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HomeMy WebLinkAboutC.054.93010_0825 (2)Estimated Cost for Proposed Library Site on Meeting Street Land $450,000 Texaco site $300,000 Motel site 150,000 Foundation Drain $ 3,000 Demolition and Environmental cleanup 86,300 Demolition and environmental asbestos from swimming pool 72,801 Concrete and asphalt removal 17,500 Reroute gas lines 15,071 Reroute Adelphia lines 0 Estimate for cut and fill of soil 16,000 Construction of retaining wall 125,000 Phase 1 & 2 environmental 10,300 Construction pad 15,000 Storm Drains 56,727 Site Preparation for Meeting Street over Eastside Drive site 25,000 Contingency 120,000 General Fund Total $1,012,699 Reroute water and sewer lines 117,427 Water sewer fund total 117,427 Reroute electrical above ground 216,000" Reroute Bell South line 150,000 Electrical fund total 366,000 Total estimated cost for site preparation $1,496,126** Estimate for underground electrical - $302,500 Revenue: Council pledge 500,000 Patron pledge 200,000 Brick donation 50,000 Patron pledge 75,000 Iredell County site preparation monies for Eastside Drive 90,000, Total pledged revenue 5915,000' •' Provided by city electric utility director Cost estimates per county architect, contractors, city engineer •'" Revenue data per Mayor Commissioner Bowles said he understood there were five underground tanks. He asked how much money the city would be willing to spend for environmental cleanup. Marshall said $86,300 was in the budget for demolition and environmental cleanup. He added that $120,000 was in contingency. Commissioner Johnson said he noticed in the draft agreement, submitted by the City of Statesville, that the county would purchase the properties, and then the city would reimburse the county. County Manager Mashburn said this was the basic premise. Johnson raised concerns about environmental problems, and who, or what governmental unit would pay to correct them, especially if Statesville never became a deed holder of the Meeting Street properties.