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HomeMy WebLinkAbout1983-09-06; City Council; 7495; Plans & Specifications Library La Costa BranchO r 4 J U •1 0 O 0 CITY*-"'F CARLSBAD -- AGENDA, ILL C_ ABA �a 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. 'Y`:�'�'`�..�ri` i • '' jam, �I.l I � W ,V 4► {✓}:::•:{•: }J :•::•J � ti':rJ :Y:hL::•: w:f it �+ / }} co O •t i l t RESOLUTION NO. 7348 l ' 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 4 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 28 1 2 3 4 5 i 6 7 i 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 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) y t