1996-11-20-PEDC - Laserfiche WebLink

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274 City's monetary participation in some of these projects. City Manager Malone stated . · ~' that the City consists of citizens that voted for the tax to pay for the infrastructure to serve industry. Boardmember Bray said he was speaking about funds that the City has available in bonds that haven't been used versus the Board's funds available and the capacity to use those funds in other areas. City Manager Malone stated this Board is a part of City government. City Attorney Haynes said it was discussed at the end of the first year when the board decided that they did not wish to set aside funds for accumulation. He said the bylaws provided for setting aside funds. Boardmember Rhodes said the Board must be able to fund a viable request for new industry. President Fendley asked if the Council had discussed participating in funding any of these projects. City Manager Malone advised that the Council expected that the P.E.D.C. would contribute the money for these projects. President Fendley called for any other questions or discussion on this item, and there was none. President Fendley stated that in regard to the next agenda item that Mr. Don Wilson had approached the P.E.D.C. and the City approximately one year ago regarding access for truck traffic to Rogers Wade and also Red River Transport on 4th Street. He said apparently, they have truck traffic of approximately 108 trucks per week and he has asked the City to look at the street behind the jail and along the railway. He said that's when P.E.D.C. asked City Engineer Earl Smith to bring a plan and cost estimate to the Board for consideration. City Engineer Earl Smith said that he had done a general plan which is a straight shot across the back of the jail and straight. through to 4th Street.. Mr. Smith said, keeping the primary purpose in mind, that he estimated this street to be a 39 ft. wide street back-to-back,with 8 inches of thick reinforced concrete. He said after considering right-of-way preparation including engineering costs, if a consultant is needed, he estimated a cost of $260,000.00 for this project. He said that did not consider any substantial drainage problems in this project or problems with utilities. Mr. Smith said that this is wider than your normal residential street but that he had compared what we built at the back entrance of Campbell's Soup, which was more than a regular residential type street. President Fendley asked if the concrete versus the asphalt was a substantial number increase. Mr. Smith said that he has always felt, in a fair evaluation of concrete versus asphalt, that they are about the same costs, especially if there is heavy traffic involved. He said this cost estimate is a little bit high because it would run across the old cotton compress site where there is a large amount of concrete. He said not knowing what the street grade would be, he assumed that a large amount of the concrete would have to be removed, so he hit right-of-way preparation hard in this cost estimate. Boardmember Bray asked Mr. Smith if it would be possible to narrow the road down and have a larger radius down at the street where the trucks turn. Boardmember Bray said perhaps some money could be saved by doing that and probably still go with concrete. President Fendley called for further discussion and questions on this item. Mr. Smith said that the method of determination he used was in accordance with the Master Street Plan where we have 28, 39 and 44 ft. streets. President Fendley said we should look at several different options and come back to this group in one month, possibly get some bids on it and look at it. City Engineer Smith said that this cost estimate does not include the cost of acquisition of right-of-way. President Fendley asked for further discussion and there was none.