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HomeMy WebLinkAbout3.b. Fire Station #2CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION City Council Meeting Date March 9, 2005 AGENDA ITEM: Fire Station #2 AGENDA SECTION: Update PREPARED BY: Jamie Verbrugge, City Administrator Dawn Weitzel, Assistant City AGE Administrator ATTACHMENTS: March, April, and May Calendars APPROVED BY: RECOMMENDED ACTION: Information only No action requested. ACTION: At the work session on February 9, City Administrator Verbrugge presented information for the construction of Fire Station #2 The project's timing, scope, architect, and issuance of the debt was discussed Council indicated at this meeting that while they were comfortable with the project's schedule, staff was to first pursue a reduced architectural fee. Since that work session, a reduced architectural fee has been agreed upon by both parties and the initial conceptual process is underway. BACKGROUND In 2003 the City acquired land for Fire Station #2 along the north side of Connemara Trail at Azalea Avenue In 2004, it was determined that this location would be used as a satellite station with the potential of accommodating future growth or change in operational use In addition to fire operations, the facility will be designed to serve as a polling place and an emergency operations center, as well as have the capacity to host public meetings and events CALENDAR OF EVENTS March will be a very busy month Mark Vetter (architect) will lay out a schematic design, Todd Christopherson (construction manager) will determine an estimated project cost and Staff and Spnngsted will be preparing for the issuance of bonds. As shown on the attached calendars for March, April and May March 11 Mark Vetter will provide Todd Christopherson with a schematic design of Fire Station #2 March 15 Council to set dates for Open Houses (6 30 8:00 p m. March 29 and 31), set a Public Hearing to declare the issuance of bonds (April 5), and set a Special Update Fire Station #2 March 9, 2005 Page 2 of 2 Meeting date for the sale, consideration and award of bonds (6 30 p m. May 24) March 17. Christopherson will provide the City with the project costs so that Staff can provide the final structuring numbers to Springsted by the 18 March 23: 6 Special Council meeting to establish the planning process for the architectural and construction phases of the project Discussion /distribution of Open House materials. March 29 and 31 6 30 8 00 p m Public Open Houses to present information of need, preliminary design and associated cost. In addition to the Public Hearing regarding the issuance of bonds, in April Staff will be organizing a tour with Moody's Investors Service with the hope that our bond rating could be evaluated for an upgrade from the current Al rating A bond rating increase would mean that the City's bonds are more attractive in the financial marketplace which would translate to lower interest rates In May the final rating of the bonds will take place, the architect will complete the initial design development and forward it to the City for planning review, and it is anticipated that Council would hold a special meeting on May 24 for the consideration of the sale and award of the bonds. If all goes according to schedule the construction documents would be completed by August 19 with the bid process opening on September 20 and concluding three weeks later Construction could then begin as soon as the end of October. SUMMARY The aggressive schedule of the Fire Station #2 construction process provides the City with several advantages The public hearing process and issue of petition for referendum would be resolved before significant dollars had been spent on design /drafting of construction documents and preparation of bid documentation, By issuing debt prior to June 1, the City can avoid falling under legislative proposals that may impose a hard freeze on property tax levies, The City can anticipate spending less on materials (for example, the cost of steel is steadily increasing) 16