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HomeMy WebLinkAboutWD-51-87 I TOWN OF NEWCASTLE REPORT File # Res. #.a / By-Law # i MEETING: THE GENERAL PURPOSE AND ADMINISTRATION COMMITTEE DATE: JULY 20, 1987. REPORT #: WD-51-87 FILE #: SUBJECT: PRESTONUALE ROAD RECOMMENDATIONS: It is respectfully recommended: 1 . That Prestonvale Road be reconstructed from Phair Avenue to Highway 2 in conjunction with the White Cliffe Development construction; and, 2. That the Town' s share of the reconstruction cost be funded from Public Works Lot Levies. i . . .2 Ceb) Page Report No. WD-5I-87 REPORT: A condition of the subdivision agreement with Betty Jo King and Archie Earl King for the WHite Cliffe Development west of Prestonvale Road is that the developer contribute to the cost of reconstruction of Prestonvale Road to urban standard and, Phair Avenue to Highway 2. The estimated value of the Town' s share of the construction cost is $38,000.00. This price is very competitive and is based on prices established by the developer with several millions of dollars of works involved internally in the White Cliffe subdivision. It is recommended that the Town take advantage of this volume pricing and request the developer to proceed with the works in conjunction with their works in the subdivision and that the Town' s share of the costs be funded from Public Works Lot Levies. Respectfully submitted, Recommended for presentation to the Committee, Gordon J. Ough, P. Eng., Lawrence Kotseff, Director of Public Works. Chief Administrative Officer. GJO:jco fl C_ THE CORPORATION OF THE TOWN OF NEWCASTLE REQUEST FOR CAPITAL PROJECT APPROVAL PROJECT DESCRIPTION AND LOCATION RECONSTRUCTION OF PRESTONVALE ROAD FROM PHAIR AVENUE TO HIGHWAY #2 PUBLIC WORKS SEPTEMBER 1987 OCTOBER 1987 ORIGINATING DEPARTMENT ESTIMATED STARTING DATE ESTIMATED COMPLETION DATE DEPARTMENT HEAD REPORT SEE REPORT WD`'51--87 APPROVED BUDGET ESIMATE $ N/A PRESENT ESTIMATE $ 38,000.00 DEPARTMENT APPROVAL July 13, 1987 Sir ature Date G.J. Ough, P. Eng. TREASURER'S REPORT I hereby certify that the financing source proposed in Report WD-51-87 is valid and that funds in the amount of $38,000.00 will be made available from the Public Works Lot Levy Accounts. 17 July 15, 1987 Treasurer's Approval Date