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