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Council approves $8,067.50 payment to settle Parcel 7 for Trumbull Drive bridge project
Summary
The council approved payment of $8,067.50 to Sterling Investments LP to acquire a fee simple and temporary construction easement for Parcel 7 of the Trumbull Drive Bridge project; staff said the cost is part of the total project expenses and eligible costs may be reimbursed after grant awards.
Council members approved payment of $8,067.50 to Sterling Investments LP to resolve acquisition of Parcel 7 for the Trumbull Drive Bridge project.
A staff member explained that Keystone Acquisitions negotiated the settlement to avoid condemnation and that the agreement was reached on Jan. 5 with 90 days for payment administration. The borough's engineer and consultants explained that such acquisition and temporary easement costs are part of the overall project cost and may be reimbursable to the borough once federal or state grant awards are finalized.
Council members asked whether this payment would be supported by grant funds or require the borough to front the cost. The engineer said the payment is part of the total project cost and that eligible reimbursements would come back into the appropriate municipal fund after an award is made.
The council discussed that GFT (formerly Gannett Fleming) is the prime consultant on the Trumbull Drive Bridge project and that Keystone Acquisition is a subconsultant that negotiated this settlement.
After brief discussion and clarification from the engineer, a motion to approve payment was made, seconded and passed by voice vote.
