Item:
Title
Capital Project Amendment No. 20CPA000017 - Appropriating $1,983,360 to the Downtown Parking Deck(s) Capital Project No. 4730DC138 with a Funding Source of a Future Financing and Authorize the Execution of a Contract for the Architectural Design Services with Little Diversified Architectural Consulting Ltd. for the Structured Parking at 300 E. Main St. in the amount of $1,983,360.00
Body
Date of BOCC Meeting: December 9, 2019
Request for Board Action:
Agenda Text
The Board is requested to approve the Capital Project Amendment No. 20CPA000017 appropriating $1,983,360.00 to the Downtown Parking Deck(s) Capital Project and to authorize the County Manager to execute a contract with Little Diversified Architectural Consulting, Ltd. (Little) of Durham to provide architectural services for the 300 E. Main St. Structured Parking Deck, Durham North Carolina, in the amount of $1,883,360.00 plus reimbursable expenses in the amount of $100,000.00 thus totaling a not to exceed amount of $1,983,360.00 (See Attachment 1, Pages 1-5).
General Fund dollars will fund purchases made before funds from the issuance of a future financing is available through an interfund loan not to exceed $3,699,920.00 and will be reimbursed/repaid as the financing funds become available.
The structured parking projects are driven by the County's need to provide additional parking for employees as well as patrons using County facilities and to provide parking support for the potential mixed used development project(s). The overall mixed-use project is expected to involve retail, residential, office/commercial, parking, and civic uses. Laurel Street/Zom Living was selected for the redevelopment projects using a separate solicitation administered by the UNC School of Government's Development Finance Initiative. This approval is for the balance of the design of the 300 E. Main St. Structured Parking Deck. The BOCC authorized a Programming and Space Needs Assessment for th...
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