OB - 2014-0003 - Award of Contract for Furniture, Fixtures and Equipment for the Rosemead Community Recreation Center Improvement ProjectRESOLUTION NO. 2014 -0003
A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO
THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION CONFIRMING THE
AWARD OF CONTRACT FOR FURNITURE, FIXTURES AND EQUIPMENT FOR THE
ROSEMEAD COMMUNITY RECREATION CENTER IMPROVEMENT PROJECT
WHEREAS, THE Rosemead Successor Agency received the Finding of Completion
on April 18, 2013 from the Department of Finance; and
WHEREAS, the Finding of Completion states that the Rosemead Successor Agency
may utilize proceeds derived from bonds issued prior to January 1, 2011 in a manner
consistent with the original bond covenants per Health and Safety Code section
34191.4(c); and
WHEREAS, the Rosemead Successor Agency is holding approximately $7.1 million
in bond proceeds derived from bonds issued prior to January 1, 2011 for Capital
Improvement Projects identified in the bond covenants; and
WHEREAS, the Rosemead Successor Agency will be required to provide oversight
of the completion of the Capital Improvement Projects to ensure compliance with the
bond covenants; and
WHEREAS, the approved Capital Improvement Projects have been included on
each Recognized Obligation Payment Schedule filed by the Rosemead Successor
Agency; and
NOW, THEREFORE, THE OVERSIGHT BOARD FOR THE SUCCESSOR
AGENCY TO ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION HEREBY
RESOLVES:
1. The Rosemead Successor Agency Oversight Board confirms that the contractors
listed below are qualified and capable to provide furniture, fixtures, and
equipment for the Rosemead Community Recreation Center Improvement
Project.
2. That the contract with each contractor shall not exceed the price of the bid plus
ten (10) percent, as listed in the table below. If any contract amendments are
required in excess of this amount, then all such changes shall be brought back to
the Oversight Board for review and approval.
Trade
Firm
Total Budget
Furniture and Fixtures
GM Business
Interiors
$ 84,015.86 *
Technology Equipment
Various
$ 40,000.00 *
Total Cost $ 124,015.86
*Includes 10% contingency.
3. Successor Agency staff is directed to submit documents to the Department of
Finance as necessary.
4. Successor Agency staff is directed to provide a copy of this Resolution to the
County Auditor - Controller, the State Controller's Office and the State Department
of Finance.
PASSED, APPROVED AND ADOPTED THIS 19t' DAY OF February, 2014.
Oat WaIIA4
ATTEST:
Matthe41-lawkeAvorth
Successor Agency Staff
HEREBY CERTIFY that the above foregoing resolution was duly passed and adopted by the Oversight
Board for the Successor Agency to the Rosemead Community Development Commission at its regular
meeting on the 19 day of February 2014, by the following vote, to wit:
Ayes: Allred, Jones, Redondo - Churchward, Sotelo,
Noes: None
Absent: Lash, Miller, Wallach
Abstained: None
f
Matl ew E. H wkesworth
Successor Agency Staff
Assistant City Manager