Invoices totaling $44,087 approved for Madison Center as consultants confirm $2.17 million tax credit

Participants at a meeting on the Madison Center project approved an invoice packet totaling $44,087.23 and heard that consultants have confirmed a $2.17 million IRA tax credit for the project.

A staff member told participants that a multi-million-dollar payment from the state had been received and that CLA, the consultant performing the tax-credit audit checks, confirmed the tax-credit value at $2.17 million. When a committee member asked for clarification, the staff member repeated the figure: "2.17," and the committee member responded, "I thought you said 2.7 ... I'll take 2.17."

The staff member also summarized the results of an 11-month warranty walk-through, saying the inspection produced a punch list that project contractors, the commissioning agent and the mechanical engineer are working through. The staff member cited issues that include grass establishment concerns and several HVAC-related items, such as some rooms running hotter or colder than expected and occasional alarms. The staff member said the commissioning agent supplied updated data that will be combined with other reports to prioritize winter-warranty items.

Nick, who spoke during the meeting, asked the staff member to share the commissioning report and noted remaining HVAC items that will require coordination between the controls contractor and other vendors. The staff member said the team expects to wrap up outstanding interior and exterior punch-list items over the next few weeks and before summer.

The meeting included a formal motion to approve the invoice packet dated 6/29/26. Jared moved to approve "invoice packet dated 6/29/26 including invoices from BVH CDW CLA and Colliers in the amount of $20,590.28 and a construction payment requisition 27 from Gilbane in the amount of $23,496.95 for total approval of $44,087.23." Woody seconded the motion. The motion was approved by voice after affirmative responses were recorded.

The staff member also noted that CLA still has a remaining contract amount and will submit a final invoice once the tax-credit submission is complete. The meeting recorded no public commenters and then closed after a motion to adjourn, which was seconded and approved by voice.

Next steps noted in the meeting include staff sharing the commissioning report with attendees and continuing work to resolve the warranty punch-list items identified at the 11-month walk-through.