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Title:
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One-Year Renewal to the Term Contract for Escrow and Title Services of Real Property for the Engineering Department (Citywide)
This contract provides a qualified firm to perform a wide range of real property escrow and title services related to land acquisition for the Gilbert Road Light Rail Extension Project and other contracted services. The City currently has parcels in escrow and requires the one-year renewal.
The Engineering Department and Purchasing recommend authorizing the renewal with Security Title Agency Inc. (a Mesa business), at $160,000, based on estimated usage.
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