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HomeMy WebLinkAboutItem No.SA8CITY OF LAKE ELSINORE .REPORT TO THE REDEVELOPMENT AGENCY, TO. REDEVELOPMENT AGENCY CHAIR AND BOARD FROM: RON MOLENDYK, EXECUTIVE DIRECTOR DATE: JULY 13, 1993 SUBJECT: ADDITIONAL APPROPRIATIONS - EAST LAKE E.P.N.A. The Exclusive Planning and Negotiations Agreement.between the RDA and East Lake Community Builders was entered into on April 23, 1991. The Agreement .calls for the, Developer and RDA, share costs to process the plans at a 50 -50 basis.' DISCUSSION Due to extensive environmental concerns, the cost to prepare the plans, EIR, and legal costs, have exceeded the original estimates. The agencies participation to date totals $700,000:00. FISCAL IMPACT ECB's request for reimbursement #8 totals $56,220.73. An additional appropriation is requested from the projected 93 -94 reserve in this amount. RECOMMENDATION Approve the request for reimbursement #8, and an appropriation of $57,000.00 to cover the same. PREPARED BY: APPROVED FOR AGENDA LISTING: AGFN'DA ITEt.. NO Z PbiE EASTLAKE COMMUNITY BUILDERS June 14, 1993 6� 650 TOWN CENTER DRIVE, SURE 1900 COSTA MESA, CA 92626 (714) 755 -8030 FAX (714) 7554290 Mr. Bob Boone Administrative Services Director City of Lake Elsinore 130 S. Main Street Lake Elsinore, CA 92530 Re: EAST LAKE PROJECT REIMBURSM4E?NT #8 Dear Mr. Boone: Pursuant to the Exclusive Planning and Negotiating Agreement dated April 23, 1991, by and among the City of Lake Elsinore, the Lake Elsinore Redevelopment Agency; and Eastlake Community Builders, Sections 4.1 and 4.3, we are hereby requesting the following reimbursement: Project Costs (see attached schedule) through 2nd quarter 1993 ending 6/30/93 $ 112,441.46 times 50 %, $ 5622073 Total request for reimbursement Draw #8 S 56,220 73 Please make check payable to: Eastlake Community Builders 650 Town Center Drive, Suite 1900 Costa Mesa, CA 92626 Sincerely yours, D Mel un _ For EASTLAKE C NITY BUILDERS, L. P. cc: Ron Molendyk -Tom Weigel File 4:. AGENDA ITEic`. NO, _ PAOF 0 :'._ ... J Project Costs Sum, Qtr. 2/93 Page 1 , AGENDA ITEM NO. Category Vendor Amount Cate oji–S—utytotal J n, Demarco tit at 10,933.35 2 Demarco et at Jackson, Demarco et at 17,411.33 22,847.85 51,192.53 3 Rutan and Tucker 10,359.86 3 3 Rutan and Tucker -Rutan and Tucker 55.00 381.90 10,796.76 6 , -P-u—nsaker and Associates 204.00 -6 nsaker and Associates -�ju- 5,655.83 6 Hunsaker and Associates 2 278.00 , 8,137.83 8 KTGY Group 3,999.63 8 KTGY Group 8,676.27, 8 KTGY Group 5,498.15 18,174.05 12 EPT Landscape 10,035.00 10,035.00 15 SO 348.00 15 SO 160.00 15 SO 1,895.00 15 SO 2,375.00 4,778.00 19 Matco 1'500.00 19 Matco 1,500.00 19 Matco 1,500.00 4,500= 20 OCB 51.18 51.18 22 munications 951.37, -- 22 JWilburn Communications 1,780.661 22 Wilburn Communications 2,044.081 4. 1 Total 1121441.445 1 4112,441.46 Page 1 , AGENDA ITEM NO. BUDGET SUMMARY Q. 2/93 Page 1 'y ..y REVISED PREVIOUSLY CURRENT TOTAL REMAINING _ CATEGORY BUDGET BILLED /PAID BILLING BILLED _ BUDGET 1. IFinanCi2i 55,000.00 46,104.11 0.00 46,104.11 8,895.89 2. Legal (land use) 109,000.00_ 98,059.17 51,192.53 149,251.70 - 40,251.70 3. Legal (DDA /DA) 100,000.00 10,796_.76- - 11_,44_8._62 4. Legal (Environmental) _100,651.86 731.25 0.00 _111,448.62 731.25 268.75_ 5. Accountin _1,000.00 1,000.00 0.00 0.00 0.00 1,000.00 6. Engineering 95,000.00 154,774.39 8,137.83 162,912.22 - 67,912.22 7. Planning (master plan) 137,000.00 151,153.70 0.00 151,153.70 - 14,153.70 8. Planning (specific plan) 205,000.00 206,989.90 18,174.05 225,163.95 - 20,163.95 9. lEnvironmental 120,000.00 0.00 0.00 0.00 120,000.00 10. Market Research 30,000.00 _ 58,611.71 0.00 58,611.71 - 28,611.71 11. Cost Estimate 25,000.00 14,335.00 0.00 14,335.00 10,665.00 12. Landscape Architect 75,000.00 81,988.83 10,035.00 92,023.83 - 17,023.83 13. Geology/Soils , 60,000.00 65,678.58 0.00 65,678.58 - 5,678.58 14. Wetlands Specialists 50,000.00 37,823.59 0.00 37,823.59 12,176.41 15. Scheduling Consultants 14,000.00 13,462.48 4,778.00 18,240.48 - 4,240.48 16. Golf Course Consultant 10,000.00 5,226.92 0.00 5,226.92 4,773.08 17. ITitle Company 0.00 0.00 0.00 0.00 0.00 18. Utillt Consultant 0.00 0.00. 0.00 0.00 0.00 19. Special Govt. Consultant 10,000.00 31,279.76 4,500.00 35,779.76 25,779.76 20. Re ro. /Delive /Reim. 40,000.00 19,068.49 51.18 19,119.67 20,880.33 21. Misc. Contingencies 22,000.00 21,010.11 0.00 21,010.11 989.89 22. Community Relations 40,000.00 14,269.70 4,776.11 19,045.81 20,954.19 23. Legal (LEA) 1,000.00 0.00 0.00 0.00 1,000.00 Totalsl 1,200,000.00 1,121,219.55 112,441.46 1,233,661.01 - 33,661.01 Page 1 'y ..y