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ORD NO 16-2015 CITY OF VAN BUREN,ARKANSAS ORDINANCE NO 1(0 -2015 BE IT ENACTED BY THE CITY COUNCIL,FOR THE CITY OF VAN BUREN, ARKANSAS,AN ORDINANCE TO BE ENTITLED. AN ORDINANCE TO AMEND ORDINANCE NO. 8-2015 FOR THE PURPOSE OF DEMOLITION AND REPAIRS TO THE FIELD OF DREAMS SPORTS COMPLEX; DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES. WHEREAS, the City of Van Buren has contracted with Crawford Construction Company of Van Buren for demolition and repairs to the Field of Dreams Sports Complex(Ordinance No. 8-2015) in the amount of one hundred thousand dollars($100,000.00); and WHEREAS, current estimate of repairs to the Complex from Crawford&Company,the insurance adjustor for the Municipal League Property Program is $300,505.63; and WHEREAS, FEMA has approved funding of repairs in the amount of$132,007.80. NOW,THEREFORE,BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN,ARKANSAS: SECTION 1: The Mayor and City Clerk are authorized to expend up to three hundred thirty-two thousand five hundred thirteen dollars and forty three cents ($332,513.43)of Capital Improvement Funds for demolition and repairs. SECTION 2: Due to the need to make payments to the contractor, an emergency is hereby declared to exist and this Ordinance shall be in full force from and after the date of its passage and approval. IN WITNESS WHJREOF, the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt,by a vote of for and 0 against,the foregoing Ordinance at its regular meeting held on the 19"'day of October 2015. 11.11I Robert D. Mayor ATTESTED: APPR ED A 0 FORM:144' . . I __ � • .' Barbie Curtis andice A. Settle City Clerk/Treasurer City Attorney i1 I 4a Crawford &Company Crawford 104 Business Park Dr.Suite B Ridgeland, 1 9 MS 3 57 Email:Hunter Schroeder@us.crawco.com Recap by Category with Depreciation O&P Items RCV Deprec. ACV ACOUSTICAL TREATMENTS 455.43 10.74 444.69 CABINETRY 9,370.04 575.64 8,794.40 CLEANING 2,531.56 2,531.56 CONTENT MANIPULATION 427.60 427.60 GENERAL DEMOLITION 20,548.77 20,548.77 DOORS 3,125.70 90.88 3,034.82 DRYWALL 8,514.41 72.50 8,441.91 ELECTRICAL 15,243.75 93.34 15,150.41 FLOOR COVERING-CARPET 11,789.53 4,771.95 7,017.58 FLOOR COVERING-VINYL 966.59 43.93 922.66 FENCING 43,272.68 5,743.99 37,528.69 FINISH CARPENTRY/TRIMWORK 4,788.24 24.50 4,763.74 FINISH HARDWARE 948.20 53.75 894.45 FRAMING&ROUGH CARPENTRY 6,829.13 133.27 6,695.86 HEAT, VENT&AIR CONDITIONING 32,734.35 5,469.28 27,265.07 INSULATION 4,468.05 84.32 4,383.73 PANELING&WOOD WALL FINISHES 1,187.20 16.32 1,170.88 PAINTING 8,525.92 884.89 7,641.03 SIDING 3,941:46 201.13 3,74033 USER DEFINED ITEMS 1.28 1.28 WINDOWS-ALUMINUM 474.88 474.88 WATER EXTRACTION&REMEDIATION 4,070.97 4,070.97 O&P Items Subtotal 184,215.74 18,270.43 165,94531 Non-O&P Items RCV Deprec. ACV CONTENT MANIPULATION 31,427.00 3,191.35 28,235.65 ELECTRICAL 33,39632 2,072.08 31,324.24 USER DEFINED ITEMS 1,728.35 1,728.35 Non-O&P Items Subtotal 66,551.67 5263.43 61,288.24 O&P Items Subtotal 184,215.74 18,270.43 165,94531 Material Sales Tax 8,053.53 8,053.53 Cleaning Matl Tax 36.86 36.86 Overhead 19,113.71 19,113.71 Profit 19,113.71 19,113.71 Service Sales Tax 3,420.41 3,420.41 Total 300,505.63 23,533.86 276,971.77 CITY_OF VAN_BUREN 9/21/2015 Page:20 (fiG4 Crawford& Company Crawford 104 Business Park Dr.Suite B Ridgeland,MS 39157 Email:Hunter_Schroeder@us.crawco.com Summary for Building & Contents Line Item Total 250,767.41 Material Sales Tax 8,053.53 Cleaning Matl Tax 36.86 Subtotal 258,857.80 Overhead 19,113.71 Profit 19,113.71 Service Sales Tax 3,420.41 Replacement Cost Value $300,505.63 Less Non-recoverable Depreciation <23,533.86> Actual Cash Value $276,971.77 Less Deductible (100,000.00) Net Claim $176,971.77 Hunter Schroeder CITY_OF VAN BUREN 9/21/2015 Page: 18