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Z r M IV1 E R J\tl A N , E V .\ N S & L E O I) 0 L I ) CONSULTI I\JG EI\JGINEERS I OFFIC E MEMORANDUM) TO: , H. F ~ Zir.1r.1erman FROM: J. H. Leopold DATE : · Novemb8r SUBJECT: ATLANTA HOUSIHG, JONESBORO ROAD PROJSC T 8, 1968 Called on Mr . James L. Meyerholtz , Vice President of Trtist Compa,ny of Geor i;ia and learned ·chat Trns-~ Comp;rny would he intc rc;~ted in p:z-ovidlng construction fincmc:Lnr, for the proj8ct b a s (1d on one · percent ~ C l" yr!u:r discount, nnd the GO:ing intorest r a·::.e ( currently 8 ~c::., c~m t). Received l :Tt.t e r fro:ri Trust Compaay of Ge orci.:-i c onfiro.ing th3ir intercct i:i providin~ construct :Lo:1 financing subject to satisff1c t ory c ontrac t arr.J.ns;en')nts between AHA o.r..d Developer. ~vember h.q 1968 DeYelop2r , Archite ct and Contra ctor presented formal proposal in mornin~ conference nt AHA . Total price was equivnlent to j 20, 500 per d··relling un:tt (160 units ). AHA e;,.'l)laine d t hat the above price e xce eded budec t li:rdtations. Dis cussion ensued on poss ible changes and deletions t o brins: price down. The follmJiEJ four- catcr,ories of cl1anges wore discussed~ 1. 2. 3. h. Hinor construction dctnH modifications and substitutions Omit precast fin and scre en walls Omit WD.11 covering Omit miscolla nJous doors Developer submitted amended proposal in the afternoon reflectin~ $20l,09iJ savings rela ted to the above c ategories . This broucht tota l pr i ce davm to e~uivnlent of t l9,250 per unit. �----·· It was explninod that any further s:i.gnificant reduction would r .--, quire change froi:J all-masonry f loor and u:111 construction to cJ.ry uall, wood stud and joist construction with brick veneer. !·Jovembcr 79 1968 Developer advised via telephone by A.HA that HUD budget limitations require further cost rec1uction 3 and tho:t. dry wall, wood stud and joist construct:ton with concrete topping for second floor shou.l..d be used to eff ec-t maxi.n1um savings. D:weloper promised to expedite revised designs and cost est:iJ?l..ates f or submittal a s soon as possible. JHL:jcl - 2 - �