2014-557-E AMS - The Resolute Building Company for Preliminary Development cost for Southern Branch (Brewer Lane) Library Project $1,200

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DocuSign Envelope ID: 24393F55- 9D5E- 4A68- 94A6- 8C20E497B2FD J 10, 1: October 28, 2014 Jeff Thompson, jethompson @orangecountync.goy Asset Management Services Director Orange County Government PO Box 8181 131 W. Margaret Lane Hillsborough, NC 27278 RE: Brewer Lane Library Project Preliminary Cost Services Dear Jeff: The RESOLUTE Building Company P.O. Box 3656 Chapel Hill, NC 27515 (919) 933 -1000 (919) 493 -1000 Fax (919) 493 -3333 It was a pleasure to meet with you yesterday regarding the development of the Brewer Lane Library Project. Thank you for considering Resolute to provide preliminary costing information for the site development, and the construction of an estimated 15,000 square foot cold dark shell for the library. The library could be expanded to 23,000 square feet. In addition, you requested costing information for the construction of a typical 250 space parking deck. • The library is to be constructed approximately 14' above the current grade such that the entry elevation for the library is essentially the same as the Main Street Development. The current grade is shallower as one moves east on the property. • The construction of the library is to be a post tension concrete podium (23,000 square feet foot print) with a post tension roof structure. The design of concrete structure will be capable of constructing (4) levels of wood framed apartments above the library, • We will provide costing information for a simple multi -level parking structure for 250 parking spaces. • We will also look into the feasibility of placing 80 or so parking spaces below the library. • As we go through this initial process, we will work with you and the developer to identify what is to be included in the cold dark shell cost and the upgrade cost (beyond the shell cost) required to place four levels of apartments above the library. The upgrade cost will include all reasonable coordinating elements between the podium and apartment construction phases, as well as any deducts (roof for podium as an example) should the apartments be constructed. • The costs would include any specific construction staging costs that are unusual due to the site constraints, assuming the deck, podium and apartments are all built at the same time in a reasonable sequence.