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CONSULTANT AGREEMENT CITY OF SANTA ANA THIS AGREEMENT is made and entered into this 18th day of May, 2016, by and between CBRE, Inc., a California Corporation (hereinafter "Consultant"), and the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and laws of the State of California (hereinafter "City„). RECITALS A. The City desires to retain a consultant having special skill and knowledge in the field of Professional Commercial Brokerage services, including Real Property Analysis, Transactions, & Financial Analysis and Asset Management Services, B. Consultant represents that Consultant is able and willing to provide such services to the City C. In undertaking the performance of this Agreement, Consultant represents that it is knowledgeable in its field and that any services performed by Consultant under this Agreement will be performed in compliance with such standards as may reasonably be expected from a professional consulting firm in the field. NOW THE, REFORE, in consideration of the mutual and respective promises, and subject to the terms and conditions hereinafter set forth, the parties agree as follows; 1. SCOPE OF SERVICES Consultant shall perform those services as set forth in Exhibit A to this Agreement, as previously set forth in Attachment I to RFP No. 15 -103, which shall be incorporated herein by this reference, including Task 1, Real Property Analysis, Transactions, and Financial Analysis, as well as Task 2, Asset Management Services, as applicable. The list of Remnant/Sellable Properties applicable to the Scope of Services is set forth in Exhibit B, attached hereto and incorporated into this Agreement by reference. Additionally, how Consultant will complete said services is discussed in Consultant's Proposal set forth in Exhibit C, attached hereto and incorporated into this Agreement by reference. Further, any Asset Management Services provided under Task 2 shall be subject to the Asset Management Services Terms and Conditions as set forth in Exhibit F attached hereto and incorporated herein by this reference. To the extent of any conflict between the terms of this Agreement and the Asset Management Services Terms and Conditions, Exhibit F shall control with respect to Asset Management Services. 21 COMPENSATION a. City agrees to pay, and Consultant agrees to accept as total payment for its services, the rates and charges identified in Exhibit D, attached hereto and incorporated into this Agreement by reference, including the connnission structure provided for Task 1, Real Property Analysis, as well as the hourly rates provided for Task 2, Asset Management Services. The total sum to be expended under this Agreement for Task 2 shall not exceed $50,000.00 during the term of this Agreement. EXHIBIT 1 25G -5