The Peachtree City Council on June 4 unanimously approved a budget amendment for $100,000 to cover currently and any upcoming fees related to the Lake Peachtree dam and spillway. Any unused funds will be transferred back into the general fund account.
The amendment allocates $100,000 from general fund cash reserves to the Public Improvement Program (PIP) for ongoing costs associated with the dam project on Lake Peachtree. Funds not spent would be carried over to FY 2016.
Legal and engineering expenses over the past two years have totaled $200,000, with approximately $10,000 still outstanding and needing payment.
The council agreed to the $100,000 allocation to pay the current $10,000 due now and to use the remainder, if needed, to pay those expenses without having to have the topic return on other occasions and be dealt with as budget amendments.
The remaining balance will be transferred back to the general fund once all costs are paid.
Over the past two years, legal fees from both the city attorney and a consulting attorney have totaled $101,390 while engineering costs have totaled $98,435.
As for the work on the spillway that required boring and filling the void areas, that work is now complete with Fayette County expecting to do a walk-through with the contractor next week, according to Fayette County Water System Director Lee Pope.
The cost of the work totaled $99,855, Pope said.
“It’s now a solid chunk of concrete,” Pope said of the spillway, adding that the work is expected to last 20-30 years.
