Fishermen’s Terminal
Bank Building (C-12) Demolition
Construction Authorization
Kelly Purnell – Capital Project Manager
Melinda Miller – Director, Real Estate Asset Management (Sponsor)
Jessica Carlson – Senior Real Estate Manager
Expense
Project # U00703
Item No: 8c_Supp
Meeting date: March 28, 2023
Action Requested
Request Commission authorization for the Executive Director to:
1. Proceed with the demolition construction of the FT Bank
Building (C-12)
Project Estimated Cost: $496,000
Procurement Authorization Request: $446,000
2
Current Condition
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• Old building has been vacant for
several years
• Break-ins have occurred
• Not useable for a new tenant
Project Scope
Project Work:
• Demolition of the existing Fishermen’s Terminal Bank Building (Building C-12) to
existing slab
• Abatement of regulated materials
• Small amounts of material salvage such as the bank vault door
• Removal of existing landscaping including curb and gutter on the site
• Capping of the utilities (water, sewer, electric); A handhole will be installed for the
electricity to provide for access for temporary power connection for construction
job shack in future
• Crushed rock will be placed in existing landscape area
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Preliminary Schedule
Design Completion 2023 Quarter 1
Commission authorization for Construction 2023 Quarter 1
Construction start 2023 Quarter 3
In-use date 2023 Quarter 4
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Funding
Cost Estimate/Authorization Summary
Capital
Expense Total
COST ESTIMATE
Current estimate
$0
$496,000
$496,000
AUTHORIZATION
Previous authorizations
$0
$50,000
$50,000
Current request for authorization
$0
$446,000
$446,000
Total authorizations, including this
request
$0
$496,000
$496,000
Remaining amount to be authorized
$0
$440 $0
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Questions?
