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Laconia council authorizes $610,000 bonding for Opechee Loop Section A pedestrian improvements
Summary
The City Council approved authorization to issue up to $610,000 in bonds to fund construction of Opechee Loop Section A, part of a wider trail extension. Grants totaling $325,000 and Lakeport TIF district revenues will cover the remainder; the project’s total estimate in packets was $935,000.
The Laconia City Council on June 9 approved a resolution authorizing the issuance of bonds and notes in the amount of $610,000 to fund construction of the Opechee Loop Section A pedestrian improvements.
City materials list a total project cost of $935,000, including deck repairs to the Elm Street Bridge. The project has been awarded a $225,000 Northern Borders Regional Commission grant and $100,000 in funding from Belknap…
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