HomeMy WebLinkAbout2011-21 Authorizing TM to sign Contractual Agreement for Phase II Predevelopment Services with Triumph LLCRESOLUTION NO. 21
Series of 2011
A RESOLUTION AUTHORIZING THE TOWN MANAGER TO SIGN A CONTRACTUAL
AGREEMENT FOR PHASE 2 PRE - DEVELOPMENT SERVICES WITH TRIUMPH
DEVLOPMENT LLC, TO FURTHER DETERMINE THE FEASIBILITY OF THE
REDEVELOPMENT PROJECT AND CREATE A CONCEPTUAL DEVELOPMENT
PROGRAM FOR THE REDEVELOPMENT OF THE TOWN OF VAIL MUNICIPAL
OFFICE SITE, LOCATED AT 75 SOUTH FRONTAGE ROAD, IN COOPERATION
WITH THE VAIL VALLEY MEDICAL CENTER, THE STEADMAN - PHILIPPON
RESEARCH INSTITUTE AND THE STEADMAN CLINIC; AND SETTING FORTH
DETAILS IN REGARD THERETO.
WHEREAS, the Town of Vail (the "Town "), in the County of Eagle and State of
Colorado is a home rule municipal corporation duly organized and existing under the
laws of the State of Colorado and the Town Charter (the "Charter");
WHEREAS, the members of the Town Council of the Town (the "Council') have
been duly elected and qualified;
WHEREAS, the Town, in cooperation with the Vail Valley Medical Center and
The Steadman Clinic, wish to enter into a contractual agreement (the "Agreement ") for
phase 2 pre - development services;
WHEREAS, according to the Agreement the scope of services includes
development site study and identification of design constraints; developing more detailed
design programs, civil engineering and schematic architectural design, initiating the
conceptual review process of future entitlements, and further facilitating a development
program and business deal for all parties,
WHEREAS, this Resolution authorizes the Town Manager to sign the Agreement
for said services with Triumph Development, LLC; of Vail, Colorado,
WHEREAS, the Agreement only authorizes the Town to spend up to $99,982 for
its share of the phase 2 pre - development services, and
WHEREAS, approval of Resolution No. 21, Series 2011, is required to enter into
the Agreement.
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF VAIL, COLORADO THAT:
Section 1. The Council hereby approves and authorizes the Town Manager
to enter into the Agreement with the Triumph Development, LLC., for phase 2 pre -
development services for the redevelopment of the Town of Vail Municipal Office Site,
located at 75 South Frontage Road in substantially the same form as attached hereto as
Exhibit A and in a form approved by the Town Attorney.
Resolution No. 21, Series 2011
Section 2. This Resolution shall take effect immediately upon its passage.
INTRODUCED, PASSED AND ADOPTED at a regular meeting of the Town
Council of the Town of Vail held this 1 day of November, 2011.
Richard Clevela
Town Mayor
torel6i Donaldson,
Town Clerk
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Resolution No. 21, Series 2011
EXHIBIT "A"
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October 18, 2011
Ms. Doris Kirchner
Vail Valley Medical Center
181 W. Meadow Drive
Vail, CO 81657
Mr. Lyon Steadman
The Steadman Clinic
181 W. Meadow Drive
Vail, CO 81657
Mr. Stan Zemler
Town of Vail
75 S. Frontage Road Vail, CO 81657
Re: Prase 2 Consulting Agreement for Predevelopment Services for the
Vail Municipal a Medical Office Oevebpment
Dear Team Members,
Thank you for your time and insight over the past months as we have studied the
possibility of redeveloping the Vail Municipal Center into a mixed -use medical
facility and office building for the Town of Vail. After five months of study, we
firmly believe in the merits of redeveloping the site to include the uses outlined
in our recent presentation to each of you.
In this letter we propose to continue the work outlined in our April 29, 2011
proposal letter. This effort will include the below scope of work and anticipated
budget for the next 90-day predevelopment effort.
Site Study and Design Constraints:
• Geotechnical study to understand the site's soil /rock and underground
P. 301.x67.1112 12 Vail Road Suile 100. Vd. CO 81x57
F_ 301.067.5948 8120 wood+wd Avenue. Stile 800. Bdusda, MD 20811
Resolution No. 21, Series 2011
water characteristics
• Survey and locate utilities for the municipal center, the frontage road, the
US Bank Building and VVMC parking structure
• CDOT consultant to investigate CDOT requirements, impacts on design,
and construction feasibility
• Parking consultant to determine traffic and parking generated by the
project's users and opportunities for shared parking
Design:
• Finalize users' design programs and location of critical design elements
such as the future helipad location
• Civil engineer to plan initial site, access, interior vehicular circulation,
right -of -way improvements, sky - bridge location /engineering, and utility
planning.
• Architectural design team to begin schematic design including garage
design, pedestrian and vehicular circulation, MOB massing, the
relationship of internal MOB uses, MOB architecture, TOV massing, TOV
architecture, integration with the existing police building, and the sky -
bridge location. Team to include Pierce Architects to assist TOV in
refining interior programing.
• Design team to begin preparing for public entitlement effort. This scope
of work could include public meetings and initial presentation to PEC
and /or DRB
Legal:
Title work for each of the impacted sites
Understand design constraints of existing VVMC easements
Preliminary public - private - partnership ( "PPP ") deal structure consultation
Entitlement:
• Initiate pre - entitlement review with ToV Planning and Public Works
• Further define affordable- housing options
Resolution No. 21, Series 2011
• Determine parking requirement
• Initiate preliminary CDOT review
Facilitate Deal Structure Discussion:
• Refine development budget and schedule
• Present each party with deal points for discussion and consideration
• Stakeholder outreach and awareness (VVMC Board, SPRI Board, SC
Executives, and ToV Staff and Council)
Community outreach and awareness
Progress Reporting and Communication:
• Weekly meetings with Town Staff
• Presentation to the Town Council as required
Triumph Fees & Consulting Agreement Term:
in the table below, we present the overall budget for this Phase 2 scope of work
on a month -by -month basis. We propose to perform this scope of services for a
monthly fee of $20,000 per month, plus reimbursement for all out -of- pocket
expenses and third -party consultants. The term of this consulting agreement will
not exceed 90 days (or $60,000), and $299,675 in total including outside
consultants without the approval of all parties. All of these costs will be credited
toward the eventual cost of development should the group choose to move
forward with this project.
We will separately invoice VVMC, the Steadman Clinic and the Town of Vail each
a one -third share of these costs on a monthly basis throughout the duration of
this consulting arrangement. This agreement is terminable by any of the parties
to the agreement with seven (7) days written notice. Should you choose not to
proceed, the group will only be responsible for consulting services and outside
consultants' expenses incurred up to that point.
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Resolution No. 21, Series 2011
Vail Medical & Municipal Office
Predevelopment Phase 2 - Projected Budget
Cost Category
Day 30
Day 60
Day 90 Total
Consultants
Geotech
7,600
250
250 8,100
Base Map Survey & Utility
8,600
-
- 8,600
CDOT Permit & Leasing
3,000
3,000
- 6,000
Parking Consultant
5,975
500
- 6,475
Total Consuftants.
25,175
3,750
250 29,175
Design
Arch Program Verification
Arch - Schematic Design
Arch - Entitlement Application Prep
33,000 33,000
51,500 51,500 103,000
8,000 8,000
Civil 20,000 20,000 10,000 50,000
Total Design 53,000 71,500 69,500 194,000
Legal
5,000
5,000
5,000
15,000
Project Management Fee
20,000
20,000
20,000
60,000
Misc. Expense 500 500 500 1,500
Total Cash Requirement
103,675
100,750
95,250
299,675
1/3 Share of Required Cash
34,558
33,583
31,750
99,892
Resolution No. 21, Series 2011
ff you are in agreement with these terms, please countersign this proposal and
return it to us with the first month's consulting service fee of $20,000 (or $6,667
each) to our Vail address. if you have questions, please do not hesitate to call.
Best Regards,
-SV-
Steve Virostek
Principal, Triumph Development, LLC
Countersigned:
Doris Kirchner, Vail Valley Medical Center
Lyon Steadman, The Steadman Clinic
Stan Zemier, Town of Vail
Resolution No. 21, Series 2011