File #: 19-1119   
Type: Payment Ordinance Status: Adopted
Meeting Body: City Council Formal Meeting
On agenda: 5/15/2019 Final action: 5/15/2019
Title: CoStar Realty Information, Inc.

Title

CoStar Realty Information, Inc.

 

Description

For $105,600.00 in payment authority for annual database subscription renewals through May 31, 2020, for the Aviation, Finance, and Community and Economic Development departments. The subscriptions provide online access to comprehensive market data, information and reports on commercial property sales, listings and leases. This information is used extensively to research market data to support the acquisition, disposal and leasing of real property; provide the Real Estate Appraisal Section with tools necessary to complete appraisals, appraisal reviews and valuation services; manage existing contracts and development of new business transactions for revenue contract services; and assist developers, investors and other interested companies in investing in Phoenix.