TO: CRA Board of Commissioners
FROM: Patrick McCullough, RA, Project Manager
THROUGH: Jeff Costello, CRA Executive Director
DATE: June 11, 2019
Title
AWARD OF RFP 2019-03 FOR DEVELOPMENT AND DISPOSITION OF CRA-OWNED PROPERTIES IN THE SW NEIGHBORHOOD FOR WORKFORCE HOUSING
Body
Recommended Action:
Recommendation
Award RFP 2019-03 to the Delray Beach Community Land Trust, Inc. in an amount not to exceed $2,454,350.00 for the Development and Disposition of CRA-Owned Properties in the SW Neighborhood for Workforce Housing and that the CRA Board authorize the CRA General Counsel and Executive Director to negotiate an agreement for the Board’s consideration.
Body
Background:
At the March 12, 2019 CRA Board Meeting, the Board authorized issuance of the Request for Proposal (RFP) for the Development and Disposition of CRA-Owned Properties in the SW Neighborhood for Workforce Housing project known as Corey Isle. The project is to construct ten (10) single-family homes on properties located on the west side of SW 7th Avenue, between SW 3rd and 4th Streets, and a property located at 238 SW 6th Avenue. The RFP (2019-03) was prepared and issued on April 22, 2019 with a submittal deadline of May 29, 2019.
The CRA received the following two (2) proposals in response to the RFP prior to the submittal deadline:
· Boynton Beach Faith Based Community Development Corporation
Total Development Cost = $2,429,245.89
Offer Price Per Lot = $3500
Construction Schedule = 350 Days
Cost per Home (A Unit) = $203,278.90
Cost per Home (B Unit) = $243,311.90
· Delray Beach Community Land Trust, Inc.
Total Development Cost = $2,454,350.00 / $2,292,506.00
Offer Price Per Lot = $500
Construction Schedule = 270 Days
Cost per A Unit / Alt = $191,213.00 / $177,608.00
Cost per B Unit / Alt = $217,012.00 / $203,693.00
Both proposals were reviewed for compliance with the RFP requirements and all proposals were provided to the Selection Committee for consideration.
RFP Selectio...
Click here for full text