The Herald Bulletin

Evening Update

Local Business

August 31, 2010

Stimulus funds to rehab 6 vacant houses

City awards $362,000 in bids

ANDERSON, Ind. — Six homes built less than 15 years ago that have sat vacant for years will be renovated after the Anderson Board of Public Works on Tuesday approved bids totaling more than $362,000 for rehabilitation of the houses in or around the 1300 block of West 10th Street.

“For several years the houses have sat vacant, and unfortunately, it shows,” said Michelle Westermeir of the Anderson Community Development Department.

The houses, built in 1998 by a since-defunct nonprofit agency, recently returned to the city’s possession. Westermeir said all of the houses had been vandalized and in some cases air conditioning units and copper pipes had been torn out.

After their renovation, the houses will be put in the city’s homeownership program that seeks to assist first-time homeowners.

Westermeir said the city has $2.8 million in state neighborhood stabilization funds that must be allocated this month.  The program, in conjunction with a similar program using direct federal dollars, is intended to stabilize neighborhoods hard-hit by foreclosures, abandoned properties and blighted houses, she said.

Because city policy allows contractors to have only two active renovation projects at once, only one of the six contracts awarded Tuesday went to the low bidder. It was for the renovation of 1302 W. 10th St. by Mel Sylvester Construction at a cost of $57,528.

Other renovation contracts were awarded as follows:

  • 1308 W. 10th St.,to Mel Sylvester Construction at a cost of $53,474, $1,474 higher than the low bid.
  • 1314 W. 10th St., to Stephenson Residential for $63,800, $9,470 higher than the low bid.
  • 1320 W. 10th St., to Stephenson Residential for $60,450, $7,179 higher than the low bid.
  • 1326 W. 10th St., to J & M Remodeling for $71,050, $16,540 higher than the low bid.
  •  936 Henry St., to J & M Remodeling for $57,650, $3,109 higher than the low bid.

Assistant city attorney Evan Broderick said the policy is meant to spread public projects to various contractors and also prevents situations in which vendors might become overextended with too many projects under way at the same time.

Contact Dave Stafford: 648-4250, dave.stafford@heraldbulletin.com

Text Only
Local Business
  • First Merchants takes over Shelby County Bank

    First Merchants Bank, which has eight branches in Madison County and is based in Muncie, has reached an agreement with the FDIC to take over Shelby County Bank.

    February 11, 2012

  • 0211 news STAR Trading Room_AU 49A.jpg Wall Street atmosphere alive at AU

    Surrounded by a stock market ticker and television screens showing the latest stock prices and world financial news, Federico Boscaini purchased 230 shares of Chevron stock for more than $24,000. He did it in a financial stock trading room at Anderson University — and with university funds.

    February 10, 2012 1 Photo

  • Volunteers needed for Daffodil Days benefit

    The American Cancer Society is looking for individuals, businesses and organizations to help with its upcoming Daffodil Days program.

    February 8, 2012

  • susan miller mug Susan Miller: Minds made better thanks to lists

    Not all lists are created equal. Indeed, there is an art and a science to list crafting.

    February 8, 2012 1 Photo

  • 0208 news robbery suspect.jpg Gunman robs Old National Bank

    A gunman escaped with money from a southside Anderson bank Tuesday afternoon.

    February 7, 2012 1 Photo

  • Dulaney c.jpg Emmett Dulaney: The tragedy of the insurance commons

    In basic economics, students often hear of the concept of “the tragedy of the commons.” In overly simplistic terms, this is a situation in which many individuals share a limited resource.

    February 6, 2012 1 Photo

  • FILE-Casino Grand Opening-155a.jpg Report: Hoosier Park leaves economic mark on county

    Tourism has become big business in Madison County and Hoosier Park  Racing & Casino is the star attraction, concludes a recent report from the Anderson/Madison County Visitors & Convention Bureau.

    February 6, 2012 1 Photo

  • 0207 comm Ron Cross_nurse 09a.jpg Call answered decades later

    Ron Cross' family and friends thought he was crazy for quitting a well-established career, but Cross thought there was something better out there for him. And he wanted to set a good example for his children — now 17 and 24 — by going to college.

    February 6, 2012 1 Photo

  • Gerry Dick Gerry Dick Business Briefs: Feb. 5

    A compilation of business news items of local and statewide interest, provided by writer Gerry Dick.

    February 4, 2012 1 Photo

  • Clark, Big Joe.jpg 'Big Joe' Clark: Housing market yet to bottom out

    As housing prices slow their massive drop from the highs we saw in 2006, economists and market analysts alike want to have their voices heard when they call for a bottom in the housing market. It just isn’t time yet.

    February 4, 2012 1 Photo

Photographers’ pick
Stocks
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Popular Searches
Powered by Local.com