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HomeMy WebLinkAboutAddendum - 6DATE:June 10, 2025 TO:Kristi Rowland, Deputy Chief Administrative Officer CC:Young Yoon, Information Technology Director FROM:Lacey Pires, IT Procurement and Contract Coordinator SUBJECT:Annual Renewal of CoStar This memo is in lieu of our standard contract template which allows for signaturesby both parties. Attached for your review and signature is Amendment No. 6 to CAG-22-191 with CoStar. This Amendment authorizes payment of Invoice # 122242047, in the amount of $18,580.31, for the annual renewal of CoStar. The current renewal term is 05/12/2025 –05/31/2026. 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. CoStar Invoice # 122242047 Approved By: ____________________________ Kristi Rowland Deputy Chief Administrative Officer _____________________________ Date             CAG-22-191, Adden #6-25 Invoice Page 1 of 2 Invoice Number 122242047 Account #/Location ID 360587 Invoice Date 06/04/2025 CoStar Federal Tax ID 52-2134617 Payment Terms Net 30 Due Date 07/04/2025 Service Period 05/12/2025 to 05/31/2026 Invoice Amount USD 18,580.31 501 S 5th Street Richmond, VA 23219 CURRENT INVOICE See the following page(s) for detail CoStar Suite USD 16,845.22 Sub-Total USD 16,845.22 Tax USD 1,735.09 Current Invoice Total USD 18,580.31 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: 122242047 Invoice Date: 06/04/2025 Payment Due Date: 07/04/2025 Current Invoice Amount: USD 18,580.31 Total Balance: USD 18,580.31 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 00000012224204700001858031         Account #/Location ID Invoice Date Invoice Number Federal Tax ID Page 360587 06/04/2025 122242047 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 05/12/2025 to 05/31/2025 277.42 28.57 305.99 1055 S Grady Way, Suite 600, Renton, WA, 98057 All Data 616237 06/01/2025 to 05/31/2026 16,567.80 1,706.52 18,274.32 Effective this period your rates increased to reflect terms and conditions of your agreement or current levels of inflation. Thank you for being a valued client; we look forward to continuing to serve you and your community. CoStar Suite 16,845.22 1,735.09 18,580.31 Current Invoice Total (USD): 16,845.22 1,735.09 18,580.31 Page 2 of 2 00000012224204700001858031