Tanasi Contract- Chet Pillsbury & Marty Inkrott Presented
Key Points
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- Costs: The contract is not to exceed $9.94M; this includes building, site work,& parking
- Other costs, including golf green, landscaping, design, furniture & fixtures, kitchen, and others, will total $1.6M
- Expected Revenues: Tanasi Insurance $4.282M, Reserve Funding $7M, Private Funding?, Resale Temporary Pro Shop
- Total Cost: $11.5M
- The Board voted to proceed with a Guaranteed Maximum Price (GMP) AI-A102 contract, allowing us to continue seeking price reductions throughout the project. The Board approved a “not to exceed” amount of $9,932,667 with RTC Contractors, ensuring we maintain control over costs.
- Costs: The contract is not to exceed $9.94M; this includes building, site work,& parking
