HomeMy WebLinkAboutMINUTES Public Works Committee 1978-09-22BRADFORD PUBLISHING CO., DENVER
RECORD OF PROCEEDINGS
Public Works Committee
d September 22, 1978
Committee: Chairman Dannels, Trustees Houston and Wagner
Attending: All
Also Attending: Town Administrator Hill, Public Works Director Widmer
STANLEY VILLAGE PARKING COMPT,RX:
W. 0. Myers, Bill Van Horn, and Roger Thorp appeared before the Com-
mittee to further discuss the off-street parking proposal in which
the Town would purchase the land for underground parking and allow
Mr. Myers to retain the air space rights of the Stanley Village Complex.
Mr. Myers proposed selling the Town 152 underground parking spaces at
an estimated maximum price of $4,000 per space. This estimate includes
the land and all construction costs for developing the parking. He
also stated that he was flexible regarding the terms of payment and
would accept a 20 - 25 year payout schedule.
The Committee suggested another cost estimate be calculated using the
total cost of developing all of the parking (above ground and under-
ground) and dividing by the total number of parking spaces.
Mr. Myers agreed to recalculate the estimate accordingly and will sub-
mit a more detailed estimate.
The Committee agreed to research further a possible payment schedule
and to notify Mr. Myers of a final decision within thirty days.
EAST RIVERSIDE DRIVE BRIDGE:
The State Highway Department opened the bids for the construction of
the East Riverside Drive Bridge on September 21st and the contract
was awarded to low bidder Flatiron Paving Company. The following is
a breakdown of the bridge costs according to budget years:
1978 - 35%
1979 - 65%
Federal Share
$ 54,780
$ 101,730
$ 156,510
Town Share
$ 24,040
$ 44,674
$ 68,687
Total
$78,820
$ 146,377
$ 225, 197
+ 4,275 (waterline)
$ 229, 197
OFF-STREET PARKING PURCHASES:
The Committee reviewed and discussed at great length several property
sale proposals and various off-street parking alternatives.
There being no further business, the meeting adjourned.
Joa Van Horn, Town Clerk
SEP 20 19793