HomeMy WebLinkAboutAddendum - 2
DATE: May 8, 2025
TO: Kristi Rowland, Deputy Chief Administrative Officer
CC: Young Yoon, Information Technology Director
FROM: Lacey Pires, IT Procurement and Contract Coordinator
SUBJECT: Balance Correction in Eden
This memo is in lieu of our standard contract template which allows for signature by both
parties.
Please consider this memo Amendment No. 2 to CAG-23-214 with Costar Realty
Information, Inc. The purpose of this amendment is to add funds to Eden in the amount of
$901.56.
This correction to our Eden balance is due to the tax rate increase (to 10.3%) that took
place in 2024 and increased our monthly subscription payments. That increase was not
account for when we added annual funding to Eden for this service.
We have chosen to terminate our subscription with Costar for Loopnet at the end of our
current term, which expires 06/30/2025.
Attached are the following documents:
1. Example of monthly payments: Costar Invoice # 122262082-1
Approved By: ____________________________
Kristi Rowland
Deputy Chief Administrative Officer
_____________________________
Date
Docusign Envelope ID: 33F52D7A-C349-4A6A-A732-9315068391A9
5/27/2025 | 11:26 AM PDT
Invoice Page 1 of 3
Invoice Number 122262082-1
Account #/Location ID 360587
Invoice Date 05/02/2025
CoStar Federal Tax ID 52-2134617
Payment Terms 15
Due Date 05/17/2025
Service Period 05/01/2025 to 05/31/2025
Invoice Amount USD 435.69
501 S 5th Street
Richmond, VA 23219
CURRENT INVOICE See the following page(s) for detail
LoopNet LoopLink USD 395.00
Sub-Total USD 395.00
Tax USD 40.69
Current Invoice Total USD 435.69
TEAR HERE REMITTANCE DOCUMENT - Please Include With Your Payment TEAR HERE
Account #/Location ID: 360587
LYNNE HIEMER
CITY OF RENTON ECONOMIC DEVELOPMENT
DEPT.
1055 S GRADY WAY
RENTON, WA 98057-3232
Invoice Number: 122262082-1
Invoice Date: 05/02/2025
Payment Due Date:05/17/2025
Current Invoice Amount:USD 435.69
Total Balance:USD 871.38
Amount Enclosed:
REMITTANCE INSTRUCTIONS
Make EFT and Credit Card payments online:
Make Checks Payable and Send To:
LoopNet
P.O. Box 7410099
Chicago, IL 60674-5099
For questions about your bill, please call us at 800-894-4720.
Email: Billing@costar.com
Office Hours: Monday - Friday 9:00 AM - 8:00 PM EST
Log on to costar.billtrust.com
Use enrollment token
LYNNE HIEMER
CITY OF RENTON ECONOMIC DEVELOPMENT DEPT.
1055 S GRADY WAY
RENTON WA 98057-3232
GTF FDP SVB
0000122262082100000043569
Docusign Envelope ID: 33F52D7A-C349-4A6A-A732-9315068391A9
Account Balance Summary
Previous Balance USD 871.38
Payments and Refunds USD (435.69)
Credit Memos USD 0.00
Adjustments USD 0.00
Current Invoice USD 435.69
Total Balance Due USD 871.38
Page 2 of 3
0000122262082100000043569
Docusign Envelope ID: 33F52D7A-C349-4A6A-A732-9315068391A9
Account #/Location ID Invoice Date Invoice Number Federal Tax ID Page
360587 05/02/2025 122262082-1 52-2134617 3 of 3
LOOPNET LOOPLINK
SITE ADDRESS SUBMARKET CONTRACT #BILLING PERIOD SUBTOTAL TAX AMOUNT
1055 S Grady Way Renton, WA
98057-3232 USA 698876 05/01/2025 to 05/31/2025 395.00 40.69 435.69
LoopNet LoopLink 395.00 40.69 435.69
Current Invoice Total (USD): 395.00 40.69 435.69
Page 3 of 3
0000122262082100000043569
Docusign Envelope ID: 33F52D7A-C349-4A6A-A732-9315068391A9