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CC SR 20260707 H - Amendments VBP Program Appraisers CITY COUNCIL MEETING DATE: 07/07/2025 AGENDA REPORT AGENDA HEADING: Consent Calendar AGENDA TITLE: Consider Amendment No.1 to the Professional Service Agreements (PSA) for appraisal services related to the Greater Portuguese Bend Landslide Voluntary Property Buyout Program (VPB Program). RECOMMENDED COUNCIL ACTION: (1) Ratify the City Manager’s approval of the urgency change order to the PSA with The Property Sciences Group for the initial Round No. 2 appraisals in the amount of $11,600; (2) Approve Amendment No.1 to the PSA with Integra Reality Resources for appraisal services thereby extending the term through March 18, 2028 and increasing the contract amount by $29,000 for a total contract sum of $63,800 with a not-to- exceed cost of $2,900 per appraisal; (3) Approve Amendment No.1 to the PSA with The Property Sciences Group for appraisal services thereby extending the term through March 18, 2028 and increasing the contract amount by $29,000, inclusive of the urgency change order amount of $11,600, for a total contract sum of $63,800 with a not-to-exceed cost of $2,900 per appraisal; and (4) Authorize the Mayor and City Clerk to execute both Amendments, in forms approved by the City Attorney. FISCAL IMPACT: The VPB Program is funded by the Federal Emergency Management Agency (FEMA), through its Hazard Mitigation Grant Program (HMGP), which pays 75% of all eligible expenses. The remaining cost share of 25% must be borne by the seller (property owner) except for certain in-kind costs borne by the City. The program is a reimbursable grant, requiring the City to initially cover eligible costs and submit grant billing to FEMA. Currently, an additional appropriation of $58,000 is needed to fund both Amendments to complete appraisals for additional properties selected (Round Nos 2 and 3 of the VPB). The cost associated with the appraisals are tracked in the Federal Grant Fund – Voluntary Buyback Program account. Amount Budgeted: None Additional Appropriation: $58,000 Account Number(s): 331-400-9103-5101 (Federal Grant – Voluntary Buyback Program – Prof/Tech Services) VR 1 2 ORIGINATED BY: Lisa Garrett, Senior Administrative Analyst REVIEWED BY: Brandy Forbes, AICP, Director of Community Development APPROVED BY: Ara Mihranian, AICP, City Manager ATTACHED SUPPORTING DOCUMENTS: A. Draft Amendment No. 1 for Integra Reality Resources for Appraisal Services. (Page A-1) B. Draft Amendment No. 1 for The Property Sciences Group for Appraisal Services. (Page B-1) C. March 2, 2026 Letter of Extension for Integra Reality Resources for Appraisal Services. (Linked) D. March 2, 2026 Letter of Extension for The Property Sciences Group for Appraisal Services. (Linked) E. Professional Service Agreement for Integra Reality Resources for Appraisal Services. (Linked) F. Professional Service Agreement for The Property Science s Group for Appraisal Services. (Linked) BACKGROUND: On October 28, 2024, the City, FEMA, and Cal OES announced a $42 million VPB Program for property owners affected by the Greater Portuguese Bend Landslide Complex (Landslide Complex). The funding comes from FEMA's HMGP in response to a federally declared disaster from winter storms in early 2024. While FEMA will cover 75% of all eligible costs, the property owners will be responsible for the remaining 25%. Through the VPB, the City will buy properties from affected residents based on an appraisal of the fair market value at a predetermined date, acquire title, demolish the structure(s), and revert it to open space in perpetuity. On March 18, 2025, City Council approved two PSAs with Integra Reality Resources and The Property Sciences Group to provide the required appraisal services for 23 prioritized real property sites that qualified for Round No. 1 funding through the VPB Program. The appraisals were finalized and distributed to the property owners in May 2025. On June 2, 2025, one of the property owners withdrew from the program. After reviewing the appraisals for the remaining 22 prioritized properties and updating the application budget as required by FEMA, Staff determined that Round No. 1 funding would only be able to fund the acquisition of the remaining 22 program properties. In May 2025, the City applied to join a waitlist for additional HMGP funding that could become available to local jurisdictions. The application sought $29 million for a second 2 3 round of the program. Earlier this year, CalOES informed Staff that additional funding had become available, and the City has been selected to receive $10.16 million (a reduced amount from the original $29 million request), which could fund the acquisition of approximately five more homes in Round No. 2. Staff revised its HMGP application based on the available funding amount and is actively working with CalOES and FEMA to complete the process and potentially receive funding for Round No. 2. Additionally, Staff submitted a separate HMGP grant application for $19 million to fund Round No. 3, which could fund the acquisition of approximately eight additional homes. In total, the City’s funding requests for Round Nos. 1-3 total an estimated $71 million for approximately 35 homes. DISCUSSION: On March 2, 2026, via written letter, Staff extended the PSAs with Integra Reality Group and The Property Sciences Group by one year through March 18, 2027. This extension was necessary to continue providing appraisal services for homes qualifying for Round Nos. 2 and 3 of the VPB Program, if and when funding for each round is awarded to the City. On June 17, 2026, the City Manager approved an urgency change order to the PSA amount for The Property Sciences Group to cover the Round No. 2 appraisals. Although this increase exceeds the allowed 15% administrative approval amount ($5,220 per contract), the amount of the urgency change order was $11,600 and was limited to appraisals for Round No. 2 properties to address the urgency of providing an updated budget for FEMA’s review of funding. This urgency change order only addresses the initial Round No. 2 appraisals due to the urgent nature of completing those, but does not include the costs for appraisal services to address any appeals or additional appraisals required to address potential withdrawals from the program. Staff is now requesting that City Council approve a PSA amendment of $29,000 for each PSA ($58,000 total additional funding) to facilitate appraisals for the acquisition of additional homes selected in Round No. 2 (ratifying the City Manager’s approved amount), Round No. 3 (in case the City is selected for funding), and contingency for any properties where the owner withdraws from the VBP Program after an appraisal has already been conducted and/or additional appraisals are needed (Attachments A and B). Funds will only be spent if appraisals are conducted. Also, Staff is requesting that City Council extend the PSAs for one additional year, through March 18, 2028, to allow time to complete appraisals for the additional homes identified. CONCLUSION: Staff recommend the City Council ratify the previous City Manager’s approval of the urgency change order for the initial Round No. 2 appraisals and approve the attached Amendment No. 1 to the PSA with Integra Reality Resources and Amendment No. 1 to the PSA with The Property Sciences Group to for appraisal services related to any 3 4 appeals or additional appraisals required to address potential withdrawals from the program, as well as appraisal services for additional rounds of the VPB Program. ALTERNATIVES: In addition to Staff’s recommendations, the following alternative actions are available for the City Council’s consideration: 1. Do not approve one or more of the proposed Amendments. 2. Take such other action as the City Council deems appropriate. 4 AMENDMENT NO. 1 TO AGREEMENT FOR PROFESSIONAL SERVICES THIS AMENDMENT TO THE AGREEMENT FOR PROFESSIONAL SERVICES (Amendment No. 1”) by and between the CITY OF RANCHO PALOS VERDES a California municipal corporation (City) and INTEGRA REALTY RESOURCES., a California Corporation (“Consultant”) and is effective as of July 7, 2026. RECITALS A. City and Consultant entered into that certain Agreement for Professional Services dated March 18, 2025 (“Agreement”) whereby Consultant agreed to provide appraisal services in support of the Greater Portuguese Bend Landslide Voluntary Property Buyout Program for a term of one years and a contract sum of $34,800. B. On March 2, 2026 City and Consultant extended services via written letter to extend the Agreement one-year without increasing the contract sum. C. City and Consultant now desire to enter into Amendment No. 1 to extend the Agreement one additional year and increase the Contract Sum $29,000 for a total not to exceed amount of $63,800 for additional appraisals identified for the Greater Portuguese Bend Landslide Voluntary Property Buyout Program -Round 2 and Round 3. Contract Changes bold italics Section 2.1 Contract Sum is amended to read: amounts specified in the “Schedule of Compensation” attached hereto as Exhibit “C” $63,800 (SIXTY-THREE THOUSAND EIGHT HUNDRED Dollars.(the “Contract Sum”), unless additional compensation is approved pursuant to Section 3.4, Term is amended to read: two- years Exhibit “D” A-1 01203.0005/984355.2 -2- 2.Continuing Effect of Agreement. Except as amended by Amendment No. 1, all provisions of the Agreement shall remain unchanged and in full force and effect. From and after the date of this Amendment No. 1, whenever the term “Agreement” appears in the Agreement, it shall mean the Agreement, as amended by Amendment No. 1. 3.Affirmation of Agreement; Warranty Re Absence of Defaults. City and Consultant each ratify and reaffirm each and every one of the respective rights and obligations arising under the Agreement. Each party represents and warrants to the other that there have been no written or oral modifications to the Agreement other than as provided herein. Each party represents and warrants to the other that the Agreement is currently an effective, valid, and binding obligation. 4.Compensation and Method of Payment. Consultant represents and warrants to City that, as of the date of this Amendment No. 1, City is not in default of any material term of the Agreement and that there have been no events that, with the passing of time or the giving of notice, or both, would constitute a material default under the Agreement. 5.Adequate Consideration. The parties hereto irrevocably stipulate and agree that they have each received adequate and independent consideration for the performance of the obligations they have undertaken pursuant to this Amendment No. 1. 6.Authority. The persons executing this Amendment No 1. on behalf of the parties hereto warrant that (i) such party is duly organized and existing, (ii) they are duly authorized to execute and deliver this Amendment No. 1 on behalf of said party, (iii) by so executing this Amendment No. 1, such party is formally bound to the provisions of this Amendment No.1, and (iv)the entering into this Amendment No. 1 does not violate any provision of any other agreement to which said party is bound. [SIGNATURES ON FOLLOWING PAGE] A-2 01203.0005/984355.2 -3- IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date and year first-above written. CITY: CITY OF RANCHO PALOS VERDES, a municipal corporation ____________________________________ Paul Seo, Mayor ATTEST: _________________________________ Teresa Takaoka, City Clerk APPROVED AS TO FORM: ALESHIRE & WYNDER, LLP _________________________________ William W, Wynder, City Attorney CONSULTANT: INTEGRA REALTY RESOURCES By: Name: Eric Segal, MAI Title: Senior Managing Director By: Name: Noah Kauffman Title: Managing Director Address: 12100 Wilshire Blvd., Suite 800 Los Angeles, CA 90025 Two corporate officer signatures required when Consultant is a corporation, with one signature required from each of the following groups: 1) Chairman of the Board, President or any Vice President; and 2) Secretary, any Assistant Secretary, Chief Financial Officer or any Assistant Treasurer. CONSULTANT’S SIGNATURES SHALL BE DULY NOTARIZED, AND APPROPRIATE ATTESTATIONS SHALL BE INCLUDED AS MAY BE REQUIRED BY THE BYLAWS, ARTICLES OF INCORPORATION, OR OTHER RULES OR REGULATIONS APPLICABLE TO CONSULTANT’S BUSINESS ENTITY. A-3 AMENDMENT NO. 1 TO AGREEMENT FOR PROFESSIONAL SERVICES THIS AMENDMENT TO THE AGREEMENT FOR PROFESSIONAL SERVICES Amendment No. 1") by and between the CITY OF RANCHO PALOS VERDES a California municipal corporation (City) and THE PROPERTY SCIENCES GROUP, INC., a California C - Corporation ("Consultant") and is effective as of July 7, 2026. RECITALS A. City and Consultant entered into that certain Agreement for Professional Services dated March 18, 2025 ("Agreement") whereby Consultant agreed to provide appraisal services in support of the Greater Portuguese Bend Landslide Voluntary Property Buyout Program for a term of one years and a contract sum of $34,800. B. On March 2, 2026 City and Consultant extended services via written letter to extend the Agreement one-year without increasing the contract sum. C. City and Consultant now desire to enter into Amendment No. I to extend the Agreement one additioanl year and increase the Contract Sum $29,000 for a total not to exceed amount of $63,800 for additional appraisals identified for the Greater Portuguese Bend Landslide Voluntary Property Buyout Program -Round 2. TERMS I. Contract Changes. The Agreement is amended as provided herein. Deleted text is indicated in tr°and added text in bold italics. Section 2.1 Contract Sum is amended to read: Subject to any limitations set forth in this Agreement, City agrees to pay Consultant the amounts specified in the "Schedule of Compensation" attached hereto as Exhibit "C" and incorporated herein by this reference. The total compensation, including reimbursement for actual expenses, shall not exceed $31,800 (THIRTY FOUR THOUSAND EIGHT HUNDRED Dollars) $63,800 (SIXTY-THREE THOUSAND EIGHT HUNDRED Dollars. (the "Contract Sum"), unless additional compensation is approved pursuant to Section 1.9. Each Appraisal shall not exceed $2,900.00 (Two Thousand Nine Hundred Dollars) Section 3. 4, Term is amended to read: Unless earlier terminated in accordance with Article 7 of this Agreement, this Agreement shall continue in full force and effect until completion of the services but not exceeding one year two- years from the date hereof, except as otherwise provided in the Schedule of Performance (Exhibit "D"). The City may, in its discretion, extend the Term by one additional -year terms. B-1 2. Continuing Effect of Agreement. Except as amended by Amendment No. 1, all provisions of the Agreement shall remain unchanged and in full force and effect. From and after the date of this Amendment No. 1, whenever the term "Agreement" appears in the Agreement, it shall mean the Agreement, as amended by Amendment No. 1. 3.. Affirmation of Agreement; Warranty Re Absence of Defaults. City and Consultant each ratify and reaffirm each and every one of the respective rights and obligations arising under the Agreement. Each party represents and warrants to the other that there have been no written or oral modifications to the Agreement other than as provided herein. Each party represents and warrants to the other that the Agreement is currently an effective, valid, and binding obligation. 4. Compensation and Method of Payment. Consultant represents and warrants to City that, as of the date of this Amendment No. I, City is not in default of any material term of the Agreement and that there have been no events that, with the passing of time or the giving of notice, or both, would constitute a material default under the Agreement. 5. Adequate Consideration. The parties hereto irrevocably stipulate and agree that they have each received adequate and independent consideration for the performance of the obligations they have undertaken pursuant to this Amendment No. 1. 6. Authority. The persons executing this Amendment No 1. on behalf of the parties hereto warrant that (i) such party is duly organized and existing, (ii) they are duly authorized to execute and deliver this Amendment No. I on behalf of said party, (iii) by so executing this Amendment No. I, such party is formally bound to the provisions of this Amendment No.1, and iv) the entering into this Amendment No. I does not violate any provision of any other agreement to which said party is bound. SIGNATURES ON FOLLOWING PAGE] 0 203.0005/984355.2 -2- B-2 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date and year first -above written. CITY: CITY OF RANCHO PALOS VERDES, a municipal corporation Paul Seo, Mayor ATTEST: Teresa Takaoka, City Clerk APPROVED AS TO FORM: ALESHIRE & WYNDER, LLP William W. Wynder. City Attorney CONSULTANT: The Property Sciences Grout, Inc. By: Name: Dean Huynh Title: President vm ft sciezes David KiMR I By: Name: David Kim Title: Chief Operating Officer Address: 395 Taylor Blvd. Suite 250 Pleasant Hills, CA 94523 Two corporate officer signatures required when Consultant is a corporation, with one signature required from each of the following groups: 1) Chairman of the Board, President or any Vice. President; and 2) Secretary, any Assistant Secretary, Chief Financial Officer or any Assistant Treasurer. CONSULTANT'S SIGNATURES SHALL BE DULY NOTARIZED, AND APPROPRIATE ATTESTATIONS SHALL BE INCLUDED AS MAY BE REQUIRED BY THE BYLAWS, ARTICLES OF INCORPORATION, OR OTHER RULES OR REGULATIONS APPLICABLE TO CONSULTANT'S BUSINESS ENTITY. 012030005/984355.2 -3- B-3