HomeMy WebLinkAboutTB 2022-146 Adopt Ridgecrest Road Water Improvements Project cost increaseMEETING OF THE ITHACA TOWN BOARD
September 26, 20224:30p.m.
215 N. Tioga St., Ithaca, NY, Tompkins County
TB Resolution 2022–146: Order Increasing the Maximum Amount to be Expended for the Town of IthacaRidgecrest RoadWater Improvements Projectfrom $1,096,365 to $1,261,700, with the Entire
Project Funded by Grants-in-Aid
Present: Rod Howe, Supervisor; Members Rich DePaolo, Eric Levine, Bill Goodman, Rob Rosen and Margaret Johnson
Moved: Rod Howe Seconded: Rich DePaolo
Whereas, on March 14,2022, the Ithaca Town Board held a public hearing and subsequently adopted a Public Interest Order authorizing the Ridgecrest Road water improvements project (the
“Improvement”) and the establishment of the Ridgecrest Road Water Improvement Area (“Water Improvement Area”), through TB Resolution 2022-031; and
Whereas, the notice of public hearing stated that the initially determined maximum estimated cost to said Water Improvement Area was $1,096,365, and the adopted Public Interest Order
stated that the maximum amount proposed to be expended by the Town of Ithaca for the Improvement is $1,096,365; and
Whereas, because of anticipated increased material and construction costs in 2022, the Town Engineer has prepared a new estimate of cost in a memo that amends the map, plan and report
for the Improvement by increasing the maximum estimated cost to the Water Improvement Area from$1,096,365 to $1,261,700; and
Whereas, TB Resolution 2022-031 states the method of financing the Improvement would be by the issuance of serial bonds issued by the Town; the Town has now determined that grants-in-aid
are sufficient to fund the entire Improvement; and
Whereas, no other changes are proposed to any aspect of the Improvement or Water Improvement Area, and
Whereas the Town Board now desires to authorize the increase in the maximum amount to be expended on the Improvement in the maximum amount to be expended by the Town of Ithaca from $1,096,365
to $1,261,700,with funding for the entire Improvement to come from grants-in-aid; now, therefore, be it
Resolved, that the Town Board of the Town of Ithaca, Tompkins County, New York, does hereby authorize the increase in the maximum amount to be expended by the Town of Ithaca from $1,096,365
to $1,261,700,with funding for the entire Improvement to come from grants-in-aid.
The question of the adoption of the foregoing order was duly put to a vote on roll call, which resulted as follows:Rod Howe, aye; Rich DePaolo, aye; Eric Levine, aye; Bill Goodman, aye;
Rob Rosen, aye and Margaret Johnson, aye.
The order was thereupon declared duly adopted.