5.1. 5.2. 6.1. HRSR 05-27-1997 - Laserfiche WebLink

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ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY MEMORANDUM TO: Housing and Redevelopment Authority sir7FROM: Paul T. Steinman, Director of Economic Development DATE: May 21, 1997 SUBJECT: Agenda Memo for Meeting on Tuesday, May 27, 1997 5.1. Discuss Progress on King and Main Project, Request for Proposals, and King/Main Loan Repayment The King and Main demolition project has been completed as of Friday, May 16, 1997. Staff is currently in the process of working with the street department to provide final grading and seeding of the site. • The demolition costs came in at thep recise bid amount of$21,639. Veit Companies, the demolition contractor, proposed under separate contract, to complete the backfilling and compaction of the site upon completing of demolition. Staff confirmed that there would be significant savings in having Veit complete this part of the contract. The reason for the cost savings is due to the fact that after dumping the demolition materials, Veit's trucks would have been returning to the site empty. Veit's proposal was to have their trucks haul the sand needed for backfill on the return trip from depositing the demolition materials. This saved us approximately 40 to 50 percent of the cost of having these materials trucked separately. As was indicated in an earlier memo, staff anticipated this final work to cost approximately $4,000. The final total on the backfilling/compaction and testing is as follows: • $3,380.40 -backfill and compaction • $ 300.00 - (estimate) compaction testing. Staff feels it is appropriate at this time to also discuss the HRA's response to possibly letting another Request For Proposals for the King • and Main site. Economic development staff and planning staff have P.O. Box 490 • 13065 Orono Parkway • Elk River,MN 55330-1743 • (612) 441-7420 • Fax: (612) 441-7425 Equal Opportunity Housing and Equal Opportunity Employment