TRAVAUX INC. BOARD OF DIRECTORS

P.O. Box 324 City of Milwaukee Milwaukee, WI 53201-0324 Meeting Minutes TRAVAUX INC. BOARD OF DIRECTORS Antonio M. Perez, President, James A. Bohl, Jr., Grady L. Crosby, Daniel McCarthy, Mark Wagner, Eugene R. Guszkowski, Ald. Khalif Rainey, Atty. Kimberly Hurtado, and Eugene Manzanet Thursday, November 14, 2019 3:00 PM Convent Hill Community Room, 455 E. Ogden, 1st Floor Call to Order Meeting called to order at 3:10 p.m. Roll Call Present: 7 - McCarthy, Wagner, Perez, Manzanet, Bohl, Hurtado, Guskowski Excused: 2 - Rainey, Crosby 1. T126 Approval of the minutes of the regular meeting held on Thursday, October 17, 2019 Sponsors: THE CHAIR Attachments: October 17, 2019 Travaux Minutes A motion was made by James A. Bohl, seconded by Eugene Manzanet, that this Motion be APPROVED. This motion PREVAILED by the following vote: Aye 6- McCarthy Wagner Perez Manzanet Bohl Hurtado No 0 Absent 1- Guskowski Excused 2- Rainey Crosby City of Milwaukee Page 1 TRAVAUX INC. BOARD OF Meeting Minutes November 14, 2019 DIRECTORS 2. T127 Resolution approving a contract with Westlawn Renaissance VI LLC to be the Construction Manager at Risk/Constructor for the Westlawn Renaissance VI project in an amount not-to-exceed $33.6 million Sponsors: THE CHAIR Attachments: Westlawn Renaissance VI Project Brief Westlawn Renaissance VI Site Plan Warren Jones, Vice President of Business Development, explained that last month the Board approved a contract with Champion Commercial Structures for $22 million of the $33.6 million budget. The rest of the contracts will be buying out shortly. Currently the total costs are estimated at $35 million, but Mr. Jones believes they should reach the $33.6M budget without a problem. Staff are currently working on designs, continuing to investigate further cost reductions and are working with subcontractors to bring costs to the not-to-exceed amount. For instance, Champion provided two quotes, the lower of which includes delivery from a new factory closer to Milwaukee, which seems likely to happen. There will be crawlspaces instead of basements, which will also lower costs. The project is expected to start in March or April of 2020, after the thaw, and is expected to wrap up by December 31, 2021. The manufactured homes are purchased as they are delivered, and so, if pricing would change drastically, which is seen as unlikely, Travaux would not be obligated to purchase at the higher price, and could go to the other bidder, or open another RFP. Fernando Aniban, HACM’s Chief Financial Officer explained the project will encompass 138 units at 57 buildings with a total development cost of $59 million, and explained the financial makeup of the project. After discussion between the Directors, Director Bohl amended his resolution to include a stipulation that the resolution would be approved contingent upon there being a provision in the contracts that the contracts can be terminated if the funding isn’t put in place. A motion was made by James A. Bohl, seconded by Eugene Manzanet, that this Travaux Resolution be ADOPTED. This motion PREVAILED by the following vote: Aye 7- McCarthy Wagner Perez Manzanet Bohl Hurtado Guskowski No 0 Excused 2- Rainey Crosby City of Milwaukee Page 2 TRAVAUX INC. BOARD OF Meeting Minutes November 14, 2019 DIRECTORS 3. T128 Report from the President Sponsors: THE CHAIR President Pérez said that Travaux had recently presented at the conference of the Wisconsin Association of Housing Authorities (WAHA), which took place in the metro Milwaukee area. Mr. Jones presented information about Travaux’s experience developing real estate and its construction activities. Afterward, some attendees expressed interest in learning more of Travaux’s capabilities. Scott Simon, Vice President of Business Development, attended the conference and had an opportunity to network with a number of attendees from across the state. HACM & Travaux also hosted a tour of Westlawn. Mr. Jones noted that Travaux found out this morning that Victory Manor has been recognized with a LEED-Gold for Homes certification. It is a welcome notification. Mr. Simon shared that shortly before the meeting he was notified that Travaux was selected in a competitive process to be the Owner’s Representative for the Hmong-American Peace Academy (HAPA), peforming their work with VJS as the contractor and Continuum as the architect. President Pérez asked Mr. Fernando Aniban, HACM's Chief Financial Officer, to introduce Travaux’s new Finance Director, James Bartsch. Mr. Bartsch provided information about his professional background. President Pérez also mentioned that Judge Donald, whose last Travaux Board Meeting was in October, will have his investiture to Appellate Judge of the Court of Appeals tomorrow. Travaux wishes him well. Director Wagner shared that he also attended the WAHA Conference and was able to introduce Mr. Simon to a number of attendees from around the state. He heard a number of positive comments about Travaux’s presentation and felt it was worthwhile. President Pérez noted that Travaux is beginning to put together marketing pieces. Mr. Aniban added that the Travaux website is undergoing an update as well. Adjournment There being no further business, Commissioner Guszkowski made a motion to adjourn the meeting at 3:39 p.m. Commissioner Bohl seconded the motion. There being no objections, the motion carried. Upon reasonable notice, efforts will be made to accommodate the needs of persons with disabilities through sign language interpreters or auxiliary aids. For additional information or to request this service, contact the Housing Authority ADA Coordinator, Patricia Schmidtknecht at 286-5100, (FAX) 286-3456, (TDD) 286-3504 or by writing to the Coordinator at 650 West Reservoir, Milwaukee, WI 53212. Persons engaged in lobbying as defined in s. 305-43-4 of the Milwaukee Code of Ordinances are required to register with the City Clerk's Office License Division. Registered lobbyists appearing before a Common Council committee are required to identify themselves as such. More information is available at http://city.milwaukee.gov/Lobbying. City of Milwaukee Page 3