AgdaPkt 2003-09-22 - Laserfiche WebLink

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n/ 0-2 The garage will have parking controls, including gates at the entrance /exit, and a parking management system that will permit validations for participating businesses. The City has been in the process of acquiring the properties in the block and relocating the existing tenants. That process is nearing coi.ipletion and the buildings will be demolished, the site cleared, and the garage excavation w4l start shortly. The schedule for construction of the new underground garage is expected to be from approximately October, 2003 to Fall, 2004. The site clearance for the project has begun following Council and RDA approval of a Site Clearance agreement on August 11, 2003. The scope of work for that agreement included abatement of hazardous materials, demolition of existing buildings and relocation of utilities on Middlefield Road. The next step in the process will be excavation and shoring for the underground garage. It is critical that the excavation and the shoring be completed prior to the 03' -04' rainy season. Thus, it is anticipated that the majority of the excavation will be completed by the end of 03'. The construction for relocation of the storm drain culvert located underneath the block is nearing completion and the ends must be tied into the existing box culvert before the portion of the old culvert is removed and excavation starts. It is anticipated that the contractor will be ready to begin excavation by October 15th. The major components of the scope of work for this agreement will include: • Excavation for the two level underground parking garage • Shoring of the excavated area and site preparation • Pile driving of over 900 piles • Construction of the steel /concrete foundation • Construction of the garage including concrete walls, columns and podium deck • Water and fire protection • Installation of electrical and mechanical systems • Construction of elevators and stairwells • Entry features, signage and graphics • Finish work, including masonry, signing and striping, painting, etc. The estimated cost of the above construction items is $157M. The total budget also includes $1.5M for support costs, and a $1 M contingency. Thus the total estimated cost for the above work is $18.2M. The funds for the initial work will be advanced from the $20 M loan from the City to the Agency. The remainder of the funding will come from the bonds that will fund Downtown improvements. A summary of these costs is attached. Fast Track Under our fast track schedule, the attached Construction and Reimbursement Agreement is in draft form as it is still under review by the developer. We do not anticipate any major changes to the agreement as a result of that review. Any minor changes will be brought to your attention at the Council meeting. PW:cls /CD /agenda: construction & reimbursement parking garage 2 091703