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EDA reviews Falling Branch construction payment, change order for buried stumps and Go Virginia clean-room grant

Montgomery County Economic Development Authority / Board of Supervisors (meeting) · September 24, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board reviewed Phase 2 Lot 2 construction at Falling Branch Corporate Park (a $2.8M Main Street Builders contract), discussed a third certified payment request of $374,385.33 and an anticipated change order for buried tree-stump disposal; the meeting also covered a $300,000 Go Virginia grant to support a shared biotech clean room and a regional commission bond plan to purchase a building.

Montgomery County staff updated the board on several economic-development items Thursday, including construction at Falling Branch Corporate Park, a regional commission plan to finance a building purchase, and a Go Virginia grant intended to support a shared biotech "clean room" facility.

On Falling Branch Phase 2, Speaker 1 said Lot 2 is under construction under a $2,800,000 contract with Main Street Builders. The contractor submitted its third payment request this cycle; Speaker 1 said the month's bill is $374,385.33 and that the engineer had certified the work. Staff told the board they expect to bring a change order at the next meeting to cover buried-material disposal after discovering roughly…

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