AGENDA CAPTION:
Title
Consider approval of Resolution 2024-220R, awarding a contract to Economic and Planning Systems, Inc. in the amount of $449,974.00 to provide public-private partnership services and transaction advice to the city for developing a plan that may include revitalization of the Hopkins gateway entrance to San Marcos from IH-35 to North C.M. Allen Parkway, construction of a new City Hall, redesigning existing facilities and parkland around City Hall, and increasing safe multi-modal transportation around City Hall with environmental protections for the nearby San Marcos River; authorizing the City Manager, or her designee, to execute the agreement on behalf of the city; and declaring an effective date.
Body
Meeting date: November 6, 2024
Department: City Manager’s Office
Amount & Source of Funding
Funds Required: $449,974.00
Account Number: Project C542
Funds Available: Yes
Account Name: City Hall/Gateway Project
Fiscal Note:
Prior Council Action: Click or tap here to enter text.
City Council Strategic Initiative: [Please select from the dropdown menu below]
Quality of Life & Sense of Place
Public Safety, Core Services & Fiscal Excellence
Economic Vitality
Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
☒ Economic Development - Choose an item.
☒ Environment & Resource Protection - Choose an item.
☒ Land Use - Choose an item.
☐ Neighborhoods & Housing - Choose an item.
☒ Parks, Public Spaces & Facilities - Choose an item.
☐ Transportation - Choose an item.
☒ Core Services
☐ Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Choose an item.
Background Information:
On August 16, 2024, the City received eight (8) proposals in response to RFQ 224-236 for Public-Private Partnership (P3) Financial & Transaction Advisor(s). Following evaluations and an interview process, a City-staffed evaluation team determined the most highly qualified firm to be Economic & Planning Systems, Inc. (EPS), located in Oakland, California.
The project will revitalize the Hopkins Street corridor between IH35 and North CM Allen Parkway and include the following goals:
• Build a new City Hall.
• Spark new development in the area that meets market and community needs.
• Leverage the existing City facilities and parkland to create a cohesive, well-designed, connected space that the community can enjoy.
• Safe, connected multi-modal transportation within the area.
• Attractive public spaces and roadways.
• Environmental protection of the nearby river.
The City Hall Project Director has negotiated the scope of services and deliverables for a e price of $449,974.00.
Council Committee, Board/Commission Action:
Click or tap here to enter text.
Alternatives:
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Recommendation:
Staff recommends award of a contract to EPS, Inc., for Public-Private Partnership (P3) Financial & Transaction Advisor Services.