OOLITIC – During a special meeting held on Tuesday by Oolitic Town Council, the members of the council reviewed and provided an update to the stormwater project and the Commonwealth Engineering study for the town’s wastewater and water utilities.
Drew Flamion, Project Manager for the stormwater project, discussed the overall objectives and an updated project cost for funding. The project is expected to last until March of 2023.
Flamion discussed the areas of Oak Street and Hall and Mathis avenues. After discussion, it was decided placement plans for Oak Street were just fine. In regards to Hall and Mathis avenues plans, it was decided to shift the layout to the opposite side of the road.
This change may involve getting additional easements which will be discussed as the project continues. Drew will be sending the updated map and proposed pothole locations within the next week.
Flamion then went over the OCRA application estimated construction cost of $522,000, as well as the estimated non-construction cost of $224,000, putting the total project estimated at $746,000.
The SRF Flood Control Loan Increased from $150,000 to $250,000, with the preliminary design construction cost of $652,000. The loan will also include a 15% contingency.
The next item for discussion was the kickoff meeting for the Wastewater and Water Improvement Project. In regards to the Preliminary Engineer Report the Council plans to move forward with, Michelle Carrico, SIDC Grant Administrator, recommended following up with Indiana Finance Authority and Council Attorney Greg Pittman to discuss any conditions required to use the ARP funds for the study.
After a brief discussion about the options, the Town Council decided to table the signing of the contract until IFA and Greg were contacted. Should the town want to apply for state funding, the deadline is April 1, 2022, and the PER would need to be completed by that date.