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HomeMy WebLinkAboutCRA-R-12-0072 10-29-12 BackupCover Letter Summary for Funding Request and Community Benefits This proposal is for the renovation of a 9 unit 3 story apartment building located at 155 N.W. 10th Street Miami, Florida 33136, which consist of 3- One (1) bedroom / One (1) bathroom units and 6- Two (2) bedrooms / One lbathroom units approximate 5,400 Sq.Ft. Total cost of renovations is $340,587.00. This project will renovate 9 units of existing housing for low to moderate income workforce residence in SEOPW CRA area; rents will average $600.00 for lbedroom/lbathroom and $650.00 for 2bedrooms/lbath. The community benefits of this renovation project will be that the existing resident and future new residents will have the opportunity to live in an updated rental unit without the burden of paying higher cost of rent that is normally passed thru to the tenant to cover the cost of renovations. Also the community will benefit from this renovation by creating a stronger tax base to generate higher tax revenue. This renovation project will provide community benefits to approximate six (6) subcontractor and twenty (20) CRA residents an opportunity to work and obtain some income capacity. CONSTRUCTION BID PROPOSAL FOR: COMPANY NAME Genensis Development Group,LLC JENNINGS CONSTUCTION OVERTOWN BUILDERS ADDRESS 697 N.Miami Ave. Loft #3 Miami, FL.33136 3125 MUNDY STREET MIAIva, FL.33133 6600 N.W.27 AVE MIAIVII,FL. 33150 TELEPHONE 786-290-9734 305 411 1165 305-467-0263 EMAIL Va1314@bellsouth.net miicgrove(@,aol.com miltonsandermanRaol.com COMPANY CONTACT MRS. VALERIE BROWN MR MILES JENNINGS MR. MILTON SANDERMAN SCOPE OF DESCRIPTION OF WORK TOTAL COST TOTAL COST TOTAL COST — 1 ROOF Remove existing roof and replace with new built -up Roof. (10% bad wood Removal Included) 22,500.00 $21,500.00 $23,000.00 2 ELECTRICAL Upgrade electrical panels in 9 units and meter room as necessary, to Code. 21,650.00 $21,000.00 $20,500.00 3 KITCHENS Remodel (9) kitchen with new kitchen cabinets, counter tops, sink, fixtures and ceramic tile floors. 28,350.00 $31,500.00 S34,200.00 4 BATHROOMS Remodel (9) bathrooms with new tubs, sinks, toilet,fixtures,plumbing, shower doors and ceramic tile. 31,500.00 $33,300.00 $35,100.00 5 WINDOWS Install, chalk and seal (51) new windows 17,850.00 $15,300.00 $16,575.00 6 INTERIOR DOORS Install 24 new interior doors, locks and frames wood 3 panel doorsInstall 6,000.00 $6 ,600.00 $6,960.00 EXTERIOR DOORS (15) new exterior doors and (30) locks sets. 9,375.00 $7,500.00 $8 625.00 7 EXTERIOR ROD IRON DOORS Install (15) exterior rod iron doors and 30locks sets on exterior bar doors._ 12,000.00 $11,850.00 $12,300.00 8 HVAC UNITS Install (5) central AC units &Duct work 19,000.00 520,000.00 519,250.00 9 TILES Remove exisiting floor covering and 4100 sqft. of Ceramic tile for ins-tFLOOR living rooms,bedrooms and hall in 9 units apartment units. 16,400.00 $17,425.00 $18,450.00 CONSTRUCTION BID PROPOSAL FOR: 10 INTERIOR PLASTERING Light texture all interior walls in 9 units. 18,000.00 $19,800.00 $19,300.00 11 EXTERIOR PLASTERING Stucco repair all exterior walls. 8,000.00 $8,500.00 $8,650.00 12 INTERIOR PAINTING & Paint allinterior walls in (9) 6,528.00 6,528.00 $7,000.00 $6,730.00 13 EXTERIOR PAINTING Pressure Clean, Prime & Paint exterior walls, walkways, fence & stairs. 11,570.00 $12,200.00 $11,930.00 14 LANDSCAPING Plants,trees & shrubbery, decorative rocks and grass(xyrscape). 3,500.00 $3 500.00 $3,500.00 15 TANKLESS WATER HEATERS Install water heaters in all (9) units. (600) 5,400.00 $5,400.00 $5,400.00 16 EXTERIOR WALKWAYS Patch and repair exterior walkways surface area 2,000.00 $2,000.00 $2,000.00 17 EXTERIOR RAILINGS Repair exterior hand railings. (3000) 6,000.00 $6,000.00 $6,000.00 18 WINDOW SHUTTERS Install (51) hurricane shutters over windows. (400) 20,400.00 $20 400.00 _ $20,400.00 19 TRASH REMOVAL Removal of trash and debris from ite. 3,000.00 $3,000.00 $3,000.00 20 PERMITS & INSPECTIONS Permit and inspection cost. 4,000.00 $4,000.00 $4,000.00 21 Appliances Refrigerator(6) Stove(4) Micro(2) 9 units 10,800.00 $10,800.00 $10,800.00 22 Contractor's overhead Overhead cost (10%) 28,382.00 28,858.00 $29,667.00 23 Contractor's profit Profit Margin (10%) 28,382.00 28,858.00 $29,667.00 24 25 26 27 28L TOTAL COST _ 340,587.00 346,291.00 356,004.00