HomeMy WebLinkAboutCRA-R-04-0010City of Miami
Legislation
CRA Resolution: CRA-R-04-0010
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-01013 Final Action Date: 9/20/2004
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"),
INCREASING FUNDING FOR THE GRAND PROMENADE INTERIM RENOVATION
PROJECT IN THE AMOUNT OF $200,000 TO ATOTAL OF $700,000 BY
AUTHORIZING AN INCREASE OF $145,328.84 IN THE CONTRACT PRICE AS
DEFINED IN THE CONSTRUCTION MANAGER -AT -RISK AGREEMENT WITH
MCM CORP., AND AUTHORIZING INCLUSION OF A PROJECT RESERVE OF
$54,671.16.
WHEREAS, the Board of Directors by Resolution 03-62, passed and adopted on July 15, 2003,
authorized $500,000 for construction of the Grand Promenade Interim Renovation Project and
authorized award of the project under the CRA's Construction Manager -At -Risk contract with Magnum
Construction Management Corp., d/b/a MCM Corp.; and
WHEREAS, the authorization was based on preliminary cost estimates derived from conceptual
designs; and
WHEREAS, the design phase of the project has been completed and final plans and
specifications have been prepared; and
WHEREAS Construction Manager's Fees for design phase services of $19,318.51 have been
incurred to date; and
WHEREAS, the MCM Corp. has submitted a guaranteed maximum price for the project of
$626,010.33 based on the final plans and specifications; and
WHEREAS, the Board of directors wishes to include a reserve of $54,671.16 to allow for changes
in scope or completion of unforeseen work;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. Funding for the Grand Promenade Interim Renovation Project is increased in the
amount of $200,000 to a total of $700,000 by authorizing an increase of $145,328.84 in the Contract
Price as defined in the Construction Manager -At -Risk agreement with MCM Corp. and authorizing
inclusion of a project reserve of $54,671.16.
City of Miami
Page 1 of 2 File Id: 04-01013 (Version: 11 Printed On: 9/9/2011
File Number: 04-01013 Enactment Number: CRA-R-04-0010
Section 3. This Resolution shall become effective immediately upon its adoption.
PASSED AND ADOPTED this 20th day of September, 2004.
City of Miami Page 2 of 2 File Id: 04-01013 (Version: 1) Printed On: 9/9/2011