CITY PROJECTS FUNDED
Posted by: ksalomon | on December 4, 2014
By Matt Montgomery
editor@mustangnews.info
The Mustang city council voted unanimously to approve funding for three city projects, including the widening of Mustang Road south of SH 152, wastewater plant treatment upgrades and groundwater treatment for arsenic removal and water re-use.
The three projects came to the council for approval of funds, after the city learned its Series 2013 Note for $7.895 million will mature Dec. 1, 2018.
The city will use $4.5 million for the street widening project, $1 million for the wastewater treatment upgrades and $2.395 million for arsenic removal.
By approving funding, there will be no increase in the amount of annual debt payment. Debt payments will be extended out 11 and 1/2 years.
Mustang Mayor Jay Adams said these projects will be a tremendous benefit to the city and its residents.
“The Mustang road improvements around the high school are going to be critical for our future,” he said. “The arsenic removal systems to the water are also going to be critical for our future as well as the wastewater plant treatment upgrades.”
The city council also approved a resolution for the city to apply for a Programming Surface Transportation Program Fund for the Mustang Road widening project.
Assistant City Manager Justin Battles said this resolution includes utility relocation within the project. That alone will cost $300,000. He said ODOT doesn’t provide funding for this aspect of the project.
“This is going to be a different project than we’ve done before,” Adams said. “We resurfaced South Czech Hall Road for $300,000 and here we’re talking about just moving utilities for $300,000. It’s a whole different ballgame but it’s something that is going to be very important to our future.”
-
Mustang News » City projects funded
Bookmarks