| | | | | | | | AGENDA ITEM SUMMARY
LEXINGTON BOARD OF SELECTMEN MEETING |
| | | | | | | | AGENDA ITEM TITLE:
Update on LexHAB Farmview Project
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| | | | | | | | PRESENTER:
Jim Malloy, Town Manager | ITEM NUMBER:
I.4
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| | | | | | | | SUMMARY:
This project has been put out to bid and the price has continued to come in over the appropriation. As a result, the LexHab Board put the project out to bid this time with several "add alternate" proposals which include: appliances, landscaping, paving, solar, etc. and the bid that was received, these totaled approximately $307,000. The total appropriation was $2,589,107 and the sole bid came in at $3,026,757 with the add alternate items eliminated the project remains $90,803 short of the appropriation. LexHab has delivered a check for the amount of the shortfall, but this doesn't address the "add alternate" items as the project was previously proposed to include. I have asked the LexHab Board (through Pat Goddard) to address these issues by confirming they intend to complete the project through other financial means (based on their presentation to me), which includes either a MassHousing Grant or through their own financing to ensure the project that Town Meeting funded is completed as anticipated. The confirmation letter is attached, there is no action the Board needs to take, this is to ensure the Board was aware of this project is moving forward.
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| | | | | | | | SUGGESTED MOTION:
No vote is required, this is just to ensure the Board is aware of how this project is progressing.
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| | | | | | | | DATE AND APPROXIMATE TIME ON AGENDA:
7/22/2019 7:45 p.m. |
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