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<br />Mr. Christopher J. Russo <br />City Manager <br />2 <br /> <br />6. prepare a preliminary action plan to achieve the City's redevelopment objectives <br />including necessary steps and order of magnitude costs of implementation; and <br /> <br />7. prepare a "due diligence" report incorporating all of the work that has been <br />completed in a duplication-ready format. <br /> <br />We propose to perform this due diligence effort for a fixed fee of fifteen thousand dollars <br />($15,000.00), plus reasonable out-of-pocket expenses for copying, printing and other production <br />costs. In addition, we would like to reserve an opportunity to request up to an additional three <br />thousand dollars ($3,000.00) for a specific subject market data survey if we are not satisfied with <br />the information that the City has available. Weare prepared to commence work immediately and <br />expect that the work could be completed within forty-five (45) days of your direction to proceed. We <br />propose that our fee be paid in two (2) installments of seven thousand five hundred dollars <br />($7,500.00) each, with the first installment due upon completion of fifty percent (50%) of the work <br />and the second payment, plus qualifYing expenses, upon the delivery ofthe due diligence report to <br />the City. <br /> <br />In anticipation of proceeding, we have identified a number of documents which we would <br />like to obtain from the City: <br /> <br />1. Any correspondence with the County in regard to the possible formation of a CRA. <br /> <br />2. Ad valorem property tax assessment data for the study area, including property <br />ownership. <br /> <br />3. Aerial photography in the possession of the City, planar or oblique views. <br /> <br />4. City's Annual Budget. <br /> <br />5. A list of key individuals who should be interviewed. <br /> <br />6. A color copy of the City's logo. <br /> <br />7. A description of code enforcement activity in the Study Area. <br /> <br />8. Data in regard to traffic accidents at the intersection of Sunny Isles Boulevard and <br />Collins A venue, as well as any available crime data for the Study Area. <br />