more to make our community look good. Brand purposed PRL, Fountain Square, and Midwest Metal TIFs to be used. Greene noted she sees the benefit but noted the body has given a significant amount to County Highway. Henry moved to approve purchase of MowerMax Machine. Brand seconded. Motion carried; 4-1 decision by roll call vote #3. Greene voted no.
Thomas noted that both the Cowan and Gaston Sidewalk projects are currently in the property acquisition stage. For the Cowan Sidewalk project, there are currently no established letting dates or construction schedule for the project. There is a right-of-way issue at the north end of the project. Brand suggested that if the land owner remains opposed, ending the sidewalk at the west side of the property to allow the rest of the project to move forward without delay should be considered. Potential letting dates and construction schedules for the Gaston Sidewalk project are moving forward.
Caravaglia stated that the appraisal for the property was conducted by Roger Miller of RPM Asset Valuation Services with a price established for each individual parcel and a value for both parcels combined. Parcel #1 (3.93 net acres) was valued at $510,000. Parcel #2 (3.5 net acres) was valued at $385,000. The total combined (7.43 acres) was valued at $850,000. Based on the figures provided, the estimated price per acre is $114,401.07. The Commission’s records indicate in 2012 the property was 8.33 areas valued for $166,600. Wiggerly suggested the appraiser may have taken some liberties in reducing the acreage and value understanding there are access issues on one of the parcels. Wiggerly stated it could enhance the overall value to the right buyer. No official action was taken by the Commission.
Struble stated this is for the successful bidder for the Park One Second Entrance. The bid totaled $2,747,000. The resolution identifies the TIF funds that will be used for the project. ARP funds will also be utilized; however, the team is working to finalize the exact amount and will update the board. Brand noted that he spoke with 3D Company a few weeks ago and noted the lighting poles are on backorder. Brand emphasized the importance of keeping this project on a timely schedule because ARP funds must be spent by December 31st of this year. Greene stated in the meeting there was a major sewer issue not identified by American Structurepoint. Henry moved to approve. Brand seconded. Motion carried; unanimous approval by roll call vote #4.
Struble stated it was requested she amend the prior resolution regarding the 911 equipment and add in that the remaining excess of the 911 budget funds be transferred over so that it is applied to TIF to offset the expense of from Council. Brand asked that the words “each