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2003-06-17 ARRA MinutesAPPROVED MINUTES OF THE SPECIAL MEETING OF THE ALAMEDA REUSE AND REDEVELOPMENT AUTHORITY Tuesday, June 17, 2003 The meeting convened at 7:53 p.m. with Mayor Johnson presiding. 1. ROLL CALL Present: Beverly Johnson, Mayor, City of Alameda Tony Daysog, Boardmember, City of Alameda Albert DeWitt, Boardmember, City of Alameda Barbara Kerr, Boardmember, City of Alameda Frank Matarrese, Boardmember, City of Alameda 1. ROLL CALL 2. REGULAR AGENDA ITEMS 2 -C 2 -A. Recommendation to approve plans and specifications and award constriction contract in the amount of $522,200 to Blocka Constriction, Inc. for the Alameda Naval Air Museum — renovations to Building 77. There were no public speakers. The public hearing was closed for Board discussion. Member Kerr stated the renovations are useful and necessary for occupancy of the building no matter what tenant leases it. Chair Johnson asked what happens if the amount increases above what the Board is approving? Debbie Potter, Base Reuse and Redevelopment Manager stated that they are working with the lowest bid based on a specified contract amount and any overage would have to be approved by EDA. Member DeWitt asked why is additional funding being added, if City staff selected the lowest bidder? Ms. Potter responded that the add -on includes the contingency fee, which is required for the project and will remain in the ARRA budget if it is not used. L `,Comdex Base Reuse& Redevp -ARRA MINUTES 200 `,Jun 17_03 Special doc Member Daysog asked if the 20 percent difference of approximately $97,000 is part of the AP bond fiends and if so why would it be used for this contingency fee? Ms. Potter stated the money is set up such that there is $326,864 in EDA grant fiends and the required match, which we are proposing to match with bond proceeds and the $195,000 in ARRA lease revenues. The reason why bond proceeds are being used first is that they are restricted to capital projects, where there is more flexibility with lease revenues. It was decided to spend the lease revenues last on this project and utilize the more flexible fiends for other projects in the event that the full EDA amount is used up, in addition to the 20 percent contingency fee. Member Daysog responded that if there was any way to use the bond proceeds last, recognizing its restrictions, it should be done. James Flint, City Manager stated that the bonds were issued for capital improvement projects to optimize cash flow as directed by the ARRA. This is the first instance in which bond proceed fiends are being used for building capital projects versus other street and capital projects. Mr. Flint stated that staff would take into consideration Member Daysog's suggestion. Member Kerr moved approval of the recommendation. The motion was seconded by Member DeWitt and passed by the following voice vote: Ayes -5; Noes -0; Abstentions -0. 3. Public Comment on Non - Agenda Items Only. Anyone wishing to address the Board on agenda items only, may speak for a maximum of 3 minutes per item. There were no speakers. 4. ADJOURNMENT Mayor Johnson adjourned the meeting at 8:03 p.m. Respectfully, Lucretia Akil ARRA Secretary L `,Comdex Base Reuse& Redevp -ARRA MINUTES 200 `,Jun 17_03 Special doc