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Richardson staff recommends $223.4 million bond program focused on streets, drainage and parks
Summary
City Manager Don Magner presented a $223.4 million bond program proposal to the Richardson City Council that prioritizes street and alley repairs, drainage projects and parks improvements while authorizing but deferring sale of $23.5 million for a new Fire Station 7.
Don Magner, Richardson’s city manager, presented a recommended $223,400,000 bond program to the City Council at its final meeting of the year, saying the package prioritizes streets, drainage and parks while keeping a no-tax-rate-increase approach to bond sales. “The recommendation I have for you tonight is, is again about a $223,400,000 recommendation,” Magner told the council.
The proposal would fund a large slate of transportation and mobility work, including $9.5 million for traffic-signal rebuilds and $1.3 million for two new signals, replacement of school-zone flashers and completion of identified ADA upgrades. Streets and alleys are the largest line item, with about $114,000,000…
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