HomeMy WebLinkAboutC.054.93010_0825Estimated 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.