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Ms. Amanda Othoudt May 26, 2015 <br />City of Elk RiverPage 12 <br />Inc. staff assigned to the project. Any future updates to this Study will be contracted for sepa- <br />rately, with the cost of services being dependent on timing and the scope of work. <br /> <br />FEE PROPOSAL <br />COMPREHENSIVE HOUSING NEEDS ANALYSIS FOR THE CITY OF ELK RIVER M <br />Maxfield Research Inc. Staff <br />Mary MattJoeBrianPhyllisMaxfieldCost by <br />BujoldMullinsHollmanSmithAustinResearchTask <br />Project Task <br />PresidentVice-Pres.Sr. AnalystSr. AnalystSupport TotalTotal <br />A.Project Kick-off and Field Visit 080008$1,000 <br />B.Review of Past Studies 000202$170 <br />C.Demographic Analysis 00014014$1,190 <br />D.Employment Trends 0226010$1,010 <br />E.Housing Characteristics and Condition 02010012$1,100 <br />F.For-Sale Housing Market Analysis 01204016$1,810 <br />G.General Occupancy Rental Analysis 02014016$1,440 <br />H.Senior Housing Market Analysis 00214016$1,440 <br />I.Conclusions and Recommendations 21026020$2,310 <br />J.Meetings and Report Preparation 0602210$1,030 <br />Total Hours2426722124 <br />(times) Hourly Rate$150$125$125$85$55 <br />Total Cost for Staff Time$300$5,250$750$6,090$110$12,500 <br />(Plus) Travel Cost (not to exceed)*$0$0 <br />Total Cost for Staff Time plus Travel$300$5,250$750$6,090$110$12,500 <br />WORK PRODUCT <br />Findings will be presented in an electronic PDF format; hard bound copies are optional. The <br />Comprehensive Housing Needs Analysisis accepted by many lenders, limited partners, inves- <br />tors or governmental bodies who require such documentation to sa <br /> <br /> <br />COMPLETION TIME <br /> <br />The work outlined under Scope of Services will be completed in d90 to 120 <br />days of the execution of this agreement unless delayed by unexpected emergencies, forces be- <br />yond the control of the parties, or by written agreement of the parties. <br /> <br />A final report would be issued within two weeks of receiving alleedback from <br />the Client. <br /> <br /> <br /> <br />MAXFIELD RESEARCH INC. <br />