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HomeMy WebLinkAboutAuthorize City Manager to sign contract No_ S23232_4 Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Josset Gauley, Grants Coordinator Anna Rosenberry, Finance Director Chris Kukulski, City Manager SUBJECT: Authorize City Manager to sign contract #STMGF-60-HP-10-009 accepting HB 645 Historic Preservation Funds to insulate the T.B. Story Mansion. MEETING DATE: June 21, 2010 AGENDA ITEM TYPE: Consent RECOMMENDATION: Authorize City Manager to sign contract accepting HB 645 Historic Preservation Funds to insulate the T.B. Story Mansion. BACKGROUND: Montana House Bill 645, the Montana Reinvestment Act, provided approximately $3.6 million for the preservation of historic sites in Montana through the creation of the Historic Preservation Competitive Grant Program. The City of Bozeman requested and was approved $24,334 for a project to insulate the attic, porch, and second and third stories in the Story Mansion. Final acceptance of the grant requires signature of contract #STMGF-60-HP-10-009 by the City Manager. The contract requires that the property receiving the grant funds may not be sold or transferred for the duration of the grant contract without written approval by MDOC or funds received must be returned. The duration of this contract will terminate upon notice of project close-out or June 30, 2011, whichever is sooner. The insulation is scheduled to be completed in September, 2010. Insulation of the T.B. Story Mansion is predicted to reduce the building’s current heating costs by 30 to 40 percent. In addition, insulation of the historic property significantly contributes to long-term building preservation, and will help ameliorate problems of condensation that currently cause deterioration of the building’s roof. FISCAL EFFECTS: Signature of the contract will release of $24,334 in project funding. ALTERNATIVES: As suggested by the City Commission. Attachments: MT Department of Commerce Award Letter and Contract Report compiled on: June 14, 2010 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91