Innovation park nearing completion

January 5th, 2018

By Ahlee Hoos | KPC News - The Herald Republican

The Angola Innovation Park project edges closer to completion, and during Monday’s Angola Common Council meeting a change order for the project was approved for $18,231.64.

The park is located in the corridor of Interstate 69 and U.S. 20.

The change order was requested by the project contractor, API Construction Corp. for infrastructure improvements. According to paperwork submitted for the change order, the rain in November exposed storm sewer design flaws that needed addressed.

The survey costs for redesign investigation and field staking of the redesign were estimated in the order at $4,981.63. The remainder of the cost of the change order is for parts required for the project.

Clerk-treasurer Deb Twitchell said to date, $230,807 has been requested in change orders, which is 7 percent of the project bid, which was a total of $3.5 million.

The project, she said, covers water, sanitary sewer, storm sewer, street lights, fiber and streets.

Partners on the project in addition to the city are Angola First Development and Speedway, with each committing money toward it.

Angola First committed $910,035 and Speedway committed $1 million. The city contributed the remaining $1.7 million needed for the project, with $935,000 of it coming from a Community Crossings Grant. The remaining balance needed for the city’s portion will come from a special distribution of income taxes that legislature authorized in 2017, Twitchell said.

She also said Angola First had already done some work in the property area.

The city took lead on the project and paid all the invoices for the project up front and has sought or will seek reimbursement from Speedway and Angola First.

In December, Twitchell said, Speedway released its $1 million from escrow to the city.

“We had enough invoices to ask Speedway to release the escrowed funds to the city,” she said during Monday’s meeting.

The project is 82 percent completed, with a scheduled finish date of June 30.

Categories Infrastructure