BUILDING #26 (PRESIDENT’S HOUSE) REPAIRS

WHEREAS, In accordance with Section 3 (B) of Act No. 44 (A) approving the University’s 1998-99 State Appropriations, certain future expenditures on the President’s House require specific Board approval; therefore, be it

RESOLVED, That the Lincoln University Board of Trustees hereby approves the recommendation of the Buildings & Property Committee to expend funds to make the following repairs:

· Install new underground electrical service                                                              $  6,229
· Remove satellite dish                                                                                                1,755
· Install aluminum soffit (front porch)                                                                           2,288
· Remove existing front porch carpet/apply specialty coating                                        5,850
· Replace deteriorated exterior crown molding                                                             2,850
· Repair/replace front porch water damaged columns,                                                13,850
railings, trim
· Repair/replace rear porch railings, posts, spindles                                                      2,950
· Reset/replace loose brick and re-point as required                                                     4,800
· Reset loose exterior foundation stone work and re-point                                            1,600
as required
· Scrape, sand, and paint all exterior wood surfaces                                                   20,220
Including shutters
· Replace wooden windows with vinyl double-glazed windows                                   12,700
· Resurface/repair/widen existing driveway                                                                 10,000

                       Total                                                                                                $85,092

Figures quoted are based on normal wages in a normal area and do not reflect prevailing wage.  The formula for prevailing wage for restoration is as follows:

($85,092) x 60% = ($51,055) x 30% ($15,317) added to final = $100,409

RESOLVED, That the procurement of all goods and services incurred in this project will be made in accordance with the University’s purchasing policies and procedures; and further

RESOLVED, That this project shall not exceed $125,000.

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