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Finance Committee moves $318K to three bridge projects, creates Red Spring Run capital project
Summary
Steuben County authorized a $318,000 transfer from Bridge Unassigned funds to three bridge projects, created a Red Spring Run Road Bridge capital project, and appropriated $1.29M from the Road Fund balance for the FEMA-backed replacement.
The Finance Committee approved transferring $318,000 from the Bridge Unassigned account and allocating $130,000 to CR74 Five Mile Creek, $130,000 to Magee Road, and $58,000 to CR21 over Spaulding. The motion passed 4-0.
Committee members also authorized creating a new capital project for the Red Spring Run Road Bridge replacement under FEMA and appropriated $1,291,834.44 from the Road Fund balance into that capital project. Robert Nichols moved the creation and appropriation; William Thew seconded and the committee approved unanimously.
During discussion Mr. Thew asked whether projects are likely to run over budget because of fuel price increases; staff replied that FEMA classifies large projects and will cover costs above the threshold, subject to the county's share rules. Resolutions will be prepared for Legislative consideration.
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