4.9 14-1005 Subject: Professional Service Agreements For The Real Estate Division From: Planning And Building Department Recommendation: Adopt A Resolution Authorizing (1) The City Administrator Or Designee, To Negotiate And Execute Professional Service Agreements Between The City Of Oakland And Multiple Vendors Selected Through The Competitive Bid Process To Provide Real Estate Appraisal, Title And Escrow Services For A Five Year Period From July 1, 2015 Through June 30, 2020, (2) An Amount Paid For Services Rendered Not To Exceed Seven Hundred Fifty Thousand Dollars ($750,000.00) Per Vendor/Professional Service Agreement, And (3) A Total Allocation For All Vendors In An Amount Not To Exceed Three Million Seven Hundred Fifty-Thousand Dollars ($3,750,000.00), Provided That, In Each Contract For Service, The City's Contracting Requirements Are Followed, Without Returning To City Council; On The June 9, 2015 Community & Economic Development Committee Agenda