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 o...
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