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Redevelopment board approves change order, roundabout payment and bond requisitions

Hobart City Redevelopment Authority Meeting · March 16, 2026
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Summary

The board approved change order #9 for the Colorado tracking project (about $6,688), authorized a partial roundabout payment of $253,350, and approved bond requisitions (76 and 77) and the register of claims totaling about $280,409.46.

The Hobart Redevelopment Authority approved a set of infrastructure payments and contract actions, including a change order for the Colorado tracking project, a partial roundabout payment and two bond requisitions.

Change order: Speaker 3 presented change order number 9, explaining the work is required so electricity connections can reach a junction box following a utility pole relocation. He told the board the item totals roughly $6,688.02 and that, despite the change order, the project remained “about $64,000 under budget,” meaning the RDC would not incur additional net costs at this time. The board moved, seconded and approved payment for change order #9.

Roundabout payment: The board reviewed a partial payment application for the roundabout project. Speaker 3 said crews had completed most of the work with only minor items outstanding; the payment discussed and approved at the meeting was $253,350.

Bond requisitions and claims: The board considered bond requisitions tied to lease-rental bond projects (requisition 76 and requisition 77) and approved both, recording motions and seconds. Staff also presented the register of claims and invoices—amounting to about $280,409.46—for RDC approval; the board voted to approve the register.

Why it matters: These approvals keep multiple capital projects moving and authorize payments necessary for contractor progress while staff monitors remaining punch-list items and overall project budgets.

Next steps: Staff will continue contract administration and return to the board with any subsequent change orders or outstanding invoices that materially change project budgets.