HomeMy WebLinkAbout2005-07-26; Public Financing Authority; Resolution 101
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RESOLUTION NO. 10
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
CARLSBAD PUBLIC FINANCING AUTHORITY ACCEPTING
BIDS AND AWARDING CONTRACTS, RECEIVING AND ACTING
UPON BID PROTESTS, AND APPROPRIATING PROJECT FUNDS
FOR THE CARLSBAD MUNICIPAL GOLF COURSE PROJECT
’ WHEREAS, in December, 2003, the Board of Directors of the Carlsbad Public Financing
Authority (“CPFA”) authorized proceeding with the development of the Carlsbad Municipal Golf Course
Project (“Project”); and
WHEREAS, CPFA has secured all final project permits and entitlements necessary for the
Project; and
WHEREAS, on May 3,2005, CPFA did approve the final construction documents for the Project
and authorized the advertisement of construction bids; and
WHEREAS, on June 22,2005, CPFA did receive and open in public said bids for the Project; and
WHEREAS, CPFA has received two bid protests resulting from the receipt and opening of said
bids; and
WHEREAS, the Board hereby finds it necessary, desirable, and in the public interest to proceed
with review and action on the two bid protests received, award construction contracts, and appropriate
funds for the Project.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Carlsbad Public
Financing Authority as follows:
1. That the above recitations are true and correct.
2. That the Board shall review and act upon the aforementioned two bid protests and this
Resolution shall be subsequently modified, if needed, by Board Counsel and / or Board
Secretary to include and incorporate the results of the Board’s action on these two bid
protests.
3. That bids received for Contract Numbers 39721-1, 39721-2, and 39721-3 are hereby
approved and the Board hereby awards Contract Number 39721-1 to SEMA
Construction, Incorporated in the amount of $7,72 1,463.48, Contract Number 3972 1-2 to
Wadsworth Golf Construction Company in the amount of $16,727,761 .OO, and Contract
Number 39721-3 to The Jaynes Corporation in the amount of $10,661,052.00 and the
Board President is hereby authorized to execute said contracts. This Resolution shall be
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subsequently modified, if needed, by Board Counsel and / or Board Secretary to include
and incorporate any different action taken by the Board regarding contract award.
That the Board does hereby grant the CPFA Manager construction contract change order
authority up to an accumulated total of five percent (5%) of the accumulated total
awarding value of the three contracts, 39721-1, 39721-2, and 39721-3, identified in
paragraph 3 above without requiring further Board action.
That the Board does hereby appropriate and authorize the CPFA Finance Director to
transfer up to $30.3 million from the General Fund balance to the Golf Course Enterprise
Fund for the Project. The Board further authorizes the CPFA Finance Director to
schedule, prepare, and administer a bond sale in an amount of approximately $15 million
as additional financing for the project. The CPFA Finance Director shall return to the
Board with final bond sale schedule, details, and procedures as may require Board action
to include final amounts as may be necessary to affect remaining financing of the Project.
PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad Public
Financing Authority held on the 26th day of JULY , 2005 by the
following vote, to wit:
4.
5.
6.
AYES: Board Members Lewis, Hall, Kulchin
NOES: Board Members Packard, S
ABSENT: None
(See Minutes for
ATTEST
RESONO. 10 -2-