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Item 4H AudioSOUTHLAKE 1 5 Item 4H Approve Guaranteed Maximum Price w/ Dean Construction in the amount of $6,631,811.66 for Construction of North Park Integrity Innovation Accountability Chris Tribble Commitment to Excellence Director of Community Services Teamwork 1 Background - Timeline • Site Plan approved May 2010 • FY11 SPDC CIP Project #4 • Several public meetings held since 2009 • Dean Electric selected as Construction Mgr At Risk (CMR) November 2010 • Bid Project & Approve GMP January 2011 • Construction begin March 2011 • Completion March 2012 9 SOUTHLAKE r - - - -- r T E 3 Financial Considerations • CMR is bound to an agreed GMP that is determined from actual advertised bids received January 19, 2011 NORTH PARK PROJECT BUDGET SUMMARY: SPDC CIP Fundin $6,666.000.00 CCPD CIP Fundin $517,930.87 Total Project Fundin Amount Under Budget $67,119.21 `Includes Engineering, Design & Construction Costs 91 SOUTHLAKE SPDC Project Cost' $6,598,880.79 CCPD Project Cost 5517.930.87 $7,183,930.87 SPDC Project Cost' $6,598,880.79 CCPD Project Cost 5517.930.87 Total Project Cost $7,116,811.66 D Additional Information • SPDC and Parks Board will consider at Joint SPDC /Parks Board meeting February 15, 2011 0 SOUTHLAKE 5 SOUTHLAKE 1 5 Questions? Integrity Chris Tribble Innovation (817) 748 -8021 Accountability Commitment to Excellence Teamwork 0