Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Franklin aldermen prioritize capital projects, add Creekside consideration; Robinson Lake dam bid and possible $48M bond issuance discussed
Summary
Aldermen affirmed four high-priority infrastructure projects for the 10-year capital plan, agreed to add Creekside preservation for consideration, reviewed a $13.482 million bid for Robinson Lake dam and heard staff outline a proposed general obligation bond issuance of up to $48 million to fund parks, paving and apparatus.
At the Jan. 28 meeting the Board of Mayor and Aldermen reviewed an updated 10-year capital investment plan and identified four projects for near-term prioritization while directing staff to add Creekside acquisition to the next round of prioritization. The board also discussed a contract award for the Robinson Lake dam project and a proposal to issue up to $48 million in general obligation bonds to fund several capital projects.
Eric, a city staff member, presented the updated financial capacity—about $134 million in borrowing capacity per staff materials—and listed four projects with consensus support: the Goose Creek Bypass and Crothers Parkway extension (approx. $40 million), Eddie Lane improvements (option costs vary), South Margin Street & Fifth Avenue intersection improvements (approx. $3.15 million) and design/upgrade work on Mallory Lane and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
