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HomeMy WebLinkAbout05/02/2012 5D AGENDA BILL CITY OF BREMERTON CITY COUNCIL 51) eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeseeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeees SUBJECT: Timber Harvest Management & Study Session Date April 25, 2012 Marketing Services — Modification COUNCIL MEETING Date May 2, 2012 Agreement 2 Department PW &U Presenter Bill McKinney Phone 473 -5354 SUMMARY: A professional services agreement was executed between the City and Lusignan Forestry, Inc of Shelton, WA on April 27, 2010 for timber harvest management and marketing services. This agreement expires May 1, 2012 During this period the Contractor has delivered a high level of service with increased net values to the City for harvested timber City staff recommends extending the termination date through December 31, 2014 by means of the attached Contract Modification Agreement. All other conditions of the agreement will remain unchanged A previous modification agreement to revise insurance requirements was executed on September 7, 2010 1 ATTACHMENTS: 1 ) Contract Modification Agreement No. 2; 2) Council Summary FISCAL IMPACTS (Include Budgeted Amount) Contractor compensation will be paid from future timber proceeds at the rate contained in Exhibit B Fee Schedule Based on average of $500,000 annual timber revenue, Contractor fees will be approximately $41,000 /year APPROVALS: DEPARTMENT DIRECTOR CITY ATTORNEY FINANCE DIRECTOR MAYOR RECOMMENDED MOTION: Move to approve Contract Modification No 2 to the Professional Services Agreement between the City of Bremerton and Lusignan Forestry, Inc and authorize the Mayor to finalize and execute the agreement with substantially the same terms and conditions as presented STUDY SESSION ACTION: Consent Agenda 9, ❑ Genera Business F1 Public Hearing . � COUNCIL PRESIDENT COUNCIL ACTION: [Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action Form Updated 11/02/2011