Supervisors on Wednesday approved transferring about $60,000 from different funding sources to cover a funding shortfall in the construction of the proposed Circleville bikeway.
According to Township Manager Doug Erickson, the township has $309,127 in PennDOT funding for the construction of the path. The project was bid out through PennDOT in February with the lowest bid coming in at $406,406, about $97,000 over the funding amount.
Another $40,000 in funding is available through the Centre County Metropolitan Planning Organization, he said, leaving $57,270 to be funded. Several options were weighed, including not paving the path — which would delay the project about three months — reducing the length of the path by several hundred feet and designating the funding from an alternate source within the township.
Supervisor Bryce Boyer suggested taking half of the amount from the township’s unreserved cash balance, which sits at about $2 million, and half from the Open Space Preservation fund, which had a projected 2014 year-end balance of $60,000.
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The board unanimously approved Boyer’s suggestion. Before the funding can be taken from the preservation fund, Erickson said, the board should consult with the open space stewards for input. Should the stewards say no, the board will need to come up with another funding solution at the April 22 board meeting to meet the contractors April 26 deadline.