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MFEDC approves $816,321 construction contract for West Innovation Loop
Summary
The Marble Falls Economic Development Corporation voted 7-0 May 6 to award a construction agreement to Packsaddle Management for the West Innovation Loop project, authorizing a base contract not to exceed $816,321 and a $24,179 bid alternate.
The Marble Falls Economic Development Corporation on May 6 approved a construction agreement with Packsaddle Management to build the West Innovation Loop and related improvements, authorizing a base contract not to exceed $816,321 and a bid alternate of $24,179. Director Dave Rhodes moved the measure and Director John Packer seconded; the board voted 7-0 to approve the award.
The project was presented as part of the regular agenda; the record shows the board agreed to the contract amounts and to proceed with the work. The board’s unanimous vote completes the procurement step and authorizes execution of the construction agreement. The motion as recorded in the meeting minutes includes the mover and seconder and a 7-0 tally.
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