Title
Consider/Discuss/Act on McKinney Community Development Corporation Amended Project #14-09/PK7102 for Funding, Design, Construction and Equipment for a Community Aquatics and Fitness Center in an Amount Not to Exceed $34,500,000
Summary
MEETING DATE: February 3, 2015
DEPARTMENT: McKinney Community Development Corporation
Development Services Department
Parks, Recreation and Open Space Department
CONTACT: Cindy Schneible, Executive Director, MCDC
Patricia Jackson, PE, Facilities Construction Manager
Rhoda Savage, Director of Parks Recreation and Open Space
RECOMMENDED CITY COUNCIL ACTION:
· Approval of the McKinney Aquatics and Fitness Center Project, as amended, with Funding by MCDC and Parkland Dedication Funds
ITEM SUMMARY:
· This item is to request Council approval for funding, by the McKinney Community Development Corporation, and Parkland Dedication Funds for the design, construction and equipment for the McKinney Aquatics and Fitness Center located at Gabe Nesbitt Community Park in an amount not to exceed $34,500,000.
BACKGROUND INFORMATION:
· Brinkley Sargent Architects was awarded a contract for architectural and engineering services for the McKinney Aquatics and Fitness Center in February, 2014.
· The Aquatics and Fitness Center steering committee consisting of two City Council members, two MCDC Board members and various staff from MCDC, the Parks, Recreation and Open Space department and the Development Services department was created in March, 2014. The project team includes the steering committee as well as members of the various design firms and the construction manager firm.
· Manhattan Construction Company was awarded a contract for preconstruction, construction management services in May 2014.
· Schematic Design was finalized in June, followed by the completion of Design Development in October. Construction Documents are in process. It will be on this set of Construction Documents that a Guaranteed Maximum Price (GMP) will be established.
· A detailed opinion of probable cost was developed based upon the Design Development documents and presented to a joint meeting of City Council and the MCDC board on December 15, 2014.
· The initial Design Development estimate was $36.9 million; value management items and detailed reviews reduced the initial estimate to $34.5 million.
· Additional items remain under review for consideration of cost savings.
· Change in project conditions from budget assumptions that have affected the current estimated total project cost include:
o Topography of the actual site selected has significant elevation changes compared to the flat site that was originally conceived
o Current market conditions show significant construction cost escalations versus the market changes originally anticipated
o Previous studies and assessments dating back to 2008 are included in the current project budget
Following discussion at the Joint Meeting of City Council and the MCDC Board on December 15, 2015, consensus was to amend the project cost for an amount not to exceed $34.5 million to include original components and amenities important to the community; invest in mechanical, electrical, plumbing and aquatics systems that may result in higher costs initially, but lower operating costs over the life cycle of the facility and conserve important resources.
FINANCIAL SUMMARY:
· The McKinney Aquatics and Fitness Center Project (MCDC #14-09/PK7102) is a FY13-14 Capital Improvements Program to be funded by MCDC funds that include cash and proceeds from the sale of taxable bonds along with Parkland Dedication Funds.
BOARD OR COMMISSION RECOMMENDATION:
· McKinney Community Development Corporation conducted a public hearing on amending Project #14-09/PK7102 to increase the budget to an amount not to exceed $34.5 million on January 22, 2015. The vote to amend and approve the project was unanimous. Council approval of the project, as amended, is requested.