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Optional 1 percent tax now generating about $170,000 per month
Feb 24, 2014 - By Alejandra Silva, Staff Writer
With money rolling in for the City of Riverton from the optional 1 percent sales tax, the city council approved advertising for bid schedules 1 and 2 as part of the Miscellaneous Concrete Repair Project.
About $967,000 is available to pay for concrete work that would benefit the sub-grade below the street and allow it to last longer. The schedule recommendation was given by the Fix Our Roads Citizens Committee after they sorted out a list that included crack sealing, spot repairs, overlays and reconstruction.
Inberg Miller Engineers contracted with FORCC and performed cost estimates.
The work was divided by traffic count. Schedule1 consists of roads with traffic count of more than 3,000 per day. Schedule 2 counts 1,000 to 3,000 vehicles per day. The remaining roads fall under Schedule 3.
Schedules 1 and 2 were intended to be advertised last year, but money from the 1 percent sales tax had not been received.
On average, the tax is now generating about $170,000 per month.
Other projects have already used revenue of the tax and city staff confirmed approximately $967,000 is left for this project. Engineers estimated a cost of roughly $920,000.