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11/27/2012
THE FAIRMONT CITY COUNCIL APPROVED TWO GRANT AGREEMENTS FOR CONSTRUCTION PROJECTS GOING ON IN THE CITY. THE FIRST PERTAINS TO AIRPORT IMPROVEMENTS INCLUDING REHABILITATION AND LIGHTING ON A RUNDWAY AND PARALLEL TAXIWAY,REHABILITATION OF THE APRON. THE AGREEMENT SPELLS OUT A SHARING OF COSTS AT 89.64 PER CENT FEDERAL, 2.15 PER CENT STATE AND 8.21 PER CENT LOCAL. THE COST TO THE CITY UNDER THE AGREEMENT WILL BE 388,810 DOLLARS OF THE ESTIMATED 4.733 MILLION DOLLAR PROJECT.
THE SECOND AGREEMENT IS FOR THE LAIR ROAD BRIDGE CONSTRUCTION TAKING PLACE IN GOMSRUD PARK. THE CITY WILL AGREE TO FINANCE ANY COST IN EXCESS OF THE STATE GRANT TOTAL OF 1.113 MILLION DOLLARS. THE GRANT AMOUNT IS FOR BRIDGE CONSTRUCTION ONLY AND DOES NOT COVER WORK ON THE CHANNEL, LAIR ROAD OR GOMSRUD PARK.
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ROD HALVORSEN
© 2010 KSUM.
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