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Board approves letter of intent with CB&I for 1.25 million‑gallon water tower after staff identifies cost savings
Summary
Staff recommended and the board approved a letter of intent to negotiate a contract with Chicago Bridge & Iron (CB&I) for a 1,250,000-gallon water tower. Staff outlined several cost-saving changes that together could reduce project cost by roughly $618,000 so far and said the village will review water-rate implications during the budget process.
Adam told the board the village has been pursuing a water tower project and staff had been directed to negotiate a contract directly with Chicago Bridge & Iron (CB&I). He said staff had been focused on a 1,250,000-gallon tower rather than a 1,000,000-gallon option because of storage needs and a modest price difference. "Given our storage capacity needs ... we decided that it was more important to have the 1,250,000 gallon tower," Adam said.
Later in the presentation, a staff member (identified in the record as Brian in subsequent remarks) said they had worked with EEI and CB&I to find cost-saving measures. He listed estimated savings: removing paint containment (~$240,000), revised foundation work (~$138,000) and a potential construction bond deduct (~$240,000). He said those changes required some investment from the contractor to keep work moving and recommended awarding the notification of intent to CB&I so the project would not be delayed.
Staff noted the project is large (on the order of multiple millions) and that they will review water rates in the budget cycle to discuss appropriate funding levels for the water fund. The board approved the notification of intent to CB&I to continue project work; staff did not state a final contract price on the record.
