Archive for June 23rd, 2009

City hall, civic center designs win council okay

Tuesday, June 23rd, 2009

Bastrop, Tx–Architect Mervin Fatter got a green light today from the Bastrop City Council to complete construction drawings and bid documents so work can begin on a convention center and a new city hall by year’s end. The final designs were unveiled at a public meeting last week and endorsed Tuesday by the council.

Work so far on a 15,000-square-foot city hall on Chestnut Street won praise from the council, but the proposal to build a convention center across the street remained controversial. Council Members Julie Hart and Kay Garcia McAnally held out for a delay in launching that project, saying they wanted more time to study projections by City Manager Mike Talbot about convention center operating costs and other financial details.

Hart and McAnally voted no on a motion to move the construction plan forward. Council Member Joe Beal said Talbot’s latest cost estimates for building and operating the 26,000-square-foot convention center are little different from a similar set of calculations put before the council in April. Beal called the assumptions on which the estimates are built “ultra conservative.”

Council Members Bill Peterson and Ken Kesselus joined Beal in pushing the building program forward.

Talbot estimated construction cost for the new city hall at $3.4 million. He put the final cost of the proposed convention center at $5.9 million. Both figures include furniture, fixtures, wiring for advanced communications technology and professional costs, said Talbot.

Given the current economic climate, bids for both construction projects could be 10 to 15 percent less than present cost estimates, said Mayor Terry Orr. “It’s a good time to bid (construction work),” he said.

Contractors will be invited to bid on each project separately or together, said officials.

Hospital sale closer, foreclosure threatened

Tuesday, June 23rd, 2009

Bastrop, Tx–Lakeside Hospital, an investor owned venture, is being threatened with foreclosure by a major lender, but investors said today the move by Stillwater National Bank and Trust is designed to pressure them and a potential buyer to close a deal soon.

Stillwater has posted notice at the Bastrop County Courthouse that it could auction the property on the courthouse steps as early as July 7, citing the city’s only hospital as collateral for roughly $10 million in loans since early 2005.

Investor Gary Schiff said talks with a potential buyer have been ongoing for almost a year now, and the lender is threatening foreclosure as a way to force negotiations to a close. “We’re diligently trying to get it done,” he said in a telephone interview Tuesday. “We’re down to the last details, but it’s a complex deal,” in part because of the number of parties involved, he added. “There’s a lot of last minute legal maneuvering.”

Schiff did not identify the potential buyer.