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HomeMy WebLinkAbout2006-11-21; Public Financing Authority; 18; Golf course appropriationsCARLSBAD PUBLIC FINANCING AUTHORITY-AGENDA BILL RECOMMENDED ACTION: • It is recommended the Board of Directors of the Carlsbad Public Financing Authority ADOPT RESOLUTION NO. 24 authorizing appropriation of additional funds for the Carlsbad Municipal Golf Course Project Nos. 39721 -1; ,39721-2, and 39721-3. • Direct staff on the selection of owner options. ITEM EXPLANATION: On July 26, 2005, the Board of Directors for the Carlsbad Public Financing Authority (CPFA) awarded three contracts for mass grading, golf course construction, and club house construction, totaling $35,110,276, plus a 5% construction contingency of $1,755,513 for all three contracts. On February 7, 2006, the CPFA approved an additionalcontingency appropriation of $2,936,700, for a total construction contingency of $4,692,213. Adding in other project appropriations of $8,495,844 for §row-in, pre-opening, start-up and other miscellaneous construction items brings the total budget to ate is $48,298,333. There is a need to provide additional appropriations to complete the project. The additional costs are a result of unforeseen site conditions, owner initiated requests, errors & omissions in the plans and specifications, and unbudgeted items. Man/ of the additional costs have already been addressed by processing contract change orders on the three construction contracts, nearly depleting the $4.7 million contingency previously appropriated. Outstanding unbudgeted items required to complete the project prior to opening, to comply with permit conditions, and to allow operating the project as originally proposed, are listed below. The unbudgeted construction items which will be required prior to opening include: 1 AB# MTG. DEPT. 18 11/21/06 ENG AUTHORIZE ADDITIONAL APPROPRIATION OF FUNDS FOR THE CARLSBAD MUNICIPAL GOLF COURSE PROJECT NOS. 39721-1, 39721-2, AND 39721-3 DEPT. HEAD CITYATTY. C50? CITYMGR. ^§f> • Additional mitigation measures: wetlands, mitigation plant material, split-rail fence to protect habitat areas, and additional lead removal • Additional erosion control budget is needed to allow for implementation of the stormwater program protection plan (SWPPP) for the 2006-07 rainy season • Joint trench utilities (gas, electric, telephone, etc.) unbudgeted for Hidden Valley Road • Industrial pad retaining wall irrigation and planting • Clubhouse east turf • Overflow parking area - parking lot surface (decomposed granite), fencing, and guard rail. Total Unbudgeted Construction Items Required Prior to Opening $1,150,000 $400,000 $50,000 $100,000 $60,000 $75,000 $1,835,000 In addition to the items listed above, there is a need for additional contingency funds to complete the construction phase, as the original construction contingency of 5% was inadequate for all three contracts. The mass grading contract (Contract 1) with SEMA is substantially complete with the exception of a few remaining contract items. Change orders for this contract currently stand at 37% of the original contract value. A significant portion of these costs are attributed to deficient plans and specifications that did not accurately reflect the proposed project. The golf course construction contract (Contract 2) with Wadswortn is about 75% complete. Based on experience to date, it is estimated that a 16% contingency will be required to complete the contract. The building construction contract (Contract 3) with Jaynes is about 80% complete. It is expected to require a 6% contingency to complete this contract based on experience so far. Change orders in this range for Contract 2 & 3 are not unusual for these types of construction projects and reflect a more realistic construction contingency. Thus, total additional change order and contingency funds of $1,463,000 are requested. FOR CITY CLERKS USE ONLY. BOARD ACTION: APPROVED DENIED CONTINUED WITHDRAWN AMENDED £ D D D CONTINUED TO DATE SPECIFIC CONTINUED TO DATE UNKNOWN RETURNED TO STAFF OTHER - SEE MINUTES D D D D Page 2 Other items being requested at this time include: • $650,000 for water meters water capacity charges, and water usage charges not included in the original budget; • $50,000 additional contingency for the furniture, fixtures, and equipment budget; • $200,000 additional pre-opening budget for grassing, seeding and sodding that may be necessary to fully establish the golf course play area for the July 2007 opening; and • $1,500,000 for the mitigation maintenance and monitoring required by a third party for the project over a five-year period, which was not included in prior estimates. Costs are estimated to be an average $300,000 per year over the five-year period. In addition to the items required to complete the project, other items have been identified which are not absolutely necessary, but would provide significant benefit to the overall project (owner options). Owner options have been included for consideration to enhance the operation and/or appearance of the project. These options would not affect the opening of the project to the public and could be considered at another time; however, they are being suggested at this time due to savings that can be achieved by completing them along with the other construction work. In addition, the owner option for clubhouse modifications is projected to increase revenues, which will offset the additional costs incurred within three to five years. Owner Options: OPTION 1 Clubhouse modifications - To improve operations and increase potential revenues KemperSports is suggesting several modifications to the clubhouse facility: expansion of the enclosed dining area to increase income potential for large catered events (convert 80 outside seats to inside dining, total dining area is 252 counting all available areas, inside and outside), modifying a ground level storage area into a special event sales office, improvements to an office space, and enclosure of the rotunda area. It is estimated that the increased revenue will offset the additional cost within 3 to 5 years. OPTION 2 Select security perimeter - split-rail fence only in areas to restrict site access in areas that are at grade to the golf course. OPTION 3 Grading, ornamental landscaping, and irrigation in parkway areas fronting the project (Palomar Airport Road, College Boulevard, Hidden Valley Road, and Faraday Avenue). The project as proposed did not include any landscaping between the curb/sidewalk and project boundary resulting in a 5 to 1 0 foot area that is not landscaped around the entire project perimeter. OPTION 4 Overflow parking area retaining wall. The construction of the retaining wall was originally included in Contract 1 and has been deleted from that contract. The Board allocated additional funding for this wall; however, the contractor requested a significant price increase in their final quote, beyond the budgeted amount. OPTION 5 Pavement Restoration - Hidden Valley Road TOTAL OWNER OPTIONS $400,000 $180,000 $500,000 $725,000 $100,000 $1,905,000 In summary, it is estimated that an additional $5.7 million will be required to complete the project as approved. If the Board would like to include all of the owner options, an additional $1.9 million would be required bringing the total additional appropriation to $7.6 million. Page 3 ENVIRONMENTAL REVIEW: On June 7, 2000, the Planning Commission adopted Resolution No. 4772 certifying the Environmental Impact Report for the Carlsbad Municipal Golf Course Project finding the project in compliance with the environmental regulations and policies of the City of Carlsbad and the proposed funding is for projects within the scope of the Report, or which will have no additional significant effect on the environment as discussed in the EIR. FISCAL IMPACT: The table below incorporates the previously approved budget and proposed budget adjustments: Original budget and budget changes: Construction: Grading Course Construction Buildings Construction contingency Subtotal Construction Construction Management and Misc.: Dudek Environmental monitoring Design Water meters Artwork SDG&E undergrounding Other* Subtotal Const. Management and Misc. Furniture Fixtures and Equipment Pre-Opening/Start-up Costs Mitigation maintenance and monitoring (5 years) Total Estimated Cost Approved Revised Budget $10,549,381 17,972,925 10,889,849 431,178 39,843,333 2,570,000 500,000 370,000 25,000 128,000 1,150,000 472,000 5,215,000 940,000 2,300,000 0 $48,298,333 Proposed Budget Adjustments $0 $0 $0 1,462,822 1,462,822 650,000 650,000 50,000 200,000 1,500,000 $3,862,822 Proposed Revised Budget $10,549,381 18,742,925 11,084,849 929,000 41,306,155 2,570,000 500,000 370,000 675,000 128,000 1,150,000 472,000 5,865,000 990,000 2,500,000 1,500,000 $52,161,155 Other unbudgeted items: Unbudgeted construction items required prior to opening Total Additional Construction Costs without options Owner options GRAND TOTAL ALL ADDITIONAL ITEMS INCLUDING OPTIONS 1,835.000 $5,697,822 1,905,000 1,835,000 $53,996,155 1,905,000 $7,602,822 $55,901,155 Page 4 Funding for the project comes from a combination of approximately $15 million in tax exempt bonds and the remainder from advances from the General Fund. Any additional appropriations approved by the Board wilj be advances from the General Fund. The advances will be repaid when there are available monies in the Golf Course fund which may not occur until the bonds are paid off. EXHIBITS: 1. Resolution No. 24 authorizing appropriation of additional funds for the Carlsbad Municipal Golf Course, Project Nos. 39721-1, 39721-2, and 39721-3. DEPARTMENT CONTACT: Skip Hammann, (760) 602-2407 shamm@ci.carlsbad.ca.us 1 RESOLUTION NO. 24 2 A RESOLUTION OF THE BOARD OF DIRECTORS OF 3 " 4 14 15 27 28 39721-1. 39721-2. AND 39721-3. 5" c- Authority ("CPFA") did approve proceeding with the development of the Carlsbad Municipal Golf 7 8 WHEREAS, CPFA has secured all final project permits and entitlements necessary for the Project; and WHEREAS, final construction documents for the Project have been approved by the Board; and 11 WHEREAS, the CPFA appropriated funds in the amount of $48,298,333 for the golf 12 course construction project; and 13" CARLSBAD PUBLIC FINANCING AUTHORITY AUTHORIZING THE APPROPRIATION OF ADDITIONAL FUNDS FOR THE CARLSBAD MUNICIPAL GOLF COURSE, PROJECT NOS. WHEREAS, in December, 2003, the Board of Directors of the Carlsbad Public Financing / ("CPFA") did approve Course Project ("Project"); and WHEREAS, all CEQA requirements have been met and the proposed funding is for projects within the scope of the Report, or which have no additional significant effects; and WHEREAS, an additional appropriation of $5,697,822 is needed to fund completion of the golf course; and16 WHEREAS, funding for this appropriation is provided by the Carlsbad Municipal Golf 17 Course Project fund. 18 NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Carlsbad Public 19 " 20 21 22 23 n change order authority and payment of direct costs by an additional amount of $5,697,822 for a total revised construction budget of $53,996,155 without requiring additional Board action. 25 4. The Board has considered funding for owner options 1 through 5 and hereby Financing Authority of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 2. That an appropriation of $5,697,822 from the Golf Course fund is hereby authorized. 3. That the Board does hereby grant the CPFA Executive Director construction approves options 1.3 & 5 and an additional appropriation of $ 1. OOP, OOP to fund the owner options and hereby grants the CPFA Executive Director construction change order authority for the additional appropriation. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED AND ADOPTED at a Special Meeting of the Carlsbad Public Financing Authority held on the 21st day of November, 2006, by the following vote: AYES: Board Members Lewis, Hall, Kulchin NOES: Board Members Packard, Sigafoose ABSENT: None CtAUDE A LEWIS, Cfiairmah of the Board ATTEST: LORRAINE M. WOOD, Secretary (SEAL) - CD •" Carlsbad Municipal Golf Course EXPENDITURES / CONTRACTS * Grading - SEMA Construction Contract C01 CO 2 CO 3 CO 4 COS CO 6 CO 7 Total * Construction - Wadsworth Contract CO 1 CO 2 CO 3 C04e C05e C06e Contingency * Buildings - Jaynes Corporations Contract C01 CO 2 CO 3 CO 4 Contingency Contingency Budget addition Callaway reimbursement Change orders Subtotal Construction * Construction management & misc Dudek Environmental mgt Design Water meters Artwork SDGE underground Others * Furniture Fixtures & Equipment Sub-total Constr. Mgt and Other Total Construction Costs *Pre-Opening & Start-Up Budget Kemper Mitigation maint. and monitoring TOTAL Budget per AB#7 7/26/05 7,721,463 7,721,463 16,727,761 16,727,761 10,661,052 10,661,052 1,755,514 1,755,514 36,865,790 1,500,000 350,000 250,000 25,000 128,000 1,150,000 812,000 1,640,000 5,855,000 42,720,790 2,600,000 45,320,790 ~ -• .. . -i- RevisedBudget Adj. Budget 2,827,918 2,827,918 10,549,381 433,319 581,728 230,117 390,000 41,178 1,676,342 18,404,103 114,792 114,005 228,797 10,889,849 2,936,700 x 40,843 > (4,733,057) (1,755,514) 2,977,543 39,843,333 1,070,000 * 2,570,000 150,000 * 500,000 120,000 * 370,000 25,000 128,000 1,150,000 (340,000) * 472,000 (700,000) * 940,000 300,000 6,155,000 3,277,543 45,998,333 (300,000) * 2,300,000 2,977,543 48,298,333 Check 45,320,790 18,298,333 *AB 10-17-06 xAB 2-7-06 > Callaway Reimbursement Other Unbudgeted Items: Unbudgeted Items Required prior to Opening: Add'l Mitigation Measures (Wetlands, plants,fencing, lead removal) Additional Erosion Control SDGE/joint trench Hidden Valley Road West Pad Cribwall Irrigation and Planting Clubhouse east Turf Overflow parking lot- DG and Fencing Owner Options: Clubhouse modifications (enclose various areas) Perimeter fencing - split rail Parkway grading and Landscaping (all areas) Overflow Parking Retaining Wall (incl landscaping) Pavement Restoration - Hidden Valley Road _ . . Estimate to Total Contrart compete Estimate <53S£ 7,721,463 932,400 825,413 48,192 (7,254) 25,000 224,000 780,167 10,549,381 - 10,549,381 37% 16,727,761 433,319 581,728 230,117 390,000 41,178 58,822 280,000 672,000 18,404,103 1,010,822 19,414,925 16% 10,661,052 114,792 114,005 95,000 100,000 257,000 10,889,849 . 452,000 11,341,849 6% • . 39,843,333 1,462,822 41,306,155 12% 2,570,000 2,570,000 500,000 500,000 370,000 370,000 25,000 650,000 675,000 128,000 128,000 1,150,000 1,150,000 472,000 472,000 940,000 50,000 990,000 6,155,000 700,000 6,855,000 45,998,333 2,162,822 48,161,155 2,300,000 200,000 2,500,000 1,500,000 1,500,000 48,298,333 3,862,822 52,161,155 Required Optional 1,150,000 400,000 50,000 100,000 60,000 75,000 400,000 180,000 500,000 725,000 100,000 Subtotal unbudgeted 1,835,000 1,905,000 Total Estimated Cost Total Estimated Cost (with all options) Difference (over) under budget 53,996,155 55,901,155 (5,697,822) f7,602.8221 CITY OF CARLSBAD RK' All Receive -Agenda Item # For Information of THE CITY COUNCIL CM ^ CA CC Date iv>'V From CM ' Asst. CM <-/ Carlsbad Municipal Carlsbad Municipal Golf CourseGolf Course--U P D A T E U P D A T E -- IntroductionIntroduction‹Request additional appropriation‹Direct staff on owner option selections‹‹Request additional appropriationRequest additional appropriation‹‹Direct staff on owner option Direct staff on owner option selectionsselections Project OverviewProject Overview‹400 acre site of rolling hills and ocean views‹‹400 400 acre acre site of site of rolling rolling hills hills and and ocean ocean viewsviews Project Overview Project Overview ((concon’’tt))‹200 Acres of habitat preservation`60 acres of coastal sage created`6 acres of wetlands created‹‹200 Acres of habitat preservation200 Acres of habitat preservation``60 acres of coastal sage created60 acres of coastal sage created``6 acres of wetlands created6 acres of wetlands createdTrail from clubhouse Project Overview Project Overview ((concon’’tt))‹181.5 Acres of Golf Area`110 acres of irrigated turf`71.5 acres building, parking and lakes‹‹181.5 Acres of Golf Area181.5 Acres of Golf Area``110 acres of irrigated turf110 acres of irrigated turf``71.5 acres building, parking and 71.5 acres building, parking and lakeslakes ‹18 hole championship golf course and lighted driving range‹‹18 hole 18 hole championchampionship golf ship golf course course and and lighted lighted driving driving rangerangeProject OverviewProject Overview Project Overview Project Overview ((concon’’tt))‹23,000 sf full service clubhouse that will be available for a variety of community events, e.g.`Weddings`Meetings`Parties‹‹23,000 23,000 sfsffull service clubhouse full service clubhouse that will be available for a variety that will be available for a variety of community events, e.g.of community events, e.g.``WeddingsWeddings``MeetingsMeetings``PartiesParties Project Overview Project Overview ((concon’’tt))‹18,000 sf maintenance facility‹‹18,000 18,000 sfsfmaintenance facilitymaintenance facility Project Overview Project Overview ((concon’’tt))‹Irrigation lakes and water features‹‹Irrigation lakes and water featuresIrrigation lakes and water features Project Overview Project Overview ((concon’’tt))‹Two industrial lots totaling 18.5 acres‹$12.4 million appraised 2004‹‹Two industrial lots totaling 18.5 acresTwo industrial lots totaling 18.5 acres‹‹$12.4 million appraised 2004$12.4 million appraised 2004 Project Overview Project Overview ((concon’’tt)) Project Overview Project Overview ((concon’’tt))‹Three construction contracts were awarded by the CPFA in July 2005‹The mass grading contract began in September 2005 and was completed in February 2006‹Golf course construction began in November 2005.`Approximately 75% complete `All playable areas have been irrigated and planted‹‹Three construction contracts were Three construction contracts were awarded by the CPFA in July 2005awarded by the CPFA in July 2005‹‹The mass grading contract began The mass grading contract began in September 2005 and was in September 2005 and was completed in February 2006completed in February 2006‹‹Golf course construction began in Golf course construction began in November 2005.November 2005.``Approximately 75% complete Approximately 75% complete ``All playable areas have been irrigated All playable areas have been irrigated and plantedand planted Project Overview Project Overview ((concon’’tt)) Project Overview Project Overview ((concon’’tt))‹The golf course buildings are approximately 80% complete`Maintenance facility is complete`Current schedule anticipates the clubhouse to be completed in March 2007‹‹The golf course buildings are The golf course buildings are approximately 80% completeapproximately 80% complete``Maintenance facility is completeMaintenance facility is complete``Current schedule anticipates the Current schedule anticipates the clubhouse to be completed in March clubhouse to be completed in March 20072007 Project Overview Project Overview ((concon’’tt)) Opening DateOpening Date……Currently scheduled for July 2007Currently scheduled for July 2007 Opening DateOpening Date……Currently scheduled for July 2007Currently scheduled for July 2007 Additional funds required to Additional funds required to complete the projectcomplete the project‹Unforeseen site conditions‹Errors and omissions in the plans and specifications‹Unbudgeted items‹Owner Options‹‹Unforeseen site conditionsUnforeseen site conditions‹‹Errors and omissions in the plans Errors and omissions in the plans and specificationsand specifications‹‹Unbudgeted itemsUnbudgeted items‹‹Owner OptionsOwner Options Unbudgeted ItemsUnbudgeted ItemsAdditional mitigation measures: wetlands, miti-gation plant material, split rail fence to protect habitat areas, and additional lead removal$1,150,000Additional erosion control budget is needed to allow for implementation of the storm water program pro-tection plan (SWPPP) for the 2006-07 rainy season$400,000Joint trench utilities (gas, electric, telephone, etc.) unbudgeted for Hidden Valley Raod$50,000Industrial pad retaining wall irrigation and planting$100,000Clubhouse east turf$60,000Overflow parking area – parking lot surface (decomposed granite), fencing, and guard rail$75,000Total Required Prior to Opening(Unbudgeted Construction Items)$1,835,000 Unbudgeted ItemUnbudgeted ItemIndustrial Pad Retaining WallIndustrial Pad Retaining WallIrrigation & Planting Irrigation & Planting Unbudgeted ItemsUnbudgeted ItemsOverflow Parking Area, Parking Lot Overflow Parking Area, Parking Lot Surface, Fencing & Guard Rail Surface, Fencing & Guard Rail Unbudgeted ItemsUnbudgeted ItemsOverflow Parking Area, Parking Lot Overflow Parking Area, Parking Lot Surface, Fencing & Guard Rail Surface, Fencing & Guard Rail Additional funds required to Additional funds required to complete the projectcomplete the project‹The original construction contingency of 5% was unrealistic for the 3 construction contracts‹Change orders`Contract 1- estimated at 37%`Contract 2– estimated at 16% `Contract 3– estimated at 6%‹$1,462,022 additional contingency requested - 18% ‹‹The original construction The original construction contingency of 5% was unrealistic contingency of 5% was unrealistic for the 3 construction contractsfor the 3 construction contracts‹‹Change ordersChange orders``Contract 1Contract 1--estimated at 37%estimated at 37%``Contract 2Contract 2––estimated at 16% estimated at 16% ``Contract 3Contract 3––estimated at 6%estimated at 6%‹‹$1,462,022 additional contingency $1,462,022 additional contingency requested requested --18% 18% Other Items RequestedOther Items Requested‹$650,000 for water meters, water capacity charges, and water usage charges not included in the original budget‹$50,000 additional contingency for the furniture, fixtures, and equipment budget‹$200,000 additional pre-opening budget for grassing, seeding and sodding that may be necessary to fully establish the golf course play area for the July 2007 opening‹‹$650,000 for water meters, water $650,000 for water meters, water capacity charges, and water usage capacity charges, and water usage charges not included in the original charges not included in the original budgetbudget‹‹$50,000 additional contingency for the $50,000 additional contingency for the furniture, fixtures, and equipment furniture, fixtures, and equipment budgetbudget‹‹$200,000 additional pre$200,000 additional pre--opening budget opening budget for grassing, seeding and for grassing, seeding and soddingsoddingthat that may be necessary to fully establish the may be necessary to fully establish the golf course play area for the July 2007 golf course play area for the July 2007 openingopening Other Items Requested Other Items Requested ((concon’’tt))‹$1,500,000 for mitigation maintenance and monitoring is required for the project over a five year period. Costs are estimated to average $300,000 per year.‹‹$1,500,000 for mitigation $1,500,000 for mitigation maintenance and monitoring is maintenance and monitoring is required for the project over a five required for the project over a five year period. Costs are estimated year period. Costs are estimated to average $300,000 per year.to average $300,000 per year. Owner OptionsOwner Options1.Clubhouse modifications$400,0002.Security perimeter fencing180,0003.4.5.Parkway landscaping and irrigation500,000Overflow parking retaining wall725,000Pavement restoration100,000Total$1,905,000 Owner Option #1 Owner Option #1 --$$400,000400,000Clubhouse modifications:‹KemperSports is suggesting several modifications to the clubhouse facility to improve operations and increase potential revenues:`expansion of the enclosed dining area`modifying a ground level storage area into a special event sales office`enclosure of the rotunda area `improvements to an office space‹It is estimated that the increased revenue will offset the additional cost within 3 to 5 years.Clubhouse modificationsClubhouse modifications::‹‹KemperSportsKemperSportsis suggesting several is suggesting several modifications to the clubhouse facility to modifications to the clubhouse facility to improve operations and increase potential improve operations and increase potential revenues:revenues:``expansion of the enclosed dining areaexpansion of the enclosed dining area``modifying a ground level storage area into a modifying a ground level storage area into a special event sales officespecial event sales office``enclosure of the rotunda area enclosure of the rotunda area ``improvements to an office spaceimprovements to an office space‹‹It is estimated that the increased revenue It is estimated that the increased revenue will offset the additional cost within 3 to 5 will offset the additional cost within 3 to 5 years.years. Owner Option #1Owner Option #1Clubhouse ModificationClubhouse Modification Owner Option #1Owner Option #1Clubhouse ModificationClubhouse Modification Owner Option #1Owner Option #1Clubhouse ModificationsClubhouse Modifications Owner Option #1Owner Option #1Event Sales OfficeEvent Sales OfficeModifying a ground level storage area into a special event sales office Expansion of the enclosed dining area to increase income potential for large catered events (convert 80 outside seats to inside dining, total dining area is 252 counting all available areas, inside and outside).Owner Option #1Owner Option #1Expand Enclosed DiningExpand Enclosed Dining Enclosure of the rotunda areaOwner Option #1 Owner Option #1 --Enclose RotundaEnclose Rotunda Owner Option #1 Owner Option #1 --Outside DiningOutside Dining Owner Option #2 Owner Option #2 --$180,000$180,000‹Select security perimeter‹‹Select security perimeterSelect security perimeter`Fence only in areas to restrict site access in areas that are at grade to the golf course``Fence only in Fence only in areas to areas to restrict site restrict site access in areas access in areas that are at that are at grade to the grade to the golf coursegolf course Owner Option #2Owner Option #2Perimeter SecurityPerimeter Security Owner Option #2Owner Option #2PerimeterPerimeterSecuritySecurity Owner Option #3 Owner Option #3 --$$500,000500,000‹Grading, ornamental landscaping, and irrigation in parkway areas fronting the project`Palomar airport Road, College Boulevard, Hidden Valley road and Faraday Avenue`Project as proposed did not include any landscaping between the curb/sidewalk and project boundary resulting in a 5 to 10 foot area that is not landscaped around the entire project perimeter‹‹Grading, ornamental landscaping, Grading, ornamental landscaping, and irrigation in parkway areas and irrigation in parkway areas fronting the projectfronting the project``Palomar airport Road, College Palomar airport Road, College Boulevard, Hidden Valley road and Boulevard, Hidden Valley road and Faraday AvenueFaraday Avenue``Project as proposed did not include any Project as proposed did not include any landscaping between the curb/sidewalk landscaping between the curb/sidewalk and project boundary resulting in a 5 to and project boundary resulting in a 5 to 10 foot area that is not landscaped 10 foot area that is not landscaped around the entire project perimeteraround the entire project perimeter Owner Option #3Owner Option #3Existing Hidden Existing Hidden Valley Road with Valley Road with LandscapingLandscaping Owner Option #3Owner Option #3Existing Hidden Valley RoadExisting Hidden Valley Roadwithout Landscapingwithout Landscaping Owner Option #3Owner Option #3Existing Palomar Point WayExisting Palomar Point Waywith Landscapingwith Landscaping Owner Option #4 Owner Option #4 --$$725,000725,000‹Overflow parking area retaining wall.`Board allocated additional funding for this wall in February 2006 `Contractor requested a significant price increase in their final quote beyond budgeted amount`2.75 acre increase (by 1/3 acre)`Construction of the retaining wall has been deferred‹‹Overflow parking area retaining Overflow parking area retaining wall.wall.``Board allocated additional funding Board allocated additional funding for this wall in February 2006 for this wall in February 2006 ``Contractor requested a significant Contractor requested a significant price increase in their final quote price increase in their final quote beyond budgeted amountbeyond budgeted amount``2.75 acre increase (by 1/3 acre)2.75 acre increase (by 1/3 acre)``Construction of the retaining wall Construction of the retaining wall has been deferredhas been deferred Owner Option #4 Owner Option #4 ––Retaining WallRetaining Wall Owner Option #5 Owner Option #5 --$$100,000100,000‹Pavement Restoration‹‹Pavement RestorationPavement RestorationHidden Valley Road Unbudgeted Construction ItemsUnbudgeted Construction ItemsAdditional mitigation measures$1,150,000Additional erosion control$400,000Joint trench utilities for Hidden Valley Road$50,000Industrial pad retaining wall-irrigation and planting$100,000Clubhouse east turf$60,000Overflow parking area –surface and fencing$75,000Total Required Prior to Opening$1,835,000 Budget SummaryBudget SummaryItemRevisedBudgetProposedChangesProposedBudgetConstruction Contracts$39,843,333$1,462,822$41,306,155Construction Mgt /Other5,215,000650,0005,865,000F, F and E940,00050,000990,000Pre-opening/Startup2,300,000200,0002,500,000Mitigation maintenance01,500,0001,500,000Unbudgeted Construction01,835,0001,835,000Total without Options$48,298,333$5,697,822$53,996,155Owner Options01,905,0001,905,000Total with Options$48,298,333$7,602,822$55,901,155 SummarySummary‹Request additional appropriation of $5,697,022 for additional costs NOTincluding owner options‹Request direction on selection of owner options‹‹Request additional appropriation Request additional appropriation of $5,697,022 for additional costs of $5,697,022 for additional costs NOTNOTincluding owner optionsincluding owner options‹‹Request direction on selection of Request direction on selection of owner optionsowner options Owner OptionsOwner Options1.Clubhouse modifications$400,0002.Security perimeter fencing180,0003.4.5.Parkway landscaping and irrigation500,000Overflow parking retaining wall725,000Pavement restoration100,000Total$1,905,000