Approval of Asset Management Contract for Broward County Convention Center Hotel

Original title: A. MOTION TO APPROVE most reasonable source designation of asset management services for the Broward County Convention Center Hotel, from North Star Research Corp., dba HVS Convention, Sports & Entertainment Facilities Consulting, for the Finance and Administrative Services Department. (Per the Tuesday Agenda Memorandum, vendor’s signature page has been received.) ACTION: (T-12:06 PM) Approved. VOTE: 8-0. Commissioner Geller was not present. B. MOTION TO APPROVE Agreement between Broward County and North Star Research Corp. dba HVS Convention, Sports & Entertainment Facilities Consulting for Asset Management Services, Agreement No. GEN2129483A1, for the Finance and Administrative Services Department, in an estimated amount of $3,603,739, including $330,000 for reimbursables and $300,000 for optional services, for the initial ten-year term, and authorize the Director of Purchasing to renew the Agreement for up to two five-year terms, for a twenty-year potential estimated amount of $8,360,280; and authorize the Mayor and Clerk to execute same. (Per the Tuesday Agenda Memorandum, vendor’s signature page has been received.) ACTION: (T-12:06 PM) Approved. VOTE: 8-0. Commissioner Geller was not present.