Title
AUTHORIZE THE CHAIRMAN TO EXECUTE A REAL ESTATE PURCHASE CONTRACT FOR THE IRS BUILDING AND AUTHORIZE THE ADDITION OF A CIP PROJECT TO ACQUIRE AND RENOVATE THE IRS BUILDING TO HOUSE MABCD, MAPD, THE MAIN TAG OFFICE, AND OTHER COUNTY DEPARTMENTS.
Presented by: William P. Buchanan, County Manager.
RECOMMENDED ACTION: Authorize the Chairman to execute a real estate purchase contract for the IRS building and authorize the addition of a 2014 CIP project to acquire and renovate the IRS building.
Body
The County has plans in the recommended 2015 budget and CIP to obtain office space to house the MABCD and a new main tag office, funding each project with bond proceeds. An opportunity has arisen to acquire the IRS building, and it provides adequate space to serve both of those purposes as well as provide office space for some county operations currently housed in leased space. Thus, funding currently budgeted to make lease payments can be diverted to pay a portion of the debt service on the planned bond issue.
The building consists of 92,372 square feet of usable space, including 78,446 square feet of space that could be occupied and 13,926 square feet of common area space. Proposed uses of the occupied space include:
MABCD 21,030 sq ft
MAPD 17,205 sq ft
Appraiser 21,961 sq ft
Environmental resources 3,405 sq ft
Sheriff prof. stds. unit 845 sq ft
Tag office 14,000 sq ft
The negotiated cost of the building purchase is $5,000,000. The total project budget is $13,855,000, consisting of the following elements:
Acquisition $5,000,000
Construction $6,316,896
Architect $505,352
Furnishings $1,297,695
Other costs $103,367
Contingency $631,690
Total project $13,855,000
The two projects in the recommended 2015 CIP and capital budget that would be replaced by this project are the MABCD/MAPD one stop shop building ($11,343,603) and the new tag office ($2,695,273). The combined cost of these projects is $14,038,876.
Alternatives: Reject the purchase an...
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