Title
Resolution Authorizing a Reimbursement Agreement Between the City of Greensboro and Union Square Campus Inc. for Construction of Public Improvements in South Elm Redevelopment Project
Body
Department: Planning
Council District: 2
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Sue Schwartz, 373-2149
Contact 2 and Phone: Dyan Arkin, 433-7377
PURPOSE:
City Council approval is requested for a design and construction Reimbursement Agreement with Union Square Campus Inc. (USCI) in an amount not to exceed Six Hundred Thirty Eight Thousand Three Hundred and Ninety-Eight Dollars ($638,398.00). This design and construction supports the future development of the South Elm Street Brownfields Project by improving public infrastructure within a designated redevelopment area.
BACKGROUND:
The South Elm Street Redevelopment Plan, which covers 6.7+ acres at the intersection of South Elm and Lee Streets, was approved by City Council in 2007 and included an $11 million dollar budget for land assembly, environmental assessment and remediation; infrastructure and streetscape improvements; and affordable housing subsidies. The land assembly and environmental work are complete, and development of a multi-parcel mixed-use project by master developer South Elm Development Group is in progress. This funding allocation is the first investment of public funds the plan anticipated for infrastructure and streetscape improvements.
The Union Square Campus is the first component to be built, triggering design and construction of the public infrastructure and streetscape planned for the redevelopment project. Improvements in the vicinity of the Campus are being installed now, ahead of other planned improvements, to ensure that the Campus is ready for occupancy by summer 2016. Reimbursing USCI for this work in conjunction with their site and building construction is economically and functionally efficient as it eliminates City mobilization costs, provides for economies of scale, and allows for seamless coordination across the public and private elements of the project.
The USCI design and construction team includes Rentenbach Constructors Inc. as Construction Manager-at-Risk and a design team that includes JC Waller & Associates, PC for Civil Engineering Services. These contractors were selected utilizing a competitive process prior to Council's action to allocate the land for the campus to USCI. USCI and Rentenbach are working closely with the City's M/WBE office to ensure compliance with the City's policies and procedures. The USCI team has set a 30% overall M/WBE participation goal for the construction of the first building that aligns with the State funding M/WBE requirement.
BUDGET IMPACT:
Total contract amount is $638,398: $430,340 for construction, $86,068 contingency, and $121,990 for design. Funding will be provided by the Water Resources, Planning, and Transportation Departments.
$516,408 Pipe System Improvements FY15 506-7014-01.6018
$ 46,867 Transportation Bond Funds 471-4502-25.5410
$ 27,590 Community Development Block Grant 212-2115-17.5410
$ 24,100 Parking Funds 543-4530-01.5413
$ 23,433 State Powell Bill Funds 402-4531-02.5410
A Budget Adjustment is necessary to use these funds.
RECOMMENDATION / ACTION REQUESTED:
The Planning Department recommends City Council approval of the reimbursement agreement with Union Square Campus Inc. in an amount not to exceed $638,398.00 and the associated Budget Adjustments.