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<br /> Pi-OJCT TITLE: Consent . COUNCIL BILL# CfOTt5
<br /> Ordinance amending Ordinance • Action Originating Department Facilities
<br /> No. 3046-0 entitled"Key First Reading Contact Person Cat1ton Lipson
<br /> Bank/Bank of gverett Shell T Second Reading Phone'Number 2-8081
<br /> Improvement Project",Fund 342, Third Reading FOR AGFA OF
<br /> Program 012, authorizing the Public Hearing
<br /> design and construction of Initialed by: •
<br /> building shell improvements in Department Head ��.'
<br /> the amount of$1,900,000 CAA
<br /> Council President
<br /> Location Preceding Aetion Attachments Denartn ent(s)Apnroval
<br /> California&Wetmore Ordinance No. 3046-07 Amending Ordinance
<br /> Amount Budgeted $146,500
<br /> Expenditure Required $1,900,000 Account Number(s)
<br /> Budget Remaining . Fund 342,Program 012 (C1P-4) •
<br /> Additional Required $1,753,500
<br /> DETAIEED SUMMARY STATEMENT:
<br /> The proposed Ordinance will amend Ordinance No. 3046-07and establish the following funding to complete
<br /> the design and construction of building shell improvements to the former Key Bank/Bank of Everett located
<br /> on the corner of California and Wetmore.Avenue.
<br /> Design: $ 180,000
<br /> Construction:` $1,500,000 (Per Village Theatre Lease Agreement)
<br /> 10%Construction Contingency: $ 150,000
<br /> Project Costs: $ 70,000 •
<br /> TOTAL $1,900,000
<br /> •
<br /> RECOMMENDATION:
<br /> Adopt the Ordinance amending Ordinance No. 3046-07 entitled"Key Bank/Bank of Everett Shell
<br /> Improvement Project",Fund 342,Program 012, authorizing the design and construction'of building shell
<br /> ( improvements in the amount of$1,900,000.
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