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Board approves demolition contract and municipal advisory services for Lincoln County Commons project
Summary
The board awarded a demolition contract to Table Mountain for about $57,850 and selected Piper Sandler for municipal advisory services to pursue bond financing supported by future room tax revenue.
The Lincoln County Board of Commissioners approved two contract awards on April 2 for the Lincoln County Commons project: demolition services to Table Mountain and municipal advisory services to Piper Sandler.
Kristen Ewell, County Counsel, presented a demolition-services proposal from Table Mountain for specific buildings at the Commons. The enclosed bid is $57,849.60. Facilities Director Mr. Kopp told commissioners the buildings have been stripped of wiring and fixtures in preparation for demolition and are not safe to use this year; that is one reason the county will not host the county fair at the Commons this year.
Commissioner Miller moved to award the demolition contract to Table Mountain; Commissioner Chuck seconded the motion. The board approved the award by voice vote.
County counsel also described the municipal advisory RFP process for the bond sale to fund the Commons. Three firms were interviewed — First Triumph Advisors, PFM Financial Advisors, and Piper Sandler — and the committee recommended Piper Sandler. Commissioner Chuck moved to award municipal advisory services to Piper Sandler; Commissioner Miller seconded, and the board approved the contract by voice vote.
Chair Hall said bond proceeds are expected to be repaid from future room tax revenues rather than a general tax increase, and that bonds are intended to provide ongoing maintenance revenue as well as project funding. Staff will proceed with contracting and next steps for demolition and bond financing.
