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Lapeer Commission approves up to $3.75 million bond for street and parking projects
Summary
The commission authorized sale of up to $3.75 million in 2026 capital improvement bonds to fund Park Street, Pine Street and Parking Lot No. 9 projects; the resolution passed after brief discussion and a roll-call vote.
The Lapeer City Commission voted March 16 to approve a bond-authorizing resolution allowing up to $3,750,000 in 2026 capital improvement bonds for Park Street, Pine Street and Parking Lot Number 9 projects. Commissioner Glisman moved the resolution and Commissioner McCarthy seconded; commissioners recorded support by roll call and the motion carried.
City staff said a notice of sale for the bonds will be published and that the competitive bid is proposed for early April. Commissioners asked procedural questions about bidder access to the notice and project timing; staff said a pre-construction meeting is planned and the bonds are not expected to delay the scheduled work.
The resolution authorizes the sale; final pricing and award will follow competitive bidding and the published notice of sale.
