BY COUNCILOR REINERT:
RESOLVED, that Resolution No. 06-0773 is hereby amended by substituting Public Document No. ______ for Public Document No. 06-1113-25(a) and by substituting Public Document No. ______ for Public Document No. 06-1113-25(b) to extend the time allowed to provide required preconstruction documentation from February 28, 2007, to May 15, 2007, to extend the time for construction from October 1, 2007, to October 31, 2007, and to terminate the city’s funding obligations if construction is not commenced by May 15, 2007.
STATEMENT OF PURPOSE: The purpose of this resolution is to authorize an extension of time to allow the Duluth Heritage Sports Center (DHSC) and Clyde Industrial Park, Inc., to have until May 15, 2007, to provide preconstruction documentation required by the development agreement and the programming agreement previously approved, to clarify that construction must commence by May 15, 2007, and to extend the completion date to October 31, 2007.
Presently, the agreements, in the form approved by council, would require preconstruction documents, such as approved plans, signed construction contracts, bonds and proof of financing for the project, including the funds for the local match for grant funds, to all be in place on or before February 28, 2007, and further requires that construction commence no later than February 28. While these agreements have not yet been signed, those time lines are included in the agreements as approved for execution by the council.
DHSC has encountered a number of time delays in meeting the accepted time lines which were applicable last November when the form of the agreements was approved and have therefore requested that the time for providing preconstruction documents and for starting construction be extended to May 15, 2007, and for completion to October 31, 2007.
This resolution authorizes substituting new public documents for those previously approved which will reflect these new time frames.