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Allegan council approves financing plan and hires engineers to design Rossman Park and downtown street projects
Summary
Council approved a financing plan and authorized design and construction engineering contracts totaling about $1.665 million to Aben/Abbot Marsh for Rossman Park and downtown street projects; staff said water/sewer rate increases would be needed to support bonding for construction.
The City of Allegan on June 9 approved a financing plan to advance infrastructure repairs in the Rossman Park neighborhood and select downtown streets, and authorized engineering contracts to begin design work.
Council approved a financing plan after staff said the city could cover some work with cash reserves and a $721,000 local stabilization grant but would need to issue revenue bonds to pay for the water and sewer portions. Staff outlined a rate program to cover debt service and operations: an 8% water-rate increase in 2026 (planned for July 1, 2026), followed by 6% annual increases…
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