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McKenzie to Accept Bids on University Drive Paving Project

Posted 10/10/18

McKENZIE (October 2) — In a special called meeting, the McKenzie City Council voted in favor of accepting bids for a paving project focused on resurfacing University Drive. Public Works …

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McKenzie to Accept Bids on University Drive Paving Project

Posted

McKENZIE (October 2) — In a special called meeting, the McKenzie City Council voted in favor of accepting bids for a paving project focused on resurfacing University Drive.

Public Works Director Johnny Mercer stated the project would take approximately 2600 tons of asphalt. This would including leveling and applying a two-inch layer to the 7,900-foot long roadway. At an estimated asphalt cost at $94 a ton, the road work including labor would cost the city around $340,000.

Mercer added that he would request bids to be by the ton, not the completed job. Any asphalt remaining after the completion of the project would be applied to city streets in need of repairs and patching.

Mayor Jill Holland recommended the council approve pursuing a five-year 3.875 percent bond through the Tennessee Municipal Bond Fund to pay for University Drive repairs.

The bond would cost the city $40,480.20 in interest totaling the expense to $380,480.20 over the five-year term.

Councilman Jason Martin made the motion to move forward on the bond and open bids for the project. Following a second by Councilman Randy Callahan, the council unanimously voted in favor of the motion.

In other business, the council was informed by the mayor that they needed to bringing the budget back for approval due to a transposed number, which had not affected the bottom line number. Jennifer Waldrup explained that when typing the condensed revenue/expense page to send to the State of Tennessee, a revenue figure was incorrectly typed. After speaking with her liaison at the State, he indicated it would be better to bring it back before the council before submission.

The council unanimously voted for the correct budget following a motion by Vice-Mayor Hale and a second by Councilman Martin.

All council was present for the meeting except Councilpersons Cassie Allen and Jessie Townes.

The next regular meeting of the McKenzie City Board of Mayor and Council is October 11 at 6 p.m. at the McKenzie Municipal Building.

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