CITY OF HOMER

HOMER, ALASKA

                                                                                                               City Manager

RESOLUTION 08-20

 

A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA, ESTABLISHING A PROJECT BUDGET IN THE AMOUNT OF $11,799,000 FOR CONSTRUCTING AND EQUIPPING THE PROPOSED NEW CITY HALL AND TOWN SQUARE.

 

            WHEREAS, The City Council has authorized preliminary design work for the proposed City Hall / Town Square project up to completion of the 35% plans; and

 

            WHEREAS, To date, the Council, the City Hall / Town Square Review Committee, and the design team have been working with a rough and very preliminary cost estimate for construction of the building and square of $10,000,000; and

 

            WHEREAS, The Council anticipated receiving most precise cost estimates and a refined project budget when it received the 35% plans; and

 

            WHEREAS, The design team is scheduled to deliver completed 35% plans to the Council at its regular meeting on March 10, 2008; and

 

            WHEREAS, The City administration has requested that the design team provide the best cost estimate and project budget that it can prior to completion of the 35% plans so that the Council might be able to confidently discuss and approve a project budget; and

 

            WHEREAS, There is a need for the Council to adopt a formal project budget before March 10, 2008 so that budget information can be disseminated to the public prior to the March 25, 2008 Special Election and so that the Council can establish the amount of the proposed bond sale (Ordinance 08-02); and

 

            WHEREAS, A draft project budget and back-up memorandum from the Public Works Director for construction of the building and square (excluding infrastructure and acquisition of property) was presented to the Council at its regular meeting on February 11, 2008; a copy of which is attached and incorporated herein; and

 

            WHEREAS, The Council anticipates that infrastructure costs and acquisition of property for the town square will be included in a negotiated transaction with the adjacent property owner, Cook Inlet Regional Inc. and that any costs attributed to the City for infrastructure will be paid with dedicated HARP and HAWSP funds.

 

            NOW, THEREFORE, BE IT RESOLVED that the Homer City Council hereby establishes a project budget for constructing and equipping the proposed City Hall and Town Square of $11,799,000.

            BE IT FURTHER RESOLVED that it is understood by all that the cost associated with acquiring land for the Square and the City’s proportionate share of infrastructure costs will be established through a separate transaction agreement with Cook Inlet Region Inc.

 

            PASSED AND ADOPTED by the Homer City Council this 11th day of February, 2008.

 

                                                                        CITY OF HOMER

 

                                                                        ______________________________________

                                                                        DENNIS NOVAK, MAYOR PRO TEMPORE

 

ATTEST:

 

______________________________

JO JOHNSON, CMC, CITY CLERK

 

Fiscal Note: Construction and equipping City Hall and Town Square $11,799,000.