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 .