ENMU President’s Residence, thank you in advance for your time and insights

The Regents of Eastern New Mexico University invite your comments, ideas and insights about our plans to renovate or rebuild the ENMU president's home, 1600 Cherry Street. 
Overview
The President’s residence functions as a public facility and a private residence for the ENMU president and family. The home (4,700 sq. ft.) hosts many events during the year, both inside and in the residence’s large backyard.  As a university property, the president’s home is available for entertaining, meetings, community functions and other University events year-round.
Constructed in the mid-1960’s, the residence is attractive and well maintained. The building was expanded in 1995 (adding a catering area and ADA restroom) and the master bath was renovated earlier this year.  However, infrastructure issues remain. The two-elevation construction hampers expansion.  Like most older homes, the residence is not energy efficient. The single-paned windows, aging outside doors and flooring, poor ventilation and insulation need attention. For example, three separate HVAC systems heat and cool the residence.  In late 2017, Havona Environmental confirmed the presence of asbestos, which will have to be abated in any renovation or demolition project. The Regents requested Albuquerque architectural firm of Dekker, Perich, and Sabatini to assess the home’s current condition and to prepare a report and recommendations regarding the need for a remodel or rebuild of the residence. They presented three options and cost estimates:
Renovate Existing Home
4,700 sq. ft. @ $60 sq. ft. = $282,000, plus 15% premium for State wage @ $9 sq. ft. = $42,300, asbestos abatement = $68,000 for $392,300.  Additional “soft” costs (20%) for design fees, inspections, geotech, survey, and NMGRT will bring estimated project cost to $490,000. 
Build New 2,500 sq. ft. Home (private residence only)
2,500 sq. ft. @ $140 sq. ft. = $350,000, plus 15% premium for State wage @ $21 sq. ft. = $52,500 for a total estimate of $402,500. Adding “soft” costs brings estimated project cost to $500,000.
Build New 3,500 sq. ft. Home (public & private residence)
3,500 sq. ft. @ $140 sq. ft. = $490,000, plus 15% premium for State wage @ $21 sq. ft. = $73,500 for a total estimate of $563,500. Adding “soft” costs brings estimated project cost to $700,000.
Recommendation and Other Issues
Based on the inherent infrastructure and construction concerns of the residence, the Dekker, Perich, Sabatini assessment team recommends building a new home.  The Regents must also consider some additional issues: 
Current residence--If a new residence were constructed, what does that mean for the current facility? Remodel and re-purpose?  Demolition?  Also, during remodeling, the President would have to relocate for several months. 
Financing--How would any option be financed?
Timing–-When should the University undertake a remodel or build?
Why the Board Has Requested Your Input.
The ENMU Regents seek broad-based stakeholder and community input and support for this initiative.  ENMU is a state-owned public institution, and as one of our key stakeholders, your opinion is important to us. Many of you have been in the President’s home or backyard for events. You know this property and understand its value to our University and community. The Regents would like the proposed solution to be an asset to the University that can attract and retain highly qualified Presidential candidates for the next fifty years and a welcoming venue to host events for students, faculty, staff, alumni and donors.

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* 1. Please check your constituency group

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* 2. Which of the below do you feel best meets the need of ENMU?

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* 3. Given these options, what is your recommendation?

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* 4. What should be done with the current home if we rebuild at different site?

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* 5. Do you have suggestions about the timing for this renovation or rebuild?

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* 6. Do you have an opinion regarding how a remodel or rebuild should be financed?

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* 7. Are there any other comments or suggestions that you would like to add?

Thank you for your  comments and your insights.
The ENMU Board of Regents

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