City of Milwaukee - File #: R13334

• File #: R13334
• Version: 0
• Type: Housing Authority Resolution
• Status: Passed
• File created: 7/5/2022
• In control: HOUSING AUTHORITY
• On agenda: 7/13/2022
• Final action: 7/13/2022
• Title: Resolution approving an increase in the Gross Maximum Price (GMP) for the Carver Park Project in an amount not-to-exceed $7.99 million After the receipt of additional bids for this project, the amended amount of $7.4 million as per resolution R13317, adopted on April 13, 2022, is no longer adequate.
• Sponsors: THE CHAIR

Date	Ver.	Action By	Action	Result	Tally
7/13/2022	0	HOUSING AUTHORITY	ADOPTED; Minutes note: Fernando Aniban, HACM’s Assistant Secretary, stated that when this item was originally brought to the Board, there were two scopes of work that still needed to be bid out: painting and exterior work. This item is a rehab project for Carver Park, that will be closing at the end of the July.	Pass	3:0

Number
13334
Version
Original
Reference

Sponsor
The Chair

Title
Resolution approving an increase in the Gross Maximum Price (GMP) for the Carver Park Project in an amount not-to-exceed $7.99 million

After the receipt of additional bids for this project, the amended amount of $7.4 million as per resolution R13317, adopted on April 13, 2022, is no longer adequate.

Analysis

Body

WHEREAS, Townhomes at Carver Project 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 rehabilitation of 122 rental housing units; and

WHEREAS, HACM incorporated Townhomes at Carver LLC to be the owner entity for this Project; and

WHEREAS, HACM is the developer and the Managing Member of Townhomes at Carver LLC through its wholly owned Limited Liability Company, Townhomes at Carver 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 receipt of additional bids for this project, the amended amount set of $7.40mm as per Resolution No. R13317, adopted 04/13/2022, is no longer adequate; and

WHEREAS, the Secretary-Executive Director recommends that Townhomes at Carver LLC enters into a contract with Travaux, Inc. for an amount not to exceed the amount indicated in this resolution; now, therefore, be it

RESOLVED, by the Housing Authority of the City of Milwaukee approved entering into a contract with Travaux, Inc. to be the General Contractor for Townhomes at Carver project; and, be it

FURTHER RESOLVED, that the proper officers of the Authority are hereby authorized and directed to proper...