Explanation
BACKGROUND: This legislation authorizes the Director of Development to modify a contract with BCN Real Estate Holdings LLC in an amount up to $393.00.
BCN Real Estate Holding LLC provide services that include trash and debris removal from structures, cleaning and abatement of vacant lots, boarding structures, graffiti removal, tree services, and similar work for properties in the Land Bank. At this time the contractor has exceeded their contract by $393.00 and in order to pay them for the work they have completed we must add/modify the existing contract by $393.00.
Original contract $100,000.00
Modification 1 $ 4,000.00
Modification 2 $100,000.00
Modification 3 $ 50,000.00
Modification 4 $ 393.00
$254,393.00
Emergency action is requested in order to pay for work already completed.
CONTRACT COMPLIANCE: The vendor’s vendor number is 023775 and the contract compliance dates are 4/3/2020 - 4/3/2022.
FISCAL IMPACT: Funds for this contract is available in the 2020 Division of Land Redevelopment budget in the Land Management Fund.
Title
To authorize the Director of the Department of Development to modify a contract with BCN Real Estate Holdings LLC in an amount up to $393.00; to authorize an expenditure up to $393.00 from the Land Management Fund; and to declare an emergency. ($393.00)
Body
WHEREAS, this ordinance authorizes the Director of the Department of Development to modify a contract with BCN Real Estate Holdings LLC; and
WHEREAS, the contractor has exceeded their contract by $393.00 and in order to pay them for the work they have completed we must add/modify the existing contract by $393.00; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to authorize the Director to modify a contract with BCN Real Estate Holdings, LLC in order to pay for work already completed, all for the preservation of the public health, peace, property, safety and...
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