City Approves $20M Bond Issue For Enterprise South
Written by Gary PooleNovember 4, 2009 – 1:04 am
As part of the preparation for the new Volkswagen plant, the City Council approved the sale on up to $20 million in bonds to pay for all the necessary infrastructure to support the new facility.
The money will be used, among other things, to build new roads, a welcome center, several new railway lines, an electric transformer station, wastewater, water and stormwater drainage, and even replacing the bridge on Hickory Valley Road.
Certain other Public Works projects would be included in the project, including paying for general government, public works, fire department, information services, road improvements (Goodwin Drive), fire service expansion, land for new stations, apparatus for new stations, furnishings for new stations, fire hydrants, mesh network for information services, and an ESIP traffic study intersection improvements.
However, a resolution to enter into a contract with Bradanna Construction Company to build a new fire station at Enterprise South was deferred for a week at the request of Fire Chief Randy Parker.
The new fire station will cost an estimated $1.9 million.
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