Wednesday, November 2, 2011

Casino Construction Pics from 10/29

These were included in the latest City Manager's Report.  I took note of this introduction offered by Ms. Stanton:
The first item that caught my eye is the use of the term "bi-weekly."  If you Google it, you will find that technically it means every two weeks and that the term "semi-weekly" refers to meetings that happen twice weekly.  I would hope they are meeting more than twice a month on this project - it would be nice to know more definitively what the meeting schedule is, but we have become numb to ambiguity around here.  What is not ambiguous is that the OIG is having their staff attend these regular meetings.  I am sure discussion about whether the seawall meets code standards so that the NEW building does not need to be built on pilings is not on the agenda.

Here are the photos:




2 comments:

Karri said...

"I am sure discussion about whether the seawall meets code standards so that the NEW building does not need to be built on pilings is not on the agenda."

Wes, that is a safe bet. It is disheartening to me that the construction is moving forward when the under ground foundation has not been addressed.

The following scenario is unfortunately a likely reality the taxpayers of Lake Worth will be paying for.

- The casino will not be finished on budget & Morganti will not be held to the contact which is contingent on the faulty engineering report.

- If & when the project is finished, the leases negotiated by the present commissi
on will not be sufficient to realize a profit.

- Due to the underground structure not being addressed, how long before this new building comes crashing down due to a force of nature

I shudder to think of the financial impact this will have on the citizens & business owners of Lake Worth.

PF said...

The FAB report seems to be very concerned about the whole economic viability of the city being determined by our casino Project
Have there been cost overruns on construction
What are the total project costs of the Casino
What is the Gap btw Total Costa & Loan Proceeds
Doesn’t that $6million dollar guaranteed fixed Price contract have $1,000,000 in Reserves and contingencies
What is the progress to date and are there any monies left in Reserves and Contingencies---
exactly How Much