Project Responsibility: Springfield Township Construction Estimate: $1,052,865 Property Assessment per Parcel: $34.02 per year for 10 years Project Location: Ranchill Drive, Montoro Drive, Pacora Drive Scope of Project: This project is an extensive rehabilitation of 3 streets inside Ranchill Estates subdivision. Construction will include the installation of new concrete curb, repairs to storm sewers as well as catch basins, significant full depth repairs to concrete sub-grade, removal of existing asphalt which will allow for resurfacing with 2 ½ inches of new blacktop. Funding Sources:
State Capital Improvement Grant = $526,432.50
Township Road Levy = $480,525.75
Property Assessment = $45,906.75 (after 10 years of collections, $32.01 per property/year for 10 years)
Status: The Township was recently notified by the State Capital Improvement Program that we will be awarded over $526,000 in grant funding to complete this project. 50% of the funding will be received on July 1st, 2017 with the remaining 50% being awarded on July 1st, 2018.
This project will go out to bid in late fall, 2017.