HomeMy WebLinkAbout1983-09-06; City Council; 7495; Plans & Specifications Library La Costa BranchO
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CITY*-"'F CARLSBAD -- AGENDA, ILL C_
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TITLE: APPROVE PLANS AND SPECIFICATIONS DEPT. HD.
MTG._ 21 83 FOR CARLSBAD CITY LIBRARY DEPT�a
LA COSTA BRANCH - CONTRACT NO. 3154 CITY ATTY ►_ . ENG
CITY MGR
RECOMMENDED ACTION:
Adopt Resolution No._Vifapproving plans and specifications,
authorizing the City Clerk to advertise for bids for the purchase
and installation of a library modular building, and authorizing
the Finance Director to request proposals for lease/purchase
financing for this project.
ITEM EXPLANATION:
This project consists of the purchase and installation of a 3000
square foot modular building on the leased site at the corner of
E1 Camino Real and La Costa Avenue.
FISCAL IMPACT:
The Engineer's Estimate for this project is $120,000. Funding
for this project will be provided from one of two sources:
1. The Finance Director will seek Droposals from various
financing institutions requesting bids on a five- to seven-
year lease/purchase contract. If any interest rate equal
to or less than 10% can be negotiated, the Council will be
asked to accept commercial financing for this project and
the Mayor may be authorized to enter into a financing
agreement.
2. If interest rates prove to be more than 10%, the City's
General Fund can loan funds to the Library to complete this
project at a rate of 10%.
In either case, this loan would be paid back in five to seven
years from California Library Services Act (CLSA) Revenue.
The 1983-84 Budget contains $25,600 in CLSA Funds for the first
year's repayment of any loans on this project.
EXHIBITS:
1. Location Map
2. Resolution No. /..3 approving plans and specifications,
authorizing the 1 y Clerk to advertise for bids, and
authorizing the Finance Director to request proposals for
financing the Library project costs.
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RESOLUTION NO. 7348
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY'OF CARLSBAD
2 CALIFORNIA, APPROVING PLANS AND SPECIFICATIONS
AUTHORIZING THE CITY CLERK TO INVITE BIDS FOR THE
3 PURCHASE AND INSTALLATION OF A LIBRARY MODULAR BUILDING
IN LA COSTA - CONTRACT NO. 3154
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5 WHEREAS, The City Council of the City of Carlsbad has determined
6 it is in the public interest to construct a library branch in La Costa;
7 and
8 WHEREAS, specifications for the furnishing of all labor,
9 material, tools, equipment, transportation, and other expenses necessary
10 or incidental for said project, Contract No. 3154, have been prepared and
3.3. are on file in the Engineering Department of the City of Carlsbad and are
12 incorporated by reference herein:;
13 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
14 Carlsbad as follows:
15 1. The above recitations are true and correct.
16 2. The plans and specifications as presented are hereby
17 approved.
18 3, The City Clerk of the City of Carlsbad is hereby authorized
19 and directed to proceed to publish, in accordance with law, notice to
20 contractors inviting bids for the purchase and installation of a library
21 modular in accordance with the plans and specifications hereinabove
22 referred to.
23 4. That the Finance Director is hereby authorized to request
24 proposals from various financing institutions for the purpose of financing
,25 the acquisition and installation of the structures described above.
26 5. That, shall commercial lending institutions fail to provide
27 interest rates less than or equal to ten percent (10%) per year, the City
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shall finance this project through a loan of funds to the California
Library Services Act (CLSA) Fund to be repaid over a five (5) year period
at an interst rate of ten percent (10%) per year. The amount of this loan
shall be the amount of the bid award on this project.
PASSED, APPROVED AND ADOPTED by the City Council of the City of
Carlsbad, California, at a regular meeting held the 6t1i day of
septelnber _, 1983, by the following vote, to wit:
AYES: Council rembers Casler, Lewis,Kulchin, Chick and Prescott
NOES: None
ABSENT: None
MARY H. CYSLER, Mayor
ATTEST:
E L. RA ENK ANZ, City -Clerk
(SEAL)
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