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From the Department of Administrative Services, an informational report on an estimated revenue deficit related to the repairs of O’Donnell Park parking structure. (INFORMATIONAL ONLY UNLESS OTHERWISE DIRECTED BY THE COMMITTEE)
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Policy Issue
County Ordinance 56.02 requires each person in charge of any County office, department agency, or any non-departmental account to “…submit a written report to the County Executive, the committee on Finance and Audit of the County Board and the Department of Administration whenever such person has reason to know or believe that a deficit of seventy-five thousand dollars ($75,000.00) or more in any revenue account will occur for the division of county government under the supervision of that person.
Background- O’Donnell Project
The 2011 Adopted Budget included an appropriation of $6,560,231 for repairs to the O’Donnell Park parking structure. Financing was to be provided from $6,019,849 in reallocated bond proceeds and $540,382 in UWM land sale revenue.
The project was divided into three different components. The components included demolition, façade restoration, and internal repairs and improvements. The scope of the façade restoration component included the removal of the precast panels on the parking structure, with the exposed cast-in-place concrete parapet needing some improvements and some form of aesthetic treatment.
An advertisement for construction bids was issued in February of 2011 for the façade restoration of the project. The construction bid documents directed respondents to submit a base bid and an alternative bid. Both bids included the removal of the precast panels system. The base bid provided for a direct applied polyer-modified cement based finish system and the alternative bid provided for a metal wall panel system and glazed entry structure.
In March 2011, a contract was awarded to KBS Construction Inc. (KBS) for the façade restoration based on the base bid plus the cost of the metal ...
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