Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Anderson redevelopment commission approves two draws for Finmar project amid continuing construction delays
Summary
The Anderson Redevelopment Commission approved two payments covering soft costs and construction draws for the Finmar (Bingham/Madison) redevelopment project while commissioners pressed the developer for clearer timelines after being told the site is 34% complete.
The Anderson Redevelopment Commission on Sept. 9 approved two payments for the Finmar redevelopment project and heard extended discussion about construction delays and the project timeline.
Commissioners voted to approve the city’s portion of Draw 18 — $588,808 — and to pay soft costs from Draw 14 totaling $26,583.70, actions the commission chair said were supported by monthly certification from the project’s design reviewer. Both votes passed unanimously, 5-0.
The commission’s staff and consultants updated members on the construction schedule. The construction manager reported ACE Hardware work was being installed this week and next, and gave a projected soft opening date for ACE of Oct. 13. Staff said the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
