File #: 21202    Version: Name: Trepp Inc Mortgage loan info - Assessment
Type: Resolution Status: Passed
File created: 3/16/2023 In control: Budget Committee
On agenda: 3/20/2023 Final action: 3/27/2023
Title: A RESOLUTION awarding a three-year contract for the furnishing of mortgage loan information services for use by the Assessment Department to Trepp, Inc., of New York City, New York as a sole source purchase, at an actual first year cost to the County in the amount of $90,023.00.
Sponsors: Manuel Abarca IV
Indexes: CONSULTING SERVICES, CONTRACT, MORTGAGE LOAN
Attachments: 1. 21202bu.pdf, 2. 21202(c)adopted.pdf, 3. 21202 Trepp Inc.pdf

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

 

Title

A RESOLUTION awarding a three-year contract for the furnishing of mortgage loan information services for use by the Assessment Department to Trepp, Inc., of New York City, New York as a sole source purchase, at an actual first year cost to the County in the amount of $90,023.00.

 

Intro

RESOLUTION NO. 21202, March 20, 2023

 

INTRODUCED BY Manuel Abarca IV, County Legislator

 

 

Body

 WHEREAS, the Assessment Department has a continuing need for mortgage loan information relating to the purchase and sale of commercial real estate property throughout the Kansas City Metropolitan area; and,

 

WHEREAS, pursuant to section 1030.1 of the Jackson County Code, 1984, the Director of Finance and Purchasing has determined that this required information can be obtained from only one source, Trepp, Inc., of New York City, New York; and,

 

WHEREAS, the Directors of Finance and Purchasing and Assessment recommend the award of a three-year contract for the furnishing of mortgage loan information services to Trepp, Inc., of New York City, New York, as a sole source purchase, at an actual first year cost to the County in the amount of $90,023.00; now therefore,

 

 

 

 

 

BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that award be made as recommended by the Directors of Finance and Purchasing and Assessment, and that the Director of Finance and Purchasing be, and is hereby, authorized to execute for the County any documents necessary for the accomplishment of the award; and,

 

BE IT FURTHER RESOLVED that the Director of Finance and Purchasing is authorized to make all payments, including final payment, on the contract to the extent that sufficient appropriations to the using spending agency are contained in the then current Jackson County budget.

 

Enacted and Approved

Effective Date: This Resolution shall be effective immediately upon its passage by a majority of the Legislature.

 

APPROVED AS TO FORM:

 

______________________________                       _______________________________

Chief Deputy County Counselor                                            County Counselor

 

Certificate of Passage

 

                     I hereby certify that the attached resolution, Resolution No. 21202 of March 20, 2023, was duly passed on March 27, 2023 by the Jackson County Legislature. The votes thereon were as follows:

 

 

                     Yeas _____9__________                                                               Nays ______0________

 

 

                     Abstaining ____0_____                                                               Absent _____0_______

 

 

 

________________________                                                               _______________________________

Date                     Mary Jo Spino, Clerk of the Legislature

 

 

 

Fiscal Note

There is a balance otherwise unencumbered to the credit of the appropriation to which the expenditure is chargeable and there is a cash balance otherwise unencumbered in the treasury to the credit of the fund from which payment is to be made each sufficient to provide for the obligation herein authorized. Funding for future years is subject to appropriation in the County’s then current annual budget.

 

ACCOUNT NUMBER:        045                     1902                     56663

ACCOUNT TITLE:                                          Assessment Fund

Assessment

Software As A Service

NOT TO EXCEED:                                          $90,023.00

 

 

 

 

_________________                     _______________________________

Date                     Chief Administrative Officer