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RESOLUTION NO. 13728
A RESOLUTION APPROVING A PROFESSIONAL SERVICES
AGREEMENT FOR REAL ESTATE BROKERAGE SERVICES
BETWEEN THE CITY OF PUEBLO, A MUNICIPAL
CORPORATION, AND ROCKY MOUNTAIN REALTY AND
AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO
EXECUTE SAME
WHEREAS, the City of Pueblo receives funding for various housing related activities; and
WHEREAS, the funding allows for the purchase, rehabilitation, and resale of properties;
and
WHEREAS, it is considered beneficial to the City to contract with a single contractor to
facilitate the purchase and sale of said properties; NOW THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The Agreement for Professional Services between Rocky Mountain Realty and the City of
Pueblo, dated July 24, 2017, for real estate brokerage services is hereby approved in substantially
the form attached hereto, with such minor changes therein as shall be approved by the President
of City Council and the City Attorney.
SECTION 2.
Funding for the services are budgeted and appropriated in Fund 250, 251, and 241.
SECTION 3.
The officers and staff of the City are directed and authorized to perform any and all acts
consistent with the intent of this Resolution and the Agreement to effectuate the transactions
described therein.
SECTION 4.
This Resolution shall become effective immediately upon final passage.
INTRODUCED July 24, 2017
BY: Ed Brown
City Clerkâs Office Item # M-3
Background Paper for Proposed
Resolution
CITY COUNCIL MEETING DATE:
July 24, 2017
TO: President Stephen G. Nawrocki and Members of City Council
CC: Sam Azad, City Manager
VIA: Gina Dutcher, City Clerk
FROM: Ada Rivera Clark, Director of Housing and Citizen Services
SUBJECT: A RESOLUTION APPROVING A PROFESSIONAL SERVICES AGREEMENT
FOR REAL ESTATE BROKERAGE SERVICES BETWEEN THE CITY OF
PUEBLO, A MUNICIPAL CORPORATION, AND ROCKY MOUNTAIN REALTY
AND AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO EXECUTE SAME
SUMMARY:
This Resolution approves a professional services agreement with Rocky Mountain Realty for the
performance of real estate brokerage services as required by the City.
PREVIOUS COUNCIL ACTION:
There has been no previous City Council action.
BACKGROUND:
The Department of Housing and Citizen Services requires real estate brokerage services to
undertake some of its federally funded projects. A request for proposals was issued in May of
2017 for said services. Rocky Mountain Realty was the responsive bidder.
There is no guaranteed number of transactions under the contract, as purchases shall be made
based on available properties and their eligibility and feasibility.
FINANCIAL IMPLICATIONS:
Funding for the services are budgeted and appropriated in Fund 250, 251, and 241.
BOARD/COMMISSION RECOMMENDATION:
Not applicable
STAKEHOLDER PROCESS:
None
ALTERNATIVES:
If the Resolution is not approved, the City will be in non-compliance with the grant requirements.
RECOMMENDATION:
Approve the Resolution.
ATTACHMENTS:
Professional Services Agreement