Memorandum
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This memorandum discusses actions related to the 9375 - Market Street Garage Improvements Project, including a recommendation to increase the construction contingency from 15% to 34% and amend the Fiscal Year 2026-2027 budget. The additional funding is necessary for unforeseen costs related to hazardous material abatement, electrical work, and structural modifications. The project is currently under construction with substantial completion expected in June 2026, and the installation of the illuminated art façade is now scheduled for January 2027.
Key points
- The construction contingency for the project is recommended to increase from 15% to 34%.
- The total project cost has increased from $10.2 million to $12.0 million.
- The project is located at 45 N Market St in downtown San José.
- The scope includes installation of a new illuminated art façade and various structural repairs.
- Substantial completion of the project is anticipated in June 2026.
- Installation of the illuminated art façade is now scheduled to begin in January 2027.
Limitations
- The document contains placeholders and unresolved sections, such as specific budget references and dates.
- The text indicates that the memorandum is part of a council agenda but does not clarify the final status of the recommendations.
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