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PSO 05-EYW On Call Business Planning 07/09/2019 PURCHASE/SERVICE ORDER FOR MONROE COUNTY Consultant: Ricondo &Associates Effective Date: upon execution Purchase Service Order No. 05-EYW Project Name: On-call Strategic Business Planning Services and lease or land rent negotiations Description of Services: Services include (but are not limited to) on-call assistance to the County, the Director of Airports, and his staff on issues relating to general strategic business planning, and lease or land rent negotiations, and other planning assistance that may be requested by the Director of Airports from time to time, and may include appraisals, reviews and or evaluations. (See attached Scope of Services consisting of 1 page) Schedule: 0 ROE ty ATTORNEY Lump Sum Fee: $13,000 P RO J.MERCADO Start Date: June 10, 2019 ASSIS ANT COUNTY ATTORNE j/9//c Date if / Days to Complete: 365 Note: The scope of services will be satisfied when: (a)this PSO has expired per the above days to complete or(b) the above Lump Sum Fee has been exhausted). Witness: Cons taut: r, Name: .1-1-E,4/Y /2• D/1/A( Nanie: Bonnie A Ossege Date: deft-1 J L o I Date: July 1,2019 Recommended by: Approved irector of Airports Asst./County Administrator Date: 7" /7- Date: 04.Oq• Jv 1°l f Y BUSS-SHELGER ASSOCIATES 970 W.190th Street,Suite 350 Real Estate Consultants Torrance,California 90502 Telephone: (213)388-7272 (213)270-1220 Facsimile: (213)254-9032 SCOPE OF SERVICES Background Past involvement in various airfield real estate assets from FBO's, to land rent determination to air cargo facilities, to both high and low bay hangars allows a significant amount of market information and contacts to be provided to assist in the rental negotiations. The data assembled can be forwarded to the Appraisal Company of Key West to supplement and expand their scope of market information available for the current rental value determination. The current comparable rental benchmarks will be assembled from airfields positioned nationally including Hawaii with similar economic\c characteristics as Key West. Ongoing Involvement Following the assembly and analysis of the similar real estate product as the Fed Ex facility and abutting land, both an on-site inspection of the facility will be incurred as well as participation in the final rental rate determination. This component of our consulting role may occur in Key West, or Fed Ex's headquarters in Memphis. Fixed Fee Our fee for participation at all levels inclusive of all expenses will not exceed the sum of $13,000. Any additional charges for Recondo's administration will be added on to the above. Recognizing the Fed Ex's final rental rate determination may require an extended timeline, our time and costs will be invoiced monthly with supporting information. The coordination of all the above will be with Richard Strickland, Senior Director of Argonaut for the County of Monroe, Florida.