TITLE
Recommendation to authorize City Manager to execute all documents necessary for the First Amendment to Design-Build Contract No. 28388 between the City of Long Beach and ARB, Inc., in an estimated amount of $42,470,106, plus a five percent contingency amount of $2,123,505, if necessary; and increase the appropriation to $44,593,611 in the Airport Enterprise Fund (EF 320) in the Airport Department (AP) for the completion of design and construction of Phase I of a parking structure at the Long Beach Airport;
Adopt resolution authorizing City Manager to execute amendments to the Airport Commercial Paper Program allowing the City to take advantage of certain provisions of the American Recovery and Reinvestment Act of 2009; approving a Third Supplemental Subordinate Trust Indenture, a Second Amendment to the Issuing and Paying Agent Agreement, a Second Amendment to Commercial Paper Dealer Agreement, and certain other documents relating to the Subordinate Airport Revenue Commercial Paper Program, approving the distribution of a Commercial Paper Offering Memorandum;
DISCUSSION
Parking Structure Construction Contracts
On February 18, 2003, the City Council authorized the execution of Design-Build Contract No.
28388 with ARB, Inc., for the design and construction of a parking structure (Structure) in the
amount of $32.2 million. The City Council limited authority for only the initial phase of the Structure, requiring further City Council approval for any additional phases. The initial phase of the Structure consists of design, engineering and preparation of construction documents.
Concurrently, the City Council authorized a contract with BonTerra for the completion of an Environmental Impact Report (EIR) for the Airport Terminal Improvement Project, which includes the Structure. From February 2003 through June 2006, the City conducted the EIR process culminating in City Council certification of the EIR on June 20, 2006. Although a preliminary site plan of th...
Click here for full text