6e Presentation Condo Noise Insulation
Item No. 6e Meeting Date: March 24, 2020 Villa Enzian Condominium Sound Insulation Commission Meeting March 24, 2020 Villa Enzian Condominiums 2 Noise Remedy Boundary 3 Schedule and Budget Design Start 2019 Quarter 4 Construction Start 2020 Quarter 4 Construction Complete 2021 Quarter 3 Villa Enzian Remaining Total Two Complexes Design $822,000 $4,285,000 $5,107,000 Construction $2,438,000 $12,455,000 $14,893,000 Total Cost $3,260,000 $16,740,000 $20,000,000 4 Potential Risks - Inability to obtain FAA Grant Funding after project completion - Delays due to COVID-19 virus - Difficulty obtaining qualified staffing resources - Difficulty attracting qualified contractors in a hot construction market - Delays in obtaining subordination agreements from lenders - Uncertain product availability from suppliers - Challenges with multiple Authorities Having Jurisdiction 5
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