MAIN STREET PROJECT: Over $4M spent on Phase I
A flag burning ceremony from May, 2011.
A flag burning ceremony from May, 2011.
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However, current figures show as of May 30, there has been $4,679,577 spent on Main Street Phase I, according to city recorder Shirley Durham.
?There is one final payment for the engineer and one final payment for the contractor. As far as I know, that?s it. Once those bills come in, we will have a final number,? Durham said.
With the total funding for phase one being $4,762,114, that leaves a funding balance of $82,537. City officials believe the final payments could exceed this amount. If it does, the balance of funding to complete the project will come from the City of McMinnville.
?It is not done,? said Public Works director Bill Brock, ?Contractors are still working evenings and nights downtown doing some caulking.? The caulking is part of the ?punch list? that must be completed before the street is considered finished.
?The punch list is just about done,? said Brock. ?We are waiting on some material to come in.?
According to Brock, EG&G, as well as many other interested parties, have been calling about the financial aspect regarding the project but that information will not be available until the ?punch list? is complete.
?I?ve even had some sub-contractors calling me,? said Brock. ?I?m not talking to sub-contractors. I tell them they have to speak with the general contractor, E.G.&G. or the city. I don?t know if they are trying to go around the system or what they are trying to do.?
Breakdown of funding sources for the phase one project:
City of McMinnville-Bond Fund Proceeds $3,163,116
ARC Grant Funds $600,000
TDOT Funding $718,998
Warren County $140,000
Main Street McMinnville $125,000
McMinnville Noon Rotary $15,000