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HomeMy WebLinkAbout8 Real Estate listing services Agenda Item # 8 mek TRUCKEE DONNER x '' U011C Utility D*strict CONSENT To: Board of Directors From: Kathleen Neus Date: January 19, 2011 Subject: Consideration of a Provider for Real Estate Listing Services 1. WHY THIS MATTER IS BEFORE THE BOARD In March of 2007, the Board appointed Kappy Mann and Jennifer Boehm of Coldwell Banker, later of Keller Williams Realty, as the District's realtors as it pertains to the Glenshire Drive property. 2. HISTORY Kappy Mann and Jennifer Boehm had been the District's realtors for two years as it pertains to the Glenshire Drive properties. Kappy and Jennifer have actively marketed the property and have entered into many escrows with the properties on Glenshire Drive. The District's contract with Kappy and Jennifer expired December 6, 2009 which coincided with the Truckee Fire Protection District's lease with the District. 3. NEW INFORMATION For the two years that Kappy and Jennifer had been the District's Realtors, Kappy and Jennifer sold the southern portion of the Glenshire Drive property to the Town of Truckee. Additionally, Kappy and Jennifer saw the District through many escrows all which had been canceled during escrow. As the property comes with its own special circumstance staff recommends that the District remain with Kappy and Jennifer as the two have amassed a significant body of knowledge with respect to the Glenshire Drive property. 4. FISCAL IMPACT There is no direct fiscal impact associated with this action. Fees will be paid from proceeds of the sale. 5. RECOMMENDATION Enter into a new Listing Agreement, Attachment 1, with Keller Williams Realty retaining Kappy Mann and Jennifer Boehm as the District real estate agents as it pertains to Glenshire Drive. Michael D. Holley General Manager