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Board approves midpoint payments for 1125 Walnut Street and Central Hotel rehabilitation projects
Summary
The board approved midpoint payments for the 1125 Walnut Street project ($4,675) and four Central Hotel projects (totaling $50,000 as discussed), with staff noting paperwork corrections for the Walnut Street amount.
At the meeting, staff presented midpoint payment requests for two rehabilitation efforts: 1125 Walnut Street and four projects at the Central Hotel.
For 1125 Walnut Street, staff said work to demolish the house and level the lot is complete and that the project is requesting a midpoint payment of $4,675; staff corrected a prior paperwork discrepancy during the discussion. "The amount that they are requesting is 4,675," staff said, and later confirmed that figure for the board.
Central Hotel submitted four separate midpoint requests totaling $50,000 (transcript discussion: $12,500 per project, four projects). Staff reported completed work including replacement of metal roofs with new copper roofing, new gutters and downspouts, repairs to flat roofs and exterior painting begun.
A motion to approve the midpoints for Central Hotel (the four projects) and the 1125 Walnut Street project was made and seconded; the board approved the midpoints by voice vote. The transcript does not provide a roll-call tally or additional contractual details in the minutes.
