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Middleton officials say developers and bonds likely pay for costly road improvements
Summary
City speakers said Middleton lacks the budget to rebuild or extend aging streets and that developer contributions or taxpayer-backed bonds are the primary options; no formal vote was taken.
Middleton city representatives and meeting participants said the city currently lacks the funds to pay for major road work and that developers or capital projects financed by bonds are the likeliest ways to complete needed improvements.
Speakers described a situation in which connecting short dead-end streets (for example, a link between Ninth Street and Middleton Road) would cost “millions of dollars” and fall outside the city’s available capital funding. “If we start building those things, we can't use MidStar money, because they're not on the CIB cap where we would plan. So we have to take the money out of our measly little purse,” a city official said.
That official and other participants framed the choices as: require developers to build needed roadway connections adjacent to…
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