From
Letecia McNatt
Title
Personal Services Contract with J. David Merritt for hospitality development services associated with the proposed hotel and conference center project in the amount of $300,000
Presenter
Marty Wieder, Economic Development Director
Recommended Action
Approve
Analysis
Dave Merritt will conduct due diligence and development services for the proposed hotel and conference center to be developed on the EpicCentral Park site. And while Dave Merritt will lead the process, the City of Grand Prairie will retain control over all major decisions.
Dave Merritt will offer hospitality related expertise such as assisting with commissioning a marketing study, providing feedback and direction regarding project layout/design/programming, selecting and negotiating with the hotel management company, advising and/or providing direction regarding certain retail users that enhance the hospitality experience, overseeing and directing the financial modeling of the hotel portion of the project and assisting the City on the selection of the designer and contractor.
Over the course of the project, Dave Merritt will be the main resource for all hospitality matters in supporting the City during the master planning process and ensuring the most desirable integration of the various uses within EpicCentral Park.
Chapter 252, Section 022 of the Local Government Code provides for the exemption to competitive bidding when the expenditure of money is for personal services.
Financial Consideration
Contract in the amount of $300,000 to be paid from Capital Lending Reserve Fund (402690-61405)