By LIZ VERLEY, Staff Writer
Swanville’s request to be put on the Public Financing Authority’s 2013 Intended Use Plan (IUP) has been approved. The city is now eligible to receive a loan of approximately $1.1 million to replace existing water main, services and fire hydrants as part of the continuing work to replace the water distribution system constructed in 1930-1931.
The estimated cost of the project includes $491,666 to replace Rhoda Avenue’s water main from County Road 12 to Fifth Street; $291,667 to replace the water main from Berkey to the water tower on Third Street and $316,687 to replace Fifth Street’s water main from Rhoda to Berkey Avenue. This will include money for the construction and project contingency fund and engineering, administrative, legal, bonding and interest costs.
The Council will now have to decide how much, if any, of the project will be done and when construction should start. It will also have to decide if it wants to have additional work done at the city’s expense. The work would be slated for the 2013 construction season. City Engineer Mark Hallen of Widseth Smith Nolting (WSN) said the project would take approximately nine weeks.
The Council decided to ask its financial adviser to attend its October meeting to discuss financing of the project.