Carroll awards Exit 1 utility project

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By Christopher Brooke, Reporter

HILLSVILLE — Public water and sewer at Interstate 77's Exit 1, essential for its development, got a little closer to reality at the Carroll Public Service Authority meeting Jan. 12.

Authority members awarded the construction bid for both a water and sewer system there, a prerequisite for the location of a Love's truck stop at the exit in Lambsburg.

But the award also depends on getting financing and settling unspecified legal matters, according to the motion.

Authority members had a range of six construction bids for the project, ranging from $714,105 to nearly $1.13 million.

They picked the apparent low bid, submitted by Clark Brothers Co. of Stuart.

That figure fell about $71,000 less than the engineer's projection of $785,000, according to authority documents.

In a related matter, the Carroll public utilities authority also received a bid on interim project financing for the Exit 1 water and sewer project from Carter Bank and Trust.

The particulars of the proposal are that the bank would provide the PSA a tax-exempt loan of up to $920,000 — the total estimated project cost — at an interest rate of 2.5 percent for a 36-month term.

Authority members are still considering the bid for interim financing. Carter Bank's proposal would expire by Feb. 27 if it is not accepted.

Utilities availability is key to bringing the $7 million-plus investment and 70 to 90 jobs associated with the development of a Love's Travel Stop and Country Store to that exit.