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HomeMy WebLinkAboutDowntown Development Authority - Minutes - 03/02/1995d daDotvNTOWN � DEVELOPMENT AUTHORITY ONE WEST CONTEMPORARY ART CENTER Telephone (303) 484-2020 201 SOUTH COLLEGE AVENUE, FORT COLLINS, CO 80524 Telefax (303) 484-2069 DOWNTOWN DEVELOPMENT AUTHORITY Regular Directors' Meeting MINUTES OF MARCH 2, 1995 REGULAR MEETING The Board of Directors of the Downtown Development Authority met in regular session at 7:30 a.m. March 12, 1995 in the One West Art Center Conference Room, 201 South College Avenue. PRESENT Board Members: Stephen Slezak, Chair presiding Mary Brayton Roger Gunlikson Chuck Wanner Bonnie Bigler-Szidon Ed Baldwin Rick Goodale Board Members Absent: Carey Hewitt Jim Martell Support Personnel: Chip Steiner, Consultant Lucia Liley, Legal Counsel CALL TO ORDER Steve Slezak called the meeting to order. Mr. Gunlikson moved approval of the February 2, 1995 minutes. Mr. Wanner seconded and the motion carried unanimously. OPERA GALLERIA ATRIUM HOURS Mr. Steiner introduced this item which had been tabled at the February 2, 1995 meeting to allow more opportunity for public input. Ms. Carol Plock of the Poudre Valley Hospital District addressed the Board with the concern that the PVH offices provided conference room space to many groups that met after hours and which required access by the public. She requested the atrium stay open until at least 8 p.m. Mr. Greg Bell, an attorney with offices on the second floor of the Galleria and partner in the Java Page 2. Mar. 95 DDA Minutes 3/5/95 Plaza Coffee House located on the first floor of the Galleria, made the following observations: * Java Plaza requires access to the atrium since it must use the common -area restrooms; * The atrium becomes busy after 7 p.m. with many people passing through from the LaPorte Parking Lot to College Avenue and that the pedestrian traffic increases in the summer; * Java Plaza stays open until 11 p.m. Mr. Brad Allen, a partner in Java Plaza and an attorney in the Galleria said that security is in issue concerning all tenants but that shutting down the atrium would increase the problem --the more traffic, the less need to secure the area. Ms. Susie Wilhite, owner of Expressions, said she has had confrontations with teenagers and transients in the atrium. She said kids hung out in the atrium, smoking, vandalizing the area, and destroying the restrooms. Mr. Steve Christian, legal counsel to Galleria owner Sevo-Miller, stated that the proposed opening hours of the atrium would run to 30 minutes beyond closing of the last retail store. He also noted that panic bars were being installed on all doors. Mr. Cal Bruxvoort, second floor tenant and partner in Java Plaza, said that Java Plaza generated much business for other tenants in the building. He suggested blocking access to elevators and stairs to reduce vandalism to upper floors. Mr. Mark Werner, first floor retail tenant, said most problems occurred between the time retailers closed and Java Plaza closed. Ms.Helen Ford, Galleria maintenance manager, said problems included missing faucets, vomit and urine on the floors, cigarette butts and. graffiti, sleeping transients, rollerblading through the atrium, sliding down the glass skylights on the roof. Ms. MaryAnn Martell, future retail tenant, expressed concern about vandalism, trash, and potential code violations by locking off the upper floors. Page 3. Mar. 95 DDA Minutes 3/5/95 Ms. Mary Torrez, retail owner, noted that her store had no exposure to College Avenue and that pedestrian traffic through the atrium was important. She suggested increasing on -site security rather than shortening the hours. Board discussion followed public input. Ms. Brayton reported that the Downtown Business Association strongly urged that accessibility to the building be maintained. Mr. Wanner said it was not the DDA's responsibility to negotiate between tenants and owners and noted that the atrium was public space. Mr. Goodale moved to close the atrium .at 9:45 p.m.every evening. Mr. Baldwin seconded. Mr. Wanner offered a friendly amendment to note the owner's responsibility to secure and maintain their space and that closing time should be 10 p.m. during mountain standard time and 11 p.m. during daylight savings time. Counselor Liley pointed out that all changes should comply with code and that all changes were subject to change. Mr. Wanner's amendment was accepted by Mr. Goodale and Mr. Baldwin. The amended motion to note the owner's responsibilities in securing their building, that the public atrium would remain open until 10 p.m. during mountain standard time and 11 p.m. during daylight savings time, that these hours were subject to change and must comply with any relevant codes. A roll call vote was taken with the motion passing by a unanimous vote of the board members present. 125 WEST FACADE Mr. Steiner presented a brief over -view of a facade improvement request for the building at 125 West Mountain Avenue. Requested DDA participation included $12,300 for the facade and $1,775 for a outdoor seating railing. Mr. Wanner moved to approve $10,000 in DDA participation. Ms. Brayton seconded and followed with a proposed amendment to limit DDA participation to $6,000 and seek an additional $6,000 from Community Development Block Grant funds. The amendment was accepted by Mr. Wanner and Ms. Brayton and the motion carried unanimously. Page 4. Mar. 95 DDA Minutes 3/5/95 1 WEST FACADE REQUEST ADJOURN One West representative Ms. Carol Kates requested Board reaction to a request of $10,000 for the One - West building facade. Ms. Kates noted that the request was a part of a much larger $95,000 project to restore the outside of the One West building. Boardmember Wanner suggested One West needed to generate funds from the community before coming to the DDA. Boardmember Gunlickson moved to table the item until a formal presentation can be made. Mr. Wanner seconded and the motion carried unanimously. There being no further business, the meeting was adjourned. Ed Baldwin, Secretary DOWNTOWN 0 DEVELOPMENT ddoAUTHORITY ONE WEST CONTEMPORARY ART CENTER 201 SOUTH COLLEGE AVENUE, FORT COLLINS, CO 80524 TO: DDA Board of Dir ctors FROM: Chip Steiner DATE: April 3, 1995 RE: Administrative Management Contract Telephone (303) 484-2020 Telefax (303) 484-2069 The DDA has hired Anne Garrison, subject to the Board's approval, as its new Administrative Manager. An employment contract is attached. A few changes have been made to the contract: 1. The employee serves a probationary period of ninety (90) days; 2. Termination notice has been reduced from sixty (60) to thirty (30) days; 3. The job title has been upgraded to Administrative Manager. The job description reflects this change. Board approval is necessary for the Chair to enter into the agreement. EMPLOYMENT CONTRACT THIS AGREEMENT, is made and entered into this 20th day of March 1995 between the Downtown Development Authority of Fort Collins, hereinafter referred to as "DDA" and Anne J. Garrison, hereinafter called "EMPLOYEE", pursuant to these terms and conditions: WHEREAS, the DDA wishes to employ the services of Employee as DDA Office Manager, and the Employee wishes to provide her services to the DDA in that capacity; and WHEREAS, the DDA and Employee desire to provide for certain procedures, benefits and requirements regarding the employment of Employee by the DDA. NOW, THEREFORE, for and in consideration of the mutual covenants and promises herein contained, the DDA and Employee do hereby agree to the following: 1. Scope of Services The DDA agrees to employ the Employee as DDA Office Manager and the Employee agrees to perform all functions and duties as specified in the job description attached hereto as Exhibit "A" and incorporated herein by reference. The DDA may designate a supervisor of the Employee. 2. Probation and Compensation For the first ninety (90) days of employment, commencing March 20, 1995 Employee shall be compensated at the rate of $903.85 bi-weekly, (plus reimbursement for actual approved expenses.) All payments shall be made bi- weekly. Employee shall maintain and submit to the DDA a log of all hours worked and all approved expenses incurred prior to any payment. Following successful completion of the probationary period, employee's bi-weekly compensation rate shall be $961.54 for the remainder of this contract term. 3. Term of Employment A. The term of this agreement shall be from the date of execution hereof to and including March 20, 1996. B. Nothing contained herein shall preclude renegoti- ation of this Agreement prior to the expiration of its term. C. It is understood and agreed to by the Employee tha- upon termination of this Agreement, either under this paragraph or under the provisions of Paragraph #4 hereof, the Employee shall not be entitled to any amount of additional compensation, as severance pay or otherwise, other than as provided in Paragraph #4 and #6 of this Agreement. 4. Early Termination Either party may terminate this Agreement without cause prior to the expiration of the term hereof, by providing written notice of termination to the other party at least thirty (30) days prior to the date of early termination. Such notice shall be deemed effective as of the date of deposit into the United States mails, postage prepaid, addressed as follows: EMPLOYEE Anne J. Garrison 2260 Hiawatha Court, Fort Collins, CO 80525 EMPLOYER DDA/Board of Directors One West Contemporary Art Center 201 South College Avenue, Fort Collins, CO 80524 5. Insurance Coverage A. The DDA through the City shall make available to the Employee the same Flexible Benefit plans, along with long term disability and access to the Employee Assistance Program, for the Employee and dependents as provided under group plans for classified City employees. 6. Vacation, Holidays, Sick Leave, Retirement, Other Leaves/ Benefits A. Vacation is earned and credited bi-weekly at a rate based on the number of year's service with the DDA. Approval and timing of vacation shall be determined by the DDA Board of Directors with due consideration to the wishes of the employee and the needs of service. Vacation leave may be taken as earned in accordance with Exhibit "B". Employee will normally take vacation leave within one calendar year from the day earned. In no case may employee use more leave than earned. • The employee may carry up to twice the amount of the December 31st vacation accrual rate up to a maximum of thirty (30) days from one calendar year to the next. The employee will forfeit vacation leave in excess of this amount without compensation unless the DDA Board of Directors grants an extension. B. Employee shall be entitled to the following nine (9) paid holidays if employed under the terms of this contract when they occur: New Year's Day, Martin Luther King Day, President's Day, Memorial Day, 4th of July, Labor Day, Veteran's Day, Thanksgiving and Christmas. Additionally, after six (6) months contractual employment, the employee shall be entitled to two (2) floating holidays. C. Employee shall be granted up to ninety (90) days of sick leave in any twenty four (24) month period. As a new hire, employee shall receive fifteen (15) days during the first six (6) months. Employee shall not be granted sick leave until after the first thirty (30) calendar days of employment. Employee shall be permitted to use sick leave in the same manner which a City classified employee is permitted to use sick leave. D. Upon termination of employment pursuant to the contract, Employee shall be entitled to receive compensation for any unused vacation leave; however, Employee shall not be entitled to any compensation for unused sick leave. E. In lieu of Social Security, DDA will contribute 6.05% of gross annual salary into a 457 deferred compensation plan. F. Employee is eligible to participate in the Dental Reimbursement Plan in the same manner as a City Classified employee. G. Employee may be granted up to five (5) working days annually to care for immediate family members (see below) living in her home in cases of major or minor illnesses, childhood diseases or injuries. Guidelines for use of dependent care leave are as follows: * Birth or surgery: One (1) day emergency leave if birth or a surgery is on a scheduled working day; then up to five (5) days dependent care leave if care is required upon release from hospital. * Childhood diseases, Injuries and illnesses. Up to five (5) days dependent care leave. 0 Immediate family is defined as: mother, father, spouse, stepmother, stepfather, foster mother, foster father, mother in law, father in law, daughter in law, son in law, grandmother, grandfather, sister(s) brother(s) child(ren), or any other relative actually living in the same household. H. Employee shall be entitled to one hundred and twenty (120) hours of paid military leave in the same manner which a City classified employee is permitted to use military leave. Employee may be granted leave with full pay when performing jury duty or when required to serve as a subpoenaed witness in any municipal, county, state, or federal court, or before an administrative tribunal. J. Employee will be eligible for Emergency Leave, Injury Leave and Worker's Compensation in the same manner which a City classified employee is eligible. K. Employee will not be eligible for the General Employee Retirement Plan (GERP) or for tuition reimbursement. 7. Aoolicabiity of Personnel Policies The Personnel Policies and Practices of the City shall not be applicable to the Employee or this Agreement. 8. Default Each and every term and condition of this Agreement shall be deemed to be a material element of this Agreement. In the event either party shall fail or refuse to perform according to the terms of this Agreement, such party may be declared in default thereof. 9. Remedies Upon Default In the event a party has been declared in default hereof, such defaulting party shall be allowed a period of five (5) days within which to cure said default. In the event the default remains uncorrected, the party declaring default may elect to: (a) terminate the Agreement and seek damages; (b) treat the Agreement as continuing and require specific performance; or, (c) avail him/her of any other remedy at law or equity. In the event the Employee fails or neglects to carry out the work in accordance with the Agreement, the DDA may elect to make good such deficiencies and charge the Employee therefor. In the event of default of any of the agreements herein by either party which shall require the party not in 0 • default to commence legal or equitable actions against the defaulting party, the defaulting party shall be liable to the non defaulting party for the non detaulting party's reasonable attorney's fees and costs incurred because of the default. 10. Proprietary Rights The DDA shall retain ownership of and the right to reproduce market, license, or otherwise distribute any program or material produced by the Employee under the terms of this Agreement. 11. Entire Agreement This writing constitutes the entire agreement between the parties hereto. 12. This Agreement shall be binding upon the parties hereto and the heirs, successors and assigns of each respectively. ATTEST: DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF FORT COLLINS, COLORADO Stephen Slezak, Chair Anne J. Garrison, Employee DDA ADMINISTRATIVE MANAGER Job Description EXEMPT: Yes JOB CODE: 3396 SALARY LEVEL: Per Contract DIVISION: DDA LOCATION: 201 South College Avenue DEPARTMENT: DDA EMPLOYEE: Anne Garrison REPORTS TO: DDA Board of Directors SUMMARY: Oversees the Downtown Development Authority (DDA) office and oversees the programs administered through the DDA. Works as a liaison to the DDA Board of Directors by performing increasingly important administrative and business details and maintaining the DDA office. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following: Performs the day to day duties and operations of running the DDA office including phone answering, customer service, handling written and verbal correspondence, filing, paying bills, and record keeping; Under direction of the Board or other assigned personnel, helps DDA clients in the process of bringing downtown projects, issues, plans, to the Board for its consideration; Serves as liaison to the City of Fort Collins and other relevant agencies and organizations; Compiles and types business and statistical reports; Records minutes of Board of Directors meetings; Provides similar services to other organizations as directed by the Board of Directors of the Downtown Development Authority. ddoDOWNTOWN DEVELOPMENT AUTHORITY ONE WEST CONTEMPORARY ART CENTER Telephone (303) 484-2020 201 SOUTH COLLEGE AVENUE, FORT COLLINS, CO 80524 Telefax (303) 484-2069 TO: DDA Board of Dire ors FROM: Chip Steiner DATE: April 3, 1995 RE: Opera Galleria Resolution Last month the Board of Directors passed a motion regarding the operating hours of the Opera Galleria. Legal counsel recommended that the motion be put into the form of a resolution and voted upon at the April meeting. A resolution is attached for Board consideration. RESOLUTION 95-2 OF THE FORT COLLINS, COLORADO DOWNTOWN DEVELOPMENT AUTHORITY SETTING THE OPERATING HOURS AND MAKING CERTAIN OTHER FINDINGS REGARDING THE PUBLICLY OWNE1XHE H3D?LMLYCHE OPERA GALLERIA WHEREAS, the Fort Collins, Colorado Downtown Development Authority has been duly organized in accordance with the Colorado Revised Statutes, 31-25-804, 1973, as amended; and, WHEREAS, the Downtown Development Authority is the owner of the public mall passing through the Opera Galleria; and, WHEREAS, the owners of the Opera Galleria, Historical Opera House Properties, Ltd., are required by an agreement dated November 4, 1993 between it and the Downtown Development Authority, to operate and maintain the DDA-owned public mall; and, WHEREAS, the DDA was asked to consider changing the hours of operation for the public mall; and, WHEREAS, the Board considered comments from tenants in and owners of the Opera Galleria at its March 2, 1995 meeting. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Fort Collins, Colorado Downtown Development Authority that the hours of operation for the public mall in the Galleria shall be: 1. During Mountain Standard Time, the public mall in the Galleria shall open at 6 a.m. and close at 10 p.m.; 2. During Daylight Savings Time, the public mall in the Galleria shall open at 6 a.m. and close at 11 p.m. Be it further resolved by the Board of Directors that: 1. Said operating hours of operation are subject to change; 2. The care, maintenance, and security of the property is the responsibility of the owners of the Galleria; 3. Operation and administration of the publicly owned atrium in the Galleria must conform to all applicable codes. Passed and adopted at a regular meeting of the Board of Directors of the Fort Collins, Colorado Downtown Development Authority this 6th day of April, 1995, Stephen Slezak, Chair ATTEST: Ed Baldwin, Secretary DOWNTOWN DEVELOPMENT ddoAUTHORITY ONE WEST CONTEMPORARY ART CENTER Telephone (303) 484-2020 201 SOUTH COLLEGE AVENUE, FORT COLLINS, CO 80524 Telefax (303) 484-2069 TO: DDA Board of Di ctors FROM: Chip Steiner /1 DATE: April 3, 1995 V RE: Remington Court Apartments The Downtown Development Authority has been asked by the owner of the property at the northwest corner of Remington and Magnolia for right-of-way improvement assistance in conjunction with the development of 24 apartment units (letter attached). This project warrants serious DDA consideration. The proposed development is attractively designed (similar units have just been completed by the same builder in the 1000 block of Remington), it brings much -needed residential into the CBD, it is well -situated in relation to residential amenities (grocery, drug store, shopping), and it cleans up a blighted downtown corner. The project currently consists of two buildings with 12 dwelling units in each. A third building is planned for later development. All units are three -bedroom, 2 1/2 bath, and include a study. Eight of the units will be flats with the remaining 16 being two floors. Rent is estimated at $900 per month. Investment in the project is $750,000. The total request being made to the DDA is for $13,328 which would cover the project's street oversizing fee of $7,008, $1,500 in asphalt overlay, $4,300 in ROW landscaping, and $500 for sprinklers in the ROW. The DDA began the year with $54,000 available for 1995 projects. Beginning Balance $54,000 Formal Commitments: 154 - 156 N. College (8,000) 125 W. Mountain (6,000) $40,000 The Authority has also represented that it will participate in facade improvement costs associated with the Silver Grill (the request was for $25,000 but the DDA made no dollar commitment) and will consider another request from One West Art Center later in the agenda for $6,000. Clearly, however, the Authority has funds available to meet this • 0 Page 2. DDA March Mtg. Remington Court request. one of the longest standing priorities of the DDA has been to encourage residential development in the central business district. This project represents a real turning point. For a minor investment on the part of the DDA, as many as 36 market -rate dwelling units will be added to the central business district and the success of the project could very easily stimulate additional residential development. The project is well -designed and well -fitted to the central business district. Board approval is recommended. Attached to this memorandum is a letter from the owner Patrick McKee requesting DDA participation and an elevation of one of the buildings. A site plan will be available at the meeting. March 30, 1995 Mr. Chip Steiner Downtown Development Authority 201 S. College Fort Collins, Colorado Dear Mr. Steiner: I am writing to request funding from the Downtown Development Authority in developing the right-of-way at the vacant lot just east of Norbel and Perkins, on the northwest corner of Magnolia and Remington. My wife Barbara and I spend a lot of time downtown - shopping, eating and recreating there as often as possible. In addition we own the eight -unit apartment at 317 Remington. For some years we have been annoyed by the unsightly bottles, cans, derelict cars and sleeping transients at the Remington -Magnolia vacant lot. Recently we made decision to try to do something about it. To this end we purchased the land and have contracted for construction of two six -unit apartment buildings on the property. The twelve apartments will be of quality construction, each with three bedrooms and two and a half baths. We believe they will appeal not primarily to the student rental market, but more to the downtown working professional and other downtown residents. As you will see frcmt the plans I am submitting with this request, the buildings will have attractive, lightly victorian facades which we believe will beautifully cauplement the surrounding downtown residences. Plans for the construction of these units include several items related to the right-of-way which are proving to be more burdensome e than we expected, and we would therefore like to respectfully request funding for there from DDA. These are: Street Oversizing Fee Asphalt Overlay Right of Way Landscaping @ $1.50 per square foot, 2880 square feet Sprinkler System for right of way, 2880 square feet $7008.00 $1500.00 $4320.00 $500.00 $13,328.00 we would very much appreciate your taking the time to consider this request, and, if you deem it appropriate, submitting it to the Authority for consideration. We would be happy to meet with you at your convenience to answer any questions you may have. 4 Patrick 900 Gregory Road Fbrt Collins, CD 80524 Phone: 482-0383 No Text DOWNTOWN � DEVELOPMENT AUTHORITY ONE WEST CONTEMPORARY ART CENTER Telephone (303) 484-2020 201 SOUTH COLLEGE AVENUE, FORT COLLINS, CO 80524 Telefox (303) 484-2069 TO: DDA Board of Direc rs FROM: Chip Steiner DATE: April 3, 1995 RE: One West Art Center Facade improvement Request Background information. Last month the Board of Directors considered a request from One West Art Center for DDA participation in facade improvements to the building it owns. The Board responded that: 1. One West needed to present a more thorough and detailed request; 2. One West needed to raise some funding on its own rather than relying completely on grant monies. The request was tabled by the Board. i have a conflict of interest on this item. The information compiled below was provided to me by Carol Rates of the One West Board of Directors. one West is asking for $6,000 from the DDA and will be attempting to match that through its own fund-raising efforts. Approximately $2,500 has already been raised. The $12,000 is needed to complete the funding for the facade improvement program outlined on the following pages. The last page shows the proposed budget. Without the $12,000, One West's ability to pay for the facade improvements of the Old Post Office will be gone, since it counts as the match for the Colorado Historic Society funding and without that money there is not enough available to fulfill the improvement program. The exterior improvements outlined in the improvement program will stabilize the building and protect it from additional structural and interior damage. Some interior walls have water damage because of the deferred maintenance on the roof and gutters. Page 2. DDA April Mtg. One West Art Center One West is faced with many other expenses associated with the historic old post office for which it is seeking no outside participation. It must replace the heating plant in the building. It must resolve the periodic flooding of the garden level of the building. The art galleries require renovation and modernization. It must address ADA requirements for access. It must establish a reserve fund to ensure that future maintenance needs are not deferred. These are costs which One West will bear itself but which are still crucial to the long-term welfare of this important historic structure. One West is a non-profit center devoted to fostering an improved art presence in Fort Collins. However, the center also provides low cost office space to other non-profit organizations. Non- profit tenants include the Fort Collins Symphony, TEAM Fort Collins, the Downtown Business Association, Suicide Resource Center, and the Junior League. Downtown Development Authority organizations, helps the central community, and helps preserve structure. participation helps all these business district, helps the art a treasured community historic The One West Board thanks the DDA for its consideration of this request. IXMIT A ONE WEST ART CENTER Historic Preservation of Exterior of the Old Post Office PROJECT 194-01-42 Submittal Date: 10/24/94 PROJECT SCOPE OF WORK STANDARDS AND SPECIFICATIONS I. Proiect Purpose. The purpose of this project is to stabilize the exterior of One West Art Center and to abate continued deterioration. The scope of work, work schedule, and budget reflect the addition of $60,000 in CDBG grant monies received by One West Art Center in the spring of 1994. II. Standards and Specifications. A. Stone masonry restoration 1. clean exterior stone walls 2. remove and replace defective grouting 3. tuck point 4. identify deteriorated/damaged stone and restore (e.g. holes drilled to anchor signs) B. Woodwork restoration 1. Windows and doors a) Remove paint from all window units and doors b) Repair/replace damaged wood substrate c) Check, repair, replace window weather stripping d) Replace broken glazing e) Restore operation of windows f) Repaint with approved color 2. Frieze and soffit a) Remove paint b) Repair/replace damaged wood substrate c) Seal and repaint C. Roof and Integral Gutter Restoration 1. Repair split seams 2. Replace thin materials, missing tiles and all roof/gutter parts. flashing, counterflashing, other missing or damaged III. Products. 1. Copy of sub -contract for architectural and engineering services. 2. Detailed work specifications and photo documentation. 3. Copy of sub -contract for construction services. 4. Interim project status report and financial reports. 5. Punchlist resolution. 6. Photo -documentation of completed rehab work. 7. Final project status report and financial report. 8. Final report. 0 • BysIBIT C ONE WEST ART CENTER Historic Preservation of Exterior of the Old Post Office Project 194-01-42 Submittal Date: 10/24/94 �B= Match Grant Project Cash In -kind Request Total 1. Personnel: Contractor profit and overhead $10,000 $ 0 $10,000 A/E services 7,000 0 7,000 2. Contracts: Labor for roof/gutter 0 11,000 11,000 windows/doors 10,000 5,000 15,000 Restore stone 2,212 7,500 9,712 3. Supplies: Materials for roof/gutter 15,000 0 15,000 windows/doors 7,000 0 7,000 restore stone 21,000 0 21.000 TOTALS $72,212 $23,500 $95,712 Funding sources break out as follows: Colorado Historic Society: Challenge Match $23,500 CDBG 60,000 Fort Collins Donors 8,511 One -West funds 3,701 subtotal 72,212 TOTAL $95,712 *This project is within the Larimer County Enterprise Zone and qualifies for the 50 percent donation tax credit. Notation of this credit will be included in the A/E and construction requests for proposals. The intent is to leverage a reduction in cost through a partial donation of goods'and services. EIHIBIT B ONE WEST ART CENTER Historic Preservation of Exterior of the Old Post Office Project 194-01-42 Submittal Date: 10/24/94 PROJECT MM AND PAYMENT SCMMULB Products Completion Date Society Response 1) NA NA Advance $7,125 2) Copy of contract for arch./ engineering svcs. 02/30/95 Review & Approve 3) Detailed work specs. and photo documentation 04/15/95 Review & Approve 4) Copy of contract for construction services 06/01/95 Review & Approve 5) Interim project status Review & Approve and financial reports 10/01/95 $9,500 payment 6. Punchlist resolution 01/01/95 Review & Approve 7) Photo -documentation of completed rehab work 02/30/96 Review & Approve 8) Final project status and financial report 02/30/96 Review & Approve 9) Final Report 02/30/96 Review & Approve $7,125 payment