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' ' ` , <br /> NEIGHBORHOOD SERVICES MEMORANDUM <br /> NO. 00-53 <br /> May 8, 2000 <br /> TO: Mayor Terry M. Howley& City Council Members <br /> FROM: Steve Garm ity Manager <br /> Rolanda Jo s n, Deputy City Manager �'�" <br /> Amina N. Ev ett,Neighborhood Services Manager� <br /> SUBJECT: Resolution Authorizing Contractual Agreement <br /> In an effort to further the development of commercial and retail development potentials for the <br /> Near North area, staff have identified a need for expertise in the specialized area of urban site <br /> and market development. Two riational firms with diversified experience in urban development <br /> submitted proposals. Based on staff analysis and information garnered from U. S. Housing and <br /> Urban Development representatives and industry experts, CBR Urban Development Inc. is <br /> hereby recommend to provide professional services within a defined scope of work. These <br /> pre-development services include a feasiblity assessment and site analysis. The firm will also <br /> work with the Near North stakeholders to explore the development of a profit-sharing <br /> cooperative or foundation to enhance and sustain the community after development is complete. <br /> Contract costs will not exceed$52,000 and will be funded from the Community Development <br /> Block Grant program. <br /> Staff is available for questions. <br />