Laserfiche WebLink
City of Tukwila My WebLink |HelpSearch Tips |About |Sign Out
2. Public Safety Plan Financial Overview <br />The Committee reviewed a report of all Public Safety Plan revenues & expenditures through <br />March 2018. Total actual revenues through March 31 are $38,538,348.00 from the voter - <br />approved bond, fire impact fees, and investment interest. Actual expenditures through <br />March 31, 2018 are $5,341,877. Staff distributed a document showing the expenditure <br />details, including vendors, descriptions and amounts by project. The Committee also <br />reviewed an updated list of Public Safety Plan contracts. <br />VII. Miscellaneous <br />Staff asked the Committee if they would be interested in convening in July, and the Committee <br />agreed. The City will have updated information on project budgets to share at that time. Staff will <br />follow up with a scheduling poll. <br />Mr. Coplen commented that the City should avoid change orders in all Public Safety Plan <br />construction projects. Staff replied that the GC/CM model of construction provides more predictable <br />project budgets because the architect and contractor make budget decisions together at the point <br />of schematic design. Mr. Reiswig commented that the market conditions causing the budget gap are <br />a regional problem impacting many industries and cost escalations are unpredictable. <br />VIII. Adjournment <br />Mr. Coplen moved adjournment and Mr. Castillo seconded the motion. The motion carried and the meeting <br />was adjourned at 6:27 p.m. <br />Minutes by LH, Reviewed by PM <br />4 <br />