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File #: 2021-3258    Version: 1 Name:
Type: Resolution Status: Consent
File created: 10/19/2021 In control: Board of Commissioners
On agenda: 10/26/2021 Final action: 10/26/2021
Title: Commission District(s): Districts 2 and 6 To Appropriate $4,000 from District 6 Account 09130.579002.272.0000.0000 to Noell Consulting Group for Market Based Review of North DeKalb Mall Redevelopment Plans
Attachments: 1. 2995 DeKalb County - N. DeKalb Mall

                                    

Public Hearing:  YES      NO                                                   Department: Board of Commissioners - District 6                                     

 

SUBJECT:

Title

Commission District(s): Districts 2 and 6

To Appropriate $4,000 from District 6 Account 09130.579002.272.0000.0000 to Noell Consulting Group for Market Based Review of North DeKalb Mall Redevelopment Plans

Body

 

Information Contact: Commissioner Ted Terry

Phone Number: 404-371-4909

 

PURPOSE:

To appropriate District 6 reserve funding to Noell Consulting Group for redevelopment services as outlined in the attached scope of work.

 

NEED/IMPACT:

North DeKalb Mall redevelopment plans as proposed by new ownership, EDENS, needs a third-party market-based review.  Noell Consulting Group will review the currently submitted redevelopment plans and compare these plans to market performance metrics and provide a review offering recommendations or adjustments as necessary.

 

FISCAL IMPACT:

Increase appropriations for the following account by the amount indicated below:

Non-Departmental - Unincorporated Fund - Transfer to Grant Fund (09130.611250.272.0000.0000) - $4,000

 

Decrease appropriations for the following account by the amount indicated below:

Non-Departmental -Unincorporated Fund- Reserve for Appropriation (09130.579002.272.0000.0000)-$4,000

 

RECOMMENDATION:

Recommended Action

To approve the appropriation of $4,000 and the attached scope of work to engage Noell Consulting Group and authorize the Chief Executive Officer to execute all necessary documents.