Title
Heartwood Internet (B)
Explanation
The Heartwood neighborhood is one of the two major community initiatives in the Eastside Redevelopment District for the Gainesville CRA. The development includes major site and infrastructure construction associated with the 34-single family building pad sites on the former Kennedy Homes site in East Gainesville. Community stakeholders worked with the CRA on the naming, design, and planning for this initiative and the project has been much anticipated by the community, the CRA, and its Boards.
At its August 16, 2018 meeting, the Gainesville City Commission expressed their desire to include GRUCom GATOR NET GIGABIT internet in the Heartwood project and subsequently moved to refer the discussion to the September CRA Board meeting.
Since the August 16 City Commission meeting, CRA and GRUCom Staff have been meeting to develop a strategy to advance the initiative forward. We have determined the total estimated upfront cost to provide the GRUCom GATOR NET GIGABIT service to each of the 34 homes is based upon the contract period with GRUCom. There would be an upfront cost of $45,923.15 for the conduit infrastructure installation. This work would be performed by the CRA’s site contractor via a change order.
Per the attached backup titled GRUCom Rate Options, there several cost schedules and recovery models that could be chosen that would impact upfront GRUCom expenses as well as monthly HOA dues. As an example, a 24 month GRUCom contract term would require an upfront cost of $40,734, resulting in monthly cost to the HOA of $2,745.16/month (i.e. $80.74/home). Whereas, for an 84 month GRUCom contract term, there would be an upfront cost of $6,805. As a result, the monthly cost to the HOA would be $2,124.32/month (i.e. $62.48/home). There are also 36, 48, 60, and 72 month contract term options.
CRA Staff is currently overseeing the $2.5M site construction contract of the Heartwood neighborhood. The CRA’s goal is to ...
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