Committee recommends $1M paving program; Annual repaving to cover 13.5 lane miles

0

By Sam Wildow

[email protected]

TROY — This week, the Troy City Council’s Streets and Sidewalks Committee recommended moving forward with authorizing the city to seek bids for the city’s 2022 Paving Program.

The committee provided a positive recommendation to move foward with authorizing Director of Public Service and Safety Patrick Titterington to advertise for bids and enter into a contract for the 2022 Paving Program. The cost of the program is not to exceed $1,010,000.

Titterington explained the city budgeted $1 million for the annual program, as well as an additional $10,000 for repaving a section of Riverside Drive

The 2022 Paving Program will cover approximately 13.5 lane miles of streets. Titterington said every year varies due to the kind of work that needs to be done, adding this amount is consistent or slightly less than what the typically does in a year.

“We also anticipate that inflation may hit us a little bit this year,” Titterington said. He added that the city did a comprehensive pavement assessment in 2019.

“We coordinate the list of roads and the timing of repairs with our capital improvement projects, as well as, we are in close communication with the outside utilities, such as Centerpoint and AES,” Titterington said.

Chair person Bobby Phillips said this program is a routine item for the city.

The following streets are proposed as part of the annual paving program throughout the city:

• Barnhart Road from West Market Street to Fenner Road, 0.35 lane miles

• East Canal Street from Floral Avenue to South Market Street, 1.57 lane miles

• South Cherry Street, from West Main Street to West Canal Street, 0.31 lane miles

• Colonial Drive from Skylark Drive to Lee Road, 0.11 lane miles

• Counts Street from Martin Street to Race Street, 0.19 lane miles

• Dellwood Drive from Miami Street to dead end, 0.44 lane miles

• Edison Avenue from Lee Road to Stonyridge Avenue, 0.28 lane miles

• Ellis Street from East Franklin Street to Race Street, 0.58 lane miles

• Fernwood Drive from Ohio Avenue to Meadow Lane, 0.46 lane miles

• Glendale Drive from Meadow Lane to Meadow Lane, 0.82 lane miles

• Ironwood Drive from Greenfield Drive to Meadow Lane, 0.19 lane miles

• Jani Court from the cul-de-sac to Premwood Drive, 0.09 lane miles

• Kent Lane from Penn Road to Penn Road, 0.27 lane miles

• Kirk Lane from North Market Street to Dellwood Drive, 0.47 lane miles

• Long Street from East Race Street to Ellis Street, 0.35 lane miles

• Martin Street from Oak Street to dead end, 0.20 lane miles

• Meadow Lane from East Staunton Road to Miami Street, 0.87 lane miles

• Oak Street from East Main Street to dead end, 0.63 lane miles

• Ohio Street from Miami Street to East Staunton Road, 0.75 lane miles

• Penn Road from West Main Street to McKaig Avenue, 0.70 lane miles

• Premwood Drive from Peters Road to cul-de-sac, 0.50 lane miles

• Race Street from South Crawford Street to South Mulberry Street, 0.84 lane miles

• Scott Street from Ellis Street to Oak Street, 0.45 lane miles

• Skylark Drive from East Staunton Road to Stonyridge Avenue, 1.53 lane miles

• Williams Street from West Main Street to Race Street, 0.69 lane miles.

Also this week, the City Council’s Finance Committee gave a positive recommendation that the council approve revisions to the Small Business Development Revolving Loan Fund Guidelines to update and clarify criteria, as well as provide consistency to applicants of the program. The Loan Review Committee also recommended these changes.

Titterington said the Troy City Council created this program in 2007, and there have not been any significant modifications since then.

“We were tasked last year with updating the criteria that we were using, trying to bring some clarity and some consistency,” Titterington said.

The guidelines set the interest rates for any loan lasting under 10 years as being half a percent below whatever the current prime rate is at that time. Interest rates for loans that will last between 10 and 15 years will be set at the prime rate at that time, and interest rates for loans over 15 years would be the prime rate plus 1%.

The prime rate would be documented at the time each application is submitted. The minimum loan amount would be $25,000, loan terms would not exceed 20 years, and each loan needs to help at least one job to be created.

“These are guidelines,” Titterington said. He said these guidelines show applicants what criteria they should expect unless the applicant has a specific need, at which point the city would approach the council for approval of alterations to those guidelines for that specific applicant.

“We would expect at least 10% of the requested loan amount be provided by the applicants in the form of some other financing or equity,” Titterington said. The applicant would also have to agree to automatic repayments “to ease the administrative burden.”

Titterington added the city auditor is in agreement with the revisions.

Next, the City Council’s Recreation and Parks Committee recommended authorizing Titterington to advertise for bids and enter into a contract for a new Park Maintenance Building at a cost not to exceed $325,000.

Titterington said this is a budgeted expenditure, adding that a large portion of those funds were received from the sale of property on the north side of Duke Park. The new building will be approximately 7,200 square feet with space for vehicle maintenance and an employee office. It will be located at Duke Park, and this new building will also replace the maintenance building in the parking lot of Hobart Arena.

“The arena would like to use that as supplemental storage,” Titterington said.

These items have not yet been approved by the full Troy City Council. The next meeting of the City Council will be 7 p.m. on Tuesday, Feb. 22, in council chambers on the second floor of City Hall, 100 S. Market Street. The meeting is being held on a Tuesday instead of its regular Monday time due the Presidents Day holiday on Feb. 21.

No posts to display