Finance Committee - 08/19/2020 Page 12
Mayor Donchess
The idea would be to move the Jersey Barriers to provide additional dining space on some of the side streets.
So the cost, we would continue to lease those as we are and it is a seasonal lease so returning them early
wouldn’t get us anything anyway. In future years | mean we would present the cost to you, it depends how we
go. Certainly the cost of buying would be more than the cost of leasing but the lease is almost like $100,000.00
for installation and leasing and we probably have a 3 or 4 year, depending on which way we went, if we did
this, we would have a 3 or 4 year payback if we bought them and we’d have more attractive barriers on top of
it. But that would be an analysis and decision we’d have to make after we see the barriers and when we are
able to present you with the final cost of purchase. Does that answer that?
Alderwoman Kelly
Yes.
Alderman Harriott-Gathright
| have a question.
Mayor Donchess
Alderwoman Harriott-Gathright.
Alderman Harriott-Gathright
So right now the $35,167.56 that’s would be paid through the GOFERR Fund correct/
Mayor Donchess
Correct.
Alderman Harriott-Gathright
So that’s for the purchase?
Mayor Donchess
Correct. But it’s 200 feet, it’s not the whole City, it is just 200 feet. We currently have 2,400 feet out there. So
you know it is a decent section but certainly not a full replacement of everything.
Alderman Harriott-Gathright
OK so going forward, let’s say next year, are we expecting to purchase more and probably not be on the
GOFERR.
Mayor Donchess
We are not aware that there would be GOFERR Funds available next year. But were we to purchase, we
would need to use city funds. And, of course, we’d own 200 feet already if we went with the concrete ones but
we would need to buy the remainder with city funds.
