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HomeMy WebLinkAboutBackground ReportBackground Report Property Management Services The Community Development Commission of the City of National City (Commission) owns and operates 303 senior housing units located at 1317 D Avenue and 1415 D Avenue in the City of National City. The management of these senior housing units is being performed under two separate property management contracts with Falkenberg, Gilliam and Associates, Incorporated. The developments included are: Kimball Tower, a 151-unit senior housing development, and Morgan Tower, a 152-unit senior housing development. The Request for Proposal (RFP) for selection of a property management company will be advertised in compliance with City of National City Procurement Policy and all applicable federal regulations. The submittal will be evaluated and ranked by a review panel in accordance with the criteria in the RFP which includes management approach, previous experience, and cost. The final 2-4 finalists will be interviewed by a panel consisting of city staff and residents of Kimball Tower and Morgan Tower. If authorized, this action may result in a one-year contract with options to renew for up to two, two-year terms (for a maximum of five years). The current contract at Morgan Tower for Fiscal Year 2011 is 4.75% of all rent and laundry revenue collected budgeted at $58,021. The current contract at Kimball Tower is 7.25% of all rent and laundry revenue collected budgeted at $71,768. It is anticipated that the contract for Fiscal Year 2012-13 will be similar in respect to these costs with the acknowledgment that an inflation factor may be considered in the final contract negotiations.