HomeMy WebLinkAbout(0127) Future City Hall - Funding Breakdown and Sources 11-10-21.pdfM
1 Council Chambers Building
2 Floor Buildouts and Improvements
3 Parking Structure Addition
4 ITS, AV, and Security Elements
5 Building Infrastructure and Major Maintenance
6 Furniture, Fixtures, Equipment and Moving Costs
Subtotal
7 Contingency (15%)
8 Building Purchase and Purchase Support Services
Total Program
*Item 2 Includes:
7 full floor renovations to accommodate higher occupancy and flexible working
2 half floor renovations and full floor designs to accommodate higher occupancy and eventual expansion by City
3 "as is" floors with layouts compatible with select City departments to reduce cost
3 common use floors with minimal structural updates and slated aesthetic updates
$16,737,50
$35,434,78
$19,230,00
$12,135,00
$2,328,50
$10,500,00
$96,365,78
$14, 643,15
$69,500,00
$180,508,94
D
2021 A Tax Notes $ 100,000,000
ARPA $ 15,000,000
PEG (Public, Educational, and Governmental Broadcast) $ 8,500,000
Operational $ 2,000,000
Unfunded* (Proposed Debt Issuance) $ 55,502,533
City Owned Building Sales $ 19,400,000
Future City Hall Lease Revenue (5 year total) $ 15,000,000
City Leased Space Cost Reduction (5 year total) $ 5,500,050
Other City Owned Building Maintenance Cost Reduction (5 year total) $ 5,000,000
After review of the overall planning ROM budget for the program at this
point, the following funding sources have been identified:
• 2021 A Tax Notes:
• Council Chambers New Build
• Building Physical Security
• Building Infrastructure Updates
• Original Building Purchase
• ARPA (Technology For City Buildings)
• Building ITS, Network, and IT Security Updates
• Building AV and Video Conferencing Updates
• PEG (Public, Educational, and Governmental Broadcast)
• Meeting Broadcast IT, AV, and Infrastructure
• Closed Circuit Broadcast Support
• Operational
• Physical Moves and Support
• Unfunded
• Building Floor Renovations for City Growth and Collocation
• Public Service One Stop Shop Floor
• Parking Garage Augmentation to Accommodate Growth