Item:
Title
Approval of Capital Project Amendment No.26CPA020 & Budget Ordinance Amendment No.26BCC062 Appropriating $584,085 of Debt Service Fund Fund Balance to the PAYGO Fund to support the 500 E. Main St. Downtown Parking Deck Capital Project (47302635DC151); as well as Authorize an Increase in the Owner’s Contingency in the Amount of $584,085 to Execute Any Necessary Change Orders for the Deck Development Agreement with ZOM Living for a Total Not-to-Exceed of $34,585,185.00
Body
Date of BOCC Meeting: March 9, 2026
Request for Board Action:
Agenda Text
The Board is requested to approve Capital Project Amendment No.26CPA020 and Budget Ordinance Amendment No.26BCC062 appropriating $584,085 of Debt Service Fund Fund Balance to the PAYGO Fund to support the 500 E. Main Street Downtown Parking Deck Capital Project (4730DC151); as well as authorize an increase in the owner’s contingency in the amount of $584,085 for the Deck Development Agreement with ZOM Living for a total not-to-exceed amount of $34,585,185 for the 500 E. Main St. Structured Parking Garage. (See Attachments 1-3).
|
Project Name and Number |
Current Budget |
Increase / Decrease |
Updated Budget |
|
500 E. Main St. Downtown Parking Deck |
$34,644,616.00 |
$584,085 |
$35,228,701.00 |
The Deck Development Agreement was previously approved by the BOCC on December 13, 2021. At the time of approval/execution, the deck development budget did not include an owner’s contingency for the $26,522,000 construction contract between LeChase Construction and ZOM Living. The original request for owner’s contingency in the amount of $1,326,100 was approved by the BOCC during the October 10, 2022, RS Meeting and an additional contingency request in the amount of $875,000 was approved on April 10, 2023. Contingency increase #3 was approved on August 12, 2024, in the amount of $1,300,000. In order to close out the project and address occupancy and efficiency issues to make the deck safe, secure, and consistent with other decks throughout downtown an increase of $584,085 is needed. As noted during occupancy, additional closeout activities/items including infrastructure for E/V charging, additional signage/branding, bollards, and Pay-on-Foot machines that will be installed pending this increase. Completion of this project is providing a parking solution for various County departments, the market-rate and affordable residential, commercial, and retail locations supporting the mixed development/affordable housing initiative along E. Main St. The deck includes 847 parking spaces, and its completion has allowed the commencement of the 500 E. Main St. affordable housing development that will include 195 units serving 30-80% of the Area Median Income which is slated for completion in late Summer of 2027.
Alignment with Strategic Plan: The Project is in accordance with Strategic Plan Goal 4 - Environmental Stewardship and Community Prosperity particularly Strategy 4.2.C - Regional Planning: Participate in smart growth practices and support regional planning partnerships to promote a high quality of life for all.
Resource Persons: Peri Manns, ASLA, LEED GA, Deputy Director of Engineering and Engineering Services; Jay Gibson, P.E., Director of Engineering and Environmental Services; Eric Schoenagel, AIA, Technical Principal, Little Diversified Architectural Consulting; Keith Lane, Budget Director; and Chris Didier, Development Manager, ZOM Living
County Manager’s Recommendation: The County Manager recommends that the Board approve Capital Project Amendment No.26CPA020 and Budget Ordinance Amendment No.26BCC062 appropriating $584,085 of Debt Service Fund Fund Balance to the PAYGO Fund to support the 500 E. Main Street Downtown Parking Deck Capital Project (4730DC151); as well as authorize an increase in the owner’s contingency in the amount of $584,085 for the Deck Development Agreement with ZOM Living for a total not-to-exceed amount of $34,585,185 for the 500 E. Main St. Structured Parking Garage. (See Attachments 1-3).
Signature
County Manager: ____________________________