Phase II expected to cost $4.2 million
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Elected officials began unofficially talking about the upcoming meeting last week when Alderman Bobby Kirby asked other elected officials about the possibility of having another com-pany besides EG&G handle phase II.
?Will you consider looking at another engineering group to do the final construction?? asked Kirby at the last Finance Committee meeting. ?I just want to know if you would be interested.?
Stopping the discussion short was Alderman Patti Nunley who said, ?I won?t. They did an excellent job last time.?
Having his answer, the discussion ended abruptly and the committee adjourned.
The estimated cost of construction is $4.2 million. To finance the costs, the city has already received a $975,000 TDOT grant and will receive an additional $243,750 TDOT grant. The city will also apply for $600,000 from the Appalachian Regional Commission and $100,000 from TDOT?s Optional Safety Grant Fund.
Should all those grants be awarded to the city, they would account for $1.91 million of the $4.2 million pricetag.
Phase II of the project will include Sparta Street from Main to Morford, Morford Street from Sparta to Chancery, North Spring Street from Main to Morford and North Chancery Street from Main to Morford.
Intersections included will be North Chancery Street and Morford, College Street and Morford, North Spring Street and Morford and Sparta Street and Morford.
Project construction is scheduled to begin in March 2008. For construction to start at that time, the city must authorize the plans in the near future.