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. <br />.,~ii ~`~~''~~~,~,~• <br />~~~,~. <br />_ <br />(503) 588-5212 <br />BOARD OP <br />COMMISSIONERS <br />Randall Franke <br />Gary Heer <br />Mary Pearmine <br />ADMINISTRATIVE <br />OFFICER <br />Ken Roudybush <br />~'larion County <br />OREGON <br />BOARD OF COMMISSIONERS <br />MEMORANDUM <br />DATE: FEBRUARY 11, 1998 <br />TO: The Honorable Edwin Peterson, Chair, Special Proj ect Oversight <br />Committee p . <br />~F <br />FROM: Ken Roudybush, County Administrator <br />RE: Close out Costs and Alternatives for the Courthouse Square Project <br />Attached for your review is a joint Marion County/Salem Area Transit narrative <br />on project close out costs and alternatives to building Courthouse Square. <br />The data was compiled in response to three essential scenarios: <br />1. Marion County and/or Salem Area Transit abandon the Courthouse Square <br />proj ect, and neither agency proceeds with a proj ect on the current site. <br />2. Salem Area Transit stays on the Senator Block site to develop the <br />downtown transit center and the county moves its county service center to <br />another location. <br />3. County stays on the Senator Block site to develop its county service center <br />and transit relocates to another site. <br />To close out the project will result in an estimated $7,610,408 combined loss for <br />Marion County and Salem Area Transit. <br />We have not provided a financial estimate of each alternative. This is largely due <br />to the complexity and time that such an analysis would require. <br />If you have any questions prior to the next SPOC meeting, please do not hesitate <br />to contact me at 588-5212 or John Whittington, Salem Area Transit at 588-2424. <br />Marion County Courthouse • 100 High Street NE • Salem, Oregon 97301-3670 <br />