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REQUEST FOR CITY COUNCIL AGENDA ITEM <br />Budget <br />Agenda Date Requested:February 11, 2013 <br />Source of Funds: <br />Requested By: Traci Leach <br />Account Number: <br />Department: Administration <br />Amount Budgeted: <br />Report: Resolution:Ordinance: <br />Amount Requested: <br />Exhibits: Submitted Proposal <br />Budgeted Item:YESNO <br />SUMMARY & RECOMMENDATION <br />During the budget discussions for the 2012-13 FY, the La Porte Development Corporation Board <br />of Directors approved the expenditure of $25,000 for a retail study for the City of La Porte. <br />Working with the Purchasing Department, staff prepared a RFP for the study, which was <br />distributed in December 2012. <br />Proposals were received from 4 firms. An evaluation team comprised of La Porte Development <br />Corporation Board members and City staff interviewed all four firms and has recommended <br />Catalyst Commercial as the highest rated firm based on the team’s interviews andthe submitted <br />proposal. <br />At the January 21, 2013 EDC meeting, the Board approved the selection of Catalyst Commercial <br />and pursuant to EDC Bylaws, this item is being presented to Council for approval, as it is over <br />$15,000. <br />Action Required by Council: <br />Consider approval or other action to affirm the La Porte Development Corporation’s selection of <br />Catalyst Commercial for a retail study and market analysis. <br />Approved for City Council Agenda <br />Corby D. Alexander, City ManagerDate <br /> <br />