COLDWATER, MI (WTVB) – The awarding of a bid for improvements at Rotary Park is on Monday’s Coldwater City Council agenda.
City Manager Keith Baker says in his memo to the Council two bids were submitted and that Parrish Excavating of Quincy was the apparent responsible low bidder in the amount of $1,730,866.
The primary part of the project is the installation of a new concrete boat
launch along with public restrooms, parking areas, a boat wash and the demolition of a building.
A fishing area, parking on the north side of U.S. 12 and a new concrete plaza to display the military service “Gathering of Flags” memorials in Oak Grove Cemetery were also included in the bid process.
Baker says the project is proposed to be funded using the City’s accumulated State cannabis tax revenues which are held in the City’s Capital Improvement Fund. The fund is separate from the City’s General Fund and is used for various infrastructure projects as property is developed.
The fund currently has just over $1 million in cannabis tax revenues and Baker says another $650,000 to $750,000 in additional cannabis tax revenues is anticipated from the State of Michigan in March.
In addition to the Parrish bid, the City has already committed $162,000 towards the purchase of the prefabricated restroom building that is on order.
Given the difference between available and anticipated cannabis revenue and the total cost of the project as it was bid, Baker is recommending the proposed fishing access on the north side of U.S. 12 be removed to reduce the total amount by over $148,000.
It’s also anticipated there could be another $30,000 to $50,000 in cost savings for the project.
Comments