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Council hears cost estimate and lease options for downtown parking lot; discussion of phasing and bond funds
Summary
Engineer's conceptual estimate for a 55‑space downtown parking lot is $90,740; council discussed gravel vs. chip seal/asphalt, potential donor grading, lease length, phasing the project, and options to repurpose leftover bond funds to help pay for it.
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Staff (S2) presented a conceptual plan for a 55‑space parking lot near downtown and gave a construction estimate including contingency and lighting of $90,740. "Our conceptual estimate is putting that with contingency engineering at $90,740," S2 told the council. The plan included required ADA spaces, three site lights, and a five‑year maintenance estimate of about $17,300.
Councilors and business owners debated whether to build gravel initially (roughly $13,500 estimated for a gravel base) and later complete chip seal or asphalt, or budget for the full project. Several members suggested phasing construction (e.g., an initial 30‑space phase) to spread costs across budget cycles. The council also asked the bonding attorney whether leftover Division Street bond funds (roughly $346,000 remaining in discussion) could be repurposed and voted to send that question to the bonding attorney for review.

