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Council advances JR Smith Park financing steps; Baker Tilly to advise on bond options
Summary
Council heard a parks committee update that JR Smith Park improvements are estimated at about $3.5 million, with roughly $1 million already available. Council authorized Baker Tilly as the city’s municipal adviser and heard a first reading of a $3.5 million bond ordinance to fund park improvements.
Sunbury City Council on Nov. 5 advanced financing steps for improvements at JR Smith Park, which staff estimated at about $3.5 million and said has roughly $1 million in committed funds. Staff and Parks & Recreation committee members described bid timing (bids to open in December) and an approach that uses base and alternate bids for…
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