CITY OF HALLANDALE BEACH
MEMORANDUM
DATE: August 6, 2007
TO: D. Mike Good, City Manager
FROM: Earl S. King III, Acting Director of Public Works, Utilities and Engineering
SUBJECT: Project Update and Cost Break Down for Historic Renovation of Curci House, Moffitt House and PBA Hall (CAD #: 047-03 & BP #: 009-06)
PURPOSE:
The purpose of this item is to provide the City Commission with a status report on the progress of the Curci House Historic Renovation project and to give an overview of the current funding for this project and for the Moffitt House and PBA Hall historic properties.
CURCI PROJECT UPDATE
The Curci project consists of two phases: Phase I – Exterior Renovation and Phase II – Interior Renovation. According to the scope of work described in the contract, the cost for Phase I and Phase II are respectively $450,000.00 and $300,000.00. The exterior renovation is being completed according to the State’s standards for rehabilitation, due to the fact that state fund is being utilized. No grant funds were secured for the interior restoration. Therefore, the scope of work agreed upon in the contract for the interior did not entail restoring the historic characteristics of the building. The interior of the Curci House may be renovated at a later date in a manner that will restore its historic components. To date, the Phase I, Exterior Renovation, is 90% completed.
The City has allocated $795,000 to complete this project. The expenditure breakdown below shows that the City will not need to allocate any additional funds to complete the exterior renovation of the Curci House and to bring the interior into a safe, usable condition.
|
Curci House – Built in 1925 |
|
Budgeted Funds |
|
|
130-6330-559-3448 - Econ. Dev. Incentives |
$ 300,000.00 |
|
130-6340-559-6629 – Capital Improvements |
$ 300,000.00 |
|
347-4806-573-6629 – State Grant |
$ 50,000.00 |
|
347-4711-573-6629 – County Grant |
$ 100,000.00 |
|
Total Budgeted |
$ 750,000.00 |
|
Historic Trust Fund |
$ 45,000.00 |
|
Total Approved by City Commission |
$ 795,000.00 |
|
Expenditures |
|
|
Tree Relocation |
$ 19,500.00 |
|
Curci Property Appraisal |
$ 750.00 |
|
Sign (Grant Requirement) |
$ 285.00 |
|
Initial PO (No. 103449) to The Durable Slate, Co. |
$ 120,000.00 |
|
PO Increase processed on 5/17/07 |
$ 500,000.00 |
|
Balance needed to satisfy initial contract amount |
$ 130,000.00 |
|
Total Expenditures |
$ 770,535.00 |
|
Additional Funds Expended |
|
|
• Master Plan to Incorporate the Moffitt House |
$ 9,500.00 |
|
• Additional Design Cost - Interior
of Curci for Future |
$ 6,000.00 |
|
Total Additional Funds Expended |
$ 15,500.00 |
|
Total Anticipated Expenditures |
$ 786,035.00 |
PBA Hall - Built in 1910
|
Budgeted Funds/Grant Funds |
|
|
130-6340-559.6629 - Econ. Incentive Development |
$ 50,000 |
|
347-4705-573.6629 Challenge Grant – County Commissioner |
$ 50,000 |
|
Account TBD - Historic Trust Fund |
$ 54,000 |
|
Account TBD - Broward County Historic Preservation Challenge Grant |
$ 78,375 |
|
Total Budgeted |
$ 232,375 |
|
|
|
|
Estimated Cost |
|
|
Structural/Architectural Assessment/Design and Plan for Stabilization and rehabilitation |
$ 10,000 |
|
HASB (Historic American Building Survey) Including Survey, Photography and Report |
$ 25,000 |
|
Permitting |
$ 15,000 |
|
Site Preparation |
$ 50,000 |
|
Building Relocation |
$ 167,820 |
|
Building Stabilization |
$ 250,000 |
|
Total Estimated Cost |
$ 517,820 |
|
Additional Funds Needed |
|
|
Total Budgeted |
$ 232,375 |
|
Total Estimated Cost |
$ 517,820 |
|
Estimated Additional Fund to complete Project |
$ 285,445 |
|
There is a pending State grant application in the amount of $350,000 |
|
|
If this grant is awarded, no additional funds will be required |
|
* The cost estimate for the relocation is based on an estimate received in March 2007.
The above breakdown indicates that additional fund are needed to complete this project based on the current estimates. However, if the $350,000 grant is awarded by the State, no additional funds will be required. Staff recommends that no additional City funds be expended for this project pending receipt of additional grants and/or funds through developer agreements.
The following funds will be available from developers’ agreements:
|
Funds Available from Developers' Agreements |
|
|
Millennium (Not yet received) |
$ 150,000.00 |
|
Village of Gulfstream (Not yet received) |
$ 100,000.00 |
|
Hallandale Crossings (Not yet received) |
$ 50,000.00 |
|
Total Fund from Developers' Agreements |
$ 300,000.00 |
Following is a budget recap for all three (3) historic properties:
|
Historic Projects |
Budgeted Fund |
Grant Fund |
Pending Grant |
Developers' Fund |
Historic Trust Fund |
Estimated Cost of Project |
Balance |
|
Curci House |
$ 600,000 |
$ 150,000 |
$ - |
$ - |
$ 45,000 |
$ 786,035 |
$ (8,965) |
|
PBA Hall |
$ 50,000 |
$ 128,375 |
$ 350,000 |
$ - |
$ 54,000 |
$ 517,820 |
$(64,555) |
|
Moffitt House Built in 1910 |
$ - |
$ - |
$ - |
$ - |
$ - |
$ 598,000 |
$598,000 |
|
Unassigned Funds |
|
|
|
$ 300,000 |
$ 9,366 |
|
$(309,366) |
|
Total |
$ 650,000 |
$278,375 |
$ 350,000 |
$ 300,000 |
$108,366 |
$1,901,855 |
$215,114 |
Although the City has received an estimate of $598,000 for the historic renovation of the Moffitt House, staff is not recommending proceeding with the historic renovation until adequate grant and/or developer agreement funds are available. The relocation of the Moffitt House will be paid for by Mr. Richard Shan with Shanco Construction in accordance with an agreement with the City. The City will invest in constructing the foundation and securing the building so it is in a safe condition.
Prepared by: ___________________________
Mary Francis Jeannot
Administrative Analyst II
Reviewed:
_______________________________ __________
D. Mike Good, City Manager Date
_____Approved _____Disapproved _____Hold for Discussion