Item Title: | Approval of Resolution 2012/2013-60 Authorizing Lease-leaseback Process, Adopting Plans and Specifications, and Authorizing Execution and Delivery of Site Lease and Facilities Lease and Other Acts Relating to the Open Alternative School Play Area Upgrades Project |
Agenda Title: | Approval of Resolution 2012/2013-60 Authorizing Lease-leaseback Process, Adopting Plans and Specifications, and Authorizing Execution and Delivery of Site Lease and Facilities Lease and Other Acts Relating to the Open Alternative School Play Area Upgrades Project |
Background: | On May 7, 2013 the Board approved priority List 2 for the Remainder of the Measure R 2010 bond funds and confirmed projects on Priority List 1 for funds on hand. This project is scheduled to be funded from the second sale of bond funds.
The engineers estimate for this project is $88,700 and the construction budget for this project is $60,000 with a contingency of $12,000 and an added escalation factor of $16,482 for a total of $88,482. $60,000 is also budgeted for equipment and fall surface and will be installed under a separate contract. |
Recommendation: | That the Board Approve Resolution 2012/2013-60 Authorizing Lease-leaseback Process, Adopting Plans and Specifications, and Authorizing Execution and Delivery of Site Lease and Facilities Lease and Other Acts Relating to the Open Alternative School Play Area Upgrades Project |
Resource Person: | David J. Hetyonk, Director of Facilities & Operations |
Fiscal Impact: | Guaranteed Maximum Sum of $92,925 |
Funding Source: | Measure R 2010 bond funds (fund 26). |