Santa Monica

City Council

April 08, 2025 Order of Business 4 #G

Agenda Item G

G. Award As-Needed Agreement to CBRE Brokerage Services to Sell City-Owned Properties at 1632-40\n5th Street and 1654 19th Street\nRecommended Action\nStaff recommends that the City Council:\n1. Adopt a finding of no significant effect pursuant to Section 15061(b)(3) (Common Sense\nExemption) of the California Environmental Quality Act (CEQA) guidelines; and\n2. Award RFP# 434 to CBRE for real estate brokerage services for the Community\nDevelopment Department; and\n3. Authorize the City Manager to negotiate and execute a multi-year agreement with CBRE\nfor disposition of real property services, for a total fee amount not to exceed $2 million,\nbased on a sliding commission fee schedule determined by the final price of each\ntransaction with future year funding contingent on Council budget approval.\na. Resolution Declaring Surplus Property II (Web Link)\nb. Resolution Declaring Surplus Property I (Web Link)\nc. Resolution Declaring a surplus property for APN 4290-011-906 (Web Link)\nd. Resolution Declaring a surplus property for APN 4290-011-903, -904, -905, -909 (Web\nLink)\ne. Levine Act Disclosure Form\nf. Oaks Initiative Form