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16-032 The Schmidt - Prescott Group, Inc., Consultant Services for a Park Dedication Fee StudyAGREEMENT BETWEEN THE CITY OF CUPERTINO AND THE SCHMIDT -PRESCOTT GROUP, INC. FOR CONSUI.TANT SERVICES FOR A PARK DEDICATION FEE STUDY THIS AGREEMENT, for reference dated Mwt,\I\ 1 , 2016, is by and between CITY OF CUPERTINO, a municipal corporation (hereinafter referred to as "City"), and THE SCHMIDT -PRESCOTT GROUP, INC., a California corporation, whose address is 2010 North First Street, Suite 390, San lose, CA 95131 (hereinafter referred to as "Consultant"), and is made with reference to the following: RECITALS: A. City is a municipal corporation duly organized and validly existing under the laws of the State of California with the power to carry on its business as it is now being conducted under the Constitution and the statutes of the State of California and the Cupertino Municipal Code. B. Consultant is specially trained, experienced and competent to perform the special services which will be required by this Agreement; and C. Consultant possesses the skill, experience, ability, background, certification and knowledge to provide the services described in this Agreement on the terms and conditions described herein. D. City and Consultant desire to enter into an agreement for consultant services for a Park Dedication Fee Study upon the terms and conditions herein. NOW, THEREFORE, it is mutually agreed by and between the undersigned parties as follows: 1. TERM: The term of this Agreement shall commence on the date this agreement is executed and shall terminate on June 30, 2016, unless terminated earlier as set forth herein. 2. SERVICES TO BE PERFORMED: Consultant shall perform each and every service set forth in Exhibit "A". titled "Scope of Services" which is attached hereto and incorporated herein by this reference. Page 1of12 The Schmidt -Prescott Group, Inc. for Park Dedication Fee Study 3. SCHEDULE OF PERFORMANCE: The Services of Consultant are to be completed by June 30, 2016. Consultant agrees to provide City a first draft of the report no later than June 1, 2016. 4. COMPENSATION TO CONSULTANT: The maximum compensation to be paid to Consultant under this agreement shall not exceed Seventeen Thousand Five Hundred Dollars ($17,500). The rate of payment is set out in Exhibit A, which is attached hereto and incorporated herein. Consultant shall furnish to City a detailed statement of the work performed for compensation during the term of this Agreement. Consultant may submit monthly invoices for interim progress payments during the course of each phase, clearly stating as a minimum the total Contract amount, amount paid to date, percent complete and amount due. 5. TIME IS OF THE ESSENCE: Consultant and City agree that time is of the essence regarding the performance of this Agreement. 6. STANDARD OF CARE: Consultant agrees to perform all services hereunder in a manner commensurate with the prevailing standards of like professionals in the San Francisco Bay Area and agrees that all services shall be performed by qualified and experienced personnel who are not employed by the City nor have any contractual relationship with City. 7. INDEPENDENT PARTIES: City and Consultant intend that the relationship between them created by this Agreement is that of employer-independent contractor. The manner and means of conducting the work are under the control of Consultant, except to the extent they are limited by statute, rule or regulation and the express terms of this Agreement. No civil service status or other right of employment will be acquired by virtue of Consultant's services. None of the benefits provided by City to its employees, including but not limited to, unemployment insurance, workers' compensation plans, vacation and sick leave are available from City to Consultant, its employees or agents. Deductions shall not be made for any state or federal taxes, FICA payments, PERS payments, or other purposes normally associated with an employer-employee relationship from any fees due Consultant. Payments of the above items, if required, are the responsibility of Consultant. Page 2of12 The Schmidt-Prescott Group, Inc. for Park Dedication Fee Study 8. IMMIGRATION REFORM AND CONTROL ACT (IRCA): Consultant assumes any and all responsibility for verifying the identity and employment authorization of all of his/her employees performing work hereunder, pursuant to all applicable IRCA or other federal, or state rules and regulations. Consultant shall indemnify and hold City harmless from and against any loss, damage, liability, costs or expenses arising from any noncompliance of this provision by Consultant. 9. NON-DISCRIMINATION: Consistent with City's policy that harassment and discrimination are unacceptable employer/employee conduct, Consultant agrees that harassment or discrimination directed toward a job applicant, a City employee, or a citizen by Consultant or Consultant's employee or subcontractor on the basis of race, religious creed, color, national origin, ancestry, handicap, disability, marital status, pregnancy, sex, age, or sexual orientation will not be tolerated. Consultant agrees that any and all violations of this provision shall constitute a material breach of this Agreement. 10. PROJECT COORDINATION CITY: Director of Public Works shall be representative of City for all purposes under this Agreement. Chad Mosley is hereby designated as the Director of Public Works' designee and Project Manager, and shall supervise the progress and execution of this Agreement. CONSULT ANT: Consultant shall assign a single Consultant Project Manager to have overall responsibility for the progress and execution of this Agreement for Consultant. Should circumstances or conditions subsequent to the execution of the Agreement require a substitute Consultant Project Manager for any reason, the Consultant Project Manager designee shall be subject to the prior written acceptance and approval of the City Project Manager. The designated Consultant Project Manager shall be Wayne Prescott. 11. HOLD HARMLESS: Indemnification: A. Claims for Professional Liability. Where the law establishes a standard of care for Consultant's professional services, and to the extent the Consultant breaches or fails to meet such established standard of care, or is alleged to have breached or failed to meet such standard of care, Consultant shall, to the fullest extent allowed by law, with respect to all Page 3of12 The Schmidt -Prescott Group, Inc. for Park Dedication Fee Study services performed in connection with the Agreement, indemnify, defend, and hold harmless the City and its officers, officials, agents, employees and volunteers from and against any and all liability, claims, actions, causes of action or demands whatsoever against any of them, including any injury to or death of any person or damage to property or other liability of any nature, that arise out of, pertain to, or relate to the negligence, recklessness, or willful misconduct of Consultant or Consultant's employees, officers, officials, agents or independent contractors. Such costs and expenses shall include reasonable attorneys' fees of counsel of City's choice, expert fees and all other costs and fees of litigation. Consultant shall not be obligated under this Agreement to indemnify City to the extent that the damage is caused by the sole negligence or willful misconduct of City, its agents or employees. B. Claims for Other Liability. Consultant shall, to the fullest extent allowed by law, with respect to all services performed in connection with the Agreement indemnify, defend, and hold harmless the City and its officers, officials, agents, employees and volunteers from and against any and all liability, claims, actions, causes of action or demands whatsoever against any of them, including any injury to or death of any person or damage to property or other liability of any nature, that arise out of, pertain to, or relate to the performance of this Agreement by Consultant or Consultant's employees, officers, officials, agents or independent contractors. Such costs and expenses shall include reasonable attorneys' fees of counsel of City's choice, expert fees and all other costs and fees of litigation. 12. INSURANCE: On or before the commencement of the term of this Agreement, Consultant shall furnish City with certificates showing the type, amount, class of operations covered, effective dates and dates of expiration of insurance coverage in compliance with paragraph 12A, B, C, D and E. Such certificates, which do not limit Consultant's indemnification, shall also contain substantially the following statement: "Should any of the above insurance covered by this certificate be canceled or coverage reduced before the expiration date thereof, the insurer affording coverage shall provide thirty (30) days' advance written notice to the City of Cupertino by certified mail, Attention: City Manager." It is agreed that Consultant shall maintain in force at all times during the performance of this Agreement all appropriate coverage of insurance required by this Agreement with an insurance company that is acceptable to City and licensed to do insurance business in the State of California. Endorsements naming the City as additional insured shall be submitted with the insurance certificates. Page 4of12 The Schmidt -Prescott Group, Inc. for Park Dedication Fee Study A. COVERAGE: Consultant shall maintain the following insurance coverage: (1) Workers' Compensation: Statutory coverage as required by the State of California. (2) Liability: Commercial general liability coverage in the following minimum limits: Bodily Injury: $500,000 each occurrence $1,000,000 aggregate -all other Property Damage: $100,000 each occurrence $250,000 aggregate If submitted, combined single limit policy with aggregate limits in the amounts of $1,000,000 will be considered equivalent to the required minimum limits shown above. (3) Automotive: Comprehensive automotive liability coverage in the following minimum limits: Bodily Injury: $500,000 each occurrence Property Damage: $100,000 each occurrence or Combined Single Limit: $500,000 each occurrence (4) Professional Liability: Professional liability insurance which includes coverage for the professional acts, errors and omissions of Consultant in the amount of at least $1,000,000. B. SUBROGATION WAIVER: Consultant agrees that in the event of loss due to any of the perils for which he/she has agreed to provide comprehensive general and automotive liability insurance, Consultant shall look solely to his/her insurance for recovery. Consultant hereby grants to City, on behalf of any insurer providing comprehensive general and automotive liability insurance to either Consultant or City with respect to the services of Consultant herein, a waiver of any right to subrogation which any such insurer of said Consultant may acquire against City by virtue of the payment of any loss under such insurance. C. FAIL URE TO SECURE: If Consultant at any time during the term hereof should fail to secure or maintain the foregoing insurance, City shall be permitted to obtain such Page 5of12 The Schmidt -Prescott Group, Inc. for Park Dedication Fee Study insurance in the Consultant's name or as an agent of the Consultant and shall be compensated by the Consultant for the costs of the insurance premiums at the maximum rate permitted by law and computed from the date written notice is received that the premiums have not been paid. D. ADDITIONAL INSURED: City, its City Council, boards and commissions, officers, employees and volunteers shall be named as an additional insured under all insurance coverages, except any professional liability insurance and automotive insurance, required by this Agreement. The naming of an additional insured shall not affect any recovery to which such additional insured would be entitled under this policy if not named as such additional insured. An additional insured named herein shall not be held liable for any premium1 deductible portion of any loss, or expense of any nature on this policy or any extension thereof. Any other insurance held by an additional insured shall not be required to contribute anything toward any loss or expense covered by the insurance provided by this policy. E. SUFFICIENCY OF INSURANCE: The insurance limits required by City are not represented as being sufficient to protect Consultant. Consultant is advised to confer with Consultant's insurance broker to determine adequate coverage for Consultant. 13. CONFLICT OF INTEREST: Consultant warrants that it is not a conflict of interest for Consultant to perform the services required by this Agreement. Consultant may be required to fill out a conflict of interest form if the services provided under this Agreement require Consultant to make certain governmental decisions or serve in a staff capacity as defined in Title 2, Division 6, Section 18700 of the California Code of Regulations. 14. PROHIBITION AGAINST TRANSFERS: Consultant shall not assign, sublease, hypothecate, or transfer this Agreement, or any interest therein, directly or indirectly, by operation of law or otherwise, without prior written consent of City. Any attempt to do so without said consent shall be null and void, and any assignee, sublessee, hypothecate or transferee shall acquire no right or interest by reason of such attempted assignment, hypothecation or transfer. However, claims for money by Consultant from City under this Agreement may be assigned to a bank, trust company or other financial institution without prior written consent. Written notice of such assignment shall be promptly furnished to City by Consultant. The sale, assignment, transfer or other disposition of any of the issued and outstanding capital stock of Consultant, or of the interest of any general partner or joint venturer or syndicate member or cotenant, if Consultant is a partnership Page 6of12 The Schmidt-Prescott Group, Inc. for Park Dedication Fee Study or joint venture or syndicate or cotenancy, which shall result in changing the control of Consultant, shall be construed as an assignment of this Agreement. Control means fifty percent (50%) or more of the voting power of the corporation. 15. SUBCONTRACTOR APPROVAL: Unless prior written consent from City is obtained, only those people and subcontractors whose names are included in this Agreement shall be used in the performance of this Agreement. In the event that Consultant employs subcontractors, such subcontractors shall be required to furnish proof of workers' compensation insurance and shall also be required to carry general, automobile and professional liability insurance in reasonable conformity to the insurance carried by Consultant. In addition, any work or services subcontracted hereunder shall be subject to each provision of this Agreement. 16. PERMITS AND LICENSES: Consultant, at his/her sole expense, shall obtain and maintain during the term of this Agreement, all appropriate permits, certificates and licenses including, but not limited to, a City Business License, that may be required in connection with the performance of services hereunder. 17. REPORTS: A. Each and every report, draft, work product, map, record and other document, hereinafter collectively referred to as "Report", reproduced, prepared or caused to be prepared by Consultant pursuant to or in connection with this Agreement, shall be the exclusive property of City. Consultant shall not copyright any Report required by this Agreement and shall execute appropriate documents to assign to City the copyright to Reports created pursuant to this Agreement. Any Report, information and data acquired or required by this Agreement shall become the property of City, and all publication rights are reserved to City. Consultant may retain a copy of any report furnished to the City pursuant to this Agreement. B. All Reports prepared by Consultant may be used by City in execution or implementation of: (1) The original Project for which Consultant was hired; (2) Completion of the original Project by others; (3) Subsequent additions to the original project; and/or (4) Other City projects as appropriate. C. Consultant shall, at such time and in such form as City may require, furnish reports concerning the status of services required under this Agreement. Page 7of12 The Schmidt -Prescott Group, Inc. for Park Dedication Fee Study D. All Reports required to be provided by this Agreement shall be printed on recycled paper. All Reports shall be copied on both sides of the paper except for one original, which shall be single sided. E. No Report, information or other data given to or prepared or assembled by Consultant pursuant to this Agreement shall be made available to any individual or organization by Consultant without prior approval by City. F. Electronic and hard copies of Consultant's work product shall constitute the Project deliverables. Plans to be in CAD and PDF formats, and other documents to be in Microsoft Word and PDF formats. City holds Consultant harmless for any modifications to the documents. 18. RECORDS: Consultant shall maintain complete and accurate records with respect to sales, costs, expenses, receipts and other such information required by City that relate to the performance of services under this Agreement. Consultant shall maintain adequate records of services provided in sufficient detail to permit an evaluation of services. All such records shall be maintained in accordance with generally accepted accounting principles and shall be clearly identified and readily accessible. Consultant shall provide free access to such books and records to the representatives of City or its designees at all proper times, and gives City the right to examine and audit same, and to make transcripts therefrom as necessary, and to allow inspection of all work, data, documents, proceedings and activities related to this Agreement. Such records, together with supporting documents, shall be kept separate from other documents and records and shall be maintained for a period of three (3) years after receipt of final payment. If supplemental examination or audit of the records is necessary due to concerns raised by City's preliminary examination or audit of records, and the City's supplemental examination or audit of the records discloses a failure to adhere to appropriate internal financial controls, or other breach of contract or failure to act in good faith, then Consultant shall reimburse City for all reasonable costs and expenses associated with the supplemental examination or audit. 19. NOTICES: All notices, demands, requests or approvals to be given under this Agreement shall be given in writing and conclusively shall be deemed served when delivered personally or on the second business day after the deposit thereof in the United States Mail, postage prepaid, registered or certified, addressed as hereinafter provided. Page 8of12 The Schmidt-Prescott Group, Inc. for Park Dedication Fee Study All notices, demands, requests, or approvals from Consultant to City shall be addressed to City at: City of Cupertino 10300 Torre Ave. Cupertino CA 95014 Attention: Chad Mosley All notices, demands, requests, or approvals from City to Consultant shall be addressed to Consultant at: 20. TERMINATION: In the event Consultant fails or refuses to perform any of the provisions hereof at the time and in the manner required hereunder, Consultant shall be deemed in default in the performance of this Agreement. If such default is not cured within the time specified after receipt by Consultant from City of written notice of default, specifying the nature of such default and the steps necessary to cure such default, City may terminate the Agreement forthwith by giving to the Consultant written notice thereof. City shall have the option, at its sole discretion and without cause, of terminating this Agreement by giving seven (7) days' prior written notice to Consultant as provided herein. Upon termination of this Agreement, each party shall pay to the other party that portion of compensation specified in this Agreement that is earned and unpaid prior to the effective date of termination. In the event of termination, Consultant shall deliver to City, copies of all reports, documents, and other work performed by Consultant under this Agreement. 21. COMPLIANCES: Consultant shall comply with all state or federal laws and all ordinances, rules and regulations enacted or issued by City. 22. CONFLICT OF LAW: This Agreement shall be interpreted under, and enforced by the laws of the State of California excepting any choice of law rules which may direct the application of laws of another jurisdiction. The Agreement and obligations of the parties are subject to all valid laws, orders, rules, and regulations of the authorities having jurisdiction over this Agreement (or the successors of those Page 9of12 The Schmidt -Prescott Group, Inc. for Park Dedication Fee Study authorities.) Any suits brought pursuant to this Agreement shall be filed with the courts of the County of Santa Clara, State of California. 23. ADVERTISEMENT: Consultant shall not post, exhibit, display or allow to be posted, exhibited, displayed any signs, advertising, show bills, lithographs, posters or cards of any kind pertaining to the services performed under this Agreement unless prior written approval has been secured from City to do otherwise. 24. WAIVER: A waiver by City of any breach of any term, covenant, or condition contained herein shall not be deemed to be a waiver of any subsequent breach of the same or any other term, covenant, or condition contained herein, whether of the same or a different character. 25. INTEGRATED CONTRACT: This Agreement represents the full and complete understanding of every kind or nature whatsoever between the parties hereto, and all preliminary negotiations and agreements of whatsoever kind or nature are merged herein. · No verbal agreement or implied covenant shall be held to vary the provisions hereof. Any modification of this Agreement will be effective only by written execution signed by both City and Consultant. 26. GIFTS: A. Consultant is familiar with City's prohibition against the acceptance of any gift by a City officer or designated employee, which prohibition is found in City Administrative Procedures. B. Consultant agrees not to offer any City officer or designated employee any gift prohibited by the Administrative Procedures. C. The offer or giving of any prohibited gift shall constitute a material breach of this Agreement by Consultant. In addition to any other remedies, City may have in law or equity, City may terminate this Agreement for such breach as provided in Section 19 of this Agreement. 27. INSERTED PROVISIONS: Each provision and clause required by law to be inserted into the Agreement shall be deemed to be enacted herein, and the Agreement shall be read and enforced as though each were included herein. If through mistake or otherwise, any such provision is not inserted or is not correctly inserted, the Agreement shall be amended to make such insertion on application by either party. Page 10of12 The Schmidt-Prescott Group, Inc. for Park Dedication Fee Shtdy 28. CAPTIONS: The captions in this Agreement are for convenience only, are not a part of the Agreement and in no way affect, limit or amplify the terms or provisions of this Agreement. Page 11of12 The Schmidt -Prescott Group, Inc. for Park Dedication Fee Study P.O. No.: io \ 0 ,-t?D.t\ IN WITNESS WHEREOF, the parties have caused the Agreement to be executed. THE SCHMIDT-PRESCOTT GROUP, INC By4L'69 Name lt.i:,;._,ue /2 r:l.c C{) tf (/ -/J ~ t:Y-o Title lf0u A2 · I Date ~ ;; /J-o/C:. I Taxl.D. No.: 72--0;3//6~-- CITY OF CUPERTINO A Municipal Corporation Timm Borden, Director of Public Works Date ~,/7/l APPROVED AS TO FORM: Address: 0-CYO tJ.41~ 1-sf Si-~ >Le :;>)i'O ...c~ (jQ.w) o1 1SJ3/ ~ ~ Randolph Stevenson Hom D '--city Attorney ATTEST: Grace Schmidt, City Clerk 3 --3 eJ --//o Contract Amount: $17,500 Account No.: l 00-01-go'"\ 70fJ-70?- Page 12of12 The Schmidt-Prescott Group, Inc. for Park Dedication Fee Study EXHIBIT A ~-· ... ~ , l'.fHE SGBMIDT & PRES(;OTT GROUP, INC. ~-~ ll ... • .. Frank E. Schmidt, MAI, SRA January 26, 2015 Chad Mosley City of Cupertino 10300 Torre Avenue Cupertino, CA 95014 Matthew D. Watson Nancy Bigham Christine Pltam Kate Le Vesque Wayne F. Prescott, MAI, CClM Re: Summary and Evaluation of Land selling Prices -Park Dedication Fee Study Dear Mr. Mosley: I am pleased to advise that we could deliver a summary of residential land selling price data for Cupertino land that will report the prices paid on a spreadsheet that will delineate: • price paid • street address • lot size {acres) • lot size {square feet) • price paid per unit {SF or acres as appropriate) • market conditions or "time" adjustment factor • adjustment to the appropriate entitlement status and level of improvement • whether improvements were demolished and/or reconstructed • adjustment for demolition costs if warranted • indicated value for the land sale We will discover the sales data using these resources: • MLSListings.com • Realquest Summary of the Public Record • Costar.com Commercial Sales Database • Loopnet.com database of property for sale • Trulia.com • Zillow.com 2010 North First Street, Suite 390, San Jose, CA 95131 (408)255-6840 FAX (408)255-1788 email: wprescott@valuatio11co11sulta11t.11et Summary and Evaluation of Land selling Prices -Park Dedication Fee Study 2105 • City of Cupertino property records Most of the data for the higher-density categories will come from Costar and Loopnet, which are commercial subscription services that we utilize when we need data on the sale of development sites. The data base within each resource will be searched using these parameters: • Located in Cupertino • Date of Sale -January 1, 2013 to Present • Land or Lots • Key Words -Bare Land, Finished Lot, Teardown, Fixer-Upper For consistency, we should adjust each sale to a similar level of entitlement and/or physical status. I suspect that "finished lot" status might be the appropriate level for the lower densities, because I expect that most of the data that we discover will be individual finished lot sales {including teardowns). For the higher density product, the tentative map stage might be appropriate, since that is the point of entitlement that typically sets the basis for such transactions. The data will be displayed on a spreadsheet, arranged within the residential Land Use categories based on density, discussed in Envision Cupertino 2015-2040: • HD • MHD • MD • LM • Low • VLD • VLD • VLD 35 Units per acre 20-35 Units per acre 10-20 Units per acre 5-10 Units per acre 1-6 Units per acre Slope-Density formula 1-2 Acres/Lot; 0.5-1.0 Units per acre 5-10 Acres/Lot; 0.05-0.10 Units per acre A further breakdown by Neighborhood identified in Envision Cupertino can also be applied: Oak Valley, Inspiration Heights, Rancho Rinconada, etc. School district will also be identified. For those land use categories with limited sales data at either end of the density range {both the higher density classes and low density/formula classes), I propose that we expand the search to neighboring cities if necessary to provide enough data points to be meaningful. The theory that applies here is that a developer with the financial capability to develop a high-density unit project will not restrict his search for suitable sites to one municipality; and that a home purchaser seeking the kind of semi-rural view lot in the slope/density class may not restrict his search to Cupertino, with due consideration for the quality of the school district. The Schmidt-Prescott Group, Inc. -Complete Property Valuation Services Summary and Evaluation of Land selling Prices -Park Dedication Fee Study 2105 The narrative report will describe the various sections and discussion points in the Envision statement and Park Dedication Fee statute that will enable the reader to understand why the data was prepared and presented in this way. Although this will not be an "appraisal reporf' since we are not appraising a property, it will be prepared and written to conform with the Uniform Standards of Professional Appraisal Practice (USPAP) and the Code of Ethics and Standards of Professional Practice of the Appraisal Institute. I believe our study presented in this manner will enable you to customize the way you apply the data. I propose to prepare this report at a price capped at a minimum of $8,500 and a maximum of $17,500, at an hourly rate of $250, to be delivered about 8 weeks after engagement. That will result in delivery in April. The exact cost will be largely a function of how much data we discover. The more data available to evaluate, the more precise the results will be. Please call me to talk about this at your convenience. Very Truly Yours, Wayne F. Prescott, MAI, CCIM State Certified Real Estate Appraiser, Certificate No. AG001533 The Schmidt-Prescott Group, Inc. -Complete Property Valuation Services