HomeMy WebLinkAboutR-1994-153 Interfund Loan Police Station / Legal Center•�
RESOLUTION NO. R-94 -153
A RESOLUTION authonzmg an Interfund Loan from the 551 -
Equipment Rental Fund, to the 333 -Law & Justice
Capital Fund, and providing for repayment.
WHEREAS, the Equipment Rental Fund has sufficient resources
available for investment to make the Interfund Loan authorized by this
Resolution, and
WHEREAS, funds must be loaned to the 333 -Law & Justice Capital
Fund in order to provide for cash flow requirements on the construction of
the Police/Legal Center; now, therefore,
BE E IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF YAKIMA:
A loan of up to $1,050,000 may be borrowed m whole or in part
only at such time as it becomes necessary to complete the project. The
interest rate shall be the Current Maturing Three-year Treasury Note at the
time of each draw, and each draw on the loan shall be repaid with principal
and interest within three years from the borrowing date. Repayment shall
be made from the Law and Justice Capital and General Funds.
ADOPTED BY THE CITY COUNCIL this 22nd day of
November, 1994
C Lt
MAYOR
ATTEST:
Kw1� ,8 /20-eLeA,
CITY CLERK
a.i.a. / p.s.
1320 N. 16 AVE. #C
Yakima, WA 98902
Ph. (509) 248-5020
Fx. (509) 575-3893
November 18, 1994
Mr. Richard Zais, Manager
City of Yakima
129 North Second Street
Yakima, Washington 98901
RECEIVED
NOV 18 1994
YAKIMA POLICE DEPT.
RE: Police Station / Legal Center
Yakima, Washington
Architecture • Associates • A.I.A. / P.S. has contacted the reference sources
submitted to our firm by Cree Construction Co., Inc. including their bonding
company, project owners, project managers and subcontractors who have
worked with them on recent construction projects. The responses received
were very similar and present a consistent profile of the type of construction
firm that they represent.
The references contacted indicated that Cree Construction is a quality firm
that provides a good, finished product. The on-site administration varies in
quality based on the individual superintendent employed by the firm. Cree
Construction does a good job of coordinating their subcontractors and
material suppliers, but is often lax about staying on top of the construction
schedule and submitting updated schedules that accurately represent the
progress of the work.
Cree Construction Co., Inc., by their approach to administration of the
construction project, demands a significant amount of time to respond to
clarifications of the documents, requests of changes in the work, change
orders and items of minor significance. The five construction projects
referenced by Cree Construction did not meet the original construction
schedule for Owner occupancy and were extended two to four months
beyond the original time lines. The reasons for extensions varied from
weather delays to problems associated with unknown site conditions. In
every case, the extensions were justified according to the references
contacted.
Liens were filed on two of the projects. Cree Construction Co., Inc. is
presently in a lawsuit with a subcontractor on another project.
In all cases, the Owners have verified that the responsibility has been the
subcontractor's failure to perform or provide labor and materials as drawn and
specified by the Contract Documents and that Cree Construction has acted
properly on the Owner's behalf. To date, the Owners have not been involved
legally with either the subcontractors or Cree Construction over any disputes
arising from any of the referenced construction projects.
Ron B Cullen, A.I.A. Sherlyn M. Davis, A.I.A. Allen G. Opfer, A.I.A. Richard A. Raab, A.I.A.
November 18, 1994
Mr. Zais
City of Yakima
Page 2
The bonding company, Bush, Cotton, Thompson & Scott, Inc. representing
Cree Construction for the past twenty years, indicates that they are a well
respected construction company and have a bonding capacity of $10 million
for individual projects and $30 million for aggregate projects.
The bonding company has indicated that, to the best of their knowledge,
there are no pending lawsuits to be filed against Cree Construction Co., Inc.
by any Owner for whom their company has been the General Contractor.
Based on the information obtained from the reference sources, Architecture
• Associates • A.I.A. / P.S. recommends that the City of Yakima proceed with
entering into an agreement with Cree Construction Co., Inc. of Lynnwood,
Washington, to construct the new Police Station / Legal Center.
If you have any questions, please contact our office.
Sincerely,
ARCHITECTURE • ASSOCIATES • A.I.A. / P.S.
//
Richard A. Raab, A.I.A.
Pc:
RAR/tic
#92-10 III
Ray Paolella