Approve $105,000 contract amendment with Kosmont Companies for Point Molate advisory services

Point MolateContracts

In Plain English

The city hired Kosmont Companies to provide financial and real estate advice for the Point Molate development project. The original contract was $10,000, but the city needs additional consulting work. If approved, the total contract value rises to $115,000 through December 2020.

Auto-generated summary. Source: official agenda documents.

Votes

To approve said contract amendment

Moved by: Ada RecinosSeconded by: Jael Myrick
Passed

4 to 3

Jovanka BecklesNay
Ben ChoiAye
Eduardo MartinezNay
Jael MyrickAye
Ada RecinosAye
Melvin WillisNay
Thomas K. ButtAye

To postpone the item to the September 18, 2018, City Council meeting with a presentation from staff sharing their basis for decisions made concerning Point Molate

Moved by: Eduardo MartinezSeconded by: Jovanka Beckles
Failed

3 to 3

Jovanka BecklesAye
Ben ChoiNay
Eduardo MartinezAye
Jael MyrickAbstain
Ada RecinosNay
Melvin WillisAye
Thomas K. ButtNay

To call the question (and end debate)

Moved by: Eduardo MartinezSeconded by: Melvin Willis
Failed

3 to 3

Jovanka BecklesAye
Ben ChoiNay
Eduardo MartinezAye
Jael MyrickNay
Ada RecinosAbstain
Melvin WillisAye
Thomas K. ButtNay