PERFORMING ARTS CENTER
OVERALL PROJECT STATUS UPDATE
September 28, 2020
Design
e The design is complete!
Over summer, the design was finished and 100% of Construction
Documents were transmitted to Harvey for cost estimates.
Cost Estimates
e Harvey has not just estimated, but has secured bids
Bids were due just last week and they are currently being evaluated and
refined.
e Total Project Cost is just under $25.0 million
e Weare on track to make our target budget of $15.8 million
Program
e A detailed op/ed was circulated by Pete Lally where he outlined his
commitment and wherewithal to continue to be the operator of the
Performing Arts Center. (Spectacle Management: https://www.spectacleshows.com/)
e Over the coming as we proceed with this project we will need to focus on
transitioning the current MOA into an operator’s agreement along with other
miscellaneous action steps.
Relative to the Fundraising.
Report by: Rich Lannan
