TO: Mayor and City Commission
FROM: Samuel A. May, City Manager
DATE: May 15, 2019
Title
DISCUSSION AND POSSIBLE ACTION - FIRE STATION 58 UPDATE (Presented by Architect Saltz Michelson)
BACKGROUND: Saltz Michelson, the City’s hired architect for this project, has provided a historical timeline and an updated Opinion of Probable Cost for the conceptual two-story, three-bay fire station. The updated estimates are as follows:
Construction- $7,140,000 (16,800 SF @ $425/SF)
Design- $533,697 (includes $35,000 credit against prior work)
Interior Furnish- $714,000 (estimated 10% of construction)
Total Estimate- $8,387,697
The FY 2019 Budget includes funding of $5,200,000 of which $1,000,000 is a grant from the State of Florida. Thus, there is a shortfall of $3,187,697 based on the current total cost estimate. Options for closing this gap are:
Citizens Project Initiatives Fund: Estimated balance- $1,000,000
Fire Assessment Increase: $50 increase would generate approximately $1.44 million
Ad Valorem Increase: 0.25 Mills would generate approximately $740,000
RECOMMENDATION: Discuss and possible action
FISCAL IMPACT: $8,387,697
CONTACT PERSON: Samuel A. May, City Manager
Daniel Booker, Fire Chief