9055 - Mgmt of Park Rental Properties - #294470

The contract is for the management of park rental properties in Allegheny County, Pennsylvania. The vendor, Robb Real Estate Co., LLC, will provide services including showing vacant properties to prospective renters, collecting monthly rent, performing routine maintenance, and responding to tenant requests. The contract term is for three years, with two options to renew for one year each. The vendor will retain 8% of the total rental funds collected as a rental management fee, and will deposit 30% of the monies due to the County into an interest-bearing revolving capital fund for rehabilitation, repair, or remodeling of the properties. Key points about the contract include: * The contract is for the management of 34 rental properties in Allegheny County Parks * The vendor will provide services including property management, maintenance, and rent collection * The contract term is for three years, with two options to renew for one year each * The vendor will retain 8% of the total rental funds collected as a rental management fee * The vendor will deposit 30% of the monies due to the County into an interest-bearing revolving capital fund for rehabilitation, repair, or remodeling of the properties