TITLE
Title
LAW ENFORCEMENT ADMINISTRATION BUILDING PROJECT ORDINANCE AMENDMENT
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SPONSOR
Sponsor
Eric Hilton, Facilities & Property Management Director
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BACKGROUND
Background
On September 17th 2020 the Board authorized staff to move forward with construction of a 40,000 square foot 2-story building with a total project budget not to exceed $15,000,000. At the time, the project ordinance was not adjusted to reflect the $15 million approved project budget. The current balance in the project is $1,883,500.
This agenda item increases the Law Enforcement Administration Building Renovation capital project ordinance by $13,116,500 to reflect the currently approved $15,000,000 project budget. The additional funds will come from 2017 and 2019 two-thirds bonds proceeds in accordance with the County's capital investment plan.
This will allow the design work to continue and final cost estimates to be completed. Pending approval and issuance of two-thirds bonds in early 2022, the project ordinance will be adjusted by an estimated $8,900,000 to reflect the most up to date estimate of $23.9 million.
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BUDGET IMPACT
Budget Impact
Capital Project Ordinance Amendment
Law Enforcement Administration Building Renovation
County Building Construction Fund
$2,764,037 Increase in Bond Proceeds (2017 Issuance)
$10,352,463 Increase in Bond Proceeds (2019 Issuance)
$13,116,500 Increase in Appropriation to Law Enforcement Administration Building Renovation
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REQUESTED ACTION
Requested Action
Approve an amendment to Law Enforcement Administration Building Project Ordinance increasing project expenditures by $13,116,500 to a total of $15,000,000 to be funded with $2,764,037 in 2017 Bond Proceeds and $10,352,463 in 2019 Bond Proceeds.
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