Tuesday, July 20, 2010

Fair Street action

After engineering estimates of the Fair Street project were received, it was determined that the City had enough funds to complete the drainage work and resurface Fair Street below the BNSF Bridge, but funds were lacking to repair the street area north of the bridge. City Manager Gus Collins found a low interest (less than four percent) loan which, if taken, would entitle the City to a $50,000 grant which would be enough funds to finish the street repairs need. The Council unanimously approved, at their meeting tonight, to submit their intent to apply for the loan. The City is still waiting on BNSF's approval of the engineering plans so bid letting can begin.

No comments:

Post a Comment