Signal Hill
City Council
Agenda Item E
e. CONTRACT SERVICES AGREEMENT WITH CLEARSOURCE FINANCIAL\nCONSULTING FOR PREPARATION OF A COMPREHENSIVE FEE\nSCHEDULE, DEVELOPMENT IMPACT FEE STUDY, AND COST\nALLOCATION PLAN\nSummary:\nThe City Council will consider approving a Contract Services Agreement with\nClearsource Financial Consulting (Clearsource) for preparation of a\ncomprehensive fee schedule, development impact fee study, and a cost\nallocation plan. The City released an RFP for these services on March 1, 2023,\nwith a proposal due date of March 31, 2023. The City received four proposals by\nthe deadline. Following staff review of proposals and interviews, Clearsource\nwas the highest ranked firm. If approved by City Council, the work can be\ncompleted within a five-month period from the start date.\nRecommendation:\nAuthorize the City Manager to enter into a Contract Services Agreement with\nClearsource for preparation of a comprehensive fee schedule, development\nimpact fee study, and a cost allocation plan, in the amount of $86,570, in a form\napproved by the City Attorney.