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Central council approves amendment to IBTS contract, council cites nearly $800,000 in savings
Summary
The Central City Council unanimously approved a resolution authorizing the mayor to sign Amendment No. 1 to the contract with the Institute for Building Technology and Safety (IBTS). Council said the changes reduce monthly city payments, recapture permit fees up to $400,000 annually and are projected to yield about $795,000 in savings.
The Central City Council on April 28 approved a resolution authorizing the mayor to sign Amendment No. 1 to the city services contract with the Institute for Building Technology and Safety (IBTS), council members said.
Council member Roy introduced the resolution, saying the amendment adjusts the payment structure to reflect that IBTS will have offices located within the city and reduces the monthly amount the city pays. Roy described the revision as a technical change intended to avoid charging rent on the front end and to better allocate permitting responsibilities to the city.
The mayor added that several contract provisions were removed or restructured as cost‑savings measures. He told the council that the amendment eliminates a performance bond requirement deemed unnecessary for a professional services arrangement, restructures certain IBTS personnel allocations and captures permit fees for the city until those fees reach $400,000 in a given year; after that threshold the contract provides a 25% revenue split with IBTS. “All in all, the total savings … is $795,000,” the mayor said.
No members of the public spoke during the hearing. Council member Roy moved to approve the resolution; Council member Meyer seconded. The council took a roll‑call vote; recorded affirmative votes included Lever, Lazero, McKenna, Meer and Roy, and the motion carried.
The amendment directs the mayor to execute the revised contract terms and asks staff to implement the fee‑capture and reporting mechanics described in the amendment. Council members said they viewed the changes as immediate, measurable budget savings for the city.
The city’s next step is administrative: finalize the amendment language, publish the amended contract and report back to council on permit revenue flows and any staff adjustments required to implement the new fee capture.
