The Plymouth City Council will approve a resolution at their meeting next week pertaining to a transfer of money for the Greenway Trail project.
According to Clerk-Treasurer Jeanine Xaver, the city council authorized the transfer of $250,000 in cash from the Rainy Day Fund to the Greenway Trails Fund. Xaver explained that in order to cover the city’s share and to adequately keep funds in that budget line item the transfer needs to take place. The city will pay for invoices up front and the state will reimburse the city 80 percent of the costs.
Xaver said the city already has a contract for construction engineering in the amount of $141,208 which needs to be paid up front and will be reimbursed 80 percent by the state. Bid letting will take place next month. The city is responsible for 20 percent of construction costs.
Xaver noted that it could take several months before the city is reimbursed funds so it’s important that the resolution include the total amount. The resolution will be before the council on Monday, Jan. 22.
