HomeMy WebLinkAboutC.054.93010_1196 (2)1. Request for Approval of (1) An Amended Capital Project Ordinance for the CDBG
Water/Sewer Project Fund (2) the Awarding of the Water Storage Tank Bid to Phoenix
Fabricators & Erectors in the Amount of $961,000 for the West Farm Development Project
Contingent Upon Obtaining Easements & (3) the Approval of a Memorandum of
Understanding Pertaining to the Funding of Contingency Costs for the Water Tank Project
Iredell County, North Carolina
Amended Capital Project Ordinance
Community Development Block Grant (CDBG) Water/Sewer Project Fund
Be it ordained by the Board of County Commissioners of Iredell County, North Carolina:
Section 1. Funds for the Sewer Project of this Capital Project Fund will be provided from the
following sources:
Millard Refrigeration 160,465
Greater Statesville Dev. Corp. 50,000
Iredell County General Fund 66 575
2Z 0.40
Section 2. Funds for the Water Tank Project of this Capital Project Fund will be provided from
the following sources:
CDBG-ED Grant 240,000
Rural Center Grant 150,000
Golden Leaf Pass-thru grant from
Committee of 100 150,000
USDA Rural Economic Development
Loan — to be repaid by Energy
United Electric 240,000
West Family Commitment 300,000
Contingency Commitment from
Project Participants 42 310
S_12,314
Section 3. The following costs to design, engineer and construct the sewer line and lift station
are as follows:
Design, Engineering, & Other Costs $ 7,800
Contingency 8,775
General Construction 260.465
$277.040
Section 4. The following costs to design, engineer and construct the water tank are as follows:
Professional Fees -Engineering,
Surveying, Inspections 87,310
Grant Administration 24,000
Construction of Water storage Tank 961,000
Construction Contingency 50 000
$1,122.31
Section 5. This Capital Project Fund shall continue until the project is complete.
Section 6. Payments from this Capital Project Fund shall be authorized by the County Manager
or his designee.
Section 7. Millard Refrigeration will be billed for its proportionate share of the sewer project
construction contract as each invoice is received from the contractor.
Section 8. Two-thirds of the funds committed by the West Family shall be due prior to the
County's first payment on the water storage tank construction contract. The balance
of the commitment shall be due after all other project funds have been drawn down
and expended.
Section 9. County funds remaining in this Capital Project Fund after completion of the
construction project will be transferred to the Capital Reserve Fund.
This amended Project Ordinance being adopted August 5, 2003.
w.+wr