Title
Recommendation to Authorize the Interim City Manager to Execute a Five-Year Service Provider Agreement with Cerda-Zein Real Estate, Inc. for Residential Property Management Services.
In accordance with the California Environmental Quality Act (CEQA), this action is categorically exempt from further environmental review pursuant to CEQA Guidelines Section 15301 (Existing Facilities). (Base Reuse and Economic Development Dept. 29061821)
Body
To: Honorable Mayor and Members of the City Council
From: Adam W. Politzer, Interim City Manager
EXECUTIVE SUMMARY
The City of Alameda (City), through the Base Reuse and Economic Development Department (BRED) oversees approximately sixty-two (62) of the residential units in the Main Street Neighborhood of Alameda Point that are leased at market-rate rents. The day-to-day management, tenant interface and leasing of these units is performed by a local Residential Property Manager, as a contractor to the City, and their work is overseen by the City Commercial Property Manager, LPC West LP. In accordance with the City's Purchasing Policy, BRED staff undertook a competitive public process to solicit new proposals for Residential Property Management Services, and after a rigorous evaluation process, staff recommends City Council authorize the Interim City Manager to enter into a new five-year Service Provider Agreement with Cerda-Zein Real Estate, Inc.
BACKGROUND
The City's sixty-two unit (62) residential market-rate housing portfolio is comprised of a combination of historic homes known as the "Big Whites", non-historic ranch style single-family and multi-unit homes within the Main Street Neighborhood. Since conveyance by the Navy, the City has relied upon a third-party service provider for day-to-day property management tasks including marketing available units, leasing activities, inspections, routine maintenance, emergency service-calls, collection of rents and other monies due, tenant communications, and uncompl...
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