HomeMy WebLinkAboutresolution.council.116-17 RESOLUTION#116 1
(Series of 2017)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO,
APPROVING CITY MANAGER ADMINISTRATIVE EXECUTION OF SUBSEQUENT
CONTRACTS AND CHANGE ORDERS THAT ARE WITHIN THE APPROVED 505
HOUSING AT 540 E. MAIN ST. PROJECT BUDGET. AUTHORIZING THE CITY
MANAGER TO EXECUTE SAID CONTRACTS AND CHANGES ON BEHALF OF THE
CITY OF ASPEN, COLORADO.
WHEREAS, there has been submitted to the City Council a Project Budget Update in the
Sum of$5,397,860. Attached hereto as "Exhibit I".
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF ASPEN, COLORADO,
That the City Council of the City of Aspen hereby allows City Manager administrative
oversight of any subsequent contracts and change orders that are within the current Approved net
project budget of$5,397,860; and does hereby authorize the City Manager to execute said
agreement on behalf of the City of Aspen. Council will be updated by staff and City Manager on
a regular basis.
• INTRODUCED, READ AND ADOPTED by the City Councilof- he Ci of Aspen on
the 28`h day of August, 2017_
Steveri'okadron, vlayul
1, Linda Manning, duly appointed and acting City Clerk do certify that the foregoing is a
true and accurate copy of that resolution adopted by the City Council of the City of Aspen,
Colorado, at a meeting held on the 281h day of August, 2017.
L' da Manning, City Clerk
•
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City of Aspen - 505 Housing at 540 MainCoA Budget Code - 505.94.94414.86001 DRAW 15REACOM GEN COR PCO UNC Projected Over/(Under) Total Cost to Date Balance to Finish Approved Pending (Proj. Total - Budget) (Invoices) (Committed - Invoices) SOFT COSTS DC Design/ Consulting Fees 906,924 (274,136) 632,788 535,469 289 (35,021) 25,520 106,531 632,788 - 296,334 1,010 297,344 0.469895494 335,444 CP City and Planning Fees 382,812 (43,000) 339,812 - - - - 339,812 339,812 - - - 0 339,812 UDC Utility and Development Costs 221,600 - 221,600 - - - - 221,600 221,600 - - - - 0 221,600 SSS Site Survey and Soils Report 45,000 - 45,000 - - - - 45,000 45,000 - - - - 0 45,000 MT Materials Testing/Inspections 119,000 - 119,000 - - - - 119,000 119,000 - - - - 0 119,000 ENV Environmental Concerns/ Hazmat Study - - - - - - - - - - - - - - FIN Finance, Insurance, Design Contingency 30,000 - 30,000 - - - - 30,000 30,000 - 150 - 150 0.005 29,850 BS Building Systems Infrastructure/ Owner misc. - - - - - - - - - - - - - - FFE Furniture/ Fixtures and Equipment 19,375 - 19,375 - - - - 19,375 19,375 - - - - 0 19,375 SOFT COSTS TOTALS: 1,724,711 (317,136) 1,407,575 535,469 289 (35,021) 25,520 881,318 1,407,575 - 296,484 1,010 297,494 0.211352312 1,110,081 HARD COSTS PTB Permits, Taxes, Bonds - - - - - - - - - - - - - - CON Construction Costs 4,933,780 (1,342,151) 3,591,629 2,591,329 - - - 1,000,300 3,591,629 0 26,000 - 26,000 0.007239055 3,565,629 4,933,780 (1,342,151) 3,591,629 2,591,329 - - - 1,000,300 3,591,629 0 26,000 - 26,000 0.007239055 3,565,629 0.099999985OPCOWNER PROJECT CONTINGENCY 665,849 (267,193) 398,656 - - - - 398,656 398,656 - - - - 0 398,656 PROJECT TOTAL 7,324,340 (1,926,480) 5,397,860 3,126,798 289 (35,021) 25,520 2,280,274 5,397,860 0 322,484 1,010 323,494 0.059930089 5,074,366 770.98 674.73 Funding 2015/2016 Received399,000 check0 323,494 Funding 2017 Received- Funding Received to Date399,000 Committed to date3,117,586 Uncommitted to date2,280,274 Less current rollover/balance(2,718,586) Future funding needed4,998,860 check (5,397,860) NOTES: Current Budget Contracts and Committed Costs General Invoices (Non-Contract) Change Orders UncommittedCosts Estimated Cost at Completion HARD COST TOTAL: % Complete Total Original Budget Reallocations Previous Costs to Date Current Draw Total Budget Code ITEM 8/19/2017Page 1 of 1Provided by: Saul Abrahams|NV5Exhibit I