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Basswood residents ask Olivette for interest‑free loan to repave private street
Olivette City Council · November 12, 2024
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Summary
Representatives of the Basswood private subdivision asked the council for an interest‑free loan of about $57,900 to repave a deteriorated private street and proposed repayment through property tax assessments; council said it would review options.
A trustee for the Basswood private subdivision told the Olivette City Council on Nov. 12 that their private street has deteriorated and professional assessments recommend full repaving at an estimated cost of $57,900. The speaker asked the city for an…
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