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Roll call, please.

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Chair Gary.

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Yes Vice Chair.

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Make sure.

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Yes Debbie.

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Dean here.

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Alder Cathy.

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Steven Strogatz.

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Here no, I just probably not.

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This one right here.

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I used to have one uniform.

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Motion to approve
the agenda, please.

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So moved.

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Second and now.

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Steve got it.

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Steve, really quick
before you read it.

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Yeah OK.

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OK Steve.

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Question by saying Aye.

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Aye Aye.

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Opposed motion carried.

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We have some minutes
from February

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10, which were attached.

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So moved.

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Second All in favor,
signify by saying Aye.

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Aye Aye.

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Motion carried.

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Thank you.

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Regular business.

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Consideration with apostle
axeman action on Amendment 3

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to the development
agreement 2020 101

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with merge LLC for the
redevelopment of 236 armes

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street and 101 Bridge Street.

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Parcel three, 551 and 35560.

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All right.

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So you may recall we've
been working with merge

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for a number of years with
regards to redevelopment,

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and the apartment area
at the shipyard downtown.

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We transferred
property Waterville.

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And so we've been working
with merge on updating

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the development agreement with
regards to dates and status

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and where we're at.

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We really need to get
this project going.

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Absolutely right.

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So when you look at what
we're looking at amending,

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really none of the financial
portions of it are changing.

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What we're looking at is
moving up some of the dates

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on things and to some cleaning
up on the development agreement.

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We need proof of
equity and financing.

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We like that.

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We would like commencement
of vertical construction

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up out of the ground no later
than June one of this year.

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We plan to be completing
our street and Bridge Street

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by the end of this year.

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We would like this.

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The whole project
completed by July of 27,

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and then it still
needs to achieve

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a minimum assessed value of 15
million by January one of 28.

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And then we'd also
like to add, which

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wasn't on the
original agreement,

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we'd like the RDA to have a
conditional option to repurchase

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the properties for $1.

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If that construction doesn't
start in the timelines

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that we're talking about.

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We sent these over.

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Brent had a little bit of a
Brent dahlstrom for merges here.

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He had a little bit of
time to look at this,

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but he's here really to give
an update on the project.

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I think where things are at
and maybe make some commentary

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on this open meeting.

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Well, Steve, if there's anything
I. A meeting with Brent.

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Sure all yours, Brent dahlstrom
with merge urban development.

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Thanks for having me today.

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Understand the need to
tighten the timeline,

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and everyone deserves to see
this project move forward.

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And we are excited to do so.

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Some of those dates
are mathematically

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impossible to start.

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I was just with our foundation
team, absolute concrete,

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and they need three months from
the moment they start to even

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be prepared to go vertical.

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So some of us will
have to go back.

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I just don't want to
stand up here and say,

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I can hit the dates
that were laid

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out because it's not possible.

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And then buildings of
this size have been

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taken an average of 18 months.

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So even from that it
just doesn't work out.

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Now that's the bad news, but I
just want to start with that.

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The good news is that we
had the conditional approval

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of the foundation permit.

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They did ask for a
few minor changes,

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and our team has been
delivering those to them.

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We still need full
approval of the plans,

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but that is imminent as well.

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So I suppose we could go
a lot of different ways

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and I'll take some questions.

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I think the last
thing I want to do

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is stand up here
and make excuses.

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But I think if I was you,
I'd want to ask the question,

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are you developing or are
you not actively developing.

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And we are.

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We are many projects
under construction.

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A couple of them
have been severely

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delayed, which has impacted our
ability to start another one.

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But we are currently have seven
active projects in construction.

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Yours is of the utmost
importance important in is next.

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It was delayed to start due to
some differencing in different

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and engineering
and some elevation

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issues and some settling.

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There's been a lot of things
along the way, but all of those

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are now solved in my experience,
which this is almost 20

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years for me now is right
when you get to the end

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is where patience runs out.

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When we're so dang close.

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And that's where we are today.

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And so we do need more time.

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You guys have been beyond
the mayor, the staff,

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everyone has been unbelievably
patient and great to work with.

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Even when there has been issues.

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It's been great.

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There's literally no
one on staff that hasn't

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been Matt who's not here today.

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He's been excellent
the whole time too.

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But we were excited
and I am ready to take

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any questions, no matter
how hard they are today.

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And that's why I came for
I think some of the dates

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that you're uncomfortable with.

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I'm sure you'll come
back with your version

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of what the needs are.

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One of the other big
changes, of course,

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is that at a certain
point in time,

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we're going to
take the land back.

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Can you live with that.

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I mean, it would
revert back to the RDA.

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I think obviously, that has
to be in there at some level.

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It has they have to have the
ability to get the land back.

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So I'm not against that clause.

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But even a bank wouldn't.

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As far as the other
dates, a banks

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would never allow me to
start with the language

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that as it's currently proposed.

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That's too much risk for anyone.

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I wouldn't start with it either.

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When you're talking
about if you.

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I think if I could
understand the goals

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and maybe you could tell me.

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But once you start
and I understand

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there was a project
here that started

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and then stopped for a period
of time before it went vertical.

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So I can understand the need or
the desire for that language.

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But I've never seen vertical
that word in any development

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agreement that we've done,
and we've done $500 million

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worth of development.

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So we've never seen that.

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But I do understand how it got
there due to some other things

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that have happened in the city.

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But there are
certain language that

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just wouldn't be palatable for
us or for a lending institution.

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Questions for Brett.

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Yeah for me, I think
the big question when

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I saw the amendments is right.

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All the dates are
moving like two years.

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From the dates that
were in there, like,

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how did we lose two years.

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It wasn't physically
possible to build with the.

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Our engineer and
the city engineer

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were in a discussion
for a long time,

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so I couldn't even
put it on the roadmap

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to put within our pipeline.

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I couldn't even say
like that one's next.

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While that conversation
was going on,

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and that conversation got solved
last year so that we could then

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move forward full go
on plans which we have

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already figures
committed to this project

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and paid for this project.

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So we are heavily
invested in this,

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but we weren't able
to do that until then.

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And at that time, I suppose I
should have came back before we

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ever did that, before coming
to a meeting like this

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and have the possibility
of losing over $1 million

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would be tough.

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We don't want to see that.

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Yeah but I'm still
just trying to how

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do we get that far behind.

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Where we're needing to move.

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Like, it almost seems like
if the agreement was signed

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with those prior dates,
you signed them knowing you

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couldn't achieve those dates.

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No, that's not necessarily true.

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When we first started,
we thought the ground

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was ready to be built on it.

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It wasn't.

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There's compaction issues.

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There's then there had to be
collaboration between your city

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working on those two streets and
our project, which those plans

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were not finalized either.

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So the unknowns
at the time truly

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I don't want to
sign an agreement

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that I'm going to fail on.

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So that did happen.

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But not I don't
think anyone was.

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Withholding information
or doing it on purpose.

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Nobody was right.

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Everyone was just
acting in good faith

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to move the project
forward at the time.

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And there was just hurdles,
like many developments

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have to overcome, and they
now have been overcome.

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And what are the hurdles
then, that you're seeing today

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on the project that are between
today and starting construction.

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We have to get the final
approval of the plans.

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And who does that come from.

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The city and the state.

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You have to get the
contractors on site

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to start after that, which
would require signing up

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every contractor,
which you can't

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sign up all the contractors
until the final plans are

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approved.

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So you have that
chronologically.

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It needs to happen.

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You need to get the
full plans approved.

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We already have the
contractor for the foundation

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because those
plans are approved.

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Everyone past that relies
upon the final set of

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plans to actually fully
give us a contract.

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After that, then we already
have the lending institution

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that we're going
to use, but we have

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to use those final
numbers to give

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to the financial institution
to show the final costs.

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We have a great idea of it,
but until the final plans are

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approved, I cannot get the
final cost and the bank

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would never believe me, I did.

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So all those things three
things need to happen

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and then you need to
start now to sell.

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Sticking with me.

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If someone else would
start right now,

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it would take over a year to get
to where I am even today, right.

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And we are there.

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And so getting final
approval of the plans,

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what's needed to get that done.

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Just that architect submitting
anything that's left over.

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When does that happen.

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They say they are
like they're right.

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I don't know.

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I don't work for the
architecture that company.

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But they work for
you guys, right.

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They do work for us.

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And I can get back to
you within the week.

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Yeah I think for
us to get everybody

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comfortable on
real dates because.

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It just feels like
when I look at the old

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and they weren't real
dates that if we're

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going to sign an agreement,
it should have real dates.

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Yeah some.

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Yeah I don't disagree with you.

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00:11:37,390 --> 00:11:39,710
I do know I don't think
you disagree at all.

260
00:11:39,710 --> 00:11:41,530
I'm just trying
to make sure we're

261
00:11:41,530 --> 00:11:43,880
identifying applying
everything that it

262
00:11:43,880 --> 00:11:47,920
takes to get to real dates.

263
00:11:47,920 --> 00:11:52,320
I agree, I agree.

264
00:11:52,320 --> 00:11:55,840
So if we look at what's been
laid out, proof of equity

265
00:11:55,840 --> 00:11:59,640
and financing,
vertical construction,

266
00:11:59,640 --> 00:12:02,320
you had said those are
dates you can't meet.

267
00:12:02,320 --> 00:12:02,940
That's correct.

268
00:12:02,940 --> 00:12:04,860
Well, the proof of
equity and financing.

269
00:12:04,860 --> 00:12:07,440
I do believe I
can meet that one.

270
00:12:07,440 --> 00:12:09,100
So vertical construction.

271
00:12:09,100 --> 00:12:10,340
No later than June 1.

272
00:12:10,340 --> 00:12:13,840
When were you thinking.

273
00:12:13,840 --> 00:12:15,440
Three months past that.

274
00:12:15,440 --> 00:12:16,100
If you have.

275
00:12:16,100 --> 00:12:18,600
If the word has to be vertical.

276
00:12:18,600 --> 00:12:20,900
If that is the word
that cannot change,

277
00:12:20,900 --> 00:12:24,060
I would propose that we
go with construction,

278
00:12:24,060 --> 00:12:31,160
starting and having penalties,
or the ability to hold

279
00:12:31,160 --> 00:12:35,080
the developer accountable to
not stop for a couple of years

280
00:12:35,080 --> 00:12:36,660
like another project did.

281
00:12:36,660 --> 00:12:41,600
I do believe there's other
opportunities for better

282
00:12:41,600 --> 00:12:44,360
language that both protects
you, but also allows

283
00:12:44,360 --> 00:12:46,840
the project to move forward.

284
00:12:46,840 --> 00:12:49,720
So if you start on 9/1, then
your project completion date

285
00:12:49,720 --> 00:12:52,400
would be 18 months,
with the ability

286
00:12:52,400 --> 00:12:55,900
to extend based on events
outside of my control.

287
00:12:55,900 --> 00:12:58,040
I mean, 18 months would
be the National average

288
00:12:58,040 --> 00:12:59,380
for a building of this size.

289
00:12:59,380 --> 00:13:02,040


290
00:13:02,040 --> 00:13:05,980
And then that leaves when the
land would revert back to us.

291
00:13:05,980 --> 00:13:11,880


292
00:13:11,880 --> 00:13:15,120
It's a conditional option to
repurchase if construction

293
00:13:15,120 --> 00:13:17,460
is not completed is what it is.

294
00:13:17,460 --> 00:13:18,120
It's not.

295
00:13:18,120 --> 00:13:21,180
It's not like the land
is coming back to us.

296
00:13:21,180 --> 00:13:23,440
And we wouldn't even
be able to have it.

297
00:13:23,440 --> 00:13:24,760
Just I have to be
honest, there's

298
00:13:24,760 --> 00:13:27,800
no way I could move
forward with an agreement

299
00:13:27,800 --> 00:13:31,940
that says I could be 90% done,
and you can buy it back for $1.

300
00:13:31,940 --> 00:13:32,900
I won't be able to do it.

301
00:13:32,900 --> 00:13:34,220
I mean, I just won't sign it.

302
00:13:34,220 --> 00:13:37,480
And yeah, so some
of that language

303
00:13:37,480 --> 00:13:41,510
is just so punitive
that it just.

304
00:13:41,510 --> 00:13:43,010
I understand why you
have it in there,

305
00:13:43,010 --> 00:13:46,070
but it's not possible
for a developer to sign.

306
00:13:46,070 --> 00:13:48,070
Well, and I think
the language that's

307
00:13:48,070 --> 00:13:52,270
in there was not about you being
90% done with the building.

308
00:13:52,270 --> 00:13:56,830
If you don't commence
construction by a certain date,

309
00:13:56,830 --> 00:13:57,570
I think that's fine.

310
00:13:57,570 --> 00:13:59,450
And that to me seems fair.

311
00:13:59,450 --> 00:14:01,670
I think it's fair to
put in, especially

312
00:14:01,670 --> 00:14:05,550
when you think about the period
of time that's elapsed here.

313
00:14:05,550 --> 00:14:08,770
We're just looking for
a solid commitment.

314
00:14:08,770 --> 00:14:10,750
I think both parties
have worked together

315
00:14:10,750 --> 00:14:12,690
here over multiple years.

316
00:14:12,690 --> 00:14:14,350
There's been a lot
of site work that's

317
00:14:14,350 --> 00:14:17,950
gone on that site,
areas around that site

318
00:14:17,950 --> 00:14:22,170
to make it a more
desirable development area.

319
00:14:22,170 --> 00:14:26,070
I think both parties
have been very committed.

320
00:14:26,070 --> 00:14:28,510
I do think, and I love
the fact that you're

321
00:14:28,510 --> 00:14:32,490
here saying we are here to
develop, we're going to develop.

322
00:14:32,490 --> 00:14:34,590
We want that.

323
00:14:34,590 --> 00:14:36,450
I think now we just have
to get to the point.

324
00:14:36,450 --> 00:14:40,280
We can't be here two years
from for now, no we can't.

325
00:14:40,280 --> 00:14:43,860
And if that's really
the path that we're on,

326
00:14:43,860 --> 00:14:46,700
I think it's better
for everybody to say,

327
00:14:46,700 --> 00:14:52,160
OK, this is where we
got and it didn't work.

328
00:14:52,160 --> 00:14:54,100
So we need to go
find someone who's

329
00:14:54,100 --> 00:14:55,660
going to develop the property.

330
00:14:55,660 --> 00:14:58,540
I think you still want to.

331
00:14:58,540 --> 00:15:03,060
I just think we need to
find language in states that

332
00:15:03,060 --> 00:15:04,760
keep us on that trajectory.

333
00:15:04,760 --> 00:15:11,200
Yeah, even if I could propose
that with the buyback option,

334
00:15:11,200 --> 00:15:15,020
if the city, the city goal,
I'm sure goes beyond tax base

335
00:15:15,020 --> 00:15:17,740
and also is just
solving a housing

336
00:15:17,740 --> 00:15:20,320
shortage that the community
has and the area has.

337
00:15:20,320 --> 00:15:24,900
But even if there's language
that penalizes delays

338
00:15:24,900 --> 00:15:29,680
and there's fees to extend so
that you can at least get right,

339
00:15:29,680 --> 00:15:32,040
if we can agree upon a
date and say, OK, but man,

340
00:15:32,040 --> 00:15:33,560
if you don't hit it
and you want to extend,

341
00:15:33,560 --> 00:15:34,880
it's going to cost
you this much.

342
00:15:34,880 --> 00:15:37,260
I'd love for you to talk about
that that's something that

343
00:15:37,260 --> 00:15:39,060
happens in other agreements.

344
00:15:39,060 --> 00:15:44,460
So that if I do come back,
it's not just me with trying

345
00:15:44,460 --> 00:15:45,600
to be as nice as I can.

346
00:15:45,600 --> 00:15:48,780
I have to come with a
check in order to extend.

347
00:15:48,780 --> 00:15:49,980
That would be
something that I feel

348
00:15:49,980 --> 00:15:53,740
like could at least
be a bridge in case

349
00:15:53,740 --> 00:15:56,740
that the worst
case would happen.

350
00:15:56,740 --> 00:15:59,820
So that the city starts to
get revenue off this property

351
00:15:59,820 --> 00:16:02,900
or your group.

352
00:16:02,900 --> 00:16:06,140
Do we still have the
option of damages

353
00:16:06,140 --> 00:16:07,440
in the contract like that.

354
00:16:07,440 --> 00:16:10,260
Sure yeah, we've
done that before.

355
00:16:10,260 --> 00:16:14,120
So I think we're talking
about a shortfall.

356
00:16:14,120 --> 00:16:17,100
Payment for value is
what he's referring

357
00:16:17,100 --> 00:16:20,180
to or just an extension fee.

358
00:16:20,180 --> 00:16:21,440
Correct both.

359
00:16:21,440 --> 00:16:22,880
I think that both
need to be there.

360
00:16:22,880 --> 00:16:28,900
You I do understand.

361
00:16:28,900 --> 00:16:34,160
Do you have a project in
Ashwaubenon going like.

362
00:16:34,160 --> 00:16:36,090
Where's that one.

363
00:16:36,090 --> 00:16:39,150
I think, because that just
went just recently, right.

364
00:16:39,150 --> 00:16:40,230
Year two projects.

365
00:16:40,230 --> 00:16:41,750
We have the same
teams working on them,

366
00:16:41,750 --> 00:16:43,890
same team's going to build them.

367
00:16:43,890 --> 00:16:47,090
They are two months
ahead just because they

368
00:16:47,090 --> 00:16:50,170
have the plans fully approved.

369
00:16:50,170 --> 00:16:51,710
So we have the same contractors.

370
00:16:51,710 --> 00:16:52,650
What you're saying.

371
00:16:52,650 --> 00:16:55,570
Yeah same subs that are
like same foundation

372
00:16:55,570 --> 00:16:57,570
team, same framers,
same everyone is

373
00:16:57,570 --> 00:16:59,170
going to work on both projects.

374
00:16:59,170 --> 00:17:02,610
Who's like your contractor
for the construction.

375
00:17:02,610 --> 00:17:03,990
The overall contractor.

376
00:17:03,990 --> 00:17:06,010
We are now seeing ourselves.

377
00:17:06,010 --> 00:17:11,970
We had a project, two projects
that were delayed nine months.

378
00:17:11,970 --> 00:17:14,550
And so we've decided to
take upon back in Iowa,

379
00:17:14,550 --> 00:17:15,470
we do all of our own.

380
00:17:15,470 --> 00:17:19,410
We've done a few hundred million
dollars in development, GC

381
00:17:19,410 --> 00:17:20,030
and ourselves.

382
00:17:20,030 --> 00:17:22,829
We started in Wisconsin by
having other firms do it,

383
00:17:22,829 --> 00:17:24,990
but we are no longer moving
forward with that model.

384
00:17:24,990 --> 00:17:28,530


385
00:17:28,530 --> 00:17:31,490
Alderman Johnson, one second,
one last quick question.

386
00:17:31,490 --> 00:17:35,400
And I know you haven't got
final financial approval could

387
00:17:35,400 --> 00:17:37,220
be awaiting for the
final plans, but.

388
00:17:37,220 --> 00:17:38,820
Have you got
preliminary approval.

389
00:17:38,820 --> 00:17:39,420
Yeah OK.

390
00:17:39,420 --> 00:17:42,440
Yeah so that's one thing
that's drastically improved

391
00:17:42,440 --> 00:17:43,860
over the last 12 months.

392
00:17:43,860 --> 00:17:47,180
Access to funding
and loans a year ago,

393
00:17:47,180 --> 00:17:49,920
if you were sitting here,
that it was just harder.

394
00:17:49,920 --> 00:17:51,960
I can ask any
developer in America,

395
00:17:51,960 --> 00:17:54,120
we have projects in
New Mexico, and they

396
00:17:54,120 --> 00:17:57,087
had 5,000 units
delivered last year,

397
00:17:57,087 --> 00:17:58,020
which started two years ago.

398
00:17:58,020 --> 00:17:59,420
They have 500 today.

399
00:17:59,420 --> 00:18:01,460
And it's a town of
1 million people.

400
00:18:01,460 --> 00:18:03,360
It was just harder.

401
00:18:03,360 --> 00:18:05,440
That is not the case today.

402
00:18:05,440 --> 00:18:07,880
Finding a lender today
is no longer the issue

403
00:18:07,880 --> 00:18:10,120
that it was a year ago.

404
00:18:10,120 --> 00:18:11,560
Alderman Johnson.

405
00:18:11,560 --> 00:18:12,060
Thank you.

406
00:18:12,060 --> 00:18:15,120
Chair Brent, good
to see you as well.

407
00:18:15,120 --> 00:18:20,400
And staff could certainly chime
in on this, but what I'm seeing,

408
00:18:20,400 --> 00:18:24,160
the January 1, 2028 date for
the minimum assessed value.

409
00:18:24,160 --> 00:18:26,420
So if you're saying 18 months,
because it seems to me,

410
00:18:26,420 --> 00:18:28,640
that's probably the
most pivotal date.

411
00:18:28,640 --> 00:18:31,680
So 18 months would
be from that June 1.

412
00:18:31,680 --> 00:18:35,120
I mean, is that
January 1, 2028 even.

413
00:18:35,120 --> 00:18:37,680
Is that date possible to hit
if you change the language

414
00:18:37,680 --> 00:18:39,260
to eliminate vertical.

415
00:18:39,260 --> 00:18:41,960
No, there'd have to be where
we'd have to have the ability

416
00:18:41,960 --> 00:18:45,560
to fill the gap of
what is not met,

417
00:18:45,560 --> 00:18:51,160
so that the taxes could be paid
outside of what the actual value

418
00:18:51,160 --> 00:18:52,060
is at that time.

419
00:18:52,060 --> 00:18:54,320
And again, I'm looking
at this thinking

420
00:18:54,320 --> 00:18:57,180
that's probably the pivotal
date from the city end.

421
00:18:57,180 --> 00:18:58,400
And I'm sure
there'll probably be

422
00:18:58,400 --> 00:19:01,300
some closed session discussion
here where we can have that.

423
00:19:01,300 --> 00:19:03,000
My question back to you.

424
00:19:03,000 --> 00:19:08,433
Have you done any level of
pricing on your plans to date.

425
00:19:08,433 --> 00:19:10,000
Do you have confidence
in what the construction

426
00:19:10,000 --> 00:19:11,140
cost will come back at.

427
00:19:11,140 --> 00:19:13,940
Yeah since we're doing
so many projects,

428
00:19:13,940 --> 00:19:17,540
we already have some of the key
aspects with dollars and cents,

429
00:19:17,540 --> 00:19:21,440
but so many of them are just
consistent across the board.

430
00:19:21,440 --> 00:19:23,260
Cabinets are the same
price everywhere.

431
00:19:23,260 --> 00:19:24,380
So that's stabilized.

432
00:19:24,380 --> 00:19:26,300
Yeah everything
costs are stabilized.

433
00:19:26,300 --> 00:19:29,480
If not in the last
year, maybe even someone

434
00:19:29,480 --> 00:19:31,080
will take a little
bit better of a deal

435
00:19:31,080 --> 00:19:32,490
than they would have a year ago.

436
00:19:32,490 --> 00:19:34,010
For us, we could
get a little better.

437
00:19:34,010 --> 00:19:36,070
Now we all know we
went through an insane

438
00:19:36,070 --> 00:19:38,130
period there before that.

439
00:19:38,130 --> 00:19:42,030
OK And then just to follow up
to that then because obviously,

440
00:19:42,030 --> 00:19:45,470
PAYGO as is the butfor clause.

441
00:19:45,470 --> 00:19:49,630
And if we change this
date, you're essentially

442
00:19:49,630 --> 00:19:52,470
losing a year of incentive.

443
00:19:52,470 --> 00:19:54,410
Assuming that you don't
hit the cap prior to that.

444
00:19:54,410 --> 00:19:56,710
And I haven't done the math
to know if the cap would come

445
00:19:56,710 --> 00:19:59,990
into play, but does
that jeopardize

446
00:19:59,990 --> 00:20:03,570
the capital stack for you in
any capacity if this is delayed.

447
00:20:03,570 --> 00:20:05,070
No, I don't think so.

448
00:20:05,070 --> 00:20:07,370
I think it holds me accountable.

449
00:20:07,370 --> 00:20:08,810
It is punitive.

450
00:20:08,810 --> 00:20:11,070
Every day that I wait
because it takes away

451
00:20:11,070 --> 00:20:12,830
from the years on the back end.

452
00:20:12,830 --> 00:20:15,030
And I'm also willing
to put in the agreement

453
00:20:15,030 --> 00:20:18,870
that we will make up for
the taxes on the front end

454
00:20:18,870 --> 00:20:22,510
if we don't hit those, if the
full assessed value hasn't hit

455
00:20:22,510 --> 00:20:24,550
that yet, because
that's obviously

456
00:20:24,550 --> 00:20:27,190
and I know you know this, but
that's the risk for the city

457
00:20:27,190 --> 00:20:30,510
is you extend this and
you lose another year

458
00:20:30,510 --> 00:20:31,870
to market and gain
that increment

459
00:20:31,870 --> 00:20:33,430
with a different developer.

460
00:20:33,430 --> 00:20:38,230
And so I would like to propose
that I would fill that gap.

461
00:20:38,230 --> 00:20:41,610
So to take away from that so
that you don't have that risk,

462
00:20:41,610 --> 00:20:43,630
your risk comes down
to only not having

463
00:20:43,630 --> 00:20:45,690
units in your town under that.

464
00:20:45,690 --> 00:20:47,590
That's the language
I'd like to have,

465
00:20:47,590 --> 00:20:50,350
is that I'd take away my risk
that this gets taken away

466
00:20:50,350 --> 00:20:54,750
midstream and that I take away
the city's risk of losing out

467
00:20:54,750 --> 00:20:56,710
on the valuation and the tax.

468
00:20:56,710 --> 00:21:03,790
OK thank you Mr. mayor.

469
00:21:03,790 --> 00:21:07,170
No, I appreciate that you guys
are still at the table, Brent,

470
00:21:07,170 --> 00:21:08,590
and appreciate the
relationship that's

471
00:21:08,590 --> 00:21:09,970
been developed over the years.

472
00:21:09,970 --> 00:21:13,630
I think you just felt
today growing impatience.

473
00:21:13,630 --> 00:21:17,350
I don't think there's a better
site in the city of Green

474
00:21:17,350 --> 00:21:21,150
Bay that's as ready for
construction as this one

475
00:21:21,150 --> 00:21:22,090
that you have.

476
00:21:22,090 --> 00:21:23,390
And we just want to
make sure that we

477
00:21:23,390 --> 00:21:25,790
have a partner with
us who's really

478
00:21:25,790 --> 00:21:28,540
serious about moving forward.

479
00:21:28,540 --> 00:21:30,300
Because that's a
priority area for us

480
00:21:30,300 --> 00:21:32,420
in the city, the shipyard.

481
00:21:32,420 --> 00:21:35,680
And it's a tip that's
been open for a while.

482
00:21:35,680 --> 00:21:37,820
And so we need to start.

483
00:21:37,820 --> 00:21:38,920
Diane is nodding her head.

484
00:21:38,920 --> 00:21:40,740
And our finance
director is we need

485
00:21:40,740 --> 00:21:44,280
to start building some increment
there and doing it quickly.

486
00:21:44,280 --> 00:21:48,380
And so if you are
not the guys, what do

487
00:21:48,380 --> 00:21:50,120
we need to know that and gals.

488
00:21:50,120 --> 00:21:51,220
Yes, absolutely.

489
00:21:51,220 --> 00:21:52,920
We have many, many
women on the team.

490
00:21:52,920 --> 00:21:54,060
Yes, absolutely.

491
00:21:54,060 --> 00:21:54,560
Thank you.

492
00:21:54,560 --> 00:21:59,580
Yeah that's what you're
hearing today and feeling.

493
00:21:59,580 --> 00:22:01,940
And the questions
that Alder Johnson

494
00:22:01,940 --> 00:22:06,020
had for you is what I
was interested in asking

495
00:22:06,020 --> 00:22:10,020
is, as far as modifying
that vertical language,

496
00:22:10,020 --> 00:22:15,140
construction commencing
in some capacity by June.

497
00:22:15,140 --> 00:22:18,720
And then that January 1, 2028.

498
00:22:18,720 --> 00:22:21,300
Maybe that can be modified
with some of the language

499
00:22:21,300 --> 00:22:22,320
that you were suggesting.

500
00:22:22,320 --> 00:22:26,460
But I think we really need to
zero in on some hard targets

501
00:22:26,460 --> 00:22:31,370
arguments to give us everybody
around the table confidence

502
00:22:31,370 --> 00:22:33,810
that we're committed to them.

503
00:22:33,810 --> 00:22:36,650
I didn't come here thinking
that you were going to just

504
00:22:36,650 --> 00:22:38,270
say yes with no conversation.

505
00:22:38,270 --> 00:22:41,870
I understand that the
patience is wearing thin,

506
00:22:41,870 --> 00:22:44,790
so I just want to do
my part by saying,

507
00:22:44,790 --> 00:22:47,290
I understanding that you
need to start getting

508
00:22:47,290 --> 00:22:48,950
revenue and taxable value.

509
00:22:48,950 --> 00:22:51,090
I want to put language in
there that we take care

510
00:22:51,090 --> 00:22:53,530
of that no matter what,
in order so that I'm

511
00:22:53,530 --> 00:22:55,650
serious to move forward.

512
00:22:55,650 --> 00:23:00,970
And that is what I can offer
and I can offer you up the fact

513
00:23:00,970 --> 00:23:02,650
that we are actively
developing, I

514
00:23:02,650 --> 00:23:06,590
can open up my financial
statement and all those things.

515
00:23:06,590 --> 00:23:10,470
I'm happy to do all of that for
you, that as much as I can do,

516
00:23:10,470 --> 00:23:17,050
other than getting your team's
buy in to give more time.

517
00:23:17,050 --> 00:23:17,870
Thank you, Mr. mayor.

518
00:23:17,870 --> 00:23:20,410
Have you had time to react
to the language on this.

519
00:23:20,410 --> 00:23:21,830
OK sorry, Gary.

520
00:23:21,830 --> 00:23:23,650
I was just asking him if
he had an opportunity yet

521
00:23:23,650 --> 00:23:27,410
to react to this language
to offer substitute it.

522
00:23:27,410 --> 00:23:28,990
His response was not yet so.

523
00:23:28,990 --> 00:23:32,290


524
00:23:32,290 --> 00:23:33,650
He has seen the language.

525
00:23:33,650 --> 00:23:35,450
Yeah, but I mean to have,
like his attorney vetted

526
00:23:35,450 --> 00:23:39,930
to offer alternative language
that we could react to

527
00:23:39,930 --> 00:23:41,570
and either agree to or reject.

528
00:23:41,570 --> 00:23:44,250
I think it was important
for me to come today.

529
00:23:44,250 --> 00:23:46,490
I haven't had a chance.

530
00:23:46,490 --> 00:23:48,550
The legal team hasn't
had a chance to respond.

531
00:23:48,550 --> 00:23:49,430
I have seen the dates.

532
00:23:49,430 --> 00:23:52,150
I have given feedback
that they're not possible.

533
00:23:52,150 --> 00:23:53,770
I know that I'm not
an attorney, but I

534
00:23:53,770 --> 00:23:55,690
know that the dates don't work.

535
00:23:55,690 --> 00:23:57,050
But now we have to.

536
00:23:57,050 --> 00:24:00,170
We have to change the dates and
the legal team has to weigh in.

537
00:24:00,170 --> 00:24:01,390
It was important to come today.

538
00:24:01,390 --> 00:24:02,850
That's the reasonable statement.

539
00:24:02,850 --> 00:24:06,130
Like, OK then what
dates do work.

540
00:24:06,130 --> 00:24:07,770
Like, if you're a
million bucks in

541
00:24:07,770 --> 00:24:11,490
and you don't have a project
schedule like that feels.

542
00:24:11,490 --> 00:24:13,550
That feels peculiar, right.

543
00:24:13,550 --> 00:24:16,190
You're almost ready for pricing.

544
00:24:16,190 --> 00:24:17,550
Ready set of drawings.

545
00:24:17,550 --> 00:24:22,390
And you don't have the project
schedule, but you like it.

546
00:24:22,390 --> 00:24:23,710
Just that feels fishy.

547
00:24:23,710 --> 00:24:27,120
So, OK, if these dates don't
work, what dates do work.

548
00:24:27,120 --> 00:24:30,000
That's reasonable.

549
00:24:30,000 --> 00:24:32,140
I think I can give you
a project schedule.

550
00:24:32,140 --> 00:24:35,380
I just didn't we've talked
a little bit about it today,

551
00:24:35,380 --> 00:24:38,440
but this just came
to me and I needed

552
00:24:38,440 --> 00:24:40,780
to meet with the team
today, which I just left,

553
00:24:40,780 --> 00:24:43,520
walked from that meeting
with the foundation team

554
00:24:43,520 --> 00:24:46,720
to you today so that I
could have real dates.

555
00:24:46,720 --> 00:24:51,340
I mean, I came here as
a sign of good faith,

556
00:24:51,340 --> 00:24:53,300
but we're not there
to the dates yet.

557
00:24:53,300 --> 00:24:54,420
But I do respect.

558
00:24:54,420 --> 00:24:57,200
You're saying I need to have
those to you, and we will.

559
00:24:57,200 --> 00:24:59,680
That's not a problem
in a solution.

560
00:24:59,680 --> 00:25:00,940
Yeah, that's pretty standard.

561
00:25:00,940 --> 00:25:05,000
Yeah any other
questions for Brent.

562
00:25:05,000 --> 00:25:07,220
Yeah just given dates.

563
00:25:07,220 --> 00:25:09,520
This discussion
that when could you

564
00:25:09,520 --> 00:25:12,920
have a proposal to a
proposal back on the dates.

565
00:25:12,920 --> 00:25:15,560
I don't know about the attorney,
but as far as high level

566
00:25:15,560 --> 00:25:17,840
like dates, I would
be happy to get those

567
00:25:17,840 --> 00:25:20,360
to you no later than next week.

568
00:25:20,360 --> 00:25:21,260
End of next week.

569
00:25:21,260 --> 00:25:24,690
Yes but I'm not.

570
00:25:24,690 --> 00:25:28,630
I can't promise an attorney
can do anything beyond.

571
00:25:28,630 --> 00:25:29,610
I can do that.

572
00:25:29,610 --> 00:25:33,870
Personally the attorney
language, I don't know.

573
00:25:33,870 --> 00:25:36,350
I would think it would
not take long anymore.

574
00:25:36,350 --> 00:25:38,030
I would generally
think it would.

575
00:25:38,030 --> 00:25:39,830
I don't either, but.

576
00:25:39,830 --> 00:25:44,563
But you're asking me to
give a specific time limit.

577
00:25:44,563 --> 00:25:45,530
I can tell you what I can do.

578
00:25:45,530 --> 00:25:47,830
I can't put somebody
else on that clock

579
00:25:47,830 --> 00:25:49,650
to without talking to them.

580
00:25:49,650 --> 00:25:52,830


581
00:25:52,830 --> 00:25:56,270
OK Any other
questions for Brent.

582
00:25:56,270 --> 00:25:58,990
If not, we'll see you back
to regular order of business.

583
00:25:58,990 --> 00:26:00,150
Thanks for having me.

584
00:26:00,150 --> 00:26:00,890
I appreciate it.

585
00:26:00,890 --> 00:26:01,590
Thank you.

586
00:26:01,590 --> 00:26:04,510
Thanks for your input.

587
00:26:04,510 --> 00:26:09,730
Second Debbie Gibson with a no.

588
00:26:09,730 --> 00:26:12,070
I will entertain a motion
to go into closed session.

589
00:26:12,070 --> 00:26:17,190
Ma'am what's it.

590
00:26:17,190 --> 00:26:19,590
The authority to convene
in closed session

591
00:26:19,590 --> 00:26:25,070
pursuant to sections 19.85.

592
00:26:25,070 --> 00:26:29,550
Let's see I sub section D,
Wisconsin statutes for purposes

593
00:26:29,550 --> 00:26:32,930
of deliberating and negotiating
the sale of public properties,

594
00:26:32,930 --> 00:26:35,510
investing of public funds
or conducting other.

595
00:26:35,510 --> 00:26:38,510
Specified public businesses
necessary for competitive

596
00:26:38,510 --> 00:26:39,950
or bargaining reasons.

597
00:26:39,950 --> 00:26:41,670
The authority may thereafter.

598
00:26:41,670 --> 00:26:46,410
Reconvene in open session
pursuant to Section 1985,

599
00:26:46,410 --> 00:26:49,550
subsection 2, Wisconsin
statutes to report the results

600
00:26:49,550 --> 00:26:51,030
of the closed
session and consider

601
00:26:51,030 --> 00:26:53,990
the balance of the agenda here.

602
00:26:53,990 --> 00:27:00,710
OK, I'll make a motion and
a second by elder Texas.

603
00:27:00,710 --> 00:27:03,470
I need a roll call over here.

604
00:27:03,470 --> 00:27:05,710
Yeah roll call please.

605
00:27:05,710 --> 00:27:07,290
OK here.

606
00:27:07,290 --> 00:27:17,030
Yes OK, so we are
in closed session.

607
00:27:17,030 --> 00:27:17,950
Thank you.

608
00:27:17,950 --> 00:27:20,540
Yep don't know.

609
00:27:20,540 --> 00:27:24,893
Yeah in progress.

610
00:27:24,893 --> 00:27:25,760
You're back on the record.

611
00:27:25,760 --> 00:27:27,420
Jeff is here.

612
00:27:27,420 --> 00:27:29,140
Oh he is.

613
00:27:29,140 --> 00:27:31,780
Well are you.

614
00:27:31,780 --> 00:27:38,320
OK here we are.

615
00:27:38,320 --> 00:27:40,380
Back into open session.

616
00:27:40,380 --> 00:27:44,380
And so I will entertain a motion
based on discussion in process.

617
00:27:44,380 --> 00:27:49,700
I would make a motion that
we hold any action on today.

618
00:27:49,700 --> 00:27:54,580
Agenda item until our
next regularly scheduled

619
00:27:54,580 --> 00:27:56,940
meeting, which is March 10.

620
00:27:56,940 --> 00:28:00,140
And that we will have a
communication with the developer

621
00:28:00,140 --> 00:28:04,820
and request a response from
them by end of day March 5.

622
00:28:04,820 --> 00:28:08,420
So a week from Thursday
to get current status

623
00:28:08,420 --> 00:28:10,660
of construction documents.

624
00:28:10,660 --> 00:28:12,900
And then a schedule
from them that

625
00:28:12,900 --> 00:28:17,140
has dates for proof of financing
what their full development

626
00:28:17,140 --> 00:28:21,130
schedule is a start
of construction date

627
00:28:21,130 --> 00:28:24,690
and a proposal on
the income increment

628
00:28:24,690 --> 00:28:27,210
to be paid to the
city of Green Bay

629
00:28:27,210 --> 00:28:34,090
if the project is not
completed by December 31, 2027.

630
00:28:34,090 --> 00:28:38,370
It's pretty clear
there a second.

631
00:28:38,370 --> 00:28:39,810
Oh, there it is.

632
00:28:39,810 --> 00:28:42,370
OK motion and second.

633
00:28:42,370 --> 00:28:46,090
Any questions or comments
in regard to the motion.

634
00:28:46,090 --> 00:28:46,950
All those in favor.

635
00:28:46,950 --> 00:28:48,510
The motion say Aye.

636
00:28:48,510 --> 00:28:49,950
Aye opposed.

637
00:28:49,950 --> 00:28:50,790
Motion carries.

638
00:28:50,790 --> 00:28:52,210
Thank you.

639
00:28:52,210 --> 00:28:53,030
Great discussion.

640
00:28:53,030 --> 00:28:56,010
Thanks, everybody Mr.
Johnson Mr. mayor, everybody.

641
00:28:56,010 --> 00:28:57,450
Excellent discussion.

642
00:28:57,450 --> 00:28:59,470
Well, we got one point
done at this pace.

643
00:28:59,470 --> 00:29:03,550
We only have two hours
to go a little faster.

644
00:29:03,550 --> 00:29:06,810
OK agenda item number two.

645
00:29:06,810 --> 00:29:07,470
Oh my God.

646
00:29:07,470 --> 00:29:10,370
Yes and I really
appreciate your patience.

647
00:29:10,370 --> 00:29:13,390
Patience number two.

648
00:29:13,390 --> 00:29:15,730
Consideration with possible
action to approve a scope

649
00:29:15,730 --> 00:29:20,490
of work Amendment to
isg's contract to include

650
00:29:20,490 --> 00:29:22,690
construction, observation
and reporting services

651
00:29:22,690 --> 00:29:25,970
to the duration of the
construction of the light park

652
00:29:25,970 --> 00:29:29,690
shelter on a material basis,
with an estimated total

653
00:29:29,690 --> 00:29:34,450
cost of 230,000, and that is.

654
00:29:34,450 --> 00:29:36,410
Turn that over to
Director ditscheit.

655
00:29:36,410 --> 00:29:41,810
Totally damed today to
say we just approved this.

656
00:29:41,810 --> 00:29:46,630
Yeah so as we approved awarding
the construction contract.

657
00:29:46,630 --> 00:29:49,770
We do have a pre-construction
meeting next week

658
00:29:49,770 --> 00:29:54,610
scheduled to kick off the
construction of the shelter.

659
00:29:54,610 --> 00:29:57,690
So as part of that,
what we'd like to do

660
00:29:57,690 --> 00:30:00,610
is hire ISG on a time
and materials basis

661
00:30:00,610 --> 00:30:04,530
to do on site
construction supervision.

662
00:30:04,530 --> 00:30:07,410
So in essence, they would
be on site making sure

663
00:30:07,410 --> 00:30:12,410
that the contractor is building
everything to appropriate plans

664
00:30:12,410 --> 00:30:14,150
and specifications.

665
00:30:14,150 --> 00:30:17,240
And then they would
report out accordingly.

666
00:30:17,240 --> 00:30:19,840
This is something
that public works

667
00:30:19,840 --> 00:30:23,480
doesn't have the
staffing available to do

668
00:30:23,480 --> 00:30:25,960
a project of this magnitude.

669
00:30:25,960 --> 00:30:28,780
So we'd like to
outsource those services.

670
00:30:28,780 --> 00:30:32,360
So public works did reach
out to five vendors.

671
00:30:32,360 --> 00:30:37,480
Only one vendor provided a
quote with the availability

672
00:30:37,480 --> 00:30:39,600
to do that in the
time frame that we're

673
00:30:39,600 --> 00:30:42,280
looking for construction.

674
00:30:42,280 --> 00:30:45,700
As I mentioned, we would pay
them on time and materials,

675
00:30:45,700 --> 00:30:48,660
so we would dictate how
much they would be on site.

676
00:30:48,660 --> 00:30:52,480
We would tell them we want you
on site on these days and times

677
00:30:52,480 --> 00:30:54,760
to supervise this construction.

678
00:30:54,760 --> 00:30:58,320
We would pay them on an hourly
rate based on the attached

679
00:30:58,320 --> 00:31:00,920
fee of service charges.

680
00:31:00,920 --> 00:31:02,900
That's attached to
the agenda packet.

681
00:31:02,900 --> 00:31:05,880
That's their hourly rate,
depending on which engineer

682
00:31:05,880 --> 00:31:07,540
or inspector is on site.

683
00:31:07,540 --> 00:31:11,520
We would pay them per hour based
on that particular individual.

684
00:31:11,520 --> 00:31:14,250
And like I said, it would be
paid on time and materials.

685
00:31:14,250 --> 00:31:18,750
ISG is saying that based on
a project of this magnitude,

686
00:31:18,750 --> 00:31:20,350
they're estimating
that the total

687
00:31:20,350 --> 00:31:25,590
cost would be about $230,000
at the end of the project.

688
00:31:25,590 --> 00:31:29,330
Again, that's not a
final end dollar amount.

689
00:31:29,330 --> 00:31:32,010
It's really based on how
much we need them on site.

690
00:31:32,010 --> 00:31:34,230
It might be higher or lower.

691
00:31:34,230 --> 00:31:38,190
I will say that there is enough
money in the TID right now

692
00:31:38,190 --> 00:31:43,050
to approve this scope of work,
assuming that in the end,

693
00:31:43,050 --> 00:31:46,430
it comes into about $230,000.

694
00:31:46,430 --> 00:31:50,630
But I will also let that eats
up most of our construction

695
00:31:50,630 --> 00:31:52,770
contingency moving forward.

696
00:31:52,770 --> 00:31:54,670
So we'll have to
come back and have

697
00:31:54,670 --> 00:31:57,990
a discussion at a later date
about the project budget

698
00:31:57,990 --> 00:31:59,710
as a whole.

699
00:31:59,710 --> 00:32:01,670
But that being
said, I don't think

700
00:32:01,670 --> 00:32:04,870
that the decision
today prohibits

701
00:32:04,870 --> 00:32:06,970
us from having that discussion.

702
00:32:06,970 --> 00:32:10,890
So if construction is starting
in the next couple of weeks,

703
00:32:10,890 --> 00:32:14,230
we want somebody on
site supervising that.

704
00:32:14,230 --> 00:32:19,110
And we'll be having the budget
discussion sooner than later

705
00:32:19,110 --> 00:32:20,750
for this project.

706
00:32:20,750 --> 00:32:22,930
And so we do want
somebody on site.

707
00:32:22,930 --> 00:32:25,090
And since we're paying
them time and materials,

708
00:32:25,090 --> 00:32:30,650
we're not locked into a
contract Amendment of $230,000.

709
00:32:30,650 --> 00:32:33,530
So I would recommend
approval at this time.

710
00:32:33,530 --> 00:32:36,470
It just really amends
their scope of services

711
00:32:36,470 --> 00:32:38,590
and allows this
additional service that

712
00:32:38,590 --> 00:32:41,310
wasn't in the original quote.

713
00:32:41,310 --> 00:32:44,230
Your past experience
obviously with ISG is good.

714
00:32:44,230 --> 00:32:44,970
Yes yeah.

715
00:32:44,970 --> 00:32:48,670
They've been a great
company to work with.

716
00:32:48,670 --> 00:32:51,930
This is our first time working
with them as a Parks Department,

717
00:32:51,930 --> 00:32:55,310
but I think the city has worked
with them on other things.

718
00:32:55,310 --> 00:32:57,770
OK I just don't remember.

719
00:32:57,770 --> 00:32:59,510
What was the construction cost.

720
00:32:59,510 --> 00:33:01,190
Was that contract
value for this.

721
00:33:01,190 --> 00:33:05,190
I don't have that in front of
me, but it's roughly $5 million.

722
00:33:05,190 --> 00:33:09,830
Yeah, that's not exactly
right, but it's close.

723
00:33:09,830 --> 00:33:13,720
So when we approved that,
we approved the contractor.

724
00:33:13,720 --> 00:33:16,940
The contractor isn't doing this.

725
00:33:16,940 --> 00:33:19,180
Well, the contractor is
building it to their best

726
00:33:19,180 --> 00:33:20,320
of their abilities.

727
00:33:20,320 --> 00:33:23,780
What we want is just to have
somebody on site making sure

728
00:33:23,780 --> 00:33:27,820
that they are actually building
it to plans and specifications.

729
00:33:27,820 --> 00:33:30,960
We do that for nearly
every single project.

730
00:33:30,960 --> 00:33:34,000
So if you go to a road
project in the city,

731
00:33:34,000 --> 00:33:35,540
you'll see that
public works will

732
00:33:35,540 --> 00:33:39,660
have a staff member assigned
to do that on site supervision.

733
00:33:39,660 --> 00:33:43,780
We're currently doing some
renovations to the pavilion.

734
00:33:43,780 --> 00:33:47,200
We do have staff members
out there supervising that,

735
00:33:47,200 --> 00:33:49,300
making sure that
it's done properly

736
00:33:49,300 --> 00:33:51,220
and to our satisfaction.

737
00:33:51,220 --> 00:33:54,100
The difference with this
is just the magnitude of it

738
00:33:54,100 --> 00:33:56,300
and the complexity of it.

739
00:33:56,300 --> 00:33:58,380
It's kind of a
highly skilled trade

740
00:33:58,380 --> 00:34:03,060
to be able to monitor a
construction of this magnitude,

741
00:34:03,060 --> 00:34:06,260
and public works does
not have the staffing

742
00:34:06,260 --> 00:34:10,580
available to commit to it
for this particular project.

743
00:34:10,580 --> 00:34:13,540
Is that who normally
would do it.

744
00:34:13,540 --> 00:34:14,480
Yes and no.

745
00:34:14,480 --> 00:34:17,679
So there are some projects,
the majority of them,

746
00:34:17,679 --> 00:34:20,260
and Trista is here who can
answer some of those questions

747
00:34:20,260 --> 00:34:21,199
directly.

748
00:34:21,199 --> 00:34:24,820
But the majority of Public
Works construction projects

749
00:34:24,820 --> 00:34:27,900
are done internally,
but not all of them.

750
00:34:27,900 --> 00:34:31,239
There are some projects
that are quoted out,

751
00:34:31,239 --> 00:34:35,100
and we have inspection services
provided as the scope of work

752
00:34:35,100 --> 00:34:38,900
of that particular project.

753
00:34:38,900 --> 00:34:41,800
So you're paying somebody time
and material no matter what.

754
00:34:41,800 --> 00:34:44,360
Just either our payroll
or you're outsourcing it.

755
00:34:44,360 --> 00:34:47,500
Correct OK.

756
00:34:47,500 --> 00:34:48,679
Questions for Jen.

757
00:34:48,679 --> 00:34:51,540


758
00:34:51,540 --> 00:34:53,699
Deanna doing quick math.

759
00:34:53,699 --> 00:34:54,760
3/4 of a mil.

760
00:34:54,760 --> 00:34:56,260
Over 15.

761
00:34:56,260 --> 00:34:58,420
Over $5 million
worth of construction

762
00:34:58,420 --> 00:35:06,060
is like 15% fee
5 2% Or it's 280.

763
00:35:06,060 --> 00:35:09,850
Well, seven 500 plus 250.

764
00:35:09,850 --> 00:35:13,730
So total their total design
services for three quarters

765
00:35:13,730 --> 00:35:16,530
of a million on $5 million
worth of construction

766
00:35:16,530 --> 00:35:19,370
is about 15% fee.

767
00:35:19,370 --> 00:35:20,890
It's a little steep.

768
00:35:20,890 --> 00:35:24,150
But they also designed the
other half of the project.

769
00:35:24,150 --> 00:35:25,710
That would be another 5 million.

770
00:35:25,710 --> 00:35:27,470
That's not being done right now.

771
00:35:27,470 --> 00:35:28,790
That starts to make more sense.

772
00:35:28,790 --> 00:35:29,650
Yes OK.

773
00:35:29,650 --> 00:35:34,010
Yeah That makes more sense.

774
00:35:34,010 --> 00:35:36,410
Yeah OK.

775
00:35:36,410 --> 00:35:38,810
And is it common
when we put stuff out

776
00:35:38,810 --> 00:35:40,590
for bid, like, five vendors.

777
00:35:40,590 --> 00:35:41,630
Sounds like quite a bit.

778
00:35:41,630 --> 00:35:43,310
And only one response.

779
00:35:43,310 --> 00:35:46,370
Yeah, it depends
on what the service

780
00:35:46,370 --> 00:35:47,790
is that you're quoting out.

781
00:35:47,790 --> 00:35:51,470
There are times when we just get
one vendor quote on something.

782
00:35:51,470 --> 00:35:53,850
There's other times when
it's more competitive.

783
00:35:53,850 --> 00:35:56,410
In this case, these
services, there

784
00:35:56,410 --> 00:36:00,010
aren't a lot of people that
can provide these services.

785
00:36:00,010 --> 00:36:02,130
And a lot of the
consultants that

786
00:36:02,130 --> 00:36:03,850
have the capabilities
and skilled

787
00:36:03,850 --> 00:36:05,810
are already locked
up for the year.

788
00:36:05,810 --> 00:36:07,960
They kind of have their
inspectors already

789
00:36:07,960 --> 00:36:10,520
scheduled for other things.

790
00:36:10,520 --> 00:36:14,200
So this is something
that of the vendors

791
00:36:14,200 --> 00:36:17,160
we reached out we
only got one quote.

792
00:36:17,160 --> 00:36:18,640
I'm sorry, what did you say.

793
00:36:18,640 --> 00:36:22,040
I would respond to the RFP.

794
00:36:22,040 --> 00:36:24,220
I'm looking over somebody
else's stuff like that.

795
00:36:24,220 --> 00:36:25,780
I mean, it was a
pretty small community.

796
00:36:25,780 --> 00:36:26,860
That's weird.

797
00:36:26,860 --> 00:36:30,480
Anyway like you got it.

798
00:36:30,480 --> 00:36:32,160
There's some cultural.

799
00:36:32,160 --> 00:36:32,820
Well, yeah.

800
00:36:32,820 --> 00:36:35,260
I mean, if you want to sync
up and take your County,

801
00:36:35,260 --> 00:36:37,640
then you would then you
would sign up and tell all

802
00:36:37,640 --> 00:36:38,700
the terrible things they did.

803
00:36:38,700 --> 00:36:40,240
But then nobody wants
to play that game.

804
00:36:40,240 --> 00:36:40,980
That's not good.

805
00:36:40,980 --> 00:36:43,400
But in this case,
it is also helpful

806
00:36:43,400 --> 00:36:48,520
that the company that's doing
the construction observation

807
00:36:48,520 --> 00:36:51,080
is also the company
that designed it.

808
00:36:51,080 --> 00:36:53,360
So that's extremely helpful.

809
00:36:53,360 --> 00:36:54,140
I would agree.

810
00:36:54,140 --> 00:36:56,960


811
00:36:56,960 --> 00:37:00,160
I have a question for Dan.

812
00:37:00,160 --> 00:37:02,160
If not, I'll entertain a motion.

813
00:37:02,160 --> 00:37:08,920
I'll make a motion to approve
the Amendment to refuse contract

814
00:37:08,920 --> 00:37:12,080
for the duration of the
construction on a time

815
00:37:12,080 --> 00:37:14,400
and materials basis,
with an estimated total

816
00:37:14,400 --> 00:37:19,720
cost not to exceed $230,000.

817
00:37:19,720 --> 00:37:21,800
Second second.

818
00:37:21,800 --> 00:37:23,640
Motion and second.

819
00:37:23,640 --> 00:37:27,360
Any questions or comments
in regards to the motion,

820
00:37:27,360 --> 00:37:28,940
but all those in
favor of the motion.

821
00:37:28,940 --> 00:37:30,240
Please say Aye.

822
00:37:30,240 --> 00:37:31,980
Aye opposed.

823
00:37:31,980 --> 00:37:32,900
Motion carried.

824
00:37:32,900 --> 00:37:34,480
Thank you.

825
00:37:34,480 --> 00:37:38,980
Information Our next meeting is.

826
00:37:38,980 --> 00:37:43,760


827
00:37:43,760 --> 00:37:49,340
We might have amended
the agenda 24.5 hours.

828
00:37:49,340 --> 00:37:50,400
We have a meeting.

829
00:37:50,400 --> 00:37:52,160
The meeting.

830
00:37:52,160 --> 00:37:54,720
OK I guess I don't
have it talking about.

831
00:37:54,720 --> 00:38:01,280
I do number 3, consideration
and possible action

832
00:38:01,280 --> 00:38:05,230
to approve an extension for
gem cap Green Bay fire station

833
00:38:05,230 --> 00:38:08,510
apartments, LLC,
extending the lease

834
00:38:08,510 --> 00:38:11,270
payment deadline to April 30.

835
00:38:11,270 --> 00:38:11,870
Thank you.

836
00:38:11,870 --> 00:38:14,410
OK I see Lisa, please.

837
00:38:14,410 --> 00:38:15,390
Yes thank you.

838
00:38:15,390 --> 00:38:17,550
So I apologize that
there's not a document

839
00:38:17,550 --> 00:38:19,130
and this was added last minute.

840
00:38:19,130 --> 00:38:22,790
So as this is for general
capitals, our developer

841
00:38:22,790 --> 00:38:26,550
at the New fire station as well
as their affordable apartments.

842
00:38:26,550 --> 00:38:34,670
So there's a number of
perspective financing processes

843
00:38:34,670 --> 00:38:35,950
playing out right now.

844
00:38:35,950 --> 00:38:39,070
And our ground lease, which
was one of the many documents

845
00:38:39,070 --> 00:38:43,610
you approved last year had
that was dated September 25,

846
00:38:43,610 --> 00:38:48,110
and that ground lease payment
needed to be paid by October 26

847
00:38:48,110 --> 00:38:49,970
for compliance with
other requirements.

848
00:38:49,970 --> 00:38:52,310
We are asking to push that
out to April because we've

849
00:38:52,310 --> 00:38:54,510
run into some issues
where some of that

850
00:38:54,510 --> 00:38:58,770
was going to be paid from
era funds from the County,

851
00:38:58,770 --> 00:39:00,390
from the Department of Treasury.

852
00:39:00,390 --> 00:39:03,560
And we've run into some pushback
on eligibility for that,

853
00:39:03,560 --> 00:39:05,160
and we're trying to work
through that right now.

854
00:39:05,160 --> 00:39:08,340
So pushing it out to April
will give us some more time

855
00:39:08,340 --> 00:39:11,060
to work on that while keeping
the developer in compliance

856
00:39:11,060 --> 00:39:14,620
with their requirements
and the developers

857
00:39:14,620 --> 00:39:17,180
on if you have any questions.

858
00:39:17,180 --> 00:39:18,620
Good afternoon, everyone.

859
00:39:18,620 --> 00:39:21,020
Hello I'm all set.

860
00:39:21,020 --> 00:39:22,880
Yeah I'm sorry.

861
00:39:22,880 --> 00:39:25,580
You said you had sat
around for a month.

862
00:39:25,580 --> 00:39:27,380
From my opinion,
this one doesn't

863
00:39:27,380 --> 00:39:28,920
need a lot of discussion.

864
00:39:28,920 --> 00:39:30,620
He loves us unless
he wants to take

865
00:39:30,620 --> 00:39:33,820
the risk of saying something
and potentially leading

866
00:39:33,820 --> 00:39:35,540
us down the right track.

867
00:39:35,540 --> 00:39:36,920
I know better than that.

868
00:39:36,920 --> 00:39:39,160
You just.

869
00:39:39,160 --> 00:39:40,560
You just nod and say thank you.

870
00:39:40,560 --> 00:39:44,560
And we're looking forward to
continuing down this path.

871
00:39:44,560 --> 00:39:48,460
So just remember this was
a very complicated capital

872
00:39:48,460 --> 00:39:50,200
stacks structure.

873
00:39:50,200 --> 00:39:52,660
And I remember
talking about this I

874
00:39:52,660 --> 00:39:55,700
couldn't explain it very well.

875
00:39:55,700 --> 00:39:56,840
Legal standpoint.

876
00:39:56,840 --> 00:40:00,580
So I'll make a motion to approve
the extension for Green Bay fire

877
00:40:00,580 --> 00:40:02,820
station apartments,
LLC, extending

878
00:40:02,820 --> 00:40:06,940
the ground lease payment to a
deadline of April 30 of 2026.

879
00:40:06,940 --> 00:40:08,260
Motion by Alder.

880
00:40:08,260 --> 00:40:10,060
Second Second by Matt.

881
00:40:10,060 --> 00:40:12,900
Questions or comments
in regard to the motion.

882
00:40:12,900 --> 00:40:15,360
If not, all those in favor of
the motion, please say Aye.

883
00:40:15,360 --> 00:40:16,600
Aye opposed.

884
00:40:16,600 --> 00:40:17,740
Motion carried.

885
00:40:17,740 --> 00:40:25,280
Not only is our next meeting
is Tuesday, March 10 and.

886
00:40:25,280 --> 00:40:28,260


887
00:40:28,260 --> 00:40:31,060
And so we are
getting our updates.

888
00:40:31,060 --> 00:40:31,920
We did it all.

889
00:40:31,920 --> 00:40:32,620
March yeah.

890
00:40:32,620 --> 00:40:36,220
Yeah thanks, everybody,
for coming out.

891
00:40:36,220 --> 00:40:38,040
Great turnout for
a special meeting.

892
00:40:38,040 --> 00:40:40,060
Thanks, everyone,
for coming in person.

893
00:40:40,060 --> 00:40:42,060
So much easier with
closed session.

894
00:40:42,060 --> 00:40:43,380
Oh my God.

895
00:40:43,380 --> 00:40:45,700
Great motion to adjourn.

896
00:40:45,700 --> 00:40:50,160
Second everybody in favor.

897
00:40:50,160 --> 00:40:53,460


898
00:40:53,460 --> 00:40:54,620
Say Aye.

899
00:40:54,620 --> 00:40:58,340
Aye Motion carried.

900
00:40:58,340 --> 00:40:59,500
Deliverance

901
00:40:59,500 --> 00:41:00,000