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Louisiana Land Trust

Louisiana Land Trust. Demolition Management and Monitoring Contract Update December 13, 2010. Proposed New Closeout Scenario for Demolitions (Scenario 4 as presented at October 11, 2010 Board Meeting). All currently assigned LLT properties will complete demolition by March 31, 2011

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Louisiana Land Trust

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  1. Louisiana Land Trust Demolition Management and Monitoring Contract Update December 13, 2010

  2. Proposed New Closeout Scenario for Demolitions(Scenario 4 as presented at October 11, 2010 Board Meeting) • All currently assigned LLT properties will complete demolition by March 31, 2011 • All remaining eligible properties will be tasked for demolition by LLT by December 31, 2010 (approx. 750 properties) • New Demolition Contract(s) advertised and awarded by February 15, 2011 • All remaining eligible properties will complete demolition by June 30, 2011 • Closeout documentation completed and delivered to LLT by August 31, 2011 • Project office closed • Storm Water compliance inspections cease at closeout

  3. Implications of New Project Closeout Scenario 8500 properties cleared for demolition • All 8500 Properties Transferred as a clean demolished sites (Significant blight reduction accomplishment!) • All demolitions complete in 6 months (June 30, 2011) • Complete all available demolition and site restoration work within LLT Budget • Reduces on-going LLT security and maintenance costs • Completes all LLT goals for properties prior to disposition • Allows more time to process and transfer Historic Structures in New Orleans ($200,000 cost implication)

  4. Proposed Closeout Scenario Budget (Demolition Management Costs) *Demolitions complete by June 31, 2011, documentation completed by August 30, 2011

  5. Expenditure & Production Rates Versus Time ––––Management Costs / month (Actual) ------Management Costs / month (Projected) ––––Demolitions Completed / month

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