The Amory Centre - 17th June
The Amory Centre TBA
Town Council Meeting
The Town Hall - 25th June
01769 572501 Mon-Fri 9-5
125 East St. South Molton, EX36 3BU
The Council will require to borrow from Public Works Loan approximately £500,000 in order to fund the cost of the construction of the road and the associated costs until the guaranteed tender monies are received at the end of the project. The interest rate on this is less than 2% and South Molton Town Council does not have to increase its precept as the financing costs are within the budgeted profit and loss account for the entire project for PBP4.
If any members of the public have questions about this, please contact Andrew Coates, Town clerk: Andrew.email@example.com
The construction works for the road commenced on Tuesday 7th May and the diggers and portacabins are all now in place. The contractor is Alun Griffiths who have recently undertaken several large capital projects in the South West and who have also been involved in the tender for the widening of the North Devon Link Road.
Our consultant Dunstan Consulting Limited will be overseeing the road construction and the anticipated date for completion will be January 2019 at the latest. This of course assumes there are no hold ups along the way.
There will be monthly update meetings with the contractor and the consultant and the Town Clerk.
Quarterly updates on the progress of the project will be circulated to the press and South Molton Notice Boards by Dunstan Consulting Limited.
The businesses that have purchased the plots are in the process of gaining their own planning permissions and the tenders amounts will become payable when the road is finally adopted.
The Town Council has already made payment for the sub station which is due to be installed in September.
In the meantime if anyone wants any additional information on the project whilst it is running please contact the Town Clerk Andrew Coates at the Amory Centre on 01769 575523.
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