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HomeMy WebLinkAboutDMCC Resolution No. 156-2024 (Approving Criteria for use of Link Bus Rapid Transit Contingency Funding)DESTINATION MEDICAL CENTER CORPORATION RESOLUTION NO. 156-2024 A RESOLUTION APPROVING CRITERIA FOR USE OF LINK BUS RAPID TRANSIT CONTINGENCY FUNDING The following Resolution was offered by R.T. Rybak, seconded by Kim Norton. BACKGROUND RECITALS A. In the 2025 Five Year Capital Improvement Plan (the “2025 CIP”) approved by the Destination Medical Center Corporation (“DMCC”) on September 26, 2024 per Resolution No. 154-2024, the DMCC approved $13,740,000 in general contingency funding (the “Contingency Funding”) for the Link Bus Rapid Transit (“BRT”). The approved Contingency Funding augments existing contingency budgets provided for various portions of the BRT project. As a result of the increase in the Contingency Funding, the DMCC imposed a condition in connection with its approval requiring that “[t]he additional contingency funds of $13,740,000 will be expended based on criteria developed at the direction of the DMCC board and following approval by the DMCC and City staff made prior to use.” B. Staff of the City of Rochester (“City”) and the Destination Medical Center Economic Development Agency (“EDA”) have developed criteria for the preservation and use, approval, and reporting of the Contingency Funds, including anticipated expenditures, which are attached as Exhibit A (the “BRT Contingency Criteria”). C. Staff of the City and the EDA now request that the DMCC approve the BRT Contingency Criteria. RESOLUTION NOW, THEREFORE, BE IT RESOLVED, by the DMCC Board of Directors that the DMCC approves the BRT Contingency Criteria; provided, that: 1. The scope of approval for the BRT Contingency Criteria is set forth in the attached Exhibit A. 2. Any modification to the BRT Contingency Criteria will be subject to subsequent approval by the DMCC. BE IT FURTHER RESOLVED, that the Chair and Treasurer are hereby authorized and directed to transmit this Resolution to the City and to take such actions as are necessary or convenient to effectuate this approval and finalization of the BRT Contingency Criteria. 30177358v2 The question was on the adoption of the Resolution and there were YEAS and NAYS,as follows:--- BOARD OF DIRECTORS Destination Medical Center Corporation YEA Douglas M.Baker,Jr. Brooke Carlson Kim Norton R.T.Rybak Mark Thein Pamela Wheelock Paul D.Williams RESOLUTION DOPTED on December 5,2024. amela Wheelock,Chair Destination Medical Center Corporation NAY OTHER 7 0 X X X X X X X 2 1 EXHIBIT A 2 Destination Medical Center To: DMCC Board of Directors From: DMC EDA Date: November 26, 2024 RE: Proposed Criteria for the Use of Link Bus Rapid Transit Contingency Funding The 2025 DMC Capital Improvement Program (CIP) includes $13,740,000 in general contingency funding for the Link Bus Rapid Transit (BRT) project sourced from DMC transit aid. This stand-alone contingency budget augments existing contingency budgets that are assigned to various elements of the BRT project. Because of this increase in the project budget, the DMCC required that “(t)he additional contingency funds of $13,740,000 will be expended based on criteria developed at the direction of the DMCC board and following approval by DMC and City staff made prior to use.” This memorandum describes proposed criteria for the preservation and use, approval, anticipated expenditures, and reporting of contingency funds. 1.Preservation and use of contingency funds. Contingency funding allocated to various elements of the BRT project should serve as the first source of funding for immediate project needs, with stand-alone contingency funding as a “replenishment” source if needed. Additionally, staff understand that it is the preference of the DMCC board of directors to complete the BRT project without expending stand-alone contingency funds if possible. Careful management of the project budget may permit these DMC transit funds to be reallocated to other transit initiatives following the close-out of this project. 2.Contingency use approval. Prior to the expenditure of the stand-alone contingency funding, the BRT project team should report to the DMCC board of directors on the status of the project budget, including the use of other contingency budgets, and the necessity to use stand-alone contingency funding. If the use of contingency funding is approved by the DMCC, City staff may proceed to negotiate individual project change orders. 3.Anticipated expenditures. If the use of stand-alone contingency funds is recommended, staff anticipate that expenditures will generally be related to: 1) project elements that are deemed necessary for the project to continue, 2) are intended to provide for project optimization, 3) or serve to mitigate the impact of construction through “Business Forward” strategies: i.Necessary: Necessary change orders will detail scopes of work that are required to complete the project’s stated purpose as approved by the DMCC. Such change orders typically involve work needed to address time-sensitive and unforeseen field conditions, or adjustments with adjacent public infrastructure or private property to ensure a fully functional, resilient, and high-quality project. For necessary change orders, staff would propose a per-order expenditure limit of $350,000. 3 Destination Medical Center ii. Optimization: Optimization change orders will detail scopes of work that are intended to improve the project and long-term public experience beyond what was described in the as-awarded project scope of work. Such change orders typically involve work that is intended to improve the user experience, decrease long-term operating and maintenance costs, or leverage construction activity to make other timely and prudent infrastructure improvements. For optimization change orders, staff would propose a per- order expenditure limit of $150,000, with the aggregate total of optimization change orders not to exceed $2,000,000. iii. Business Forward: Business Forward change orders will detail scopes of work that are intended to reduce the impact of construction on individuals and properties in proximity to project construction activities through improved project phasing, communications, and programming/activation. For Business Forward change orders staff would propose an aggregate total not to exceed $750,000. 4. Reporting. Whether stand-alone contingency funding is approved for use or not, City project management staff shall provide a written BRT project update at each regular DMCC board of directors meeting. The update will detail: i. Any factors that may impact the on-time completion of the project, such as construction or procurement delays ii. Upcoming project milestones iii. Any factors that may impact the on-budget completion of the project iv. A summary of all project change orders to include, at minimum, the approval date, scope of work, and amount of the change order v. The status of project funding, to include any use of the contingency funding allocated to specific project elements, including: 1. Guideway and Track Elements 2. Stations, Stops, Terminals, Intermodal 3. Support Facilities: Yards, Shops, Admin. Buildings 4. Sitework & Special Conditions 5. Systems 6. Right-of-Way, Land, Acquisition Costs 7. Business Forward engagement and construction mitigation 8. Professional Services vi. Additional foreseeable uses of contingency funding 4