Middlebourne City Closes Bond For Water Project
USDA representative Virginia McDonald met with Middlebourne City Council Friday, July 13 for a special council meeting where Mayor Steve Seago signed all documents finalizing the grant contract with the USDA. The grant funds will go toward the town’s pending water project. McDonald added, “I want to say congratulations and thank you to everyone on the project team and to the town for the perseverance and working to keep this project moving forward.”
Ryan White, with White Legal Services, went over the terms and agreements that go along with the $2 million bond will be used towards the water project. The bond will carry a 2.25 interest rate over a 40-year term with payment beginning 30 days after the closing of the bond.
Tim Meeks with the Mid-Ohio Valley Regional Council provided a list of drawdowns from the project including: Thrasher Engineering, $350,315.54; Regional Council for technical services, $13,953.22; White Law Offices, $8,500; Griffith & Associates for accounting services, $33,164.65; loan payoff, $60,024.70; Rymer Legal Services, $18,800; for a grand total of 484,758.11.
After the signing of official documents, many organizations that will be involved in the construction of the water project gathered to go over some of the specifications regarding the project. There are three contracts under the proposed project. The first project is to replace water lines along various streets and along some DOH highway in the amount of $418,217.21, and that project will be contracted by Wolfe’s Excavating, LLC. The second project will be the installation of a 150,000 gallon water storage tank, as well as rehabbing the existing tanks in the amount of $429,705.00 – contracted by Mid Atlantic Storage Systems, Inc.
The third project includes the water treatment plant upgrades and generators in the amount of $1,461,384.00 – contracted by FAMCO Inc. These projects are estimated to begin in August.
In a previous meeting, council discussed the handicapped-accessibility ramp that needs to be installed. The original contractor will not be able to perform the job, and so council will have to rebid the project. Council is not allowed to rebid any amount exceeding the previous rate for the project. A motion passed to rebid the ramp project which includes removal of the bell tower from the city building.
The next scheduled Middlebourne City Council meeting is set for Aug. 13 beginning at 7 p.m. and located at the City Building on Stealey Street in Middlebourne.