On Monday, city officials met with representatives of Umbaugh and Associates, Bingham McHale, both of Indianapolis, and Hannum, Wagle and Cline (HWC) Engineering, Terre Haute, to receive up-to-date information on where the process stands.
"The 30-day public comment period for the Office of Community Affairs (OCRA) Grant ended April 4," HWC Professional Engineer Brian Pohlar said. "Once we get all the paperwork together, which we are hoping to do by April 12, we can send in the application."
Pohlar added the city received approval of the Preliminary Engineering Report early Monday morning from the State Revolving Fund (SRF), which is a major component in moving the process along.
However, one thing holding the application back is the need to obtain one final easement, which City Planning Administrator Stacy Gibbens said she hopes to do by the end of the week.
Umbaugh CPA Jeff Rowe said SRF has released its adjusted quarterly rates, which have increased slightly.
"Even with the slight increase, everything remains within the current rate estimates for the projects," Rowe said. "We are also working to put together an analysis of the SRF loan alongside the current 1994 note."
Rowe added a lower debt service may be set for the SRF loan for the short term, which would increase after the 1994 note ends, which should be in 2015.
Plans are also in place for which styles of elevated water tanks will be bid for both the Craig Park and Interstate-70 locations.
"For the water tower at Craig Park, the composite tank will be an option while a spheroid will be a bid option at I-70," Pohlar said. "Also, for both locations, we will have bid specs for the multi-leg tank style."
Pohlar added the plan is to begin construction on both tanks at the same time.
"The one at Craig Park is the priority," Bradshaw said. "The people have been waiting a long time for a new tower."
Pohlar explained the difference in size of the tanks -- 750,000 gallons at Craig Park and 250,000 gallons at I-70 -- would create the potential for the I-70 tank to be constructed quicker.
"They both should take about a year to complete," he said. "But with the smaller tank at I-70, it could be finished about a month sooner than the one at Craig Park."
Pohlar said the bid chosen may not necessarily be lowest upfront cost because the maintenance costs for the life cycle of the tanks will be taken into consideration as well.
When the discussion turned to the aesthetics of the water towers, Brazil Water Superintendent Jake Raubach said there is a light blue tint in the color the Craig Park tank will be painted, and Bradshaw added there have been discussions about possibly adding logos to the I-70 tank to help promote the area.