Title
a. Approve the Kents Court Management Agreement between the County of Monterey and the John Stewart Company in the amount of $57,800 for a three (3) year term;
b. Accept non-standard language in the agreement as recommended by the Director of Economic Development; and
c. Authorize the Director of Economic Development to make minor alterations that do not significantly change the terms of the contract and sign the Kents Court Management Agreement including up to two (2) renewals of the Agreement, of one (1) year each, which would together result in additional compensation of no more than $41,500, for a maximum contract amount of $99,300.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Approve the Kents Court Management Agreement between the County of Monterey and the John Stewart Company in the amount of $57,800 for a three (3) year term;
b. Accept non-standard language in the agreement as recommended by the Director of Economic Development; and
c. Authorize the Director of Economic Development to make minor alterations that do not significantly change the terms of the contract and sign the Kents Court Management Agreement including up to two (2) renewals of the Agreement, of one (1) year each, which would together result in additional compensation of no more than $41,500, for a maximum contract amount of $99,300.
SUMMARY:
Kents Court is a 19-unit affordable housing project in Pajaro that is owned by the County of Monterey. The property has been managed by South County Property Management (SCPM) since 2010. The County issued a Request for Proposals (RFP) to solicit property management proposals and selected the John Stewart Company (JSCo) to manage the property on behalf of the County.
DISCUSSION:
Kents Court is a 19-unit affordable housing project in Pajaro. The former Redevelopment Agency purchased the land and provided a loan to South County Housing Corporation (SCHC) to purchase 19 manufactured home...
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