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Work begins on 425th Ave; county explores funding for 215th St as mastic estimate exceeds budget
Summary
Highway work has started on 425th Ave. County financial advisor said TIF revenue, Riverview donations and RPP funds could cover a bond; an engineering estimate is needed before committing to 215th St. Separately, a $222,750 mastic estimate for 9.4 miles of 441st Ave exceeded the $150,000 budget and no action was taken.
Kingsbury County Highway Superintendent Dave Sorenson reported that work has begun on 425th Avenue. During the meeting, Toby Morris of Colliers Securities told the board three income sourcesTIF revenue, Riverview donations and RPP moneyare available to pay the county's current bond and that lower-than-expected costs on the 425th Ave project could leave funds available for the 215th Street project, but Morris said he needed engineer-provided numbers before confirming whether the 215th St. work could proceed.
Sorenson also presented an estimate to apply mastic on 9.4 miles of 441st Ave (Hwy 14 to 218th St.) for $222,750.00 and noted the estimate is higher than the $150,000 he had budgeted; the board took no action on the mastic estimate pending further review. No formal motion to authorize work on 215th St. was recorded; staff said engineer numbers are required before a decision.
The minutes record the start of 425th Ave work, a funding discussion for 215th St., a high mastic estimate that exceeded the budgeted amount, and that staff will provide engineer estimates for further board consideration.
