SUBJECT/RECOMMENDATION:
Title
Approve a Purchase Order to Station Square Condominium Association, Inc., of Clearwater, FL, for 2025 Condo Association owners’ fees in a cumulative not-to-exceed amount of $113,419.56 pursuant to Clearwater Code of Ordinances Section 2.563(1)(d), Non-Competitive purchases, and authorize the appropriate officials to execute same.
Body
SUMMARY:
In 2009, the City entered into an agreement with Station Square Condominium Association, Inc. (Station Square) to own and operate the first 100 parking spaces in that garage as public parking. Due to this agreement, the City is a member of Station Square Condo Association. Membership requires the City to pay Condo fees to the association.
In 2011, the City entered into a Maintenance Agreement that clarified some of the City’s maintenance responsibilities, and that Agreement renews each year along with the Association’s budget. Each year Station Square passes an annual budget, and the City encumbers funds to pay the City’s share of the assessed fees. The 2025 budget approved by Station Square Condominium Association includes the City’s share of assessed fees due monthly at $9,451.63 for an annual total of $113,419.56.
2024 fees were $139,863.42 due to a special assessment for increased insurance premiums.
APPROPRIATION CODE AND AMOUNT:
4351333-530300 $113,419.56.
Funds are available in Public Works - Parking cost code 4351333-530300, Parking System Contractual Services, to fund this contract. The Parking division of Public Works is funded by the Parking Fund, an enterprise fund of the City.
STRATEGIC PRIORITY:
This item includes objectives 1.2, maintaining public infrastructure through systematic management efforts, 1.3, maintaining responsive level of service for a public facility, and 2.1, strengthening public-private initiative with Station Square