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Taxes
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came in well over what the town could alibi'd within the $4 million loan amount.
The original bid amount tor the collection system was $1.72 million with the second round low plant bid coming in at $2.40 million ibr a total of $4.1$ million or about $200,000 over the $4 million DEQ loan amount. Tbwn officials have been working with the engineering tirm appointed to lead the project - WW Associates of Charlottesville - to identify mure potential cuts in the project.
Items from the original bids were cut so that the two bid totals would be within the $4 million loan amount, however, some of the items cut will nonetheless have to be paid tor in the future. Hor instance, $300,000 was removed from the collection system bid Ibr paving in order to bring the two loan
36.6%