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HomeMy WebLinkAboutStaff Report 1881City of Palo Alto (ID # 1881) City Council Informational Report Report Type: Informational Report Meeting Date: 7/11/2011 July 11, 2011 Page 1 of 1 (ID # 1881) Title: Palo Alto Monthly Library Update Subject: Palo Alto Library Projects May 2011 Report From:City Manager Lead Department: Public Works Executive Summary Attached please find the May 2011 Monthly Update Report prepared for the City of Palo Alto by our Construction Management firm, Turner Construction Company. It can be found on the City's Webpage at www.cityofpaloalto.org/libraryprojects. This is an informational report and no action by Council is required. Attachments: ·Palo Alto Library Monthly Report May 2011 (PDF) Prepared By:Philip L. Bobel, Manager, Environmental Compliance Department Head:J. Michael Sartor, Interim Director City Manager Approval: James Keene, City Manager Palo Alto Library Projects Monthly Progress Report May 2011 Downtown Library Mitchell Park Library & Community Center Main Library Mitchell Park Main Entry ZĞǀŝƐĞĚ:ƵŶĞϮϴ͕ϮϬϭϭ Turner Construction Company Project Status Reports Table of Contents Project Status Reports Downtown Library Mitchell Park Library & Community Center Library Closure Plan Financial Summary May 2011 KEY ACCOMPLISHMENTS Complete Start-Ups & Commissioning of HVAC Complete Interiors UPCOMING ACTIVITIES Finalize Broadcast Media requirements Complete all Punch Lists corrections June 2011 Kids Room (650) 329-2295 Progress Photos DVD Center Nana Wall Adult Fiction Administration May 2011 Director South Entrance KEY ACCOMPLSHMENTS Night sky tank poured Interior fire walls framed Library rood deck poured UPCOMING ACTIVITIES Community Center Roof deck Exterior wall layout (650) 329-2295 May 2011 WEB CAM LINK: http://173.164.239.206/view/viewer_index.shtml Library Green Wall Street Fabrication Progress Photos May 2011 Backfill around Night Sky Tank Library Interior Framing & MEP Rough Library Slopped Roofs Ready to Pour Library Roof Decking Complete Community Centers and Courtyard Revision 1 MEASURE N ENGINEER'S ESTIMATE PROJECTED RESERVES 09010 Cubberley Temporary Library 645,000 612,795 32,205 09005 Downtown Library 4,000,000 5,212,000 4,455,781 756,219 09006 Mitchell Park Library & C.C.50,000,000 49,043,000 41,566,317 7,476,683 11000 Main Library 18,000,000 18,000,000 18,000,000 0 Art Center Temporary Library 500,000 500,000 0 Bonding and Financing Costs 4,000,000 2,600,000 1,250,000 1,350,000 BONDED AMOUNT 76,000,000 76,000,000 66,384,893 9,615,107 - - - MAY 2011 (revised) FINANCIAL SUMMARY BUDGET COSTS The combined projects currently have cost reserves of aproximately $9,600,000 Temporary Library at Cubberley finished below estimate Downtown Library scope increased by bids were below estimate Mitchell Park Library and Community Center bids were siginificantly below estimate Bond costs for the first issuance were significalntly less than anticipated Cost reserves have been adjusted down for various expenses not in the estimate