The Garner City Council met Tuesday night to approve a $2.5 million loan for the State Street reconstruction project approved by the city council in December of last year.
The city council approved these loans with two local banks, Reliance State Bank and Clear Lake Bank and Trust.
“I like the fact that we’re staying local (for the loan),” said Tim Schmidt of the Garner City Council.
The State Street reconstruction project is still in the early stages of development, but the plan is to improve the soil underneath the road, improving the quality and longevity of the road above it. They also plan on replacing bad water mains, sewer mains and storm sewer infrastructure, and if they stay within budget, they also hope to replace the street lights.
City Administrator Adam Kofoed said the need to replace the soil underneath the road is to help the longevity of the street, so they don’t have to work on the road every year or two.
“What we found with the soil testing is that there is a lot of poor soil and crushed concrete that is being used as the base for that road,” Kofoed said. “There’s a lot of dirt work that needs to be done to make a cost-effective road.”
The section of State Street that will undergo reconstruction is between Lyons Street and Tenth Street, a few blocks south of the Garner City Hall.
Kofoed hopes to have the engineer’s total cost estimate in the coming months, with neighborhood meetings for those who will be impacted by the project coming shortly after.
The city has yet to accept a bid for the construction contract for the project but will be looking to do so sometime in the fall, according to Kofoed.
The State Street reconstruction project is aiming to begin construction next spring. The $2.5 million loan will be paid back over the next 50 years, with the first payment not scheduled until construction begins next year.
Zachary Dupont covers politics and business development for the Globe Gazette. You can reach him at 641-421-0533 or firstname.lastname@example.org. Follow Zachary on Twitter at @ZachNDupont