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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />AUGUST 21, 2006 <br />TITLE: <br />AGREEMENT WITH MBIA MUNISERVICES <br />COMPANY FOR PROPERTYLINK SERVICES <br />~~ew~~ <br />CITY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />^ Ordinance on 1" Reading <br />^ Ordinance on 2°" Reading <br />^ Implementing Resolution <br />^ Set Public Hearing For_ <br />CONTINUED TO <br />FILE NUMBER <br />Direct the City Attorney to prepare and authorize the City Manager and <br />the Clerk of the Council to execute an agreement with MBIA MuniServices <br />Company (MMC) to provide consulting services related to the PropertyLINK <br />Services for a three year period not to exceed $40,000. <br />DISCUSSION <br />MBIA MuniServices Company's PropertyLINK Services will provide finance <br />department staff with up to date property tax analysis software through <br />the Internet. The information would be valuable for revenue forecasting. <br />The software allows staff access to geographic property tax information, <br />a property tax data warehouse, geocoding, and development of ad-hoc and <br />standard reporting. <br />The agreement allows up to fiv <br />fee of $9,500 that would be <br />includes a one time set up fee <br />option, pricing for training. <br />e users at a time with a base maintenance <br />adjusted annually. The agreement also <br />of $2,500. It also includes at the City's <br />FISCAL IMPACT <br />Funds are available in the Finance and Management Services Agency's <br />management and support services division. (account no. 011-170-6291) <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />~~A 19G ~~.,~ <br />Francisco Gutierrez <br />Executive Director <br />Finance & Mgmt. Services Agency <br />251-1 <br />