As for the monetary amounts the agreement states, Avon will receive $1.4 million, and the county will receive three installments over three years of $3.7 million, $5.4 million, and $5.4 million.
In Avon, the plan includes the building of a bridge on S.R. 267 over the railroad tracks south of U.S. 36.
The Hendricks County Commissioners first voted to approve the transfer at its meeting Tuesday morning and Avon is still in the process of negotiating with the county.
Avon Town Manager Tom Klein said the negotiations have to do with design of the bridge and coordination of funds.
“The town council had said by resolution in a previous meeting that they won’t approve the agreement until they have an agreement with the county regarding the coordination of the design of the bridge and the control of the funds,” Klein wrote in an e-mail to the Hendricks County Flyer. “The council has sent a memo with the resolution to the county that requested that the town assume control of the funds and the design and that the county engineer could participate in the review of design and construction since over 90 percent of the construction will be on the town’s portion of S.R. 267.”
Klein explained because there is some risk involved, the town council feels it is appropriate to have control of the money.
“The town is willing to assume the risk of paying for expenses that go over the $13 million for the construction of the bridge,” he said. “If we are willing to assume the risk, then the council had said that the town should have control of the money for the project. I’ve spoken with county engineer John Ayers and he said he is working on the agreement that meets the request of the town council. This will have to be approved first before the INDOT agreement would be approved.”
The next step, after the county and Avon agree on terms, is for the agreement to be sent to the state for final approval.