Project funding
According to the meeting agenda, in January, a workshop with City Council was held reviewing the final project design, estimated at $2.45 million.
Through the Request for Proposals process, 13 proposals were received, ranging from $2.62 million to $3.85 million.
The bid was awarded to Crawford (CHC) for around $2,68 million, which was negotiated down to around $2.46 million. This cost is planned to be funded through grants from the Municipal Development District, which is a Fair Oaks Ranch taxing entity established in 2009 with the purpose of providing a stimulus of economic growth within the city, according to the city website.
During the creation of the district, residents approved a 0.5-cent tax to be added to the municipal sales tax.
Contingency of $120,000 and furniture, fixtures and equipment estimated at $250,000 are intended to be city-funded.
If the resolution is approved by city council, it will go before the MDD for approval, and the project is anticipated to begin construction in July.
Also on the agenda
During the meeting, City Council will consider an ordinance to amend the fee schedule for building fees alongside consideration for a notice of intention to issue certificates of obligation for drainage projects.
The intention to issue certificates of obligation does not finalize the approval of bonds. City Council will also begin the budget process for Fiscal Year 2025-26.
The meeting will begin at 6 p.m. in the police station, located at 7286 Dietz Elkhorn Road.
