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HomeMy WebLinkAbout05/02/2012 7C AGENDA BILL CITY OF BREMERTON CITY COUNCIL 7C SUBJECT: Potential Change Orders — Park Study Session Date April 25, 2012 Plaza Construction COUNCIL MEETING Date May 2, 2012 Department Public Works /Finance Presenter Katy Allen /Becky Hasart Phone 473 - 5315/473 -5722 SUMMARY: The City is in the final stages of construction on the Park Plaza Phase I and Phase II projects As we move towards completion prior to the Armed Forces Day festivities, there are various change orders needed to complete this work These change orders, in the aggregate, will exceed the authority granted by City policy The attached staff report specifies which change orders are needed and the associated dollar authorities requested ATTACHMENTS: Staff report — change order matrix FISCAL IMPACTS (Include Budgeted Amount) The change orders associated with the parking garage (Phase 1) are part of the Fund 305 budget The cash associated with this budget was derived from bond proceeds This budget may need an amendment, but requested authority will not exceed available cash resources The change orders associated with Phase II of this project are part of the Fund 306 budget The cash associated with this budget was derived from a federal EDA grant ($2 6 million) as well as proceeds from the sale of the developed retail pads, transfers from the utilities for their appropriate related costs, close out of remaining cash from the Harborside commons fund 304 and close out of any remaining cash from the bond proceeds from the Phase I portion of the project (Fund 305) This fund may also need an amendment, but again, requested authority will not exceed available cash resources APPROVALS: DEPARTMENT DIRECTOR CITY ATTORNEY FINANCE DIRECTOR MAYOR RECOMMENDED MOTION: Move to approve the requested change order authorities as presented and detailed in the attached staff report STUDY SESSION ACTION: ❑ Consent Agenda General Business ❑ Public Hearing COUNCIL PRESIDENT COUNCIL ACTION: Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action