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URA1962-002RESOLUTION NO. URA -2 A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF ANAHEIM AUTHORIZING THE EXECUTION OF AN AGREEMENT EMPLOYING ECONOMICS RESEARCH ASSOCIATES TO PERFORM CERTAIN SERVICES FOR THE CITY OF ANAHEIM THROUGH ITS DULY ORGAN- IZED URBAN RENEWAL AGENCY. WHEREAS, the City Council of the City of Anaheim has heretofore established an Urban Renewal Agency consisting of the members of the City Council and has appointed a Citizens Com- mittee as an Urban Renewal Advisory Committee to the City Council and to the Urban Renewal Agency; and WHEREAS, the Citizens' Committee, designated the Urban Renewal Advisory Committee, has expended considerable time and energy in studying the problems of the City relating to urban renewal; and WHEREAS, the said Urban Renewal Advisory Committee has recommended that certain economic research and evaluation be con- ducted in the City of Anaheim in order to realistically analyze the urban renewal aspects of the City of Anaheim; and WHEREAS, several proposals for research of this nature have been received by the Urban Renewal Advisory Committee and referred to the City Council and the Urban Renewal Agency, and the proposal of Economics Research Associates has been determined to be the best proposal for the purposes of the Urban Renewal Agency of the City; and WHEREAS, it has been determined by the Urban Renewal Agency and the City Council of the City of Anaheim that it would be in the best public interest to employ Economics Research Asso- ciates to conduct an economic research and analysis of the City of Anaheim, and that the proposal of said Economics Research Associates should be accepted and a contract entered into with said firm. NOW, THEREFORE, BE IT RESOLVED by the Urban Renewal Agency of the City of Anaheim that an agreement be made and entered into by and between the City of Anaheim, through its duly and regularly organized Urban Renewal Agency, and Economics Research Associates for the employment by the City of said Economics Research Associates to furnish the following services at the compensation hereinafter stipulated: SERVICES 1. To make a comprehensive economic study of the City of Anaheim consisting of research and analysis of present conditions and of the forecast of economic potentials. 2. Said research of Economics Research Associates shall be as outlined and specifically set forth in a pro- posal for research submitted to the Urban Renewal Advisory Committee by document dated July 20, 1962. 3. The staff personnel which shall conduct the study and research program shall be as follows; Harrison A. Price, Director; William S. Lund and J. Richard McElyea, project coordinators; and Philip S. Stukin, project leader. - 1 - 4. Economics Research Associates shall carry adequate insurance to cover public liability in an amount not less than $100,000.00 for each person and $300,000.00 for each occurrence and shall furnish to said Urban Renewal Agency certificates _eviden- cing such insurance. 5. Economics Research Associates will submit one hun- dred copies of the final report to said Urban Renewal Agency at the conclusion of the study and will make available additional copies of the report at the ac- tual extra cost of printing of such additional reports. 6. Economics Research Associates will complete the economic study in six months from the date of said agreement. 7. Economics Research Associates will submit monthly billings to the Agency specifying costs incurred by said Economics Research Associates, including all costs of personnel. COMPENSATION The City of Anaheim shall pay to Economics Research Associates for the complete economic study survey and report as set forth above the sum of Twenty -four Thousand Dollars ($24,000.00) payable as follows: 1. Upon the receipt of monthly billings by Economics Research Associates the City shall check and audit the same and shall pay the actual costs incurred by said Economics Research Associates, including the cost of personnel, each month based upon such state- ments and the audits thereof, such monthly payments in no event exceeding the sum of Twenty Thousand Dollars ($20,000.00). 2. The balance of said Twenty -four Thousand Dollars ($24,000.00) to be payable upon the completion of the economic study and the submission by Economics Research Associates and acceptance by the Urban Renewal Agency of the one hundred copies of the final report. BE IT FURTHER RESOLVED that the Mayor of the City of Anaheim and Chairman of the Urban Renewal Agency and City Clerk of the City of Anaheim and Secretary of the Urban Renewal Agency be and they are hereby authorized to execute said agreement for and on behalf of the City of Anaheim through its duly organized Urban Renewal Agency. THE FOREGOING RESOLUTION is approved and signed by me this 9th day of October, 1962. AI OF T E URBAN REN AL AGENCY ATTEST: SECRETARY OF THE URBAN RENEW AT AGENCY - 2 - STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, DENE M. WILLIAMS, Secretary of the Urban Renewal Agency of the City of Anaheim, do hereby certify that the fore- going resolution was passed and adopted at a called meeting of the Urban Renewal Agency held on the 9th day of October, 1962, by the following vote of the members thereof: AYES: Mr. Dutton, Mr. Chandler, Mr. Schutte, Mr. Krein and Mr. Coons. NOES: None ABSENT: None AND I FURTHER CERTIFY that the Chairman of the Urban Renewal Agency of the City of Anaheim approved and signed said resolution on the 9th day of October, 1962. IN WITNESS WHEREOF, I have hereunto set my hand this 9th day of October, 1962. SECRETARY OF THE URBAN RENEWAL AGENCY IQ