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City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br />(305) 947 -0606 City Hall <br />(305) 949.3113 Fax <br />MEMORANDUM <br />TO: The Honorable Mayor and City Commission <br />VIA: Christopher J. Russo, City Manager <br />FROM: Bill Evans, Assistant City Manager <br />DATE: 4/18/2013 <br />RE: A Resolution Approving a Construction Change Order #8 <br />through #12 to Agreement with Shoreline Foundation, Inc. for <br />the Newport Pier Project. <br />RECOMMENDATION: <br />We recommend the City Commission approve the attached Resolution <br />REASONS: <br />The City has a tax incentive program in place which allows the City to recognize <br />additional savings after construction projects have been awarded to a contractor. <br />The savings are recognized when the City purchases materials directly from the <br />subcontractor on behalf of the contractor for the benefit of the public project. The <br />City is exempt from paying tax, where the contractor is not. The authority to <br />make these purchases is under the master contract. As a result of these direct <br />purchases, the City prepares a deductive change order (for the gross amount) to <br />recognize the decrease in direct contractual obligation to the vendor. Attached <br />includes deductive change orders #8-12 for a total of $273,808.32, the City <br />recognize a savings on these change orders for $15,734.43. <br />ADDITIONAL INFORMATION: <br />Attached is a recap of the Shoreline Contract. <br />ATTACHMENTS: <br />• Contract Summary <br />• Resolution <br />• Change Orders . <br />Aeenda Item No IOE <br />Nate 3/182013 <br />119 <br />