Title
Possible Action to Approve Agreement With GeoPics, Inc. Regarding Commercial Real Estate Property Data.
Requested Action
Approve the License Agreement with GeoPics, Inc. and authorize staff and MEDC Attorney to finalize prior to execution.
Recommendation
Approve the License Agreement with GeoPics, Inc. and authorize staff and MEDC Attorney to finalize prior to execution.
Description/History
MEDC needs to enter into agreement with GeoPics. Inc. to provide a web based real property search tool on the MEDC website. Previously this service was provided by a company called Xceligent. Xceligent has ceased operations and filed for bankruptcy at the end of last year. Staff believes that GeoPics can provide similar service and pricing and therefore recommends subscribing to the service at a cost of $500 per month for a period of one year pending final review of the agreement by MEDC legal counsel.
Justification
MEDC needs a property search database on it's website to assist brokers, consultants and business owners searching for real estate in Mansfield.
Funding Source
4A
Prepared By
Scott Welmaker, Director Economic Development, 817-728-3652