Value. Maybe, i dont understand how this is working. We dont know what the Construction Costs will be, we dont know what the materials and we dont have to work out an agreement. So, i would have thought then that we said, look, there is a Design Services, and we will find out after it is designed what it is going to cost and then you will be bidding on that and then on that basis, i thought that is what you were saying was going to happen, and so these numbers, that crown core inc has in for the construction fee and the construction overhead, are really just plugged numbers, based on an estimate of Construction Costs. And now, in effect we will say, design it, and then we will figure out the construction, and so, why are we getting into a construction fee or a construction overhead . Okay. So we have asked them to bid the Design Services and also asked them to bid, the cost for overhead. And the cost for fees. And so, the 12 percent fee and the 18 percent fee and the 12 percent overhea
For phase two, and in the downtown extension. And is the melaru the condition on getting this loan . No. We are covenanting in the Credit Agreement to work with the city, to the district and we cannot control the formation of it but we do covenant in the Credit Agreement that we will undergo or undertake our best effort to insure that the district is formed. And of course, you approved the executive director voting in favor of formation that was our last meeting. And just by way of background, director on the status of the cfd, the city board of supervisors has taken two of the three legislative actions that are required to form the cfd and it is schedule a special election, for closing on december 29th. And we anticipate that the city board of supervisors will take its third. I understand that. Okay i just want to and if we prepay and everything goes well, and on the year, and that insurance that we purchased for all of that time proves worthless, i am going to be upset and so your jo
Dollars in potential, and we continue to work with the Mayors Office for the funding for the parks so that we can open the park with the Transit Center to be sure that the park can be opened with the Transit Center and issue, with what i think and the prepackage that requires the lead for the plant course and we should do that for last month, and we will bring it for at ward in january. Also with the elements of the park in january and this was bringing that to the board for award in june. The contract will be paid a set fee, and once the design is completed and the total cost is agreed to and the Construction Cost portion which is step two of the process will be brought up to the board for approval and incorporated to the example of the contract once the board approves the awards and as you may recall, the exterior auning and the packages that were issued for the mid novemeber, 2013, and we have the full prequalified bidders and did not receive any bids as part of the january, 30, dat
Set the design, and effort and sit down with them with the designer and work and we would be able to design the awning. Yeah, and they bid, 18 percent and they bid 12 percent. Yeah. And bid, 14 and they bid 32 and so the dollars dont p make me. No they are just a plug value. What we and the upper limits of what we want on the awning cost. Now i understand. Any other questions . No member of the public. Motion for approval. Second. Second. And so, we will take the roll . Director lee. Yes. Nuru. Yes. Reiskin. Aye. Harper. Aye. That is four aye and item 12 is approved. Go ahead and tall your next item. Item 13 is approving an amendment to contract, number0804cmgc000, authorizing Webcor Obayashi joint venture to award a trade work subcontract to shimmick construction company, inc. , as the responsible bidder submitting the lowest responsive bid in the amount of 481,785 for tg15. 2 facade access equipment, thereby increasing authorized direct costs by 481,785, and the authorized Constructi
Million dollars. And so, the proposals and the crown core is that we could design it for less than 30 million, and given that we did not receive any bids on the initial for the bid we want it to be on the safe side, and assign the 30 Million Dollar value. Maybe, i dont understand how this is working. We dont know what the Construction Costs will be, we dont know what the materials and we dont have to work out an agreement. So, i would have thought then that we said, look, there is a Design Services, and we will find out after it is designed what it is going to cost and then you will be bidding on that and then on that basis, i thought that is what you were saying was going to happen, and so these numbers, that crown core inc has in for the construction fee and the construction overhead, are really just plugged numbers, based on an estimate of Construction Costs. And now, in effect we will say, design it, and then we will figure out the construction, and so, why are we getting into a co