News

Work continues on New London's Pine St. subdivision

NEW LONDON — Work on the S. Pine. St. subdivision is slowly progressing as the council reviewed a map with the potential layout.

At Tuesday night’s meeting, the council discussed the proposed drawings, specifications and contract details provided by City Engineer Matt Walker. Walker approached the council with a map of the subdivision and a potential lay out for what he deemed as phase one of the plan.

The council has decided to split the plan into phases because TIF (tax increment financing) dollars are being used. The TIF money must be paid back within 15 years and the council fears that they if they build an entire subdivision at once, they will not be able to pay the money back within the allotted time period.

Phase one of the plan includes seven lots. Walker did not provide cost estimates for the project. The council asked him to return to the next meeting with those numbers before they chose to make a decision. “I’d like to know the money before I make a decision,” Miller commented. The council will look at this once more at the next meeting.

Moving forward with grading on the Pine St. subidvidsion, the counci reviewed five bids. The bids are as follows:

DeLong Construction Inc. of Washington: $90,836.55

Fye Excavation Inc. of Sperry: $86,158.75

Drish Construction Inc. of Fairfield: $219, 297.00

Cole Construction Co Inc. of Keosauqua: $108, 586.90

Cornerstone Excevating of Washington: $96, 953.95

Four Seasons Excavation of Burlington: $84, 875.25

A typo on the agenda prevented the council from approving a bid, but a special session will be held on Thursday, Oct. 4 at 7:30 a.m. in City Hall to approve the lowest bid to Four Seasons Excevating.

In other construction news, Walker explained to the council that the Elm/Cleveland St. construction project, a new storm sewer drain, was nearing completion. Rock was expected to be laid Wednesday with the concrete being poured next week.

The next meeting of the New London City Council will be Monday, Nov. 5 at 6 p.m. in the community center.