The yacht club committee has raised an estimated $375,000 for construction of the Cherokee City, Iowa building that would replace and relocate the existing flood-damaged yacht club. The city will be responsible for extending utilities, parking and sidewalk improvements estimated at $40,000.
Bids for the proposed Spring Lake Yacht Club in Cherokee City, Iowa, will be opened August 23 while the city council will consider awarding a contract at its August 28 meeting, the Cherokee Chronicle Times reported.
The new facility would replace and relocate the aging, flood-damaged Koser Spring Lake Park Yacht Club. A decision regarding financing for the city’s share of this project will be made soon, administrator Don Eikmeier said.
The Cherokee Yacht Club Committee has raised an estimated $375,000 to pay for the construction of the yacht club building and other related park amenities while the city will be responsible for extending the utilities, parking and sidewalk improvements, which are estimated to cost $40,000, the Chronicle Times reported.
Council member Chad Brown suggested proceeding with borrowing locally the $40,000 needed for the yacht club project. In a unanimous vote, the council directed the administrator to attempt to obtain local financing for the utility extensions, parking and sidewalk improvements for the project, the Chronicle Times reported.
The council also declared the existing flood-damaged Koser Spring Lake Park Yacht Club as surplus and authorized advertising for the sale of the newer four-season room attached on the front of the facility, other possible salvage and demolition of the building, Chronicle Times reported.