5 At A Glance 5 What’s Happened so far? 5 Project Budget Set

Project Budget Set

February 2019

At the February 5 meeting, the Building Committee voted unanimously on a proposed project budget of $291M, a $17M reduction from the preliminary estimate of $308M last summer. The final budget was determined after a series of meetings and discussion about Value Engineering items that could be removed from the project.

Learn about:
What’s Next:
  • HMFH Architects will submit the Schematic Design to the MSBA later this month.
  • MSBA will review the submission to determine the reimbursement grant from the MSBA and Arlington’s financial share of the project in mid-April
  • Once the Schematic Design is approved, Arlington voters must approve a debt exclusion to pay for Arlington’s share of the project.  A June 11 special election is scheduled.
Tell me more:
What happened before this?

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