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Sevier County approves $5.41 million GMP for Kodak library; county to cover $257,664 shortfall
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Summary
At a March 7 joint meeting, Sevier County commissioners accepted a $5,407,664 guaranteed maximum price from Citadel Construction for the Gilreath Family Library — Kodak Branch, asked the library to raise $100,000 and agreed the county will fund the remaining $257,664; the motion passed unanimously.
Sevier County Mayor Larry Waters presented a guaranteed maximum price (GMP) from Citadel Construction totaling $5,407,664 for the Gilreath Family Library — Kodak Branch during the county's March 7 joint meeting. Waters asked that the library raise an additional $100,000 in fundraising and that the county cover the remaining $257,664.
Commissioner Carroll Rauhuff moved to accept the GMP, request the library to raise the additional funds, have the County fund the remainder, and accept and sign the contract with Citadel Construction. Commissioner Michael Maddron seconded the motion. The motion passed unanimously.
The acceptance authorizes the county to sign the construction contract with Citadel Construction; the transcript does not record a timetable for construction or additional budgetary appropriation details. No alternate funding sources or offsets were recorded in the meeting minutes. The county's next administrative steps in the transcript are to proceed with accepting and signing the contract.
The action was recorded as a formal motion and vote; the transcript reports the vote outcome as unanimous but does not list individual vote tallies in the minutes. The meeting adjourned at 5:26 PM.