Loading...
HomeMy WebLinkAbout1981-02-09 81-93 ORDER81-93 Introduced by Councilor Haldacci, February 9, 1981 f�t,pp CITY OF BANGOR (TITLE.) vl Pbff Penobscot East Interceptor. Sewer. Extension 7 Of City Share BY als City Conwell erW City OfBsnyar: tIm' 1, THAT, WHEREAS, an application has been submitted for State and Federal funding for the construction of the Penobscot East Interceptor Sewer from its present terminus to Mount Hope Avenue, and WHEREAS, it is now necessary that the City appropriate the necessary funds to cover the local share of the project cost, NOW, THEREFORE, be it ORDEREDt THAT the sum of Five Hundred Thousand Dollars ($500,000.00/ be transferred from the Sewer Reserve Fund to cover the City's share of the construction and other related coats during construction. STATFMM OF FACT: The Federal share and the State share of the eligible project coats are 75% and 15%, respectively; the total estimated eligible i;vOct coat is $3,tt00t6'70.00, making the City's 10% shore to be ,067.00. In addition, the City is required to pay certain ineligible costs, includingthecosts of land acquisition and the construction of certain collector sewers, presently estimated at approximately $160,000.00. In City Council Febuary 9,1981 passed ORDER '81 FEB -4 Pi26 C- G -w-- Title,r >.ciV C erk V f REGI. FHv h cot East S t .ceptor Sewer CIiY OF Br NL or .......... -... .••• CITY CLERM ` S en4un Appropri t}on Of City Share ced d filed by _ Councilman .