At today's Committee of the Whole meeting Council reviewed Opsis Architecture’s "contract supplement for construction administration services." It totals $1,412,392. Opsis is the primary architecture firm for the new Senior & Community Centers.
Council also took note of the $5,211,638 "maximum amount" payable to Opsis Architecture upon completion..
2023-2024 Funding sources for the new Senior & Community Centers are, as follows:
$17.116 million: Capital Improvement Program
$1.25 million State Capital Adopted Budget
$1.648 million Surplus Park Impact Fees from 2019-2020
$2.486 million General Fund available cash from the 2019-2020 biennium and the 2021 fiscal year,
$9.5 million Surplus REET and park impact fees from the 2021 fiscal year.
$16 million Councilmanic bonds: (Councilmanic bonds do not require a vote of the people. Council members praised Finance Director Chip Corder for managing the issue and locking in a very low rate.
Total: $48,000,000
-- Bob Yoder, 6/28/2022