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2017-01 Authorizing to Borrow from Water Pollution Control Revolving Loan Fund
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2017-01 Authorizing to Borrow from Water Pollution Control Revolving Loan Fund
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Last modified
5/22/2017 2:04:46 PM
Creation date
1/25/2017 4:24:36 PM
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Resolution/Ordinance
Res Ord Num
2017-01
Res Ord Title
Authorizing to borrow funds from the Water Pollution Control Revolving Loan Fund
Department
Public Works
Approved Date
1/17/2017
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LOAN AGREEMENT $r' WASTEWATER PROJECT: L175315 <br /> PROJECT DESCRIPTION <br /> This project will fund Combined Sewer Separation by building new storm sewers in the Nelson Park neighborhood of Decatur, <br /> Illinois. <br /> PROJECT BUDGET <br /> TOTAL ELIGIBLE <br /> Design Engineering $146,847.00 $146,847.00 <br /> Construction-Entler Excavating Company,Inc. $3,503,727.83 $3,443,354.18 <br /> Construction Engineering $318,985.00 $318,985.00 <br /> Contingency $103,300.63 $103,300.63 <br /> TOTAL $4,072,860.46 $4,012,486.81 <br /> The loan amount is$4,012,486.81. <br /> OTHER FUNDING SOURCES/COSTS EXCLUDED <br /> $60,373.15 worth of side walk restoration work found to be upgrade work and therefore is loan ineligible. <br /> SPECIAL CONDITIONS <br /> None <br /> STANDARD CONDITIONS <br /> Please see Attachment A. <br /> PAGE 2 OF 2 <br />
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