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Commission approves sidewalk/curb program financing and project contracts; assessments to be levied to properties
Summary
The commission authorized note issuance to finance 2024 curb/sidewalk work, approved related contracts and confirmed the assessment model that places repayment on property tax bills over a 10-year period.
The commission approved measures on June 30 to finance and continue the city’s sidewalk, curb and gutter program and to confirm associated contracts.
Council authorized issuance of bond anticipation notes in a maximum aggregate principal sum of $1,140,600 to fund sidewalk, curb and gutter construction for the 2024 program; the city manager explained the municipal practice: the…
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