Warsaw Redevelopment Commission approved a traffic signal being installed at the intersection of Ind. 15 and CR 300N during its meeting Monday.
Warsaw will pay $50,000 for the project as well as ongoing electrical costs for the traffic signal.
Da-Lite Screens will pay $33,000 for the project and donate any right of way on the Da-Lite Screen property required for installation of the traffic signal.
Thompson-Thrift will pay the balance of the cost to design and construct the traffic signal.
The cost to the developer is currently estimated at $67,000 based upon a total cost of $150,000 for the design and construction of the traffic signal.
In consideration of Warsaw agreeing to pay the ongoing electrical costs associated with the traffic signal, the developer agrees to pay the city $1,200 for the cost of electricity for the traffic signal for the first 10 years.
Indiana Department of Transportation will pay for the ongoing maintenance of the traffic signal.
The signal will be installed once an engineering study is complete, according to Jeremy Planner, city planner.
In other business, the commission reviewed three demolition quotes for a home at 415 Cook St. owned by Jeanine Kinsey, who lives at 3419 E. Pleasant Grove Drive, Warsaw.
The Cook Street home is vacant and unsecured, Skinner said.
The commission approved the home be demolished by Gawthrop Excavating for $4,350.
The commission approved a $10,464 demolition quote from G & G Hauling for a demolition of a home at 308 S. Buffalo St. and a $13,239 demolition quote by G & G Hauling for a demolition of an apartment at 302 S. Buffalo St. The funds to demolish the properties will come out of the redevelopment general budget.
There have been complaints on the aesthetics of the house and apartment, Skinner said.
Warsaw Mayor Joe Thallemer said once the home and apartment are demolished, there could be parking options and capabilities for developments at the Buffalo Street properties.
The commission approved a $185,990.78 payment to Harold McComb & Son, Fort Wayne, for work completed on the new city hall. The new city hall is projected to open the end of October, Skinner said.
The commission approved Century Link obtaining an easement to install a fiber optic line along the railroad tracks close to the Gatke Property on the north side of Winona Avenue. Century Link will pay the redevelopment commission $2,500 for the easement.
There will be fencing to protect the area, Skinner said.
