HomeMy WebLinkAboutDocumentation_Workshop_Tab 03_11/30/2020Agenda Item #3.
Workshop
STAFF
MEMO
Meeting: Workshop - Nov 30 2020
Staff Contact: Jeremy Allen, Village Manager Department: Manager
Discussion on Community Center Construction and Financing
At the November 12th Council meeting staff was asked for an update via workshop on the
Community Center timeline and the Financial Services RFQ timeline. Below are timeframes for both
the Community Center and Financial Services RFQ.
Community Center Project Timeline
Date (Estimated) Event
11 /16/20 50% Plans Completed and submitted to Village and Hedrick for Initial GMP
12/9/20 Initial GMP summitted
12/18/20 95% Plans Completed and submitted to Village and Hedrick Bros.
12/31 /20 Submit Plans to Village Building Department for permit
January Begin Demolition of existing building
Feb - Mar Ground Breaking/Construction
Financial Services Timeline
Date
Event
11/17/20
Distribute Bank Loan RFP
11/18/20
Initial Comments Due on Resolution/Loan Agreement
12/16/20
Bank Loan Proposals Due
12/18/20
Evaluation Committee Meeting to Select Bank Loan Provider
1/4/21
Final Comments Due on Resolution/Loan Agreement
1/5/21
Deadline for Agenda Items for January 14th Council Meeting
1/14/21
Council Meeting (Approval Resolution/Loan Agreement
1 /21 /21
Closing
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