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Board approves $7,500 engineering-fee increase; financing shows preliminary approval
Summary
Meeting participants approved a $7,500 increase to an engineering contract and heard that bank financing has preliminary approval pending final paperwork.
Meeting participants approved an increase to a previously authorized engineering contract and received an update that bank financing has preliminary approval but awaits final paperwork. The fee was described as rising by $7,500 from the amount the board approved in July, producing a new total fee of $37,050. Staff said a bank commitment letter is expected within days.
The change was presented as an amendment to a previously approved resolution; staff said the additional $7,500 reflects work tied to recent items including coordination with the bank…
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