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Budget and Finance Committee approves three special-assessment financing measures for street work
Summary
The Budget and Finance Committee voted to approve ordinances to issue bonds and notes totaling several million dollars to cover property owners’ shares of sidewalk, resurfacing, street cleaning and lighting projects; the measures were passed on the consent agenda.
The Budget and Finance Committee voted unanimously to approve three ordinances authorizing the issuance of bonds and notes to pay property owners’ portions of street, sidewalk, resurfacing and street-lighting projects.
Committee members Lombardo, Amobian, Fusco, Boyes and Bolden considered the items during the committee’s session. Mr. Fricker, a staff member, told the committee the $13 million note is the committee’s annual…
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