HomeMy WebLinkAboutAgenda Report - March 7, 1990 (55)FROM: City Manager
MffiTh1G DATE: Mawh 7, 1990
COUNCIL COMMUNICATION'
AGENDA TITLE: Agreement with Nietschke Real Estate and Property Management
for management of City property at 303 West Elm Street
RECOMMENDED ACHCN That the City Council authorize the City Manager to
execute Property Management Agreement for City property.
BACKGROUNO P47CRN14JM-: Requests for Proposals were sent out to eight
property management firms. Six responded by attending a tour of the
facility; completed proposals were received from three property management
National Real Estate Company Property Management submitted the best proposal,
but it was withdrawn later when the Property Manager handling the proposal
left the firm to start her omn business.
A rev Property Management Proposal was submitted by Dae Nietschke Real Estate
and Property Management for 8/oof the gross collected monthly rent. The
monthly rent is anticipated to be approximately $1,200.00, and the monthly
management fee about $96.00. The contract is renewable on a yearly basis and
the City will renew the contract if the service received is satisfactory.
Request for approval includes authorization to renew the proposal at that
time.
The Property anagement Agreement has been reviewed by the City Attorney.
JaL. Ronsko
Pub is Works Director
JLR/DC/lw
cc: City Attorney
Building/Equipment Maintenance Superintendent
APPROVED:
I
CNEITSCH/TXTW.02M
.SUN. Citv Mi
March 1, 1990