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2019-07-10 CC Packet
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2019-07-10 CC Packet
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7/8/2019 7:30:39 AM
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7/10/2019 <br />Administration <br />VII.4 <br />Listing Agreement Î Titus Commercial Real Estate (Mike Brass) Î 7073 Centerville Rd. <br />The city's Listing Agreement with Colliers International has expired for the property at 7073 Centerville Road <br />(Block 7). Staff is proposing that Mike Brass, formerly of Colliers, now with Titus Commercial Real Estate, <br />continue to represent the city on the sale of our property at 7073 Centerville Road. The terms of the proposed <br />agreement (fees) are the same as those that were a part of the Colliers agreement for this property. Added to <br />this agreement is a clause defining how fees would be calculated should the sale of the property be used as a <br />development incentive. <br />6% - 8% of sale price for 7073 Centerville Road to be deducted from proceeds of the sale. <br />Motion to approve the proposed Listing Agreement with Titus Commercial Real Estate for the property at 7073 <br />Centerville Road. <br />19 <br /> <br />
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