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Commission approves design-build contract and short-term notes to advance Landing Park project; state funds cited
Summary
Commissioners approved a design‑build contract for the Landing Park project and authorized note issuances (including an $8 million package) to bridge near-term cash flow; State Representative DJ Swearingen credited for securing state funds included in the financing package.
The Sandusky City Commission on July 14 authorized a design‑build contract for the Landing Park project and approved related short-term note issuances to finance construction draws, including a separate $8,000,000 note anticipated to fund landing work if the commission finalized the project.
Commission action and financing: The commission passed an ordinance authorizing the city manager to enter a design‑build contract with Mosier Construction, Inc., for the Landing project and approved two note issuances in anticipation of bonds: (1) a $3,806,000 note issuance to cover several capital projects including Landing Park elements, Jackson Street Pier, Sandusky Bay Pathway and Columbus Avenue work; and (2) an $8,000,000 note issuance specifically tied to landing project construction. Commissioners voted to approve the fiscal officer’s certificates and adopted the ordinances…
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