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HomeMy WebLinkAboutR-80-0070TVP/bbb 1/24/80 RESOLUTION NO. 8 O 7 0 A RESOLUTION AUTHORIZING THE CITY MANAGER TO AMEND THE CONSTRUCTION AGREEMENT WITH. FRANK J. ROONEY, INC. FOR THE CONSTRUCTION OF THE CITY OF.MIAMI/UNIVERSITY OF MIAMI JAMES L. KNIGHT INTERNATIONAL CENTER TO PROVIDE FOR A CANCELLA- TION CLAUSE IN FAVOR OF THE CITY UPON LIMITED PAYMENT TO SAID FIRM IN THE EVENT THE CITY IS, NOT ABLE TO PROCEED WITH THE PROJECT, WITH. FUNDS FOR SAID PAYMENT TO BE ALLOCATED FROM THE CITY OF MIAMI/UNIVERSITY-OF MIAMI JAMES L. KNIGHT INTERNATIONAL CENTER ENTERPRISE FUND. WHEREAS, the City of Miami, ;pursuant contract Knight Rooney,. and bid for the City f Miami/University to i s construction f Miami James International Center .>with general contractor, F has obtained firm -bier Prices through January WHEREAS, the general contractor general has extended i rank J. 1, '1980; s:original prices thoough..March 31, 1980,.on the guaranty that have sold itsrevenue bonds and will have authorized said • contractor fully proceed with construction WHEREAS , " the elevator subcontractor o tractor required orders to proceed in order shop drawings, sketches and the placement of orders t tate a timely, delivery of special elevator parts; an WHEREAS, the failure to timely initiate this preparation that the City date`; and could the general con- o initiate engineering result in -severe cost overruns on this particular WHEREAS ,_the City 'desires to amend the subject to provide for initiation, o.facili- item; and agreement said pre -delivery functions and the City will be the:inclusion of a cancellation clause whereby liable for an amount not to exceed Seventy-five' Thousand ($75,000) the event the City is unable to proceed with the project Dollars in byMarch 31, 1980;.and WHEREAS,. the City amendment; Manager recommends adootion of the herein DOCUMENT INDEX ITEM NO 33 CITY COMMISSION MEETING OF JAN 2 4 1980 REIOWflONNo8©-70 REMARKS: es struction- of t International Center in favor Miami James '. to amend or the con- . Knight clause of the City upon payment of an amount not to exceed Seventy-five Thousand ($75,000) Dollars in the event the City is not able to; proceed with the. project ►oy March 31, 1980, with funds therefor to be national PASSED AND ADOPTED this day of , 1980. ATTEST: PREPARED AND APPROVED BY: PIA.. .0. )2 A,C� TERRY V-.`. P RCY ASSISTANT ITY ATTORNE APP GE CIT! MAURICE A. FERRE MA Y O R AS . RM AND CORRECTNESS: F. KNOXJR. TT ORNEY