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HomeMy WebLinkAbout1980-10 Ratifying a Memorandum of Agreement Pertaining to the Construction of Lionshead Public Parking FacilityRESOLUTION N0. '~ erxes of 1980 A RESOI.:UTION F.ATIFYIl`I~'t A P~iEPI[ORA1`IPUr'i OF AGRI;T'ME~IT PT;RTAINI~Yr TO THE CON,:zTRUCTION OF THE I_~IONSHEAD PUBLIC PARkaING FACITaITY; AND, APPROVING AN APi1iaNDP~iFNT TO THE CON'T'RACT FOR THE COTdSTRUC'i'IO~V OF SAID TRANSPORTATIOII CENTER. idHEREAS, the .'own Council enacted Resolution No. wl, Series of 1979, calling for a municipal election on the 20th day of November, 1979, for the subrzlission to the qualified electors of the Town of Vail the question as to whether or not the Town should issue its general obligation bonds in an amount not to exceed 7 million dollars to be used for the construction of a public parking facility located in the Lionshead area of the Town of Vail (is hereinafter referred to as the L•ionshead Parking F aci].ity) ; WIiEREAS, the Town Council adopted Resolution No. ~l, Series of 1979, which provided far the question to be submitted to the voters in said election, the form of the ballot to be used, the giving of notice of said election, and other matters and details relating to said election; WHEREAS, at the election. duly held on the 20th day of November, 1979, the electors of the Town of Vail approved the question as submitted by the vote of X05 in favor and 1~0 against; WHEREAS, it is the opinion of the Town Council that because of the great need for additional parking and the expeditious completion of the parking structure, that architectural and construction contracts should be entered into promptly; and, WHEREAS, the Town previously engaged an architect, James Ream of Robbins and Ream, f.or the development of the Lianshead parking facility, and agreed in principle on a construction contract for said project with a contractor, J,A,.Hyder Construction Company, ry J E Resolution No. 10 Page 2 YI~~FRFAS, the Town entered into a contract with J . A . Hyde:r Construction Co~,pany on the 4th day of llece~nber_ 19?9, for the construction of the precast concrete portion of the Lionsread Transportation Center; and, i~HFREA ~, pending the conte:~plated execution by the Town and said contractor of a contract. for the construction of said parking facility, the Town Counci7_ found it appropriate on the 1st clay of April 1980 , to give 1in~ited authorization to said contractor to purchase necessary materials for and enter into necessary subcontracts relating to sand project zn order to reduce e~~penses and assure the commencement of construction on schedule; YF3EREAS , f final agreement ha.s no«7 bee~z reached between the To~x~n and J . A . Ryder Construction Co~npa.ny regarding the construction of the entire project and it is necessary to amend the existing contract accordingly; NOti9, T~IEREFORF, Br IT RFSC?LVED BY ~ THE TO'Vi~i COUNCIL OF TIDE TOF1~i`I OF VA Z L , COLORADO , THAT Section 1. The P~femorandum of Agreement entered into on the day of 1980, by and between the Town and J,A, cyder Construction Company, a copy of which is attached hereto and made a part hereof, is hereby ratified by the Town Cauncil. Section 2. The Amendment to Construction Agreement which. is attached to the Standard Form of Agreement Between Owner and Contractor dated the day of 1980, said contract and amendment constituting the amended contract for the construction of the Lionsheacl Transportation Center, is hereby approved by the Town Council and the F~rayor. is hereby authorised by the council to execute said ame.~clment in beha7_f of the Town of Vail, Coloraco. i~ !~ Resolution No 10 Pale 3 Section ~. After sa..i_d ~.n~endment has been duly executed by the Town and t~ .:~ . kIycler Construct yon Company , an executed copy of the ar.~Pnded construc-cion contract for the Eionshead Transpo:~t~,tion Center sh~.ll forthwith be marked "Exhibz.t 1'', attachecl hereto, and made a part hereof. r- IidTROD~?CF'T), READ, APPTi.r?VED, ~I'IL~ I'~NACTEn this f ~~ day of ~~~~~ 1~F0. f~ ~' '~or ATTEST: 1 Town Clerk