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Meeting Date:
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2/13/2024 - 5:30 PM
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Category:
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General Functions
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Type:
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Action
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Subject:
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12.1 Approval of Agreement for Phase II: Brokerage Services with DCG Strategies
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Strategic Goals:
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1. Student Learning Every student will receive a well-rounded education that meets their
diverse needs and ensures their growth, achievement, and success. 2. Human Resources We will hire and retain diverse personnel who are highly qualified,
provide competitive compensation and professional development, and
ensure high standards for employee conduct. 3. Budget and Finance To be responsible stewards of public funds and maximize the
resources needed to meet our goals, fulfill our priorities, and live up to
our values. 4. Community Engagement To welcome, build, and sustain strong partnerships with students,
parents, families, residents, educational institutions,
community organizations, and the civic and business communities to
support student wellness and achievement. 5. Facilities Our facilities will be safe, clean, and well-maintained for learning and
extra-curricular activities with state-of-the-art technology. 6. Safety and Wellness To maintain a physically and emotionally safe environment for all,
where students and staff feel secure and supported, with access to
high-quality nutrition and health and wellness programs.
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Enclosure
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File Attachment:
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Rationale:
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In July of 2022, the Azusa Unified School District issued a request for proposals seeking responses from qualified development consulting firms with particular knowledge and prior experience assisting public school districts with the services necessary to identify the value and potential uses of surplus school properties. The District received three responses. Each responsive firm was interviewed by District staff and legal counsel, and DCG Strategies (DCG) was identified as the firm most qualified and most suitable to the District’s needs.
The District and DCG negotiated an Agreement for Professional Services, which specified that DCG’s services would be divided into two phases. The Phase I services required the DCG team to analyze the development feasibility of the District’s six surplus sites at a cumulative cost of $150,000 and present this analysis and any additional data to the District’s anticipated Facilities Advisory (7/11) Committee and the Board of Education.
In Phase II of the Agreement, which would only be implemented through subsequent approval by the District’s Board of Education, DCG would act as the District’s real estate broker in soliciting offers for sale or lease of any or all of the District’s surplus sites, as applicable. The Agreement was intentionally prepared to divide the services into two phases, and approval of the Agreement at this time authorizes DCG to proceed with Phase II of the services.
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Budgetary Impact:
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The cost of the Phase II services will be 3% of purchase price or 5% of gross lease revenue over initial lease term; however, not to exceed $350,000 per site.
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Recommendation:
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It is recommended the Board of Education approve the agreement for phase II: brokerage services with DCG Strategies.
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Approvals:
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Recommended By:
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Signed By:
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Hope Near - Board Secretary
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Signed By:
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Arturo Ortega - Superintendent
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Vote Results:
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| Original Motion | | Member Gabriela Arellanes Moved, Member Adrian Greer seconded to approve the Original motion 'It is recommended the Board of Education approve the agreement for phase II: brokerage services with DCG Strategies.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 3 Nay: 0. | | The motion Carried 3 - 0 | | | | | Yolanda Rodriguez-Peña | Yes | | Adrian Greer | Yes | | Sabrina Bow, Ed.D. | Yes | |
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