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Shakopee Park and Recreation Advisory Board
November 13, 2017
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| | | | | | | | | FROM: | Jamie Polley, Director of Parks and Recreation | | TO: | Parks and Recreation Advisory Board |
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| | | | | | | | Subject:
Community Center Project Update |
| | | | | | | | Policy/Action Requested:
Informational purposes only, no action requested. |
| | | | | | | | Discussion:
A presentation of the Ice Arena construction and Community Center renovation project was given to the City Council on November 7th. The presentation reviewed the project scope, the transformation of the facilities and the current budget status.
The project has been completed and is near close out with a few minor punchlist items yet to be completed. RJM Construction, the construction manager hired to oversee the project, has received final statements from all subcontractors.
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| | | | | | | | Budget Impact:
The Community Center/Ice Arena project was funding using Tax Abatement Bonds in the amount of $30.4 million dollars. The amount remaining in the bond fund is $582,400.30. The contract balance and outstanding bills yet to be paid total $526,335.52. Escrow being held for the building permit that will be returned to the bond fund upon issuance of final Certificate of Occupancy (waiting on the replacement of 5 trees) totals $130,130.90. The amount remaining at the end of the project in the bond fund is $186,195.68.
The amount remaining will be utilized to increase efficiency if needed. Other projects that could be completed utilizing the remaining funds include painting the gymnasium, painting the old locker rooms, updating the men's shower area, adding security cameras and increasing signage/graphics. |
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