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Bay City commissioners told $5 million bridge lease money is reserved; debate grows over whether to spend now or pace projects
Summary
Commissioners discussed $5 million the city received from the bridge lease, marijuana tax growth and road funding, asking staff for audits, a five‑year street plan and documents to guide spending decisions.
Commissioners at Tuesday’s Bay City meeting were briefed that $5 million received under the bridge lease agreement is held in a restricted fund for infrastructure and remains available for the current commission to allocate.
Commissioner Bernie Overshaw repeatedly asked for the disposition of the bridge funds; the city manager replied staff had placed the money in a separate bank account following a 2020 commission decision that earmarked the proceeds for infrastructure work. Staff said the money is reported in the city’s audited financial statements and remains available for a…
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