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HomeMy WebLinkAboutR-84-0395J-84-328 4/2/84 rr/D-5 RESOLUTION NO. 84"" 395 A RESOLUTION AUTHORIZING THE CITY MANAGER TO MAKE PAYMENT TO FRANK J. ROONEY, INC. IN THE AMOUNT OF $1,Z50,000, AS FINAL PAYMENT AND IN TOTAL FINAL SETTLEMENT FOR THE CONSTRUCTION OF THE MIAMI CONVENT ION CENTER USING AVAILABLE FUNDS THEREFOR UPON RECEIPT OF APPROPRIATE SETTLEMENT DOCUMENTS FROM SAID FIRM; FURTHER AUTHORIZING THE CITY MANAGER ON BEHALF OF THE CITY TO EXECUTE A SETTLEMENT AGREEMENT WITH AND A RELEASE OF FRANK J. ROONEY, INC., SUBJECT TO THE APPROVAL OF THE CITY ATTORNEY. WHEREAS, the City of Miami has occupied and has had the use of the Miami Convention Center since September, 1982; and WHEREAS, since that time the City and Frank J. Rooney, Inc., the general contractor, have been attempting to negotiate a final settlement of claims arising out of the Center's construction; and WHEREAS, after conducting an audit, reviewing contractor and subcontractor claims, and all other pertinent data relating to said construction, the City Manager recommends that final payment in the amount of $1,250,000 be made to Frank J. Rooney, Inc., in total and final settlement of all claims; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is hereby authorized to (a) make payment to Frank J. Rooney, Inc. in the amount of $1,250,000, as final payment and in total final settlement for the construction of the Miami Convention Center using available funds therefor upon receipt of the appropriate settlement documents from Frank J. Rooney, Inc.; (b) execute on behalf of the City a Settlement Agreement with and a Release of Frank J. Rooney, Inc., subject to the approval of the City Attorney. CITY COMMISSION MEETING Or APR 5 1984 kEtwAf;hS � rA6sco AND xnop/co t»i"5th day of 1984~_ ATTEST: ulliu \. . PncPxncD AND APPROVED BY: ' DEPUTY CITY ATTORNEY ° Howard V. Gary City Manager FROM A an oms Project Director dvil CITY OF INTER -OFFICE— iI'=M OrAP- DIJ-,i-1 Y ~ DATE- April 2, 1.984 c-��--e .7.r SUBJECT- Resolution payment on Convention REFERENCES ENCLOSURES. autho-r:i-Eing final the Mlam: Center'':: cx� A Resolution authorizing the City Manager to make payment to Frank J. Rooney, Inc. in the amount of $1,250,000 as final payment and in total final settlement for the construction of the Miami Convention Center using available funds therefor, upon receipt of appropriate settlement documents from said firm. The Miami Convention Center project (a.k.a. City of Miami/ University of Miami James L. Knight International Center) general construction contract has been completed by Frank J. Rooney, Inc. The work was substantially completed September 1982 in time for the City's commitment to the ASTA Convention. However, some work remained unfinished and there were numerous problems and claims between the City and the Contractor to be resolved. Now, all remaining wort: including the punchlist and warranty i.tc rns have been completed and all- outstanding claims for changes and related extended general condition costs have been resolved t.11rough negotiation. It is nog,; in oa-de—,,- for the City Commission to accept the completed work and authori2:e the City Manager to mal,,e final.. payment after all conditions of settlement are met. The history of the project is quite complex and the following is a brief background of the settlement. In October 1979, Frank J. Rooney, Inc. was awarded a Cost of the Work plus a Fee contract with Guaranteed Maximum Cost in the amount of $26,700,000 for the construction of the Miami Convention Center project. The contract also provided for the assignment of an existing $4,385,991 Structural Steel contract with the Florida Steel Corporation in order to have all work the responsibility of one general contractor. ��- 84--395. Howard V. Gary Page 2 April 2, 1984 After the award, there was nearly a year's delay resulting from the sale of Convention Center and Parking Garage Revenue Bonds. As construction got fully underway, the City Commission authorized two increases in Rooney's contract of $1,301,359 and $5,548,698 respectively to cover inflationary cost increases, changes in the plans and the assignment of the structural steel contract. At that point the new guaranteed maximum cost was $33,550,057. During the next 21 year's of construction, there were 579 change orders which not only increased the costs but also extended the construction period. Through a series of Commission actions, funds were provided to cover the increases in the construction. Subsequent increases in Rooney's contract brought the Guaranteed Maximum Cost to $41,850,057. As of this date the City has made payments totaling $41,135,870 with $714,187 balance being retained pending settlement of all claims. To close out the contract, Rooney initially submitted claims of $1.2million for increases to the Construction Contract and they presented other subcontractor delay claims in excess of $2 million for which under the contract the City might be liable. These claims were excessive and unacceptable to the City. The Contractor offered to negotiate the claims on an individual basis but the City Manager directed that all claims be settled at one time. Through the efforts of the City's Project Director, Project Consultant, City Attorney and Finance Director with the assistance of Special Counsel and Special Auditor, all pertinent documentation and data were reviecaed and ar audit conducted. Concurrently, extensive negotiations were held with the Contractor's officials and legal_ counsel. to resolve claims. As a result of these negotiations, the Contractor has offered to accept a final payment in the amount of $1,250,000 as total and complete final settlement for all claims by Rooney and its subcontractors on the project. This final payment includes the $714,187 retained and the balance of $535,813 would increase the final contract sum to $42,385,870. The City of Miami/University of Miami James L. Knight International Center project has funds to cover the increase in the contract sum and the final payment. It is the joint recommendation of the Conference Center Department and the above staff and consultants on the project that a resolution be adopted authorizing the City Manager to make payment in the amount of $1,250,000 as final settlement to Frank J. Rooney for the construction of the Convention Center after receipt of the appropriate settlement documents. cc: Jose Garcia -Pedrosa, City Attorney - John J. Copelan, Jr., Asst. City Attorney - Carlos Garcia, Finance Director Donald W. Cather, Director, Public Works Vince Grinun, Consultant Darr_ey Davis, Esq., Special Counsel E.P. laconnis, CPA, Special Auditor