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Meeting Date:
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6/3/2013 - 7:30 PM
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Category:
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Untitled
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Type:
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Action
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Subject:
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13.12 Award of Lease-Leaseback Agreement to Landmark Construction for Modernization of the Science Center, building 100, at Ygnacio Valley High School
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LCAP (Local Control Accountability Plan) Goal:
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Enclosure
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File Attachment:
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Summary:
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On May 6, 2013 the Board Approved the Preliminary Services Agreement (PSA) to Landmark Construction for the Management, Coordination, Constructability Review, Value Engineering and Recommendations related to Remodel of the Science Center at Ygnacio Valley High School in the amount of $8,500. Work under this agreement was to work in conjunction with staff and the Architect, Community Architecture, in the completion of the Construction Documents for submission to the Division of the State Architect for their approval. Approval from the Division of the State Architect was received on May 15, 2013.
As a result of the PSA process along with the approval of the plans and specifications, staff has completed negotiations as well as value-engineering with Landmark Construction and is recommending that the District enter into a lease leaseback agreement with them for a Guaranteed Maximum Project Cost of $2,175,372.00 for the completion of all specified work per approved plans and specifications.
The lease- leaseback project delivery method is authorized by California Education Code 17406, and authorizes the governing board, without advertising for bids, to enter into a lease with a builder for the purpose of construction, including remodeling and permanent improvements, upon property. Under a lease- leaseback, the District leases property under a "site lease" to a builder for $1. That builder constructs the facility/ completes the renovation and then leases the facility back to the District under a "facilities lease". The District makes "tenant improvement payments" during construction and "lease payment s" after construction. Titles to facility vests in the District as lease payments are made. The District has the option to make an early payment to the builder to buy out the facilities lease. In addition, the District determines all plans and specifications and uses its own.
The scope of work includes, but is not limited to: provide all tools, materials, labor and equipment necessary to complete modernization of building 100, Science Center, at Ygnacio Valley High School. Design phase included staff and students at the site resulting in a completely remodeled interior space to provide an enhanced learning experience. Work includes but not limited to, demolition of existing walls, flooring, ceiling, utilities and reuse of some of the existing casework as it relates to the Drawings and Specifications.
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Funding:
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Fiscal Impact
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$2,175,372.00
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Recommendation:
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Award of Lease-leaseback agreement with Landmark Construction as presented
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Approvals:
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Recommended By:
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Signed By:
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Mitchell Stark - Program Manager
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Signed By:
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Tim Cody - Program Manager
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Signed By:
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John Bernard - Interim Superintendent
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