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From: ELYN LYON <br />To: BWasson, SDerting <br />Date: 1122/98 8:55am <br />Subject: Reduction in Administrative Fees for Courthouse Square Construction <br />The 1997/98 Courthouse Square Construction budget totaled $12,105,588 which included General Services Admin <br />Fees of $25,121 and Management Services Admin Fees of $52,910. YTD GSA has collected $12,560.52 and <br />Management Services collected $26,455.02. If we were to estimate the total expenditures for the project in FY <br />97/98 to be $1.5M the admin fees for GSAwould be $3,135 and MSA$6,603. <br />I propose we request Fiscal Services to refund the project $9,425.52 for GSA and $19,852.02 for MSA and stop all <br />cyclic billings for the rest of the fiscal year effective January 98 upon approval from the County Administrator. <br />If this were approved, then I would guess we need to prepare a supplemental budget request to make the <br />adjustments to close the fiscal year. <br />I do not know if it would be appropriate to request adjustments in Fiscal Services and liability premium charges. <br />Those two items total $5,000 for the whole fiscal year. <br />If we agreed to some large payments for services already rendered I must monitor the cashflow very carefully and if <br />this adjustment were in place it is one less ftem to track. <br />CC: KRoudybush, RCUrtis, EHorton, SMorrison <br />