Item Coversheet

Mountain View Whisman School District

Agenda Item for Board Meeting of 6/2/2022

Agenda Category:  REVIEW AND ACTION

Agenda Item Title:  Second Amendment to Reimbursement Agreement between MVWSD and Mountain View Owners LLC for District Employee Housing Project (30 minutes)

Estimated Time: 

Person Responsible:  Dr. Ayinde Rudolph, Superintendent 


The master contract that would set the Guaranteed Maximum Price (GMP) and provide sufficient assurances to Palisade Builders, Inc. (Palisades) so Palisade could lock in the pricing with subcontractors.


The Second Amendment clarifies that the GMP would, instead, be payable by the District directly to Palisade.


Final agreement will be brought at Board of Trustees meeting.


Fiscal Implication:

Recommended Action: 
It is recommended that the Board of Trustees approve the Second Amendment to the Reimbursement Agreemernt, as presented.