P.-10 20-1412 Ratification by the Board of Education of an Independent Consultant Agreement for Special Services Asset Management and Real Property Services between District and Heafey Commercial ("Contractor"), Piedmont, CA, for the latter to provide asset management and real property services, as described in Section 1 and/or Exhibit "A" of Agreement, incorporated herein by reference as though fully set forth, related to the former Piedmont Child Development Center ("CDC") site and former Webster CDC ("CDC") site, for the term June 25, 2020 through December 31, 2021, in an amount not to exceed of $7,500.00.
Contract has no information as to broker fee for sale of property; and starting at 7% declining 1% per year for 5 years broker lease. This contract makes broker's determination of the highest amount the broker can lease the property for as an interest competing with whatever interest the Board and Community has identified. Because the broker is paid a percentage of the lease over multiple years, I oppose this contract.
Contract has no information as to broker fee for sale of property; and starting at 7% declining 1% per year for 5 years broker lease. This contract makes broker's determination of the highest amount the broker can lease the property for as an interest competing with whatever interest the Board and Community has identified. Because the broker is paid a percentage of the lease over multiple years, I oppose this contract.