Number
R13285
Version
Original
Reference
R13267
Sponsor
The Chair
Title
Resolution approving an award of increased contract amount to Travaux, Inc. (Milwaukee, WI) to be the Construction Manager as Constructor for Westlawn Renaissance V Project in an amount not to exceed $12 million
Analysis
Body
WHEREAS, Westlawn Renaissance V is one of the Housing Construction Phases (Phase 4A) of Westlawn Choice Neighborhood Project that received Commitment for Housing Assistance Payments (CHAP) under the Rental Assistance Demonstration (RAD) from the Housing and Urban Development (HUD); and
WHEREAS, the Housing Authority of the City of Milwaukee (HACM) received an allocation of Low-Income Housing Tax Credits from the Wisconsin Housing and Economic Development Authority for the construction of 44 rental housing units; and
WHEREAS, HACM incorporated Westlawn Renaissance V LLC to be the owner entity for this Project; and
WHEREAS, HACM is the developer and the Managing Member of Westlawn Renaissance V LLC through its wholly owned Limited Liability Company, Westlawn Renaissance V Development LLC; and
WHEREAS, HACM formed its instrumentality Travaux, Inc. to strategically position its own development and construction capacity and provide services both to HACM and to entities outside of its portfolio; and
WHEREAS, after bidding out about 80% of the trades for this project, the initial amount set of $10.87mm as per Resolution #13267 is no longer adequate; and
WHEREAS, the Secretary-Executive Director recommends that Westlawn Renaissance V LLC enters into a contract with Travaux, Inc. for an amount not to exceed the amount indicated in this resolution; now, therefore, be it
Requestor
Drafter
Modernization and Development 01/04/2022