Explanation
1. BACKGROUND
This ordinance authorizes the Director of Public Service to modify a professional services contract with Moody Nolan to add funding in an amount up to $900,000.00 for Phase 2 of the design of the Miscellaneous Economic Development - Confluence Village Garage project.
Ordinance 0825-2020 authorized the Director of Public Service to enter into a professional services contract with Moody Nolan for the Miscellaneous Economic Development - Confluence Village Garage project and funded Phase 1 of the project. Phase 1 was the Design Development Phase consisting of programming, schematic design, and design development tasks. The ordinance also stated a contract modification was anticipated to fund Phase 2 of the project. Phase 2 of the contract will complete the Confluence Parking Garage plans up through construction documents. It also includes funding for all construction bidding support tasks and any needed construction services support.
The original contract amount: $500,000.00 (PO226619, Ord. 0825-2020)
The total of Modification No. 1: $900,000.00 (This Ordinance)
The contract amount including all modifications: $1,400,000.00
Searches in the System for Award Management (Federal) and the Findings for Recovery list (State) produced no findings against Moody Nolan.
2. CONTRACT COMPLIANCE
The contract compliance number for Moody Nolan is CC004232 and expires 3/12/22.
3. FISCAL IMPACT
A certification of reserves within the Special Income Tax Fund in the amount of $800,000.00 is necessary at this time. Bonds or notes will be sold at a future date to replace this temporary funding measure.
Funding in the amount of $100,000.00 is available within the Streets and Highways Bond Fund, Fund 7704, Project P440010-100000 (Economic Development Agreements). It is necessary to do a budget amendment to match cash and to transfer budget authority between projects within Fund...
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