Memorandum
Date: January 10, 2023
To: The Honorable Lake County Board of Supervisors
From: Patrick Sullivan, Treasurer - Tax Collector
Subject: Approve Agreement between County of Lake and Harmony Research for professional research services related to Tax Default Land Sales in an amount not to exceed $307,500 and authorize the Chair to sign
Executive Summary:
The Treasurer-Tax Collector requests authorization to use professional research services provided by Harmony Research LLC through June 30, 2024. Harmony Research LLC was selected in December after issuing a Request for Proposals (RFP). The County has regularly utilized the services of Harmony Research in past tax sales.
Auction expense is assigned to each individual parcel posted for sale and is included in the minimum auction bid. Said costs are typically recovered via auction proceeds or parcel redemption. When the properties are not sold or the minimum bid is reduced, these costs may not be successfully recovered. It is anticipated that cost recovery may cease to become effective during the term of this agreement due to the value of the existing inventory eligible for sale.
If not budgeted, fill in the blanks below only:
Estimated Cost: ________ Amount Budgeted: ________ Additional Requested: ________ Future Annual Cost: ________
Purchasing Considerations (check all that apply): ? Not applicable
? Fully Article X.- and/or Consultant Selection Policy-Compliant (describe process undertaken in "Executive Summary")
? Section 2-38 Exemption from Competitive Bidding (rationale in "Executive Summary," attach documentation, as needed)
? For Technology Purchases: Vetted and Supported by the Technology Governance Committee ("Yes," if checked)
? Other (Please describe in Executive Summary)
Consistency with Vision 2028 (check all that apply): ? Not applicable
? Well-being of Residents ? Public Safety ? Disaster Prevention, Preparedness, Recovery
? Economic Development ? Infrastructure ...
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