The city is in the market for a new partner to help attract businesses to the Nottingham Center.
During Monday night’s meeting, the city will discuss entering an agreement with Foundations Commercial Real Estate in Lawrence to provide commercial brokerage services for the development, according to the agenda.
The city signed an agreement with Kansas City-based CBRE in November 2021 to provide the same services. At the time, a CBRE representative predicted all of the lots in the Nottingham development would be full by 2024.
Today, multiple lots remain empty. The city’s contract with CBRE expired this fall.
Representatives from Foundations Commercial Real Estate will give a presentation Monday night to city commissioners. A drafted one-year agreement would give 6 percent of the gross pad sales price to Foundations when it sells a pad/parcel. The fee would be paid when the pad sale transaction closes, according to the agenda.
In other business, commissioners will set a Jan. 22 public hearing to discuss the establishment of a Reinvestment Housing Improvement District.
Representatives of Alcove Development will attend the January hearing to discuss a development agreement for a district north of the Shadow Ridge neighborhood and to present a financial feasibility study for the city to review.
After four attempts to get bids for the 701 Main St. community development block grant project, the city will also review Monday night the bids that came in for exterior masonry restoration, window replacement and storefront replacement.
In other business, commissioners will discuss hiring Public Policy Management Center of Wichita State University for strategic planning services for the Eudora Fire Department. The budgeted cost is $23,250.
Commissioners will meet at 7 p.m. Monday at City Hall.