The City Council approved a Second Amendatory Agreement with Jones Lang LaSalle Americas, Inc. for property management services. This agreement extends the contract for an additional two years, from November 1, 2025, to October 31, 2027, with an option for an additional three-year extension. The initial contract was approved via Resolution 2018-097 on February 26, 2018, for a five-year term with two optional two-year extensions. The first amendatory agreement extended the term to October 31, 2025. The total amount authorized for this second amendatory agreement is $16,776,000.00, bringing the total contract value to $37,876,000.00. The services include full-service commercial property management for various city-owned properties. The agreement also adjusts the fee schedule to reflect current market rates and includes provisions for sustainability and energy efficiency initiatives.