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D. Construction Contingency & Fees (20% of A & B)
<br />S 76.000.00
<br />Total Option 3
<br />5486,000.00
<br />Optional Upgrades (Includes Construction Contingency & Fees)
<br />A. Re -roof Existing (20,000 sf)
<br />S100,000.00
<br />B. Re -paint Existing Exterior (allowance)
<br />50,000.00
<br />C. Re -paint Existing Interior (allowance)
<br />35,000.00
<br />D. Replace Existing Second Floor Carpet (1,300 sf)
<br />45,000.00
<br />E. Replace Existing Book Security System
<br />15,000.00
<br />F. Repulse Existing Chiller
<br />155,000.00
<br />G. Reinforce Multi-purpose Room Roof Stnrcture
<br />95,000.00
<br />H. Impact Resistant Window System Upgrade
<br />130,000.00
<br />(New Construction Only)
<br />Sub -total:
<br />I. Replace Existing Fire Alarm System
<br />S 75DW-00
<br />Total Optional Upgrades
<br />5700,000.00
<br />MAIN LIBRARY GRAND TOTAL
<br />1,037,562
<br />BOOK iiJ PAGE 40'
<br />53,137,000.00
<br />TOTAL COSTS OF BOTH PROJECTS INCLUDING ALL OPTIONS AND UPGRADES: SSA32-S01.00
<br />On April 10, the Public Library Advisory Board reviewed the two projects and recommended
<br />that both projects be funded and constructed with all options. There was no determination from
<br />where the needed additional financing would come. It should be noted that the recommendation
<br />was a majority vote with one dissenting vote.
<br />The problem of funding is the shortfall ($3,144,412) between the estimated total cost of the
<br />projects with all options ($5,032,501) and the amount approved for the two projects
<br />($1,888,089.) It becomes very apparent that unless additional funds could be located, it was
<br />unlikely that the projects could be developed to meet the needs of each library. Receipts of the
<br />sales tax are not sufficient to pick up the additionally needed funds and would require re -
<br />prioritization of other budgeted projects if that was deemed a source to use.
<br />SCENARIO 1
<br />Main Library
<br />Option 1 (NW Expansion)
<br />723,800
<br />with upgrades
<br />700,000
<br />less floor reinforcement
<br />(95,000)
<br />less hurricane windows
<br />(130.000)
<br />No. Co. Library
<br />Sub -total:
<br />1,198,800
<br />No. Co. Library
<br />Option 1 (meeting room add.)
<br />461,388
<br />with upgrades
<br />117.300
<br />Sub -total:
<br />578.688
<br />Funds Available
<br />Total:
<br />1,777,488
<br />Funds Available
<br />1,037,562
<br />North County
<br />1,037,562
<br />Main Library
<br />850,527
<br />1,888,089
<br />1,888,089
<br />West Ubrary
<br />Balance:
<br />110,601
<br />MAY 239 2000
<br />SCENARIO 2
<br />Main Library
<br />Option 2 (ExMing Terrace)
<br />888,000
<br />with upgrades
<br />700,000
<br />less hurricane windows
<br />(130,000)
<br />Sub -total:
<br />1,458,000
<br />No. Co. Library
<br />Option 1 (meeting room add.)
<br />461,388
<br />with upgrades
<br />117,300
<br />Sub -total:
<br />578,688
<br />Total:
<br />2,036,688
<br />Funds Available
<br />North County
<br />1,037,562
<br />Main Library
<br />850.527
<br />1,888,089
<br />Balance:
<br />(148,599)
<br />West Ubrary
<br />1264,868 Balance:
<br />1,116,269
<br />I
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