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Estudillo Callan Parking Garage, Award 4 September 20, 2010 for mixed use development. Existing retail sites in the project areas will be more likely to thrive economically given the presence of increased parking opportunities for their customers and employees. The 2004 -2009 Redevelopment Agency Implementation Plan specifically calls for the expansion and seismic retrofitting of the Estudillo Callan Parking Garage to provide for increased parking for downtown businesses and customers. The Redevelopment Plans of the Plaza (Sections 1.12.030 and 1.32.020) and Joint (Section 2.04.050.4) Project Areas both call for the construction of parking facilities. Award of Contract for Construction of the Estudillo Callan Parking Garage Bids were opened on August 25, 2010. Three bids were received with Base Bids for a 4 -level garage ranging from 57,880,000 to 58,886.345; the engineer's estimate was $8,582,000. Base + Alternate Bids for a 5 level ranged from $9,160,000 to 510,256,845; the engineer's estimate was $10,135,000). Webcor Construction is the lowest responsible bidder for both the Base Bid and the Base + Alternate Bid. Staff has also verified that the Contractor is in good standing through the Contractors State License Board's website. The Fiscal Year 2008 -09 Capital Improvement Project Budget included $13 million in funding for the Estudillo Callan Parking Garage. However, the Redevelopment Agency's financial situation has changed in the past two years due to the State's take of over 55.3 million in FY 2009 -10 and FY 2010 -11 and a decrease in the Joint Project Area's assessed property value. Staff is therefore recommending construction of the 4 -level parking garage project. The revised estimated cost for the project is 511.4 million which includes design, construction, overhead and permit costs. Although sufficient funds have been allocated to the Project, staff recommends that 5500,000 be allocated from the $1 million currently identified in Plaza Project Area Fund Balance for Town Hall Square. This recommendation is due to the severity of the Joint Project Area's financial situation and will assist the Joint Project Area in meeting its other obligations. Additionally, the garage provides a direct benefit to the proposed Town Hall Square development in the Plaza Project Area. Current City Council/Redevelopment Agencv Policy • To promote and revitalize the downtown area • Elements of this project were taken from the City Council San Leandro/BART Area Revitalization Strategy, as well as the Downtown Plan and Urban Design Guidelines • The San Leandro Redevelopment Agency 2004 -2009 Implementation Plan includes the expansion and seismic retrofit of the 2 -level Estudillo Callan Parking Garage downtown with a goal of providing increased parking for downtown businesses and customers • TOD Strategy includes the development of centralized parking facilities that contribute to pedestrian activity Redevelopment Agencv Action(s) • On May 19, 2008, by Resolution No. 2008 -013 RDA the Board approved a Contractual Services Agreement with Walker Parking Consultants to provide design services for the subject project