Laserfiche WebLink
Other individual tweaking needs to be done between the proforma and budget but we have <br />scheduled a separate work session for the project development team next week. <br />~r+" <br />Public Input Session, was an item that the committee wanted. The lease study will be introduced <br />by Ken Roudybush and the consultant will be listed by name on the agenda. <br />The alternative development scenario was the report that transit completed. John Whittington had <br />a handout on the Courthouse Square Alternative Development scenario. The walk away costs total <br />would be $7.6 million for both entities to walk away. Discussion was held regarding what county's <br />costs would be if transit stayed on the block and county walked away. There aze too many va.riables <br />to be able to calculate that number. After discussions, item #3 on page two would be removed <br />from the report. It was not included in the $7.6 million, but adjustment would need to be made in <br />the notes. Item #2 interest rate should be changed to $48,000. Out of pocket expenses, plus <br />obligations could generate the number for county's walk away costs and it should fall under item <br />B. The notes on the last paragraph states how much county is out and was calculated as amount of <br />money if the land is sold what would be left to develop another building. This was transit's <br />calculation and Billy Wasson will verify that this is an accurate number to use. It was decided to <br />leave the report as it stands without adding any additional $ amounts for some items. Ken <br />Roudybush handed out the cover letter to accompany this document for staff to review. The 2na <br />paragraph wording needed to be rephrased to state combined loss of $7.6 million. <br />Another sheet was prepared to cover ancillary costs and it touches on some other issues as well the <br />~ remodel of the courthouse and the Franklin building. It will be covered during the budget <br />conclusion agenda item. <br />Project Summary will be done by Billy Wasson and John Whittington providing the committee their <br />perspectives and conclusions of the materials presented. Carol Fischer offered to help Billy <br />formulate and/or edit his response. This will be a final summation from both county and transit on <br />issues that had been raised by SPOC before the committee breaks into an afternoon work session. <br />Since the work session is a public meeting and also sensitive issue for SPOC, John Whittington and <br />Billy Wasson will be the only staff present at the work session, primarily to be available to conect <br />any misinterpretation of the facts. It is unknown whether this will be the final meeting or if SPOC <br />will require additional time. SPOC has not stated whether their findings will be communicated <br />verbally before a joint board meeting or in written form. <br />3. Budget Conctusion <br />This item was addressed earlier in the meeting and Billy Wasson will handle this presentation to <br />SPOC. Another handout on Courthouse Square Budget Summary Sheet prepared by Billy Wasson <br />and Sheryl Derting was distributed. <br />hr <br />Sheryl Derting asked for a quick check of all agenda item reports that needed to be included in the <br />~ mailing to SPOC. Transit would have all final documents available first thing the morning for <br />Page 4 of 5 <br />