Items Types:
Community Redevelopment Agency (CRA)
For Meeting of:
November 17, 2014
District: ALL From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : Yes Draft Only: No
Grant Received by City?: No

Amendment No. 7 to Orlando Performing Arts Center Agreement

The CITY, CRA and the Dr. Phillips Center for the Performing Arts, Inc. a Florida non-profit corporation formerly known as the Orlando Performing Arts Center Corporation (DPC) previously entered into the Orlando Performing Arts Center Agreement dated June 20, 2007, as amended (the “Agreement”) setting forth the Parties’ agreement relating to the funding, design, construction, development, operation, maintenance and repair of a new performing arts center in downtown Orlando (the “Center”). Amendment No. 7 provides that DPC will be reimbursed up to an additional $751,067.99 from project construction funds for additional costs of Owner's Representative services as a result of the extension of the estimated completion date of Stage 1 of the PAC.  The increased funding will result in less project construction funds available for Stage 2.

Fiscal & Efficiency Data: See Attached Fiscal Impact Statement

Recommended Action:
Approval of Amendment No. 7 and authorization for the Chairman and Executive Director to execute same, subject to review by the City Attorney's Office

Agenda Item attachment(s) on file in the City Clerks Office.

Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.

Contact: Wesley Powell
Approved By:

Department Date and Time
Budget Outside Routing Approval 11/6/2014 1:56 PM
Budget Outside Routing Approval 11/6/2014 1:56 PM
Real Estate and Finance Attorney 11/6/2014 3:03 PM

Name: Description: Type:
FIS-OR_Services_DPAC_Amendment_7.doc FIS - Amend. No. 7 to DPAC Agreement Backup Material
CRA_-_Amend._No._7_to_DPAC_Agreement_Final_11.17.14_Council.doc Amend. No. 7 to DPAC Agreement Backup Material

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