Franklin Aldermen Agenda 03-19-2012
The Franklin Town Board of aldermen met briefly this afternoon to pass a resolution accepting a loan offer of $5,350,300 and an ordinance adopting a capital project fund for the capital improvements at the Wastewater treatment plant, Phase II.
The amounts appropriated for the project are as follows:
Line Item $ Amount Construction $5,496,000 Contingency $274,800 Preliminary Engineering & Design $382,800 Construction Administration $166,700 Legal $30,000 Loan Closing Fee $107,006 TOTAL $6,457,306
The following revenues are anticipated to be available to complete this project:
Revenue Source Amount State Revolving Fund $5,350,300 Rural Center Grant $1,000,000 Local Funds $107,000 TOTAL $6,457,306
The Aldermen will be meeting at the Town Hall on Saturday at 8:30am until 11:00am for a retreat to discuss plans for the coming year. I will not be attending this meeting.
The next regular meeting of the Franklin Aldermen is on April 2, 2012.
Note: Barbara McRae, representing the Franklin Press and myself, representing this blog, were the only people present in the audience for this meeting.