BC 2006 11 20 REGULAR - Laserfiche WebLink

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November 20, 2006 (Regular Meeting) Page 170 At the request of Chairman Carruth, Ms. Dubois reviewed the items included in the bond package. Commissioner Privette asked what would need to be done in order for the County to use General Obligation bonds to finance the project. Mr. Cordell reviewed the steps necessary to hold a bond referendum. There was discussion on the increase in cost each time there is a delay in executing a contract; the cost of Brunswick County's detention center; the impact the jail debt service could have on the County's ability to borrow money for school construction projects; etc. Joe Niggel, USB Securities, LLC, responded to questions on the interest rates of COPS and General Obligation Bonds. Commissioner Privette made a MOTION to issue General Obligation bonds for this project and to submit it to the voters for approval. Commissioner Freeman seconded the motion. Vice Chairman Juba commented on the need to address this project in a decisive manner. In response to questions from Chairman Carruth, Kevin Gass with Turner Construction reported all of the subcontractor's quotes will become invalid effective December 15 and that there were 3 to 7 bids per scope. Chairman Carruth reported if the subcontractors' bids expire, it will result in an additional 6 - 8 months delay. Commissioner Carpenter questioned the price escalation of bids. There was discussion on the price increase of steel, concrete and copper. Scott Milligan with Turner Construction responded to Commissioner Carpenter's questions on bids, price escalation and construction of the tunnel. There was further discussion with County staff and Ware Bonsall Architects on the following issues: if the zoning permit for the Sheriff's Administration Building had been granted, how long it would take to redesign the project to fit the financing, redesigning the project would require a new Conditional Use Permit from the City of Concord, redesigning the project would cause an additional delay of approximately six months; etc. In order for the County to protect itself, Mr. Cordell advised the Board to increase the amount of GO Bonds for the project to cover the projected increase in construction costs. Chairman Carruth reviewed the Board's options. The MOTION failed with Commissioners Freeman and Privette voting for and Chairman Carruth, Vice Chairman Juba and Commissioner Carpenter voting against. .n Contract for S Center - Kevin Gass with Turner Construction reviewed Amendment No. 2 to the Guaranteed Maximum Price (GMP) totaling $66,798,730.00 and responded to a variety of questions. He reported the complete construction notebook was presented to the Board on November 13, 2006, and to Commissioner Privette and Commissioner-Elect Mynatt on November 16. There was discussion on the use of the four percent construction contingency. Chairman Carruth suggested approval of Amendment No. 2 be tabled to November 27, 2006. UPON MOTION of Chairman Carruth, seconded by Vice Chairman Juba with Chairman Carruth, Vice Chairman Juba and Commissioner Carpenter voting for and Commissioners Freeman and Privette voting against, the Board tabled consideration of Amendment No. 2 until the meeting on Monday, November 27, 2006. (F) CONSENT AGENDA (F-1) Rowan-Cabarrus Community College - Funding Request for RCCC's Coametoloav Program at the Cloverleaf Plaza & Related Budget Amendment