5.3. SR 07-08-2002 - Laserfiche WebLink

Home Browse Search

budget. The geothermal system remains in this construction project, iThe most difficult part of the project to remove is the upstairs shell area to accommodate futule growth of the department. Attached is a memo from Gary Tushie and a list of the lhanges that are recommended in order to bring this construction project in on budget. A lot of what is on this list as cuts will need to be funded at some time in the future - most likely through the annual budget process. Also, please note that the six additional garage stalls have been added as this garage space continues to be a very high priority and the floor covering in the fire garage is included. Finance Director Lori Johnson has been working with the city financial consultant, Ehlers and Associates, Inc., on the lease purchase bonds for the Public Safety p~oject. As discussed in January, the reason why only $7 million dollars is available for the prbject when the lease purchase amount is $8 million has to do with the reserve requireme~. Ms. Johnson and representatives from Ehlers and Associates will be at the City Council meeting to discuss the possibility of reducing the reserve requirement by way of insuring th9 bonds. If this happens, additional monies will be available for the construction project; however, if the city decides to pursue the insurance approach there is a timing issue that we must aOdress. This timing issue is that a final decision on the insurance approach will not be made b~f the bonding companies until near the end of July and the bids must be awarded in early July. iAccordingly, many of the items changed at this time for awarding the bids on July 8, 2002, ma~ come back into the project if the insurance approach is pursued and the city is successfu! in using this approach. At this time we are optimistic that the reserve requirement will change and that more than $7 million dollars will be available for the Public Safety Facility. AccOrdingly, the upstairs part of the project is scheduled to be awarded; however, if additional moues are not available, then this upstairs component would need to be removed by way of a char~ge order. We will get less value by removing this upstairs area later, but it is practically impossible to remove the upstairs area now and then add it back later because of its impact on other pt rts of the building. Gary Tushie of Tushie Montgomery Architects, and Jim Beckwith ot' Kraus Anderson Construction Company will be in attendance to present the bids and the recommendations for awarding the bids. Recommendation It is recommended that the City Council approve the bid packages aa submitted by Kraus Anderson Construction Company for the Public Safety Facility and fbr the City Hall and Public Utilities projects. It is recommended that the City Council authorize the metal roof fo~ the City Hall project.