure of CITY to agree with CONSULT}~Tr s independent findings, conclusions, or recommendations, if the same are called for under.this Contract, on the basis of differences in matters of judgment} :will not be construed as a failure on .the part of CONSULTANT to ::fulfil! its obligations under this Contract. SECTION !2.~ ASSIGNMENT 12.1 This Contract is for the persona! services of CONSULTanT, therefore, CONSULTANT wil! not assign, transfer, convey, or otherwise dispose of this Contract or any right, title or interest in or to the.same or any part thereof without the prior written consent of CITY. A consent to one assignment will not be deemed to _be a consent to any subsequent assignment. Any assignmenit made wi-thout the approva! of CITY wil! be void and,. at the option of thecity manager, this Contract may be terminated. This Contract will~.~ot be ~assignable._by..operation of law. SECTION 13~._ NOTICES 13.1 All notices hereunder will be given, in writing, and mailed, postage prepai.d, by certified mail, addressed as follows: To CITY:Office of the City Clerk ,City of Palo Alto .~,Bost Office Box 10250 Palo Alto, CA 94303 To CONSULTANT: Attention of the project director at the address of CONSULTanT recited above SECTION 14.CONFLICT OF INTEREST 14.1 !n accepting this Contract, CONSULTANT covenants :hat it presently has no interest, and will not acquire any interest, direct or in-direct, financial or otherwise, which would conflict in any manner or degree with the performance of the Services. 14.2 CONSULTanT further covenants that, in the performance of this Contract, it will not employ contractors or persons having such an interest mentioned above. CONSULTANT 9 certifies that no on~:,~who has or will have any financial interest under this Contract:~!is an officer or emp!oyee of CITY; this provision will be interpreted in accordance with the applicable provisions of the .Pal~.Alto Municipal Code and the Government Code of the State of California. ~ SECTiON!I:5. NONDISCRIMINATION 15.1 As .s~et forth in the Palo Alto Municipal Code, no discrimination will be made in the employment of persons under this Contract because of the ag.e, race, color, national origin, ancestry, religion, disability, sexual preference or gender of such person. If the~alue o.f this Contract is, or may be, five thousand dollars ~($5./00,0~ or more, CONSULTanT agrees to meet all requiremenfis of /t~e P.alo Alto Municipal Code pertaining to nondiscrimination in employment, including completing the requisite form furnished by CITY and set forth in Exhibit "D". 15.2 CONSUL~ANT agrees that each contract for services from independent providers will contain a provision substantially as follows: ~ ’!:[Name of Provider] will provide CONSULTANT With a mertificate stating that [Name of Provider].is currently in compliance with al! .:Federa! and State of California. laws covering nondiscgim&nation in employment; and that [Name of Provider] will not discriminate in the employment of any person under this contract becaus6 of the age, race, color, national origin, ancestry, religion, disability, sexua! preference or gender of such person.." 15.3 If GONSULT~9 i.s ~ :i~mmnd in violation of the nondiscrimination provisions of the State of California Fair Employment Practices:Act or .similar provisions of Federal law or executive order in theperformance of this Contract, it wil! be in default of this Contract. Thereupon, CITY wil! have the power to cancel or suspend this Contract, in whole or in part, or to deduct the sum of twenty-five dollars ($25) for each person for each calendar day during which such person was subjected to discrimination, as damages for breach of contract, or both. Only a finding of the State of California Fair Employment Practices Commission or the: equivalent federal agency or officer wi!I constitute evidence of a breach of this Contract. SECTION 16.~MISCELLANEOUS PROVISIONS 16.1 CONSULTANT represents and warrants that it has knowledge of the requirements of the federal Americans with Disabilities Act of 199@, and the Government Code and the Health and.Safety Code of<the Sta~te of sa±~ro, nza, relating to access ~ i0 public buildings and accommodations for disabled persons, and relating to facilitie-s for disabled persons~ CONSULTAI~T will comply with or ensure by its advice that compliance with such provisions will,be ~effected pursuant to the terms of~this Contract. 16.2 Upon the agreement of the parties, any controversy or claim arisin~ o~t~._of or ~rel~tin~ tolthis Contract may be settled by arbitration in accordance with the Rules of the American Arbitration Association, and judgment upon the award rendered by the Arbitrators may be e~tered in any court having jurisdiction thereof. 16.3 This Contract will be governed by the laws of the State of California, excluding its conflicts of law. ~:. ~ ~16.4 In ~he event that ~an .action is brought, the parties igree that trial of_such action will be vested exclusively in the state courts of California or in the United States District Court for the Northern District of .California in the County of Santa Clara, State of California. 16.5 The prevailing party in any action brought to enforce the terms o£ this Contract or arising out of this Contract may recover its reasonable costs and attorneys’ fees expended in connection with that action. 16.6 This. document represents the entire and integrated Contract between the parties and supersedes al! prior negotiations, representations, and contracts, either written or ora!. This document may he amended only by a written instrument, which is signed by the parties. 16.7 All provisions of this Contract, whether covenants or conditions, will be deemed to be both covenants and conditions. 16.8 The~covenants, terms, conditions and provisions of this Contract will apply to, and wil! bind, the heirs, successors] executors, administrators, assignees, and consultants, as the case may be, of the parties. 16.9 If a court of com_metent jurisdiction finds or rules that: any provision..of this Contract or any amendment thereto is void or unenforceable, the unaffectedprovisions of this Contract and any amendments thereto wil! remain in full force and effect. 16.10 All exhibits referred to in this Contract and any addenda, appendices, attachments, and schedules which, from time to time, ma~ be referred to in any duly executed amendment hereto are by such reference incorporated in this Contract and will be deemed to be a part of this Contract. 16.11 This Contract may be executed in any number of counterparts,each of which will be an original, but all of which together~will,constbtute one and the same instrument. 16.12 This Contract is subject to the fiscal provisions of the Charter of the,City .of Pa£o Altoand the Palo Alto Municipal Code. This Contract ~wi!l terminate without any penalty (a) at the end of any fiscal yearin the event that funds are not appropriated for the following fisca! ~ear,. or (b) at any time within a fiscal year in the event that funds are only appropriated for a portion of the fisca! year and funds for this Contract are no longer available. This Section 16.12 will take precedence in the event of a conflict with any other covenant, term, condition, or provision ~f this. Contract. . IN WiTNESS}.~EREOF, the parties hereto have by their duly authorized representatives executed this contract on the date first above written. APPROVED AS TO FORM:CITY OF PALO ALTO :-:~Senior Asst. City Attorney APPROVED : Director of Planning and Community.Environment Director of Administrative Services .~ insurance Review Assistant City Manager KEYSER KLARSTON ASSOCIATES, INC. By: Name: Title: By.: Name: Title: Taxpayer I.D. No. (Compliance with Corp. Code § 313 is requir.ed if the entity on whose behalf this contract is signed is a corporation. In the alternative, a certified corporate resolution attesting to the signatory authority of the individuals signing in their respective capacities is acceptable) . Attachments:EXHIBIT "A" : EXHIBIT "B" : EXHIBIT "C" ¯ EXHIBIT "D" : SCOPE OF PROJECT &TIME SCHEDULE RATE SCHEDULE INSURANCE NONDISCRIMINATION COHPLIANCE FORM 12 STATE OF COUNTY OF ¯ CERTIFICATE OF ACI41~OWLEDGMENT (Civil Code § i189) ) On , 2004, before me, the undersigned, a Notagy Public in and for said County and State, personally appeared , personally known to me or proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature s) on the instrument the person(s), or the entity upon behalf of which the person.(s) acted, executed the instrument. WITNESS my hand and official sea!. Signature of Notary Public 13 CERTIFICATE OF ACIqNOWLEDGMENT (Civil Code § 1189) STATE OF COUNTY OF ) On , 2004, beforeme, the undersigned, a Notary Public in and for said County and State, personally appeared , personally ]Known to me or proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ieS), and that by his/her/their signature s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instr-~ment. WITNESS my hand and official seal. Signature of Notary Public 14 ATTACHMENT B Exhibit A: Scope of Services KEYSER MARSTON ASSOCIATES, INC. Below Market Rate Housing Study - City of Palo Alto The following highlights the specific approach that Keyser Marston (KMA) and Anderson Associates (AA) will take in undertaldng the Below Market Rate (BMR) Housing Study for the City of Palo Alto. The BMR Housing Study will be divided into two phases. The first phase consists of Tasks 1 and 2. These two tasks encompass all of the analytical work required by the work program and necessary to prepare sound recommendations. Phase II consists of the Public Review Process (Task 3) and any possible participation by Keyser Marston Associates (KMA) in reviewing new legal program documents, such as a formal BMR ordinance, that the City’s legal counsel will have prepared based on the findings of these analyses. This phase also provides for additional staff meetings as part of the Phase II work scope. PHASE I Task 1. Housing Inventory and Related Analyses The objective of this task is two-fold. The first is to provide the City with a solid understanding of its BMR housing stock and the BMR homeowners. The second is to expand and enhance the existing database so that it provides a full detail of each BMR unit and can easily be updated and manipulated to generate useful periodic reports. KMA/AA’s role is to be limited to: (a) Reviewing and advising the City on the data fields to be included in the database; (b)Developing the format of the periodic reports to be generated by the database and provide software recommendations; and (c)Advising the City on the content and mechanics of conducting the owner survey in order to generate useful data for the BMR policy analyses. The City will input data into the database, develop a set of images of the inventory, develop a computer model to generate the periodic reports, and conduct the survey of BMR owners and compile the results. The specific subtasks to be undertaken by KMA are as follows: I. 1. Background on Current Issues KMA and AA will meet with the City and Palo Alto Housing Corporation (PAHC) to further define the City’s goals for the analyses as well as challenging issues facing the BMR program. The team will review all pertinent existing documents, such as copies of deed restrictions and administrative procedures. I. 2, Amend Inventory of Existing BMR Ownership Units I45VIA/AA will review the database and suggest modifications to the data fields. KMA will also provide recommendations regarding the most effective computer software to be used. I. 3. Analyses of Inventory of Existing BMR Ownership Units KMA/AA will work with staff to determine the content and format of summary reports that can be generated from the database. One element to be tracked is-the approximate equity that has accrued for each BMR home and for the entire Program. To estimate accrued equity, KMA will review recent home sales in each neighborhood for similar homes. 1.4. Survey of BMR Owners KMA will advise the City on the mechanics of conducting the survey and compiling results. KMA/AA will also review and comment on the survey questionnaire prepared by the City. I. 5. Work Products for Task 1 KMA will prepare the work products specified in the RFP, including two administrative drafts, a public draft~ and a final document for each of the following: ¯Additions/edits to inventory template; ¯Additions/edits to survey instrument ¯Sample summary report templates from inventory database; and ~Estimate of total equity that has accrued for each BMR owner unit and the BMR program as a whole. I. 6. Meetings KMA/AA will participate in two meetings with staff. The purpose of the first meeting will be to kick-off the study. The second meeting will be to discuss survey questions and the draft templates for the summary reports. Task II.A - Analyses of BMR Unit Value and Maintenance The basic structure for the following analyses will be to first review the Program’s existing provisions, compare the provisions to those of other successful programs, evaluate (where appropriate) the economic impacts of the existing provisions to alternative provisions, and then, based on the analyses, recommend specific changes to the existing Program. II.A. 1. Initial Sales Price for New Units The purpose of this task is to evaluate the existing formula for establishing the maximum affordable price at which developers can sell the deed restricted affordable units contained in their project. The objective is for the formula to maximize affordability while being economically viable. Under the City’s current program, maximum prices are based on a comparison of an income:driven pricing formula. KMA will evaluate the terms of the existing formula in terms of its impact on allowable prices, impact on project feasibility, ease of administration, and consistency with the policies of other jurisdictions in the State. To evaluate prices, KMA will evaluate the development economics ofprototypical condominium, townhouse, and single-family developments in Palo Alto. Based on this evaluation, KMA in coordination with AA will recommend a pricing formula for the deed-restricted units in the future. II.A.2. Appreciation Schedule The objective of this task is to determine the most appropriate index and formula for calculating permitted appreciation in home prices and equity returns to homeowners for both existing and newly built BMR units. KMA/AA will identify the appreciation terms of other successful programs and compare the impacts of the existing program’s terms to those of other programs. KMA will prepare examples of the application of various different formulas with up to three different prototypes of BMR stock for staff’s review. The examples will show financial returns to the seller (and City) under a range of assumptions regarding market appreciation, appreciation that can be realized by the seller, and deed restriction provisions. Based on this comparison, the Team will provide recommendations for amending the appreciation terms of the Program. The appreciation terms can then be incorporated into the deed restrictions. II.A. 3. Maintenance and Treatment of Capital Improvements on Resale The focus of this task is to evaluate mechanisms by which the homeowners and the City maintain the BMR units in good, marketable condition through repairs, rehabilitation, and capital improvements. KMA will review the existing deed restrictions to determine if the existing provisions in the deed restrictions function as a disincentive to owners to improve their units. If appropriate, KMA will prepare comparative economic analyses to illustrate economic impacts of alternative provisions. KMA and AA will prepare recommendations based on our collective experience, a review of the existing program, a review of the existing program, a review of available outside funding sources for repairs, rehabilitation, and capital improvements grants and loans, and .information gathered by the homeowner survey. The team’s recommendations will be provided in sufficient detail to be incorporated iiato the deed restrictions and/or the Procedures Manual. II.A. 4. Major Special Assessments for Capital Repairs and Increasing Monthly Condominium Dues Uncontrolled HOA dues and major special assessments are important issues facing many BMR programs. KMA/AA will evaluate alternative techniques and ease of administration for handling major special assessments and increases in monthly HOA fees, the effectiveness of the existing BMR Emergency Loan Program and identify potential sources of ongoing funds. II.A. 5. Work Products for Task 2A ICMA!AA will prepare a series of interim technical memorandums for each issue. The format of the formal documentation will be determined in collaboration with City staff. II.A. 6. Meetings for Task 2A Two meetings with staff are envisioned for this task. discuss preliminary findings and conclusions. The purpose of the meetings will be to Task II.B -Deed Restrictions II.B. 1. Impact of Deed Restrictions on Buyer Financing There has been considerable movement on the part of lending ins.titutions regarding the priority pos.ition of the affordability covenants vis-it-vis the lender’s first deed of trust. KMA will evaluate the covenants in light of these recent changes. KMA will work with the City’s legal counsel to identify conceptual deed restrictions that meet the City’s needs and are likely to be accepted by the lending community based on past experience. AA will take the lead in advising on sources of down payment assistance that are compatible with the City’s deed restrictions. II.B. 2. Enforcement of ~Program Requirements within Deed Restrictions AA will research and propose provisions in the deed restrictions that will prevent and enforce ¯ BMR program requirements, in particulars: owner occupancy of unit, prohibition of rental of unit, and prohibition of transfer without City review and consent. II.B. 3. Implementing New Deed Restrictions KMA and AA will collaborate with City staff and legal counsel regarding establishing the elements of new deed restrictions, including securing the City’s position with a silent second deed of trust, and providing for a sale to an income-eligible buyer and a sale at Fair Market value. II.B. 4. Work Product of Task II. B KMA/AA will prepare a series of technical memoranda for each issue, including a summary of each recommended change to the existing deed restrictions. II.B.5. Meetings for Task II.B Two meetings are anticipated for this task. Task II.C - Administrative Procedures for the Sale and Resale of BMR Units II. C. 1. Waiting List Administration and Resale Process and Procedures AA will review the deed restrictions, waiting list, BMR application, the BMR Policies and Procedures manual, BMR information package, resale procedures and other related documents. AA will compare the procedures of the existing Program for administering the waiting list, application screening, buyer selection, and resale of BMR units to those of other successful programs in the State. II. C. 2. Work Product for Task 2C AA will prepare a draft memorandum evaluating the City’s procedures related to the waiting list, application screening, buyer selection, and resale process and timeline; presenting and evaluating alternatives, including how improvements can be made to the unit between owners; and making recommendations. II. C.3. Meetings for Task 2C Two meetings are envisioned for this task. AA and KMA will first meet with staff of the City and PAHC to discuss the strengths and weaknesses of the existing process. The purpose of the second meeting will be to discuss the evaluation and recommendations. Task II.D - BMR Program Implementation: Policy Analysis KMA will explore ways in which the existing program could be modified to both increase in-lieu fee revenue generation and the production of BMR units. A third subtask will explore maj or policy change away from BMR ownership unit production in favor of increasing the supply of BMR rental units with the basic framework of the existing program assumed as a given - that is the percentage requirements and income levels are not subject to change. II.D. 1. In-Lieu Formula for BMR Housing KMA will analyze the existing in-lieu formula and how it compares to other traditional approaches to establishing the in-lieu equivalents to building required BMR units. Since the formula is applied to a range of residential types and price ranges, the analyses must cover the application of in-lieu measures to the full spectrum of new units in the Palo Alto Market. In order to accomplish this task, KMA will: Meet with staff to discuss the existing in-lieu formula and how its history, any perceived difficulties or shortcomings and initially to brainstorm alternatives. Assemble information, with the help of City staff, on residential construction activity - number of units in typical in-fill projects, number of units per year by project size, etc. Conduct market survey covering rental and ownership units. For ownership units, survey a cross section of new (or recent) condominium, townhouse and single family detached units selling in Palo Alto to ascertain sales price per unit and square foot, b major amenities, and geographic patterns of the marketplace. For rental units, survey rent levels for newer units, research information on operating expenses per unit, including property taxes, and establish unit values. Confirm affordable prices for various size ownership units, based on the City’ formula and current income levels. Similarly, confirm rental unit affordable rents and derive unit values. Compare market rate prices and rent levels to the affordable unit values. For all types of units, establish affordability gaps. Translate affordability gaps to in-lieu equivalents using a number of approaches such as the City’s existing percentage approach, fixed or sliding scale fees on per unit owed basis, per unit in the project basis. Identify practices in other jurisdictions. Explore per square foot fee approaches, as have been employed in some of the more recently adopted inclusionary BMR programs. Review the City’s current and past practices for applying in-lieu fees to special applications and compare to practices elsewhere. Special applications include very small projects, single-family detached projects and subdivisions. Evaluate if the City could use different practices to improve efficiency without reducing revenue. Summarize options for the City for structuring in-lieu fees and other modifications to maintain or increase the revenue currently generated by the fee program. Conduct telephone interviews with selected jurisdictions that have differing practices for input on effectiveness. Summarize the pros and cons of each option from several standpoints, such as administrative aspects, perceived fairness, any influence on how residential projects are configured, etc. II.D. 2 Increasing the Supply of BMR Units Explore options for increasing the supply of BMR Units appropriate to the most critical affordable housing needs of Palo Alto. As a first step, KMA will confer with City staff and reach agreement on what the most critical needs are. KMA will examine BMR applications to specific situations, such as those indicated below, and recommend adjustments to Palo Alto practices that would increase BMR Unit production. Application procedures with respect to R-1 subdivisions, particularly for the condition where the developer that subdivides is not likely to also be the end builder. Application procedures with respect to rentalswith condo maps, and the demolition of rental housing. Explore practices elsewhere, seek out pitfalls and best practices, and recommend accordingly. Application of program elements relative to applying BMR requirements to senior assisted living facilities, e.g., approaches to handling monthly charges. KMA recommendations will be based on experience with other programs and limited additional research. Density Bonus. Assist with applying State Law provision to the Palo Alto program and explore how Palo Alto might incorporate its oma version of a DenSity Bonus into its ordinance. This task will address differences in income levels in the two programs, equivalencies of the affordability requirements, the value of the bonus as relates to land costs per unit and related topics. Evaluate options for increasing production of BMR units in specific situations. Assist staff withexamining options to alter the program when very large size units are proposed. II.D.3. Evaluate the BMR program ’s history, pelformance and original goals and objectives in light of the current local housing market and the City’s affordable housingprogram. Assess to what extent the program has or has not met the City’s original objectives, to evaluate the City’s current needs, and to identify potential program changes to best meet the City’s current and anticipated needs. To set the context for the evaluation, KMA proposes to: Review ofthe City’s original goals and objectives for the BMR program, the market conditions that shaped these objectives, and the City’s original thoughts on the administrative effort/expense that would be required; Review of the performance of the BMR program. Much of this information will be generated from the inventory review, discussions with City. staff, as well as the survey of owners. Examine to what extent has the BMR program has facilitated transition to market rate ownership housing? Assess the City’s current affordable housing needs in terms of ownership versus rental, level of affordability, target populations, etc. based on disCussions with staff and a review of ABAG regional housing needs data. II.D. 3.A. Conduct a Policy Analysis and Evaluation with quantification of the economic impacts and benefits to the City’s Affordable Housing Program, of major policy changes to the BMR Program. As an initial step, KMA will prepare a qualitative assessment of each of the five alternative structures (two for existing ownership properties and three for new developments). The qualitative assessment would evaluate each alternative relative to the following criteria: City Administration/Cost/Implementation!Institutional Factors, Required City Financial Participation, Result in increase in BMR units, Populations or constituencies served, Compatibility with balance of project, Feasibility from the Private Market/Developer’s Perspective, Feasibility from the Existing Owner’s Perspective, and Legal Factors This initial qualitative assessment will be presented in the format of a matrix, which will enable policy makers to easily compare the pros and cons and tradeoffs of each alternative. This initial qualitative assessment will be used to narrow the feasible alternatives for a quantitative/detailed assessment. The types of analyses that are likely include: Quantify fee revenues resulting from altered policies related to new ownership projects. Fees will be based on the in-lieu quantification task above (II.D. 1) and rate of construction based on historic performance or other scenario if requested by City staff. In-lieu fee amounts will be considered on average units and on a range basis (i.e., explore varying the fee amount by the price range of the market rate units in the project). Evaluate aspects of converting existing BMR ownership units to market rate units and City receiving the sales proceeds over and above the proceeds owed to the seller. Quantify, on an order of magnitude basis, the revenue the City would realize from conversion of each BMR unit (built at various time periods). Identify the number of units likely to transition each year, based on past history (or possibly with an incentive program). Worldng with City staff and legal input, .identify administrative aspects of transitioning units. With City input, estimate staff costs per unit for each transition. Summarize non-quantifiable aspects of the conversion option. Evaluate aspects of requiring new ownership projects to set aside units for rental instead of ownership. Quantify the cost/burden to the developer equivalency aspects. Identify issues this option raises with respect ownership of the rental unit, management of the unit, operating expenses, other condo owners in a project, HOA contributions, etc. II.D. 4. Work Product for Task IID KMA will prepare three technical memoranda summarizing the analysis, findings, and recommendations for each of the task groups. II.D. 5. Meetings for Task IID KMA anticipates two meetings with staff. PHASE II Task III- Public Review of Analyses and Participation in New Legal Documents III.1. Public Review Process The KMA team will participate in public meetings at the direction of staff. Separate time and materials costs will be required to prepare for meetings and attend meetings. III.2. Participation in Preparation of Legal Documents The KMA team will confer with the City’s legal counsel regarding the preparation of the deed restrictions and other documents at the City’s election. These services will be provided on a time and material basis. o (D ATTACHMENT C WORK PROGRAM UPDATE OF THE CiTY OF PALO ALTO BNIR PROGRAM Ju~ 19, 2004 Principal Work Products: [Not in order of completion or priority] 1) BMR Ordinance for Council adoption ¯2a) New, Revised Deed Restrictions: To be applied to all future units. 2b) New Legal Documents for Enforcement: To improve notice and enforcement of the Deed Restrictions 3) Revise Appreciation Formula: Recommendation to increase the rate of appreciation 4) New and revised Administrative Procedures and Policies Manual: For use by PAHC and City staff covering all aspects of program administration 5) BlViR Owner Handbook: For use by BMR owners to understand conditions ofBMR Program 6) Update Existing Inventory / Expand Database of the City’s stock of BMR and Discount Units and Rental BMR Units: Include title search, physical inspections and owner survey, all versions of deed restrictions and BMR agreements. Examine mechanisms for periodic ongoing monitoring of title records 7) Develop mechanism(s) to prevent physical deterioration of older BMR units 8) Improve Administrative Procedures to Increase Effectiveness and Limit Costs: Analysis of total current Primary Responsibility City Attorney (with review by outside counsel) City Attorney (with input from Consultant) Consultant PAHC, Consultant and Contract Plarmer Contract Planner Contract Planner, Intern, PAHC, Consultant, Real Estate, Title Search Company Contract Planner, attorney, consultant & PAHC Contract Planner, City staff, PAHC H:~BMR Study Matrix Revised Per 2-2-04 Mtg.d~c Page 1 administrative costs; recommend changes to streamline workload, reduce costs and time expended and increase effectiveness. 9) Analysis of City’s policy goals & objectives for the BlViR ownership p~ogram: A) Summary of program’s history, philosophy and rationale B) How can City improve its use of the BMR requirement to increase the City’s affordable housing stock? C) Analysis of possible major policy changes to the Program including: ¯Converting existing owner units to rental as owners sell, or ¯Selling existing owner units at market prices & using proceeds to develop subsidized rental housing ¯ Requiring some or all developers of ownership projects to provide rental BMR units either within the project or off-site Taking an in-lieu fee instead of units in all ownership projects Consultant (with legal analysis) Also contract planner, PAHC, Staff H:\BMR Study Matrix Revised Per 2-2-04 Mtg.doc Page 2