13 - RECEIVE AND DISCUSS UPDATE FROM PEDC ON SPEC BUILDING AT 2305 NW LOOP 286Item No. 13
TEXAS
P_ R I S
Economic Development Cotpomtion
MEMORANDUM
TO: Paris, Texas City Council
FROM: Paris Economic Development Council j
Michael Paris, Executive Direc
DATE: September 21, 2016
RE: Suggested Conditions and Project Finance for Discussion During City Council
September 26, 2016
Two conditions for discussion:
A) The spec building cannot be leased without the approval of the Paris City Council
B) The spec building cannot be sold without the approval of the Paris City Council
PEDC will likely seek the approval of the following expenses from City Council:
Bid: $738,380
Construction Contingency: $ 25,000
Bid Bond $ 10,880
Builder's Risk Insurance 2,040
Total Request: $776,300
1125 Bonham Street • Paris, Texas 75460 •903.784.6964 • Fax 903.784.2503 opayisedc@,paristexasusa.com
wivw.earistexasusa.com • tivww.facebook.com /par-istexasusa •twitter: @paristexasusa
PROJECT COST SUMMARY WORKSHEET - PROJECTED
CURRENT SPEC BUILDING
23o5 NW Loop 286
PROJECT CATEGORIES
PROJECT
COSTS
PURCHASE LAND AND BUILDINGS
Acquisition — Land & Building
$242,393
STTE WORK
On -Site Work (Demolition)
$35,000
Total
REHABILITATION / CONSTRUCTION
New Construction Costs
Construction Contingency
Fees, Bids and SIte Prep Costs
$738,380
$25,000
$5,059
PROFESSIONAL FEES
Design / Supervision
$2,000
INTERIM COSTS
(Bid Bond) Insurance, Title, etc,
Builders Risk Insurance
3,750 sf metal building
$10,880
$2,040
TOTAL
Square Feet
'For City Council discussion
1 m1,000,7521
38,360
■
r
Business Park
(May 12, 2015 PEDC Board Meeting)
New Speculative Building Business Park
Using the current bid as a cost estimate
for the originally proposed spec building
in the business park:
Bid $738,380
Slab $205,762
Shell $532,618
Slab - $205,762 / 9,992 Sf = $20.59 Psf
Shell - $538,38o / 38,36o sf = $14.03 Psf
Proposed brand new spec building in business park:
Slab - $20.59 psf X 20,000 sf = $411,800
Shell - $14.03 psf X 20,000 sf = $28o,600
TOTAL $692,400
Other comparable cost factors incurred if placed at the Business
Park versus 2305 NW Loop 286:
A)
Sewer to slab
B)
8" water to slab
C)
Power to property
Total
D)
Gravel on drive /parking
Estimate
E)
Concrete dock parking 3,600 sf
(A - F)
F)
3,750 sf metal building
$175,000
18 acres facing Loop 286 frontage $100,000
Contingency $25,000
Bid Bond $10,800
Builders Risk Insurance $2,040
TOTAL OTHER COSTS $.112.840
Grand Total
Square Feet
20,000
Overall Costs Per Square Foot $28 Overall Costs Per Square Foot $50
Updated 9/19/2o16
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/'10411 ,ih (Wiloti %!loll
Bid Form to:
Increase Existing Concrete Slab and Construct Pre - Engineered Metal Building
Date: 08/04/2016
In accordance with the advertisement requesting bids for "Increase Existing Concrete Slab and
Construct Pre - Engineered Metal Building" for the Paris Economic Development Corporation
subject to conditions and requirements of the contract and scope of work, including any
Addenda's. The undersigned proposes to complete all work called for in the Request for Bid
within 180 days of a receipt of a "Notice to Proceed" for increasing the size of the existing
concrete slab per specifications and constructing a pre- engineered metal building per plans
located at 2305 NW Loop 286, Paris, TX 75460.
Bid: $738,380.20
See attachment for exclusions.
Total Increase Existing Concrete Slab and Construct Pre- Engineered Metal Building cost in
Words:
Seven hundred thirty eight thousand three hundred e
Authorized Signature: 2'a-, "' Date:
Title: Owner
20 /100Dollars.
08/04/2016
Company Name: Bobby Smallwood Construction Company Inc.
Contact Person: Bobby Smallwood
Title: Owner
Phone Number: 903- 249 -1641
Email: bsmallwood1945 @gmail.com
Page 9 Due: August 4, 2016, at 12:59 p.m. (CST)
BOBBY SMALLWOOD CONSTRUCTION CO., Inc.
3116 STILLHOUSE ROAD
PARIS, TEXAS 75462
ESTIMATE
August 4, 2016
Paris Economic Development Corporation
1125 Bonham Street
Paris, Texas 75460
RE: building located at 2305 N.W. Loop 286
Total Estimate: $738,380.20
Seven hundred thirty eight thousand three hundred eighty and 20/100 Dollars
I have received Addendums #1 & #2.
Exclusions:
Temporary electrical service
Painting
Floor covering
Plumbing
Parking
Landscaping
Sidewalks over 384 sq ft.
Electrical
Sales tax
Thank you for the opportunity to bid this project.
1p, A,
Bobby mallwood
BID PROPOSAL
METAL BUILDING AT
2305 N.W. LOOP 286
••
PARIS ECONOMIC DEVELOPEMENT CORPORATION
Cr C-3 N4 F-1 ^, " Y
The information provided herein is true and sufficiently complete so as not to be misleading.
SUBMITTED TO: Paris Economic Development Corporation
ADDRESS: 1125 Bonham Street, Paris, Texas 75460
SUBMITTED BY: Bobby Smallwood Construction Co., Inc.
NAME: Bobby Smallwood
ADDRESS: 3116 Stillhouse Road
PRINCIPAL OFFICE:
[ X J Corporation
[ j Partnership
[ ] Individual
[ ] Joint Venture
NAME OF PROJECT: Paris Economic Development Corporation
Building located at 2305 N.W. Loop 286
Paris, Texas 75460
TYPE OF WORK:
[ X ] General Construction
I j HVAC
[ J Electrical
[ ] Plumbing
ORGANIZATION
How many years has your organization been in business as a Contractor? 45
How many years has your organization been in business under its present business name? 15
Bobby Smallwood Construction Company Inc.
Under what other or former names has your organization operated?
Bobby Smallwood Construction
If your organization is a corporation, answer the following:
Date of incorporation: March 3, 2003
State of incorporation: Texas
President's name: Bobby Smallwood
Vice - president's name: Shirley Smallwood
Secretary's name:
Treasurer's name:
If your organization is individually owned, answer the following:
Date of organization: March 3, 2003
Name of owner: Bobby Smallwood
EXPERIENCE
List the categories of work that your organization normally performs with its own forces.
Framing — Drywall — Ceilings - Finish
Claims and Suits
Has your organization ever failed to complete any work awarded to it? No
Are there any judgments, claims, arbitration proceedings or suits pending or outstanding against your
organization or its officers? No
Has your organization filed any law suits or requested arbitration with regard to construction contracts
within the last five years? No
Within the last five years, has any officer or principal of your organization ever been an officer or principal of
another organization when it failed to complete a construction contract? No
Respectfully submitted,
Bobby Smallwood
Attachments: Experience, Project References last 5 years, and Reference contact information sheet
Job Photos
Bobby Smallwood Construction has been in the construction
business for 45 years as a General Contractor. Specializing in
Commercial, Industrial and Residential building. BSC pride ourselves on
the quality of work we perform. We became a Texas state corporation
on March 3, 2003. BSC is a member of the Texas Residential
Construction Commission License #6961 for Texas /Lamar County.
Experience:
BSC is a turnkey General Contractor with experience in all trades from
concrete, framing, insulation, drywall, finishing, painting, acoustic
ceiling, tile, grid, roofing, exterior siding, masonry, electrical, plumbing
and flooring, metal and all phases of construction.
Proiect References last 5 years:
Townes & Associates, Paris, TX.
$2,500,000
Dollar General Stores, 17 locations
$ 900,000 ea
First National Bank, Tom Bean, TX.
$ 988,000
Paris Cardiology Center, Paris, TX.
$1,093,000
Sonic Drive -In, multi locations
$ 600,000 ea
Lamar Fabrications, multi locations
$2,300,000
Paris Regional Medical Center (working for
the hospital for the last 14
years on projects from $100.00 - $2.9 mil)
Reference:
Larry Townes — Business Owner — 903 - 737 -8852
Paul Wells — Owner CPA — 903 - 785 -8481
Bill Porter — PRMC — 903 - 737 -1111
Dick Serverson — Lamar National Bank — 903 - 785 -0701
INTERIOR RENOVATION ONLY
TOM BEAN BANK
TOM BEAN, TEXAS
r
Fwj4pi
SONIC
MANSFIELD, TEXAS
PARIS REGIONAL MEDICAL CENTER
CATH LAB
NORTH CAMPUS
INTERIOR RENOVATION BEHIND DOUBLE DOORS IN CATH LAB
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-1141
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