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Contract Agreement will require a Professional Services Agreement amendment in an amount <br /> not to exceed $25,000 for this task. Adequate funds are available for this amendment within <br /> the Southern Branch Library Capital Project. <br /> Southern Branch Library - Estimated Project Activity Timeline <br /> This estimated timeline for the development, construction, and operation of the potential <br /> Southern Branch Library is as follows. A conservative 4-6 month contingency interval is <br /> reasonable for planning purposes and process delays. Bolded activities signify Board of <br /> County Commissioner actions. <br /> Event Estimated Completion Date <br /> Board of County Commissioners Action: October, 2014 <br /> Approval of Letter of Intent between Orange County and Main <br /> Street <br /> Board of County Commissioners Action: December, 2014 <br /> Approval of Contracts with Main Street <br /> Board of County Commissioner Action: April, 2015 <br /> Designer, Construction Manager at Risk firms selected <br /> through the RFQ process <br /> Carrboro CUP process (est. 9 months) September, 2015 <br /> Board of County Commissioners Action: November, 2015 <br /> Design approval; <br /> Authorization to finalize construction documents and solicit <br /> Guaranteed Maximum Price; <br /> Regulatory review & construction permitting; <br /> Acceptance of LGC financing review and approval <br /> Board of County Commissioners Action: April, 2016 <br /> Approval of Guaranteed Maximum Price <br /> Project construction & systems commissioning (est. 8 months) December, 2016 <br /> Board of County Commissioners Action: February, 2017 <br /> Condominium Declarations Recorded; <br /> Conversion of Ground Lease to Condominium Interests <br /> Library Occupancy; February, 2017 <br /> Library operations start-up <br /> Opening April, 2017 <br /> Jeff Thompson reviewed the letter of intent. He said the bolded items on the above <br /> timeline represent decision points for Board action. He reminded the Board that library <br /> programming and space planning will not begin until after contract negotiations have been <br /> completed. <br />