Logan Extension Includes Significant Sewer Work
July 28, 2016 at 4:25 p.m.
Warsaw City Council took a preliminary step toward financing a major road project that would reduce congestion on Ind. 15S.
Logan Street extension, a half-mile stretch that would connect the street with Rozella Road and cost more than $2 million, could begin next year if no unexpected road blocks show up.
The proposal is considered a state project and will depend greatly on federal funds. Eighty percent of engineering and construction costs will be paid with federal funds, and the city's share is expected to be $492,000.
On Monday, city council took the first step toward seeking a general obligation bond for $1.5 million that includes enough money to extend sewer service to the southwest part of the city.
Consultants who prepared the proposal said the $1.5 million figure was higher than needed and was targeted for cautionary reasons so that enough will be secured for the projects.
Mayor Ernie Wiggins said a cost estimate is needed on the sewer work before a final dollar figure can be determined, but said he believes the figure will be $1 million.
If that's the case, the impact on the city tax rate would be about six or seven cents per $100 of assessed value. If the city sought the entire $1.5 million - which is not expected - it would bring with it a 10-cent impact.
The city hopes to win approval for the bond issue from the state Board of Tax Commissioners by early August, and will then seek to sell the bonds to local banks.
Preliminary plans call for annual payments by the city of $200,000.
When completed, the new road will provide better access to the Warsaw school campus, including the high school.
"It will pull a lot of traffic off 15 that wants to go west," said city planner Jeff Noffsinger.
The road will include a bridge that crosses Eagle Creek.
The project was first proposed about five years ago, but slowed down as the city worked with neighbors along Logan Street and further to the south who would be affected.
Land acquisition should be completed by this summer, Noffsinger said.
In addition to the $492,000 in construction, other outside costs would include engineering and land acquisition.
Nearly $100,000 in engineering fees is being paid by the state, officials said.
Costs associated with the sewer work are roughly $500,000.
The sewer project involves construction of a sewer interceptor designed to carry heavy loads for areas on the south side of the city.
One area that would receive immediate attention is Shady Crest, a part of the city lacking sewer service.
Wiggins and public works superintendent Kim Leake both said sewer service would be extended to Shady Crest as soon as possible once the project is complete.
If a second treatment plant is constructed on the city's north side, the existing plant would be used to provide more service to the southern part of the city, Leake said.
Council heard reports from two consultants, Baker and Daniels, an Indianapolis law firm that specializes in bond issues, and Umbaugh and Associates, a Plymouth accounting firm. [[In-content Ad]]
Warsaw City Council took a preliminary step toward financing a major road project that would reduce congestion on Ind. 15S.
Logan Street extension, a half-mile stretch that would connect the street with Rozella Road and cost more than $2 million, could begin next year if no unexpected road blocks show up.
The proposal is considered a state project and will depend greatly on federal funds. Eighty percent of engineering and construction costs will be paid with federal funds, and the city's share is expected to be $492,000.
On Monday, city council took the first step toward seeking a general obligation bond for $1.5 million that includes enough money to extend sewer service to the southwest part of the city.
Consultants who prepared the proposal said the $1.5 million figure was higher than needed and was targeted for cautionary reasons so that enough will be secured for the projects.
Mayor Ernie Wiggins said a cost estimate is needed on the sewer work before a final dollar figure can be determined, but said he believes the figure will be $1 million.
If that's the case, the impact on the city tax rate would be about six or seven cents per $100 of assessed value. If the city sought the entire $1.5 million - which is not expected - it would bring with it a 10-cent impact.
The city hopes to win approval for the bond issue from the state Board of Tax Commissioners by early August, and will then seek to sell the bonds to local banks.
Preliminary plans call for annual payments by the city of $200,000.
When completed, the new road will provide better access to the Warsaw school campus, including the high school.
"It will pull a lot of traffic off 15 that wants to go west," said city planner Jeff Noffsinger.
The road will include a bridge that crosses Eagle Creek.
The project was first proposed about five years ago, but slowed down as the city worked with neighbors along Logan Street and further to the south who would be affected.
Land acquisition should be completed by this summer, Noffsinger said.
In addition to the $492,000 in construction, other outside costs would include engineering and land acquisition.
Nearly $100,000 in engineering fees is being paid by the state, officials said.
Costs associated with the sewer work are roughly $500,000.
The sewer project involves construction of a sewer interceptor designed to carry heavy loads for areas on the south side of the city.
One area that would receive immediate attention is Shady Crest, a part of the city lacking sewer service.
Wiggins and public works superintendent Kim Leake both said sewer service would be extended to Shady Crest as soon as possible once the project is complete.
If a second treatment plant is constructed on the city's north side, the existing plant would be used to provide more service to the southern part of the city, Leake said.
Council heard reports from two consultants, Baker and Daniels, an Indianapolis law firm that specializes in bond issues, and Umbaugh and Associates, a Plymouth accounting firm. [[In-content Ad]]