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HomeMy WebLinkAbout04-01324 COVER MEMOCRA Board of Directors Meeting December 13, 2004 Item 2 SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM Chairman Johnny L. Winton Date: December 3, 2004 File: 04-01324 and Members of the CRA Board From: Frank K. Rollason Executive Director RECOMMENDATION: Subject: Approval of GMP & Authorization for Contract Amendment for Jackson Soul Food Restaurant Project References: Enclosures: Resolution; Supporting Documentation It is recommended that the Board of Directors of the Southeast Overtown/Park West Community Redevelopment Agency (SEOPW CRA) approve and adopt the attached Resolution accepting the Guaranteed Maximum Price (GMP) negotiated with Design Build Inter -American (DBI) in the amount of $714,290.20 for the construction element of the Jackson Soul Food Restaurant Renovation Project, plus an additional $19,500 for pre -construction design work, plus an additional $46,209.80 for other reimbursable expenses to include, but not limited to permit fees, bonds, insurance and impact fees, for a total amount not to exceed $780,000; and further authorize the Executive Director to enter into the required amendment, as an attachment to the Resolution, to the existing Construction Manager at Risk Contract to allow construction to go forward. JUSTIFICATION: This is the final element in required approvals to allow this project to enter the construction phase. DBI was previously selected from the two available CM -at -Risk contracts approved by the Board of Directors on February 25, 2002 via Resolution No. SEOPWICRA 02-38. This project is one of three projects which were specifically named in the CM -at -Risk RFQ No. 2001-12 issued by the CRA on December 31, 2001 (copy of excerpt sheet attached). An Amendment as to a Guaranteed Maximum Price (GMP), however, requires final Board approval. The CRA Administration in conjunction with our Engineering Consultants, TY Lin/HJ Ross, has negotiated the attached Amendment which includes a GMP of an amount not to exceed $714,290,20, which is within the construction budget ($780,000) approved by the Board under Resolution No. SEOPW/CRA 03-78 on September 29, 2003. Therefore, it is recommended that the Board approve the attached Resolution which will permit construction to begin. FUNDING SOURCE: $780,000 from SEOPW TIF Account Code No. 689001.550108.6.860 entitled "Construction in Progress" FKR/eh