PARKERSBURG – Parkersburg City Council will vote on Tuesday at first reading on an ordinance authorizing the sale of the memorial bridge to a private institution.
The council will also review the budgets of the Community Development Block Grant 2021-22 and the HOME Consortium of Parkersburg-Wood County at the 7:30 p.m. session. A public hearing on the federal funding plans is scheduled for 6:30 p.m.
Documents were released last week in support of United Bridge Partners’ proposal to buy and modernize Memorial Bridge as part of an estimated $ 50 million rehabilitation project, and company officials stopped at a meeting of the whole committee on Jan. April a presentation to the council members.
If the offer is approved by the council, UBP will pay the city $ 4 million, waive approximately $ 15 million the city allocated to the structure, and own and operate the toll bridge. During the rehabilitation process, which is expected to last through October 2023, tolls would not increase and those liable for tolls will continue to be employed in the city.
Once the refurbishment project – including the complete replacement of the deck surface, structural and cosmetic upgrade of all concrete and steel components, and new lighting – is complete, tolls will be collected electronically without vehicles having to stop.
The sale and subsequent tolls are not subject to approval by the West Virginia Public Service Commission, as previously reported. This was based on the proposal put to the council before legislators passed laws to make sales easier.
It contained a provision that the PSC is only responsible for private toll bridges that are more than 8 km from a free bridge that crosses the same body of water. Due to the proximity of the Belpre Bridge, the Memorial Bridge would not fall into this category.
The CDBG budget of $ 897,015 includes $ 278,548 to pay out the loan for improvements to Point Park, $ 135,000 for the Community Oriented Police Enforcement Program, $ 100,000 for a market street improvement project, and $ 86,546 for upgrade and the replacement of street lights in the Ninth to 19th Street market and $ 52,756 for the loan to build the new Fire Station at 2 16th and Covert Streets.
The city administers the HOME Consortium for the counties of Vienna and Williamstown. This year’s budget includes $ 325,911 for the Affordable Housing Leverage Program, which allows owners of rental residential properties to obtain low-interest or zero-interest loans for repairs.
A public hearing on the budget is planned for Tuesday, 6.30 p.m., in the executive’s conference room on the second floor of the community building.
“It’s about getting comments from the community” Development chief Ryan Barber said.
Also on Tuesday’s council agenda are revisions to previous CDBG budgets to move funds from completed projects or projects not included in the Downtown Facade Loan Program, which has three pending applications for combined approval totaling $ 60,000 . Another rework would add $ 100,000 to an $ 8 million project to build a 34-unit home at 800 Camden Ave. for seniors earning at or below 60 percent of the region’s median income.
Evan Bevins can be reached at [email protected]
* 6:30 p.m .: Public Hearing on Proposed Community Development Block Grant 2020-21 and Budgets for Parkersburg-Wood County’s HOME Consortium, Leadership Conference Room, Second Floor, Meeting House.
* 7:30 p.m .: City Council, Council Chambers.