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HomeMy WebLinkAboutCC RES 95-052 RESOLUTION AWARDING A BID AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE A CONTRACT FOR CONSTRUCTION OF A NEW CITY HALL/COMMUNITY CENTER Meeting Sheet IIIIII VIII VIII VIII VIII VIII IIII IIII 103383 Box: 26 Folder: RES 1995 Document: CC RES 95-052 RESOLUTION AWARDING A BID AND AUTHORIZING THE MAYOR AND CIN MANAGER TO EXECUTE A CONTRACT FOR CONSTRUCTION OF A NEW CIN HALL/COMMUNITY CENTER T • CITY OF ST. ANTHONY RESOLUTION 95-052 A RESOLUTION AWARDING A BID AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE A CONTRACT FOR CONSTRUCTION OF A NEW CITY HALL/COMMUNITY CENTER WHEREAS, the City of St. Anthony has received 11 bids for the constructtion of a new City Hall/Community Center; and WHEREAS, after due consideration, the St. Anthony City Council has selected a contract/contractor for this project in the best interests of the City. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of St. Anthony hereby awards Graus Construction Company, of Hastings, Minnesota, with the lowest bid in the amount of$3,150,000 (plus $1,900 for alternate bid), and authorizes the Mayor and City Manager to execute a contract • for construction of a new City Hall/Community Center. Adopted this day of �c�o �Y' , 1995. Mayor ATTEST: City Clerk Reviewed for administration: City lhanager • N • BID TAfALATION 0 0- ST. ANTHONY CITY HALL � AND COMMUNITY CENTER BIDS DUE: OCTOBER 17, 1995; 100 AM 0 z r; CONTRACTOR BASE BID BID SECURITY ADDENDA COMPLETION ALTERNATE #1 RECEIVED TIME In un -GRALISCONS"iRUCfION $3,150,000 YES 1 ,2 441 $1,900 ti JORGENSONCONSM $3,289,000 YES 1 ,2 365 $5,100 U O BOR90NOONSTR $3,298,000 YES 1 ,2 365 $1;000 IAMOSTEELEOONM $3,329,000 YES 1 ,2 365 $2,500 PACO $3,382,444 YES 1 ,2 285 $2,400 SHAWLST $3,385,000 , YEAS 1 .2 390 $8,900 YES tIG.IOF�V90N $3.389.700 1r.2. 380 $89190 0 z J ADOLPSON&PETERSON $3,404,500 YES 1.2 315 -$8,250 STAHL $3,466,000 YEAS 1 ,2 365 $8,000 FRERICHSCONSM $3,515,000 YES 1 ,2 460 $1 ,000 LUND MARTIN $3,648,000 YES 1 ,2 365 $3,000 T T City of Saint Anthony, Minnesota Final City Hall Community Center Complex Schedule Tax Increment General Obligation Bonds I Debt Service Schedule l Reserve Net Year of Year of Principal Earnings @ Debt Levy Maturity Principal Rate Interest & Interest 5.00% Service (1) (2) (3) (4) (5) (6) (7) (8) 1995 1996 $130,000 3.90% $65,611 $195,611 $0 $195,611 1996 1997 135,000 4.05% 121,083 256,083 0 256,083 1997 1998 140,000 4.15% 115,615 255,615 0 255,615 1998 1999 145,000 4.25% 109,805 254,805 0 254,805 1999 2000 150,000 4.35% 103,643 253,643 0 253,643 2000 2001 155,000 4.45% 97,118 252,118 0 252,118 2001 2002 165,000 4.55% 90,220 255,220 0 255,220 2002 2003 170,000 4.65% 82,713 252,713 0 252,713 2003 2004 180,000 4.75% 74,808 254,808 0 254,808 2004 2005 190,000 4.85% 66,258 256,258 0 256,258 2005 2006 195,000 4.95% 57,043 252,043 0 252,043 2006 2007 205,000 5.10% 47,390 252,390 0 252,390 2007 2008 220,000 5.25% 36,935 256,935 0 256,935 2008 2009 230,000 5.35% 25,385 255,385 0 255,385 2009 2010 240,000 5.45% 13,080 253,080 0 253,080 2010 2011 0 5.55% 0 0 0 0 2011 2012 0 5.65% 0 0 0 0 2012 2013 0 .5.70% 0 0 0 0 2013 2014 0 5.75% 0 0 0 0 2014 2015 0 5.80% 0 0 0 0 2015 2016 0 5.85% 0 0 0 0 TOTALS: $2,650,000 $1,106,704 $3,756,704 $0 $34756,704 Sources & USPs Sources Uses Bond Proceeds $2,650,000 Construction $3,543,000 City Contribution 1,200,000 Contingency 220,000 Other 0 Issue Costs 46,894 Rounding (356) Discount 39,750 Accrued Interest 0 Accrued Interest 0 Totals: $3,849,644 $3,849,644 Caution: Interest rates are estimates. Changes to interest rates may result in significant changes to these schedules. 10/17/95 13:03 FAX 612 223 3002 SPRINGSTED INC. 2003/003 City of Saint Anthony, Minnesota Final City Heil Community Center Complex Schedule Tax Increment General Obligation Bonds Debt Service Payment Sources Schedule Repayment Sources Net School TIF Total Year of Year of Debt District District Repayment Annual Cumulative Levy Maturity Service Contrib. Increment Sources Over/(Due) Over/(Due) (1) (2) (3) (4) (5) (6) (7) (8) 1995 1996 $195,611 $70,000 $240,000 $310,000 $114,389 $114,389 1996 1997 256,083 70,000 240,000 310,000 53,918 168,306 1997 1998 255,615 70,000 240,000 310,000 54,385 222,691 1998 1999 254,805 70,000 240,000 310,000 55,195 277,886 1999 2000 253,643 70,000 240,000 310,000 56,358 334,244 2000 2001 252,118 70,000 240,000 310,000 57,883 392,126 2001 2002 255,220 70,000 240,000 310,000 54,780 446,906 2002 2003 252,713 70,000 240,000 310,000 57,288 504,194 2003 2004 254,808 70,000 240,000 310,000 55,193 559,386 2004 2005 256,258 70,000 240,000 310,000 53,743 613,129 2005 2006 252,043 70,000 240,000 310,000 57,958 671,086 2006 2007 252,390 70,000 240,000 310,000 57,610 728,696 2007 2008 256,935 70,000 240,000 310,000 53,065 781,761 2008 2009 255,385 70,000 240,000 310,000 54,615 836,376 2009 2010 253,080 70,000 240,000 310,000 56,920 893,296 2010 2011 0 70,000 0 70,000 70,000 963,296 2011 2012 0 70,000 0 70,000 70,000 1,033,296 2012 2013 0 70,000 0 70,000 70,000 1,103,296 2013 2014 0 70,000 0 70,000 70,000 1,173,296 2014 2015 0 70,000 0 70,000 70,000 1,243,296 2015 2016 0 0 0 0 01,243,296 TOTALS: $3,756,704 $1,400,000 $3,600,000 $5,000,000 $1,243,296 School District Contribution Square Footage of New City Hall/ Total School District Lease Pymt $100,000 Community Center School District Gym Use Payment 10,000 � C Sq. Ft. % Occupied Operations & Maintenance Payment: 13,113 Sq. Ft @ $1.47 19,276 City - 16,203 49.329% School 10,386✓ 31.619% -a,n xZ Lease Payment Avail for D.S. $70,724 Gymnasium - 6,258 19.052% Required for D.S. (Approx) 70,000 Public Areas 8,625 0.000% Balance Available $724 Totals: 41,472 100.000% Sq. Ft. Based on School portion plus pro rata share of Public Areas. Prepared on: 17-Qct-95 StangRmk4 SPRINGSTED Incorporated 10/17/95 13:01 FAX 612 223 3002 SPRINGSTED INC. 2001/003 City of Saint Anthony, Minnesota Final City Hall Community Center Complex Schedule 2 Tax Increment General Obligation Bonds Debt Service Allocution Schedule Net Year of Year of Debt City School Gymnasium Levy Maturity Service 49.329% 31.619% 19.052% Total (1) (2) (3) (4) (5) (6) (7) 1995 1996 $195,611 $96,492 $61,851 $37,268 $195,611 1996 1997 256,083 126,322 80,972 48,789 256,083 1997 1998 255,615 126,092 80,824 48,700 255,615 1998 1999 254,805 125,692 80,568 48,545 254,805 1999 2000 253,643 125,119 80,200 48,324 253,643 2000 2001 252,118 124,366 79,718 48,033 252,118 2001 2002 255,220 125,897 80,699 48,624 255,220 2002 2003 252,713 124,660 79,906 48,147 252,713 2003 2004 254,808 125,693 80,568 48,546 254,808 2004 2005 256,258 126,409 81,027 48,822 256,258 2005 2006 252,043 124,329 79,694 48,019 252,043 2006 2007 252,390 124,501 79,804 48,085 252,390 2007 2008 256,935 126,743 81,241 48,951 256,935 2008 2009 255,385 125,978 80,751 48,656 255,385 2009 2010 253,080 124,841 80,022 48,217 253,080 2010 2011 0 0 0 0 0 2011 2012 0 0 0 0 0 2012 2013 0 0 0 0 0 2013 2014 0 0 0 0 0 2014 2015 0 0 0 0 0 2015 2016 . 0 0 0 0 0 TOTALS: $3,756,704 $1,853,133 $1,187,844 $715,726 X3,756,704 Maximum Annual D.S. $126,743 $81,241, $481951 $256,935 Prepared on: 17-Oct-95 StangWwk4 SRRINGSTED Incorporated