Board of Airport Commissioners

RESOLUTION NO.      - Settlement Agreement, including a First Amendment to Contract DA-5322 with LA Gateway Partners:  Covering the Landside Access Modernization Program’s Consolidated Rent-A-Car Facility Project at Los Angeles International Airport, and associated change orders, to settle various Relief Event Claims pursuant to the terms outlined in the staff report \nPURPOSE: LA Gateway Partners is the developer under the design-build-finance-operate-maintain agreement for the Landside Access Modernization Program's Consolidated Rent-A-Car Facility Project. LA Gateway Partners has submitted various Relief Event Claims where Los Angeles World Airports and LA Gateway Partners have disagreed on the merit of these claims. The parties have been negotiating in good faith toward resolution of these claims and have recently reached agreement on terms for a settlement. Approval of the Settlement Agreement, including a contract amendment and associated change orders, is requested. \nRECOMMENDATIONS: Adoption of the Report requesting that the Board of Airport Commissioners determine that this action is exempt from the California Environmental Quality Act (CEQA) pursuant to Article II, Section 2.i of the Los Angeles City CEQA Guidelines; approve the Settlement Agreement, including the First Amendment to Contract DA-5322 with LA Gateway Partners and related change orders, for total not to exceed $50,869,000, to settle various Relief Event Claims; further approve an allowance to said Contract DA-5322 with LA Gateway Partners in amount not to exceed $900,000 for extended warranties associated with the Settlement Agreement; further approve appropriation of funds to said Contract DA-5322 with LA Gateway Partners in amount not to exceed $32,000,000 to partially fund the change orders and allowance associated with the Settlement Agreement; and authorize the Chief Executive Officer, or designee, to execute the Settlement Agreement, First Amendment to Contract DA-5322, and associated change orders with LA Gateway Partners to settle various Relief Event Claims. (Jacob Adams)\n06 report \n7.