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Posted: 5:24 p.m. Tuesday, July 24, 2012
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By Josh Eachus
BENWOOD, W.Va-- Last week, the city of Benwood extended what it said is it’s "final offer" to Delta Demolition in an effort to reach an agreement that would allow a demolition project to begin on the Bellaire Bridge.
Seven sections make up the agreement, which now contains every detail for the city, Delta Demolition, and KDC Investments, minus signatures that make the contract binding.
In summary the agreement reads that Delta Demolition will put $500,000 into a bank account under the city of Benwood's name. Should Delta Demolition cease work on the bridge for more than 60 days after it begins, the city can withdraw that money and hire a contractor to have the section of bridge over the city removed. In addition, if Delta Demolition does not complete the project, any scrap material from the bridge will be turned over to the city.
On the other hand, if Delta Demolition finishes the project within the bounds of the agreement, the $500,000 will be returned to the company and it will keep all value of the scrap material.
"Well, there's other items on there of course. The $5 million general liability policy is still one of the issues, which they've said is no problem, traffic detours, other easements to other properties that are going to be affected by this," said Benwood Police Chief Frank Longwell.
The agreement gives Delta Demolition 6 months to complete the project and only includes the part of the bridge over the city. The span over the river is a matter between Delta Demolition and federal authorities.
"The ball is in their court. If they don't agree to it or sign off on it, then it's pretty much a dead deal," said Longwell.
Longwell tells NEWS9 Delta Demolition is free to sign this agreement document at any time; and if it does that, it's a sure thing that at least the portion of the Bellaire Bridge over Benwood will be torn down.
Stay with NEWS9 and WTOV9.com for continuing coverage.
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