Request for Proposals No. 22-062 to
Design-Build-Finance-Operate-Maintain
CITY OF RIALTO
A New Police Station
Council Presentation | November 15, 2022
in association with
New Rialto
Police Station
2 Buildings
+
Surface Parking
Police Headquarters Bldg
40,000 SF, 2-story
Support Building
17,000 SF
257 parking stalls
232 secure +
25 visitor
Annex Site
continued used for
Property & Evidence
N
Developer
Finance and Asset Management Partner
Architecture and Engineering
Development Management
General Contractor
Property Manager
Architects in Public Safety
THE SAME TEAM THAT SUCCESSFULLY
DELIVERED:
Salinas Police Services Headquarters
Salinas, CA
• Design Build Finance Operate Maintain P3 Approach
• 42,300 SF Police Headquarters Building
• 28,500 SF Support Building
• $51 million (in $2020)
• Completed and Began Operations in 2020
HEADQUARTERS BUILDING
1ST FLOOR (20,000 SF)
• Lobby
• Patrol, Sallyport
• Duty Bags, Open Locker Area
• Fitness
• Multi-purpose Room
• Records Unit
2nd FLOOR (20,000 SF)
• Office of the Chief
• Admin
• Staff Breakroom
• Community Services Bureau
• Investigations, Narcotics, Street Crime, Traffic, Crime Analysis
• Technical Support, Communications
SUPPORT BUILDING
• Firing Range
• Swat
• Personnel & Training
• Special Operations
• K-9
EXISTING
• Operational
during
construction
• Demolished at
completion of
new
NEW
CONCEPTUAL OVERALL COST & SCHEDULE
BUDGET ESTIMATE Total
Construction (Hard) Costs $53,466,269
Soft Costs $14,238,161
Total ($2022) $67,704,430
Phase 1: Predevelopment (Actual)
Phase 2: Development (Estimate)
$4.3 million
$63.4 million
SCHEDULE
1) Predevelopment Phase
• 11 months, November ’22 through October
‘23
• Finalize Program, Design, to Guaranteed
Maximum Price (GMP)
2) Development Phase
• 19 months construction of new police
facilities
• Move-in to new HQ in 30 months (April 2025)
(11 months predevelopment plus 19 months construction of new) • 5 months demolition of existing police
facilities
OVERVIEW: PROPOSED DBFOM TRANSACTION
• Collaborative programming, design (schematic design & design development), and approvals • Guaranteed Maximum Price (GMP) on Total Project Costs; City approved scope & budget • Fully transparent, prevailing wage, trades competitively bid, completely open book subject to the City’s audit • Cost savings are passed through to the City
• Flexible operations and maintenance customized to City’s and Police Department’s needs • Operational cost savings are passed through to the City • Private operators / asset managers with experience operating the Salinas PD under the same model Fully transparent, open book process subject to City audit throughout, with City off ramps and government protections PRE-
DEVELOPMENT
1 • Completion of 100% Construction Documents, completion of construction • Shall include a Project Labor Agreement (PLA)
• Lease, leaseback transaction: co-terminus Ground Lease (30 Yr) and Facility Lease (30 Yr) • Tax-exempt bond financing (privately issued) on total project costs • Ownership transfers to the City at the end of the lease term at no additional cost • At any time during the lease, City refinance/defease the bonds and assume ownership at no additional cost • Cost savings are passed through to the City
DEVELOPMENT
2 FLEXIBLE
O&M
3 P3 FACILITY LEASE PROPOSAL - CONCEPTUAL
Elements of City’s Lease Payment Total $/SF/Yr $/SF/Mo
Debt Service 2 4,740,729 83.17 6.93
Operating/Management Costs 3 1,307,097 22.93 1.91
Maintenance Reserve 4 57,000 1.00 0.08
Total $6,104,826 $107.10 $8.93
Notes:
1 The base lease rates presented in this proposal are conditioned upon all of the qualifications, assumptions, and schedules as set forth therein. 2 Based on detailed tax-exempt bond financing projects utilizing interest rates at the time of proposal (i.e. total interest costs, avg 4.5% as of July 21 2022) and 63-20 bond financing structure. Actual bond pricing will be established at the time of financing.
3 Operating/Management cost estimates are based on actual estimates of operating costs for a similarly sized California police station, including utilities and insurance. The estimate provided is reflective of the initial year’s costs in today’s dollars. City’s modified lease rate will reflect actual costs in the then current year. 4 The maintenance reserve includes general upkeep, repairs, and upgrades (paint, roof repairs, HVAC and elevator maintenance, e tc.) and does not include major 10/15-year capital improvements/replacements such as new building systems.
OVERVIEW: PROPOSED DBFOM TRANSACTION
• Collaborative programming, design (schematic design & design development), and approvals • Guaranteed Maximum Price (GMP) on Total Project Costs; City approved scope & budget • Fully transparent, prevailing wage, trades competitively bid, completely open book subject to the City’s audit • Cost savings are passed through to the City
• Flexible operations and maintenance customized to City’s and Police Department’s needs • Operational cost savings are passed through to the City • Private operators / asset managers with experience operating the Salinas PD under the same model Fully transparent, open book process subject to City audit throughout, with City off ramps and government protections PRE-
DEVELOPMENT
1 • Completion of 100% Construction Documents, completion of construction • Shall include a Project Labor Agreement (PLA)
• Lease, leaseback transaction: co-terminus Ground Lease (30 Yr) and Facility Lease (30 Yr) • Tax-exempt bond financing (privately issued) on total project costs • Ownership transfers to the City at the end of the lease term at no additional cost • At any time during the lease, City refinance/defease the bonds and assume ownership at no additional cost • Cost savings are passed through to the City
DEVELOPMENT
2 FLEXIBLE
O&M
3 • Approve the Selection of Griffin | Swinerton and Team to Design-Build-Finance-Operate- Maintain a New Police Station Pursuant to Request for Proposals No. 22-062 • Approve the Pre-Development Agreement with budget of $4,227,190 • Authorize the City Manager to Execute All Documents
TODAY’S CONSIDERATION:
in association with
Thank You!
Questions?