TITLE: Title
Authorization for the Town Manager to Execute Amendments to the Development Agreement and Professional Design Services Contract Regarding South Greensboro Street Property and Approval of Amendments to the Capital Projects Ordinance and Reimbursement Resolution.
PURPOSE: The purpose of this item is to provide the Town Council with an opportunity to authorize the Town Manager to execute the noted amendments to an existing agreement and contract related to design, permitting, and construction of a building and associated parking at 203 S. Greensboro Street that would provide for the Orange County Southern Branch Library, Town of Carrboro Recreation and Parks Program, Orange County Skills Development Center, WCOM Radio, and other uses. Approval of the Capital Project Ordinance and increases funding for the redesign effort.
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DEPARTMENT: Town Manager, Planning, Finance
CONTACT INFORMATION: Trish McGuire, pmcguire@townofcarrboro.org <mailto:pmcguire@townofcarrboro.org>, 919-918-7327; David Andrews, dandrews@townofcarrboro.org <mailto:dandrews@townofcarrboro.org> , 919-918-7315; Arche McAdoo, amcadoo@townofcarrboro.org <mailto:amcadoo@townofcarrboro.org>, 919-918-7439
INFORMATION: The Town Manager was authorized to enter into a Development Agreement for this project in 2017. The agreement was executed on December 4, 2017. With the withdrawal of the Artscenter at the conclusion of the Schematic Design Process, an additional County use has been identified - the Orange County Skills Development Center. Amendments to the development agreement and the professional design services contract are needed for the project to get formal approval for redesign to begin later this month. A resolution that authorizes the Town Manager to execute these amendments on the Council’s behalf is provided (Attachment A). A draft of the amendment to the development agreement between the Town and Orange County is attached (Attachment B).
Additional design costs associated with going through the schematic design process with the revised program necessitate an amendment to the Capital Project Ordinance (Attachment C). To reimburse the Town’s General Fund for expenses incurred before the sale of bonds, a revised reimbursement resolution has been prepared (Attachment D).
Information about this project is available on the Town’s website at <http://www.townofcarrboro.org/1151/The-203-Project>
FISCAL & STAFF IMPACT: An additional design service fee of $493,445 has been identified, with the revised fee not to exceed $1,689,295 (7.58 percent of the estimated project cost).
RECOMMENDATION:r It is recommended that the Town Council approve the resolution authorizing execution of the amendments to the development agreement and professional services contract (Attachment A), the amendment to the Capital Project Ordinance (Attachment C), and the revised Reimbursement Resolution (Attachment D).