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HomeMy WebLinkAbout02/04/2015 6A AGENDA BILL CITY OF BREMERTON CITY COUNCIL SUBJECT: Project Design Agreement for Study Session Date: January 28, 2015 Schedule 74 Underground Conversion; and COUNCIL MEETING Date: February 4, 2015 Reimbursement Agreement for Washington Department: Public Works& Utilities Avenue Improvements Presenter: C. Martin Phone: 360.473.5920 SUMMARY: The Olympic Gateway Towers project will redevelop property on the east side of Washington Avenue immediately north of 51'Street. The property is within the work area of the City's Washington Avenue Community Boulevard project; the City's project will precede the redevelopment project. To coordinate construction, the City and the Developer(Maple Tree Investment, LLC and Bremerton Towers Development, LLC) have negotiated an agreement where the Developer will construct some improvements that were included within the City's project scope, and the City will construct some of the improvements the Developer is responsible to construct. In general, the City is deferring work the Developer would remove or destroy in their construction, and the City is constructing underground work that would otherwise conflict with the City's project. Work constructed by the City includes Schedule 74 utility undergrounding within the limits of the development. The Developer will reimburse the City for all improvements constructed by the City that are its responsibility. ATTACHMENTS: 1) Schedule 74 Design Agreement 2) Reimbursement Agreement FISCAL IMPACTS: The City will construct an estimated $145,000 of improvements the Developer is responsible for; the Developer will reimburse the City for this cost, and will provide a construction bond for the improvements. STUDY SESSION AGENDA: ® No Presentation ❑ Full Presentation STUDY SESSION ACTION: ❑ Consent Agenda ® General Business ❑ Public Hearing RECOMMENDED MOTION: Move to approve the Project Design Agreement for Schedule 74 Underground Conversion with Puget Sound Energy and the Reimbursement Agreement with Maple Tree Investment LLC and Bremerton Towers Development LLC for Washington Avenue Improvements; and authorize the Mayor to finalize and execute the agreements with substantially the same terms and conditions as presented. COUNCIL ACTION: [Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action Form Updated 01/25/13