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HomeMy WebLinkAboutC.054.93008_1920Mr. Bryan said the Iredell County Industrial Revenue Bonds Authority is a monitoring process to ensure that the project is properly funded and aualifies for the bonds. A New York bank will issue a letter of Credit. Alta Corpora- tion is a subsidiary of the Petropar Inc., and they have asked for up to $10 million in bonds. They plan to have 60 employees in the first phase and expect that the facility will be doubled in size. They have no waste except personal wastes from the bathroom facilities. The time frame is to close on the property by the end of this month. The operation is to begin in January 1992. The board members inquired what made the corporation choose Iredell County over other locations considered. Mr. Bryant responded that the county's proximity to Charlotte, Lake Norman, and the quality of life. The difference between Iredell County site and the Rowan County site was the prompt attention and the enthusiasm of the Mooresville/South Iredell Chamber of Commerce. MOTION from Commissioner Madison to approve the concept of the issue of the industrial revenue bond to be issued by the industrial bonds authority and appoint the firm of Robinson, Bradshaw & Hinson to serve as bond counsel for Iredell County. Further, to call for and establish a public hearing at 7:00 p.m. on Tuesday, July 2, 1991, County Commissioners Meeting Room, of the Iredell County Government Center, 200 South Center Street, Statesville, NC. WEIGH STATION AND ADNINISTRATIVE BUILDING BIDS FOR THE LANDFILL: Mr. Mashburn said the board received bids for the captioned project and felt that all bids were more than the anticipated budget cost for the project. The low bidder is P. S. West Construction Company. They have been working with P. S. West to reduce the low bid. The recommendation from staff is that the bids with P. S. West Construction be approved not to exceed $99,900. The following is the list of bids received: Barger Construction Company Mooresville, NC LUMP SUM BID $138,300 Alternate #1 -1,250 Alternate #2 -2,300 Alternate #3 + 900 Alternate #4 -8,800 Alternate #5 -3,400 HVP.0 Plumbing & Elect. 35,000 Barrier Building Systems PRICE LUMP SUM BID $136,250 Alternate #1 -2,040 Alternate #2 -1,410 Alternate #3 +3,586 Alternate #4 -9,236 Alternate #5 -3,610 HVAC Plumbing & Elect. 36,230 Cabarrus Construction Company PRICE Concord, NC Alternate LUMP SUM BID $152,750 Alternate #1 -325 Alternate #2 -1,500 Alternate #3 +3,400 Alternate #4 -7,000 Alternate #5 -3,800 HVAC Plumbing & Elect. 38,732 Deconti, Odden & Griffith Charlotte, Nc LUMP SUM PRICE $151,000 Alternate #1 -500 Alternate #2 -1,800 Alternate #3 +3,200 Alternate #4 -13,000 Alterante #5 -5,000 HVAC & Electrical 35,345 0 3.1'7L,