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  2. Finance Committee - Minutes - 11/18/2020 - P2

Finance Committee - Minutes - 11/18/2020 - P2

By dnadmin on Mon, 11/07/2022 - 13:24
Document Date
Wed, 11/18/2020 - 00:00
Meeting Description
Finance Committee
Document Type
Minutes
Meeting Date
Wed, 11/18/2020 - 00:00
Page Number
2
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_m__111820…

Finance Committee - 11/18/2020 Page 2

Also in Attendance: Alderman Richard A. Dowd
Brian Sojka, Police Supervisor
Steve Buxton, Assistant Fire Chief
Tim Cummings, Economic Development Director

ROLL CALL
Alderman Klee

Yes, | am here, | can hear the proceedings. | am not really alone, you can hear my little whiner in the
background there. But! am technically human-alone in the room.

Alderwoman Lu
| am here alone and | can hear you.

Alderman Harriott-Gathright

Clerk says, I’m present, | can hear everyone, | am in this room alone and | am practicing social distancing.

Alderwoman Kelly

| am here, | am alone and | can hear everyone.
Alderman Laws

| am here, | am alone and | can hear everyone.
Alderman O’Brien

| am present, | can hear the proceedings and | am alone.

Mayor Donchess

| am practicing social distancing, therefore at home and | am alone in the living room. We've done the roll call.
Public Comment, is there any member of the public who would like to speak to the Committee? | see Mr.
Teeboom, please go ahead.

PUBLIC COMMENT

Fred Teeboom Ok thank you. | don’t normally attend the meetings but | have been tracking the cost of the
Performance Arts Center. It is on your agenda for R-20-093 for approval for the guaranteed maximum price.
I'd like to say first of all that your contractors ICON and Harvey are doing a very good job on the estimating
especially when compared with the Webb study that preceded the current project. But being a guaranteed
maximum price | did look at the details and the details are in your attachments to your agenda. So I'll make a
few comments; | won’t take too much time. The cost, the guaranteed maximum price is now for the
construction part of the job not the total project which is $25 million. We are talking just the construction of the
Performance Arts Center is now priced to be guaranteed maximum at $15.8 million dollars.

However the Option 2, and | presume this is Option #2, the Steering Committee considered many options. On
2 January of this year, the price was estimated at $15.2 million so you have an addition here of $600,000.00. |
started looking at the spread sheet, that these details are in Exhibit 8, Exhibit H pages 12 and 13 which are
pages 61 and 62 on your attachment if any of you have a computer tracking this.

Page Image
Finance Committee - Minutes - 11/18/2020 - P2

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