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HomeMy WebLinkAbout09/13/1988, 4-B&C - UPDATE ON CITY/COUNTY LIBRARY AND MARSH STREET PARKING STRUCTURE TING �N�IWlllll�llfl��llulll Cly O f San Luis OBISPO *By:C. aveno Il�u� 3,a1988 AM BERI COUNCIL AGENDA REPORT FROM:Dave Romero, Director , Wayne Peterson Prepared Public Works Dept.: City Engineer Parking Consultant SUBJECT: Update on City/County Library and Marsh Street Parking Structure DISCUSSION: CITY/COUNTY LIBRARY The City/County Library is nearing 70% completion. Significant events which have occurred recently include removal of several old underground fuel tanks on County property, which probably once were used for heating all old courthouse buildings. These were encountered when the piping for the heating system was being installed in Osos Street. Because the tanks were on County property, County funds were used to pay for their removal. Although Osos Street was closed to through traffic for nearly a month while removal occurred, no delays to the project schedule resulted from this work. The construction is expected to be completed by December and the library opened in January. At present, funds available on the project budget are adequate to cover anticipated costs of completion. MARSH STREET PARKING STRUCTURE Plans for the Marsh Street Parking Structure have been returned from the first plan check and project architects are currently revising plans in response to concerns noted in the review process. It is anticipated that the revised plans will be resubmitted within 6 weeks and ready to go out to bid in November. Award of contract for construction expected in January. Construction was previously planned for late summer or early fall of this year. However because of the complexity of the design of the building, and the indepth review of plans by City staff, the process has taken longer. Staff has met with representatives of Riley's and other downtown businesses. All questioned agreed that construction to begin after Christmas of 1988 would benefit them. If construction proceeds quickly after the first of the year, it is possible that some space in the structure could be made available to the general public prior to the following Christmas (1989) . Estimated costs of construction of the structure presently exceed planned expenditures by about $300, 000. Plan revisions will likely alter this further and some refinements to the project design may be needed to reduce costs. Another cost estimate will be prepared after plans are revised. Staff also is evaluating other potential sources of revenue within the parking fund, in the event that costs exceed money available from the bond issue which is financing this project. libra n havens ���M�►�ii�►IIIIII�PI�IIU city of san tins oBispo COUNCIL AGENDA REPORT By mutual agreement (City and Riley's) , Riley's will be allowed to operate their parking lot at Chorro and Marsh until The City needs the property for construction. Riley's has an informal right of first refusal for the retail space in the new structure and has always been interested in using the space. Consequently, acquisition agreements have been linked with lease agreements. Recent meetings with representatives of Ford's (owner of Riley's) have raised questions about whether Riley's will take the retail space in the structure. We are now in the process of restructuring the acquisition and lease agreements so that when we are ready for the property we can get it, whether or not Riley's wants the retail space. We hope to own the property when we go to bid in October or November. TR:mp 07P— U� C