Title
Award of the Bid for Construction of the Model Block Historic Rehabs (NB)
Explanation
The CRA has advertised for the rehab of four historic houses within the Fifth Avenue Pleasant Street (FAPS) CRA district. This is the first phase of the Model Block program; the second phase will include five new construction projects within the district.
These historic rehabs have been approved by the Historic Preservation Board and bids are expected on March 18, 2005. In order to move the project forward staff will present the bid award information at the March 21, 2005 CRA meeting. The FAPS Board has agreed to allow this to move to the CRA without their prior review. The bid information will be presented to the FAPS Board at their March 22, 2005 meeting.
Fiscal Note
The CRA has $200,000 in bond money committed to this project and a $300,000 line of credit from the National Trust for Historic Preservation to cover the cost of construction.
Recommendation
Executive Director to the CRA: 1) Hear presentation from staff and 2) take action as necessary.