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Boca Raton council approves CBRE contract to manage public-private partnership proposals
Summary
The Boca Raton City Council voted 5-0 on Dec. 16 to adopt Resolution No. 146-2024, authorizing an agreement with CBRE Inc. to manage and evaluate public‑private partnership proposals for the governmental master plan; council members raised concerns about reimbursement and commissions but moved forward after staff and the consultant made concessions.
The Boca Raton City Council voted 5-0 on Dec. 16 to approve Resolution No. 146-2024, authorizing an agreement with CBRE Inc. to provide professional services to solicit, evaluate and help negotiate public‑private partnership (P3) proposals related to the city’s governmental master plan.
The vote followed a short discussion in which multiple council members said they had concerns about the contract’s reimbursement and commission provisions but ultimately supported moving forward. Mayor Singer said the agreement is ‘‘not a perfect agreement, but ... net, net, I’m supportive of it and would like to move forward today.’’
Council member Nacklis told…
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