Storm Lake gives $225,000 - but only if BV County will purchase the dredge
The ball is in the county's court following a Storm Lake City Council meeting last night.
Storm Lake council members agreed to give an additional $225,000 to an expanded lake dredging project - but only if the Buena Vista County Board of Supervisors agrees to purchase the dredge.
The Lake Preservation Association is asking the county to spend approximately $600,000 to purchase a dredge.
The LPA would like to see a similar level of commitment from the City of Storm Lake.
The city has recently purchased land to be used as a spoil site for $375,000. The additional $225,000 in funding would equal the $600,000 level of commitment.
The additional funds would be used to purchase equipment needed for dredging, such as pipe, dredge tender, a Jon Boat and motor, and a pipe fusing machine.
"This commits the city to buy this equipment, but it's also contingent on the county board of supervisors buying a dredge," said City Administrator John Call, making it plain that without the county action, the city will not hand over its $25,000.
The LPA is seeking support from local government bodies, private donors and state and federal government.
"As we know it takes a lot of commitment between a lot of different agencies," Call said, adding that the project would be "a real benefit for the area."
Council member Jim Treat noted how continued operating expenses would be expensive.
According to a dredging feasibility report recently completed, annual costs would be about $500,000, Call said, which includes labor and spoil site development and rent.
"The way I see the puzzle fitting together, we would continue to get state funding to offset that cost," Call said.
Also, a partnership between the county and city could save on labor costs, he noted.
Council member Julie Egland voiced her support. "The way I see it, this is a big economic development tool," she said.