Title
Ordinance in the Amount of $590,000 Amending the Coliseum Capital Project Fund Budget
Body
Department: Coliseum
Council District: 1
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Mike Perdue 373-7457
Contact 2 and Phone: Butch Shumate 412-5794
PURPOSE:
This is a request to increase the budget due to the contract proposal with Shelco ($576,800) plus additional contingencies ($13,200), for a total amount of $590,000. To accept the Shelco contract proposal, a budget ordinance is requested for approval from Greensboro City Council in accordance with current city fiscal procedures.
BACKGROUND:
In less than three years, the GAC has achieved extraordinary success and has established itself as one of, if not, the premier Aquatic Center in the country. The GAC's continuing success to attract and be selected to host prestigious major National Swimming & Diving Meets requires us to implement plans to widen the West Deck in order to accommodate Meets with large numbers of participants and install a permanent Paddock Evacuator Air Quality System located between the Dive Well and the Competition Pool to insure air quality during these large swim meets. These improvements are being funded by $465,000.00 in future GAC rental revenues from 13 contracted large swim meets combined with a $125,000.00 Facility Improvement grant from Ticket Masters to fund these necessary improvements. This project needs to be completed by March 1, 2015 before the next scheduled YMCA Nationals.
The project will include expanding the width of the West Deck at the Dive Well by relocating and re-using the existing Glass Storefront exterior and the adjoining exterior sections of CMU block wall at the Southern end of the Competition Pool to increase the Deck space from 13' to 21'. Also included in the cost of this project is the permanent installation of the Paddock Evacuator Air Quality System located between the Dive Well and the Competition Pool to remove potentially hazardous chloramines to insure and maintain the highest level of GAC air quality.
BUDGET IMPACT:
The expansion of the GAC pool deck is being funded by $465,000.00 of future GAC rental revenues from 13 contracted swim meets and a Ticket Master grant in the amount of $125,000. This project will not have an impact to the GAC budget
RECOMMENDATION / ACTION REQUESTED:
It is recommended that City Council adopt the attached budget ordinance establishing funding in the amount of $590,000.