Loading...
HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM Law Department = FILE ID. 0—<�O.Z �+ Matter ID No. 09-340.002 Date. 4/13/10 Requesting Department: City Manager's Office Commission Meeting Date: 4/22/10 District(s) Impacted: F-11 ❑2 ®3 ❑4 Q5 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Resolution to approve Amendment No. 2 to the Construction Manager at Risk Agreement with Suffolk Construction Company, Inc. for the Stadium Site Parking Proicct, B-30648. Purpose of item: To authorize the City Manager to execute Amendment No. 2 to the Construction Manager at Risk Agreement with Suffolk Construction Company, Inc., for the Stadium Site Parking Project, authorizing the City to issue a limited notice to proceed prior to the sale of the Special Obligation Parking Revenue Bonds (Bonds) for certain construction services, including but not limited to those detailed in Attachment F, in an amount not to exceed $4,000,000 of the Approved Guaranteed Maximum Price (GMP) of $75,000,000. This item results in no change to the GMP, with funds to be allocated from Capital Improvements Project No. B-30648 and B -30153J. Background information: Pursuant to R-10-0003, enacted January 14, 2010, the City Commission approved the award of a Construction Manager at Risk Agreement with Suffolk Construction Company, Inc, (Suffolk) for the provision of Construction Management services for the Stadium Site Parking Project (Project). The City subsequently entered into an agreement with Suffolk, executed February 12, 2010. In order to expedite the Project, on March 11, 2010, the City Commission adopted Resolution R-10-0105, authorizing the City to enter into Amendment No. I to the Agreement, allowing certain services to be moved forward into the pre -construction phase of the Project, increasing the pre -construction fee to $333,174. Per the Agreement, the construction funds are to be allocated from the sale of the Bonds and the issuance of a Notice to !Proceed for the construction phase is not to take place until the sale of the Bonds. In order to remain on schedule for completion of the Project by the December 2011 completion date, this Amendment No, 2 allows the City to issue a limited Notice to Proceed prior to the sale of the Bonds, for an amount not to exceed $4,000,000 of the GMP, to allow Suffolk to begin performance of certain construction services, as identified in Attachment F. Continued..... Budget Impact Analysis NO Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No; Special Revenue Account No: CIP Project No: B-30648 &B-30153) NO Is this, item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: K000,000 000 Final Approvals / A _ UP N/A Budget If using or receiving capital fun Grants I0A Risk Managen Purchasing N/A Dept. Director. Chief City M Page 1 of Project Manger: Roben Fenton A comprehensive Notice to Proceed for the remainder of the Construction Work, may only be issued upon sale of the Bonds. The expenditure of the $4,000,000 authorized by the limited Notice to Proceed does not affect the GMP, which remains at a not to exceed amount of $75,000,000. Funds are to be allocated from Capital Improvements Project No. 13- 30648 and B -30153J. Page 2 of 2 Project Manager: Robert Fenton