title
Authorize the Town Manager to Negotiate and Execute a Construction Contract for the Rosemary Parking Deck Project.
body
Staff:
Department:
Mary Jane Nirdlinger, Deputy Town Manager
Manager's Office
Amy Oland, Director
Business Management
Overview: On June 9, 2021, the Town Council approved the overall project budget for the Rosemary Parking Deck. The Construction Contract must be executed prior to closing on the property, currently anticipated to happen on June 23, 2021.
Recommendation(s):
That the Council authorize the Town Manager to negotiate and execute a construction contract for the Rosemary Parking Deck. A construction contract between Samet and the Town is a condition of closing on the property, as stated in the approved Economic Development Agreement.
Decision Points:
* Authorize the Town Manager to negotiate and execute the construction contract between Samet Corporation and the Town of Chapel Hill.
Key Issues:
* On June 9, 2021, the Council asked staff to include a target of 15% Minority and Women owned business enterprises (MWBE) in the construction contract and staff will include this change in the contract.
* The contract will be based on the project budget as presented on June 9, 2021.
Fiscal Impact/Resources: The construction contract and other related project expenditures will not exceed the Council approved Total Project Budget of $39 million dollars.
Where is this item in its process?
Attachments:
* Resolution
* Draft Staff Presentation
A RESOLUTION AUTHORIZING THE TOWN MANAGER TO NEGOTIATE AND EXECUTE A CONSTRUCTION CONTRACT FOR THE ROSEMARY PARKING DECK PROJECT (2021-06-21/R-1)
WHEREAS, the Council approved an Economic Development Agreement for the Rosemary Parking Deck on September 30, 2020; and
WHEREAS, the Council approved an overall project budget of $39 million on June 9, 2021; and
WHEREAS, the Guaranteed Maximum Price for the construction contract is a portion of that overall project budget; and
WHEREAS,...
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