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Redevelopment commission approves 18-month property management contract with Choice Realty after edits
Summary
Commission approved resolution 25-67 to contract with Choice Realty & Management, Inc. for management of RDC properties beginning July 1, with conditions: removal of a $3,900 "incidental" clause, ownership of documents retained by RDC, and subject to legal review.
The Bloomington Redevelopment Commission voted unanimously June 16 to approve an 18-month property-management agreement with Choice Realty & Management, Inc., subject to legal review and two contract edits requested by commissioners.
Why it matters: The RDC has not had active property-management agreements on several redevelopment-owned properties. The new contract centralizes routine management and establishes a monthly flat fee for core services while preserving commission…
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