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GERS Board Approves Offer for WICO Management Agreement
(Thursday, February 27, 2014)
GERS Board approves offer for WICO Management Agreement at Special Meeting held on February 26, 2013.
In a Special Meeting of the GERS Board held in Executive Session on Wednesday, February 26, trustees approved an offer to WICO of a 6% Management Fee and a term of five years. However, the agreement has not yet been finalized.
In other action, the Board approved to contract with Jaredian Design Group to conduct site planning studies for repairs and renovations of the old WICO Office Building also known as “The White House.”
Renovations will include repairs to portions of the existing metal roof, providing handicap access to both floors of the building, refurbishing the interior and constructing a new parking facility south of the second floor.
The contract amount is $41,500.00
All Board members were in attendance at Wednesday’s meeting.