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lease payments received from future tenants of the building to replenish the EDA Unencumbered Fund Balance. <br />The EDA has previously supported items such as replacing the door, general property maintenance. After the two <br />oak trees are removed (No charge -work performed by Public Works), staff is recommending that the building <br />have pests removed from the eaves and attic and eaves repaired. The front door is still secure, but staff believes <br />that this will need to be addressed prior to this winter to ensure it remains secured from the elements and critters <br />after the upcoming winter is over. Based on past repairs, pest removal / temp repairs ($1500) and a recent quote <br />of $4000 to replace the door staff estimates this cost to total under $10,000 to complete these general maintenance <br />items. If the EDA is not comfortable supporting a full renovation, this option would be a good step in preserving <br />the building in its existing condition. Staff would also recommend the overgrown shrubs be removed, or groomed <br />by Public Works when the remove the oak trees, the building be vacuumed and to have unnecessary items <br />(unused or deteriorated) building materials removed as part of this option. <br />Alternatives: <br />1) Recommend to City Council to Award Old Town Hall Renovation bid to DKN Construction for $120,007 <br />(Lowest quote) and up to a 15% contingency from the EDA Unencumbered Fund Balance to fund the full <br />renovation. <br />2) Recommend to City Council to Authorize Staff to work with DKN Construction and MN Wild Animal <br />Management to Complete Pest Removal and Building Maintenance in an amount not to exceed $10,000 from the <br />EDA Unencumbered Fund Balance. <br />3) Something else <br />Funding Source: <br />Up to $138,008 from the EDA Unencumbered Fund Balance (Currently 1.392M) <br />Recommendation: <br />Staff is comfortable with either option presented. Staff does believe that the price will only go up into the future <br />to perform a full renovation or maintenance to the building Staff also believes that there is value in having the <br />building occupied to ensure it remains in good working order. Staff does not support "No Action" as the building <br />needs maintenance. <br />Outcome/Action: <br />There are three options for consideration: <br />1) <br />Motion to Recommend to City Council to Award Old Town Hall Renovation bid to DKN Construction for <br />$120,007 (Lowest quote) and up to a 15% contingency from the EDA Unencumbered Fund Balance to <br />fund the full renovation. <br />OR <br />2) Recommend to City Council to Authorize Staff to work with DKN Construction (Lowest quote) and <br />MN Wild Animal Management to Complete Pest Removal and Building Maintenance in an amount not <br />to exceed $10,000 from the EDA Unencumbered Fund Balance. <br />OR <br />3) No Action or Something else. <br />Attachments <br />