Title
Matters relative to I/I Improvements
Body
SUMMARY:
As discussed at the September 23rd work session, funding of $1,950,000 through the State Revolving Loan Fund has been offered to the City with a principal forgiveness (grant) of $195,000. The rate would be 2.5% for 20 years. In addition, the City has a grant of $30,000 through the Tennessee Healthy Watershed Initiative to cover some of the study and engineering costs. The remaining projected costs for the study and engineering are included in the budget. The City also has a grant application in for $500,000 in CDBG grant funds for I/I improvements that are expected to be announced at any time.
Attached is a contract with GRW Engineers in an amount not to exceed $75,000. Included in the $75,000 cost is $66,950 for CSL who will install the flow monitors as a subcontractor to GRW Engineers. The proposal from CSL is also attached.
BUDGET ACCOUNT: 413-41920-930-002
Recommended Action
NECESSARY COUNCIL ACTION: Approve contract with GRW Engineers for I/I studies and engineering in an amount not to exceed $75,000. Approve acceptance of funding through the State Revolving Loan Fund for improvement costs.