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HomeMy WebLinkAbout06/30/94 Board of Public Works Specail Meeting Minutes69 SPECIAL MEETING JUNE 30, 1994 A Special meeting of the Board of Public Works was convened at 4:05 p.m. on Thursday, June 30, 1994, by Board President John E. Leszczynski, with Mr. Leszczynski, Mr.. James R. Caldwell and Mrs. Jenny Pitts Manier present. Also present was Board Attorney Anne Bruneel. AGENDA ITEM ADDED Upon a motion made by Mrs. Manier, seconded by Mr. Leszczynski and carried, an Assignment and Security Agreement was added to the agenda. APPROVE CONSTRUCTION_ CONTRACTS, ADDENDUM I TO CONTRACT AND ESCROW AGREEMENTS - HALL OF FAME PROJECT Mr. Leszczynski advised that the Board is in receipt of the Standard Form of Agreement Between Owner and Contractor from the following contractors in connection with the National College Football Hall of Fame and Connecting Tunnel Project: Shambaugh & Son, Inc. Bid Package 15.50 P.O. Box 1287 Fire Protection 7614 Opportunity Drive Fort Wayne, Indiana 46801 Contract amount: $73,500.00 Dye Plumbing & Heating Bid Package 15.80 P.O. Box 1728 Mechanical Systems 3535 Monroe Street LaPorte, Indiana 46350 Contract amount: $669,000.00 Colip Electric Corporation Bid Package 16.00 P.O. Box 840 Electrical South Bend, Indiana 46624-0840 Contract amount: $449,750.00 O. J. Shoemaker, Inc. Bid Package 15.20 P.O. Box 418 Plumbing 1008 Lincolnway East South Bend, Indiana 46624-0418 Contract amount: $335,400.00 Ritschard Brothers Bid Package 2.20 1204 West Sample Street Earthwork - Building South Bend, Indiana 46619 and Site Preparation Contract amount: $321,212.00 Additionally submitted for consideration was Addendum I to the Agreement with Dye Plumbing & Heating. The Addendum indicated that the Contractor is authorized to provide mobilization and pre - construction services to the extent of $14,000.00. The remainder of the work, as described in the Contract documents, is hereby deleted. Additionally, it is the intention of the parties to enter into an additional Addendum to this Agreement authorizing the Contractor to perform the remainder of the work. Execution of such an Addendum is contingent upon the sale of bonds. In the SPECIAL MEETING JUNE 30, 1994 event that such an Addendum is executed, the Contractor agrees to perform the remainder of the work for six hundred and fifty-five thousand dollars ($655,000.00). Mr. Leszczynski also noted that Escrow Agreements with Dye Plumbing & Heating, Colip Electric Corporation, O.J. Shoemaker, Inc., and Ritschard Brothers,,were presented for approval. Therefore, Mrs. Manier made a motion that the Construction Contracts be approved subject to the receipt of additional supporting documentation, that the Escrow Agreements be approved and that Addendum I to the Mechanical Systems Agreement with Dye Plumbing & Heating be approved. Mr. Caldwell seconded the motion which carried. APPROVE ASSIGNMENT AND SECURITY AGREEMENT Mr. Leszczynski noted that the Board is in receipt of an Assignment and Security Agreement made by the South Bend Redevelopment Authority, the South Bend Redevelopment Commission and the City of South Bend Board of Public Works in favor of The Fuji Bank, Limited, New York Branch. It was further noted that this Agreement is part of the bond financing and secures the Fuji Bank Letter of Credit. Mrs. Manier made a motion that this Agreement be approved and executed. Mr. Caldwell seconded the motion which carried. PRIVILEGE OF THE FLOOR: COMMENTS FROM CITY CONTROLLER KEVIN HORTON CONCERNING THE SALE OF BONDS Mr. Kevin Horton, City Controller, informed members of the Board that bonds were sold today with an interest rate of 2.8%. ADJOURNMENT There being no further business to come before the Board, upon a motion made by Mrs. Manier, seconded by Mr. Caldwell and carried, the meeting was adjourned at 4:08 p.m. BOARD OF PUBLIC WORKS John E. Leszczynski, President James R. Caldwell, Member Jenny Pitts Manier, Member ATTEST: Sandra M. Parmerlee, Clerk