Discussion:
The EDA put out a request for bids for the demolition that included a tour of the facility with potential bidders and Scott County staff. Staff's estimate for the demolition, which was included in the modified Tax Increment Plan, was $300,000. Terracon completed an environmental review of the building and identified a list of materials that are regulated and require special disposal (i.e. thermostats, fluorescent light bulbs)
The EDA received seven complete bids:
Rachel Contracting LLC $196,883.00
Frattalone Companies, Inc. $278,205.52
Veit & Company $278,739.00
Lloyds Construction Services $279,935.00
Bolander $327,000.00
S.H. Hentges & Sons $337,900.00
Ramsey Companies $327,000.00
We are requesting a $50,000 contingency for the demolition for unforeseen materials that may be found in the ground or building.
We expect the EDA will close on the building in early December and that the tenants/owners will vacate shortly thereafter and demolition will occur over the winter.