OB - 2016-004 - Confirming the Contracts and Expenditures Related to the Rosemead Skate Plaza Project RESOLUTION NO. 2016-004
A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE
ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION CONFIRMING THE CONTRACTS
AND EXPENDITURES RELATED TO THE ROSEMEAD SKATE PLAZA 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;
NOW, THEREFORE, THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE
ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION HEREBY RESOLVES:
SECTION 1. The Rosemead Successor Agency Oversight Board confirms that the vendors and
professional firms listed below are qualified and capable to provide materials and construction services
necessary to complete the Rosemead Skate Plaza Project.
SECTION 2. That the contract with the following firms shall not exceed the amounts listed in the
table below. If any contract amendments are required, all such changes shall be brought back to the
Oversight Board for review and approval.
TRADE FIRM TOTAL BUDGET
Construction PK Construction $439,300.00
Special Inspection Spohn Ranch, Inc. $ 13,500.00
Soil Testing Willdan $8,520.00
Project Inspection SCB Inspection $ 30,000.00
Project Administration/Staff Time N/A $7,473.00
TOTAL COST: $498,793.00
SECTION 3. Successor Agency staff is directed to submit documents to the Department of Finance
as necessary, including an amended Recognized Obligation Payment Schedule.
SECTION 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 18th DAY OF APRIL 2016
Pat Wallach, Chair
ATTEST:
Curtis Cannon
Successor Agency Staff