HomeMy Public PortalAboutAB 20-046 Library Expansion Project Cost Estimate and Bond Ordinance PresentationMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 20-046
Meeting Date February 13, 2020
AGENDA ITEM INFORMATION
SUBJECT:
Library Expansion Project cost estimate, design
and draft bond ordinance presented by Ratio HPA,
the CM Company, and Zion’s Bank
Department Approvals Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Treasurer Originator
Community Development
Police Department
Public Works
Golf Course
COST IMPACT: $8.2 Million Parks and Recreation Support
FUNDING
SOURCE:
Private contributions, grants and public funds Airport
Library Support
TIMELINE: To qualify for the May 2020 ballot, the bond
ordinance is due to County by March 20, 2020
Information Systems
Grant Coordinator
SUMMARY STATEMENT: The CM / GC team, Dennis Humphries with Ratio HPA Architects and
Dominick Fery with CM Company, will present updated cost estimates, designs and construction timeline
for the Library Expansion Project:
1. New Library & Remodel of the Existing Library
2. Library Plaza
3. 32 Parking Spaces
4. Parks Relocation
Christian Anderson with Zion’s Bank will present the following items related to adoption of the bond
ordinance and subsequent bond issuance:
1. Election Timeline for Bond Ordinance Adoption
2. Bond Issuance Timeline after Successful Bond Election
3. Two Bond Scenarios and the Applicable Tax Impacts
a. $8.2 Million
b. $7.2 Million (assuming $1 Million in private donations)
4. Discuss Donation Strategy – How to Represent Donations in the Bond Request
5. Draft Ordinance – Discuss the Different Elements
Attachments:
1. Project Cost Estimate
2. Project Schedule and Timeline
3. Library Expansion design
4. Parks Relocation design
5. Draft Bond Election Ordinance
RECOMMENDED ACTION: Provide direction to staff by selecting the size (amount) and term of the
bond to be incorporated into the ordinance for adoption on February 27, 2020.
RECORD OF COUNCIL ACTION
MEETING DATE ACTION