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HomeMy WebLinkAboutAddendum - 5DATE: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. Attached for your review and signature is Amendment No. 5 to CAG-22-191 with Costar Realty Information, Inc. The purpose of this amendment is to add funds to Eden in the amount of $767.41. 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. CoStar is a national database used by Community and Economic Development to research commercial properties that are for lease or sale. This information is used to assist businesses looking for space in Renton and in responding to data requests. Attached are the following documents: 1. Example of monthly payments: Costar Invoice # 122119071 Approved By: ____________________________ Kristi Rowland Deputy Chief Administrative Officer _____________________________ Date              CAG-22-191, Adden #5-25 Invoice Page 1 of 2 Invoice Number 122119071 Account #/Location ID 360587 Invoice Date 05/05/2025 CoStar Federal Tax ID 52-2134617 Payment Terms Net 30 Due Date 06/04/2025 Service Period 05/01/2025 to 05/31/2025 Invoice Amount USD 977.43 501 S 5th Street Richmond, VA 23219 CURRENT INVOICE See the following page(s) for detail CoStar Suite USD 886.16 Sub-Total USD 886.16 Tax USD 91.27 Current Invoice Total USD 977.43 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 SUITE 600 Invoice Number: 122119071 Invoice Date: 05/05/2025 Payment Due Date: 06/04/2025 Current Invoice Amount: USD 977.43 Total Balance: USD 977.43 Amount Enclosed: REMITTANCE INSTRUCTIONS Make EFT and Credit Card payments online: Make Checks Payable and Send To: COSTAR REALTY INFORMATION, INC. 2563 Collection Center Dr Chicago, IL 60693 For questions about your bill, please call us at 800-894-4720. Email: Billing@costar.com Please ensure that your account is kept current to avoid an interruption of service. 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 STE 600 RENTON WA 98057-3232 GTF FDP SVB 00000012211907100000097743           Account #/Location ID Invoice Date Invoice Number Federal Tax ID Page 360587 05/05/2025 122119071 52-2134617 2 of 2 COSTAR SUITE SITE ADDRESS SUBMARKET CONTRACT # BILLING PERIOD SUBTOTAL TAX AMOUNT 1055 S Grady Way, Suite 600, Renton, WA, 98057 All Data 616237 05/01/2025 to 05/31/2025 886.16 91.27 977.43 CoStar Suite 886.16 91.27 977.43 Current Invoice Total (USD): 886.16 91.27 977.43 Page 2 of 2 00000012211907100000097743