Brookvile City Manager Sonja Keaton explains her plans in her attempt to secure funding from the Ohio Public Works Commission for two city projects.
Terry Baver | The Register-Herald
BROOKVILLE — City manager Sonja Keaton informed council she plans to apply to the Ohio Public Works Commission for two loans for two projects.
The two projects are:
• Hay Avenue Roadway (Phase III)
• Main Street waterline replacement (phase II).
The funds will come from OPWC’s state capital improvement and/or local transportation improvement programs.
Keaton said she plans to request a loan from OPWC to fund the Hay Avenue roadway phase III project in order to come close to the amount of points the city received last year from OPWC for last year’s phase II project.
“Last year, 30 state capital improvement projects were submitted and only 12 were funded,” Keaton said.
The highest- r a n k i n g projects are approved for funding until the available funds are exhausted.
“We were fortunate that our Hay Avenue Phase II project received approval with 41 points,” Keaton continued.
Keaton said, however, securing funds for phase III will be different this year.
“The only way I can get 41 points this year on the Hay Avenue Phase III project is to submit the project as a 100 percent loan,” Keaton said.
“Therefore, I would like to submit this project as a 100 percent loan over a 30-year period at a zero percent interest rate,” Keaton said.
Keaton said the total cost of the Hay Avenue Roadway Phase III project is $984,850.
“The total cost of the project includes the 10 percent contingency,” Keaton said.
Keaton noted the estimated breakdown of the annual debt payment by city fund over 30 years, if the project receives approval, is as follows:
• street fund: $453,031 (total amount) – $15,101 (annually)
• storm fund: $266,894 (total amount) – $8,896 (annually)
• water fund: $149,697 (total amount) – $4,990 (annually)
• sewer fund: $115,228 (total amount) – $3,841 (annually)
Keaton said she also plans to submit the Main Street waterline project (phase II) as a 100 percent loan over a 25- or 30-year period at a zero percent interest.
“The project cost for the Main Street waterline replacement project (phase II) is $373,195, which includes a 10 percent contingency, engineering costs and advertising costs,” Keaton said.
Keaton said the estimated breakdown of the annual debt payment from the city’s water fund, if the project receives approval, is as follows:
• 25 years – $14.927.80
• 30 years – $12,439.83
Keaton said she hopes to receive 40 points after the project is reviewed by OPWC.
At present, Keaton said she thinks the city will receive 38 points from OPWC.
But she said she believes she can garner an additional two points by showing the condition of the waterline to the committee responsible for the project’s ranking.
“I did get some photos of the Main Street phase I project and I’m trying to show the committee the interior of the waterline,” Keaton said.
“I feel we will get two extra points if they see the two photos I sent them and see the corrosion of the waterline,” Keaton continued.
Keaton indicated she plans to submit the applications for both projects at a later date in August.
Reach Terry Baver at [email protected].
