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AG 2001 11 19
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AG 2001 11 19
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Last modified
3/25/2002 4:54:59 PM
Creation date
11/27/2017 11:46:27 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
11/19/2001
Board
Board of Commissioners
Meeting Type
Regular
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November 19, 2001 <br /> <br />MEMORANDUM <br /> <br />lCASARRUS <br /> <br />TO: Board of Commissioners <br /> <br />RE: EXPO Project Modifications <br /> <br />At the Board's October 13th Work Session, modifications to the EXPO project were discussed in detail. Based <br />upon direction from the County Commission, staff worked with the Architect and General Contractor to refine <br />the cost estimates associated with the proposed changes. <br /> <br />· Enclosure of the 40,000 SF open area adjacent to the Arena. The original estimate for enclosing the two <br /> open sides of the structure inclusive of air conditioning/electrical costs was $871,500. <br /> <br />After review of all the elements and completed drawings, the General Contractor's cost proposal is <br />$708,355. As you will recall, enclosure of the area will expand building rental opportunities and uses <br />during inclement weather and otherwise. <br /> <br />Box seat/suite option inclusive of 126 additional seats. This option expands the number of facility suites <br />and creates corporate marketing opportunities for the facility. It is estimated the suites will sell/rent <br />annually for $10,000 - $12,000 each, plus ticket purchases. <br /> <br />The original estimates for the suite construction was $659,400 or approximately $94,000 each. The adjusted <br />General Contractor's proposal for suite construction is $527,606 or approximately $75,400 each. <br /> <br />· Together the proposals add approximately $1,235,961 to the base contract for Matthews Construction. <br /> (Approximately $300,000 less than the October 13th estimate) <br /> <br />If the Board desires to move forward on either or both of these modifications, action to direct the contract <br />adjustments along with the appropriate budget amendments is required. <br /> <br />Respectfully, <br /> <br />fwc/sb <br />Attachments <br />cc: Mark Chappuis <br /> Mike Downs <br /> Jonathan Marshall <br /> Blair Bennett <br /> <br /> Office of the County Manager <br />P.O, Box707 · Concord, NC 28025-0707 · 704-920-2100 · Fax 704-920-2820 · Charlotte 704-3,75-0829 <br />www,co.cabarrus,nc.u s <br /> <br /> <br />
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