HomeMy WebLinkAbout25A - AMEND COMMONWEALTH AGMTREQUEST FOR
COUNCIL ACTION
CITY COUNCIL MEETING DATE:
MARCH 17, 2020
urr�d
APPROVE AN AMENDMENT TO
AGREEMENT WITH COMMONWEALTH TITLE
COMPANY FOR AN EIGHT -MONTH
EXTENSION TO COMPLETE OUTSTANDING
TITLE AND ESCROW RELATED SERVICES
CLERK OF COUNCIL USE ONLY:
❑
As Recommended
❑
As Amended
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Ordinance on 11' Reading
❑
Ordinance on 2111 Reading
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Implementing Resolution
❑
Set Public Hearing For_
rK•�►num�.ic.
/s/Kristine Ridge FILE NUMBER
CITY MANAGER
RECOMMENDED ACTION
Authorize the City Manager to execute an amendment to extend the existing agreement with
Commonwealth Title Company from March 31, 2020 to December 31, 2020, to complete
outstanding title and escrow -related services subject to non -substantive changes approved by the
City Manager and City Attorney.
DISCUSSION
On April 7, 2015, City Council approved an agreement with Commonwealth Land Title for title and
escrow -related services, which are utilized on an "as needed" basis for right-of-way Capital
Improvement Program projects. The agreement is scheduled to expire on March 31, 2020, and
staff requests an eight -month extension to the agreement (Exhibit 1) to allow sufficient time to
process approximately 27 title reports for railroad parcels and complete escrow activities
associated with ongoing key right-of-way projects in the Capital Improvement Program.
Additionally, it will afford the Public Works Agency sufficient time to prepare a new Request for
Proposals for title and escrow services. The extension will utilize the available balance remaining
in the agreement and no additional funding is being requested as part of the amendment.
STRATEGIC PLAN ALIGNMENT
Approval of this item supports the City's efforts to meet Goal #6 - Community Facilities &
Infrastructure, Objective #1 (establish and maintain a Community Investment Plan for all City
assets), Strategy D (explore creative financing options with private property owners amenable to
share the costs associated with infrastructure improvements (i.e. assessment districts)).
ENVIRONMENTAL IMPACT
There is no environmental impact associated with this action.
FISCAL IMPACT
There is no fiscal impact associated with this action.
25A-1
Extension of Term for Title and Escrow Services Agreement
March 17, 2020
Page 2
Nabil Saba, PE
Acting Executive Director
Public Works Agency
1►60-YANT/.[e'_
Exhibit: 1. Amendment
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EXHIBIT 1
FIRST AMENDMENT TO AGREEMENT FOR TITLE AND ESCROW SERVICES
THIS FIRST AMENDMENT to the above -referenced agreement is entered into on March 17,
2020, by and between Commonwealth Land Title Company ("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 ("City").
RECITALS
A. The Parties entered into Agreement No. A-2015-049, dated April 30, 2015, by which
Consultant agreed to provide escrow and title services ("Agreement').
B. The Agreement remains in effect through March 31, 2020, and the parties now wish to further
extend the term of the Agreement.
The Parties therefore agree:
1. Section 3, Term, is amended to extend the term of the Agreement through December 31, 2020.
2. Except as modified by this First Amendment, all terms and conditions of the Agreement shall
remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this First Amendment to the
Agreement on the date and year first written above.
CITY OF SANTA ANA ATTEST
Kristine Ridge
City Manager
APPROVED AS TO FORM
Sonia R. Carvalho,
City Attorney
By: 70, -f."L
Nut M.Funk
Assistant City Attorney
RECOMMENDED FOR APPROVAL
Nabil Saba
Acting Executive Director, Public Works Agency
Daisy Gomez
Clerk of the Council
CONSULTANT
1��
Name: crfin Wayne
Title: Vice President
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