Finance Committee - 6/20/2018 Page 8
Alderwoman Kelly
So | guess my question is are they doing enough construction that what if that were to occur, that we would
have to find a brewery to go in there, do you Know what | mean? It seems like that’s an intense amount of
construction. We can’t suddenly sell it to someone as office space.
Mr. Vayo
So this space doesn’t necessarily lend itself to an office use but it definitely could be repurposed for retail use.
We are not paying to buy any of their equipment, so the barrels that they brew in or the kegs or any of that,
that’s all being lent from Regional Economic Development Corp. What is left is walls, finishes, mechanical,
electrical, plumbing, the installation of bathrooms, the installation of a kitchen so all the fixtures such as sinks,
mop sinks, all that is going to stay in the building and basically make it that much easier for the next person to
fit it up in the event that they didn’t succeed which none of want to see but we have to plan for that and that is
what we have done.
Alderman Caron
Thank you, | think this is a great idea, my question because we know that Court Street has a lot of problems
maintenance-wise, how much money is the City paying for any repairs or things that need to be done to that
building or electrical or heating to get this up and running. Because | know you have an August date but is
there anything that is outstanding that needs to be done to that side of the building to make it usable?
Mayor Donchess
You want to answer that?
Mr. Vayo
I’m happy to. So the building improvements that are needed to make the space leasable are being addressed
by the tenant that is occupying the space. So all the improvements to the electrical which include the
installation of the subpanel, lighting, mechanical, ventilation, heating and cooling are all equipment that is going
to be tied into the tenant space at the tenant’s own cost.
Alderman Caron
Ok thank you.
Mayor Donchess
There is this caveat unrelated to this particular tenant, Jay Hunnewell and the building people have taken a
look at the roof but this is the entire roof for the entire building, over the theater, everything else. It is not in
good shape and should be replaced, but that should be done regardless of this. It is not tenant-specific. That
is not specific to these people.
Alderman Caron
Thank you, | appreciate that.
Mayor Donchess
Anyone else, questions, comments? One thing we should think about, which we have discussed a little bit, but
putting some kind of marker, neon or something down at the bottom of Library Walk to remind people that
there is step up in the back there. That wouldn’t be maybe specific to this business but it would be nice to kind
