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HomeMy WebLinkAboutresolution.council.027-05RESOLUTION (Series of 2005) A RESOLUTION APPROVING A COST REIMBURSEMENT AGREEMENT BETWEEN THE CITY OF ASPEN, COLORADO, AND OBERMEYER REDEVELOPMENT COMPANY, SETTING FORTH THE TERMS AND CONDITIONS REGARDING CONSTRUCTION OF STRUCTURE AND PIPING FOR THE RIO GRANDE WELL AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAID AGREEMENT WHEREAS, there has been submitted to the City Council a cost reimbursement agreement between the City of Aspen, Colorado, and Obermeyer Redevelopment Company, a copy of which agreement is annexed hereto and made a part thereof. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 That the City Council of the City of Aspen hereby approves that cost reimbursement agreement between the City of Aspen, Colorado, and Obermeyer Redevelopment Company, regarding construction of Rio Grande Well structure and piping, a copy of which is annexed hereto and incorporated herein, and does hereby authorize the City Manager of the City of Aspen to execute said agreement on behalf of the City of Aspen. I, Kathryn S. Koch, duly appointed and acting City Clerk, do certify that the foregoing is a tree and accurate copy of tha3~solufion adopted by the City Council of the City of Aspen, Colorado, at a meeting held (_~r?_ ~j APR, 2005 9:08AM OBEEf¢iEYER. P'LACE N0,333 ~ 2 March 30, 2005 Re: Obermeyer Place Revised Well Head and Associated Costs Dear Mark; As a follow up to our meeting of March 14, 2005, wc transmitted McLaughl~ Riacon's memorandum to you dated March 3, 2005, covering their review of the pricing that had been submitted to you in our letter dat=d Fcbmaxy 15, 2005, to our contr~r and their subconizactors. Attached you will find thc responses fiom the subcontractors and RA Nelson. You will note that in addition to the deletion of tho sidewalk md curb cost, Obarmeyer has reduced their overhead costs to 7% fzom 15%. This reduction results in a revised price of $146, 577, dews from $157, 583. McLaughlin Rincon's first comment regarding overall pricing may not adequately aclmowledge the price increases in steel and p~a'oleum products that all construction project~ have incurred over the lag year or so. Their memo refermces aa estimate for $109,058 that we were not provided and therefore cannot comment on the accuracy or total scope in that cstlmate. Wc are confident however, that the pricing provided to you in our package is reflective of current conditions in tlfis market place and consistent with pricing that Obermeyer has received for the total project and recent change order pricing. As mentioned in our two previous l~ers on this topic, this work will be performed on behalf of the City of Aspen Water Depa~uaent, in return for which Obermeyer Place will be reimbursed by thc City of Aspen Water D=partment. The work in the street will be performed in May 2005. The precas*, cast in place and other scopes of work underground have been completed at this time. We request the reimbursement for this work no later than the end of June, 2005. Irt view of the reductions in cost and the impe,~a{~g installation of the elements you have requested, please provide your signature of acceptance ca be, half of the Water Department in the space provided below. We re. quest the approval for this work as soon as practical a~ change orders to thc contractor must be executed for the additional work contemplated under the rcv/secl drawings. ~I0 Nor~ Mill blreet, Sv~t= 201 · Aspera, Colorado · 81611 PH 970.920.$680 · I.$85,920.7I 11 · I=AX 970.9g0.6590 · v0~nv.obermeyerplace.eom Please contaot~kis ofiicewithanyquestionsyoumayhavcaf~=ryouhave had achanoeto r=vi=w~e enclosed =slimat¢, · Donovan Director Design and Con~'uction ~'~ of &~p~ Wa*eT-~nt Bnclosur~ XC; D.Komero File 2A.4 Obermeyer Place Well Water Vault and Associated Work 3124t2005 Revised Cost A.A. Nelson and subcontractor oosts (See attached back up information) Sopris Engineering Costs Subtotal Obermeyer Redevelopment Company Overhead Costs ~ 10% $132,978 $274 $133,252 $13,325 Totsl $146,577 ' This line item includes costs of printing, architecturat ~oordlnation, role engineering costs, costs of adminstering the change orders necessary.