By Lauren Cabral
Killeen Daily Herald
COPPERAS COVE - The Copperas Cove Economic Development Corporation approved a proposal to install 12 street lights along the Constitution Drive extension at its meeting Thursday, a $25,611.60 project.
Oncor Elecric Delivery Company LLC will install 12 30-foot galvanized steel round poles with 6-foot arms along the new extension of Constitution Drive to Mueller Avenue. The project is expected to take four to six weeks from execution of the contract.
Oncor Construction Manager Dennis Lantrip also spoke with the board about the possible installation of five additional streetlights along Constitution Drive to Martin Luther King Jr. Drive. A proposal for the project may be presented at May's board meeting.
The board also approved a $25,000 debt issuance option to meet the financial requirements for planning and development of a few capital projects, including the Shops at Five Hills, the Business and Technology Park and a possible future land swap with Fort Hood.
The projects could require millions of dollars in funds, CCEDC Executive Director Polo Enriquez said, and the action simply means the city is planning ahead. Board Treasurer Fred Chavez said he liked the proactive approach.
Following an executive session, the board voted to create a performance agreement for infrastructure reimbursement for developer 10K Investments LLC that will include repayment on invoices only, cap reimbursement at $22,500. The city must approve design and construction, and the agreement is subject to City Council approval.
The board also approved increased benefits for Enriquez, including a $300 per month car allowance, medical benefits for his family and an indefinite term for his contract.
Contact Lauren Cabral at firstname.lastname@example.org or (254) 501-7476.