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Council approves notice of intent for up to $5 million in Sheldon Park bonds; design work funded and PRDA to share costs
Summary
Council approved a notice of intent resolution to publish a 45‑day referendum for general obligation bonds up to $5 million to fund a major redesign of Sheldon Park; the Plymouth Road Development Authority will cover roughly 45% of the cost and the city the remainder, and prior design costs may be reimbursed from bond proceeds.
Livonia City Council approved a notice of intent to publish a 45‑day referendum for general obligation bonds not to exceed $5 million to fund planned improvements at Sheldon Park, a project the city is developing with the Plymouth Road Redevelopment Authority.
Deborah Lichtenberg, director of finance, told council the PRDA has approved design services with DLZ (not to exceed $350,500) and that the bond wording would allow design fees to be reimbursed from bond proceeds. Lichtenberg said funding for planned work would come roughly 45…
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