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Council reviews Raymond James financial analysis for a $2.5 million street project
Summary
Council flagged a Raymond James financing analysis related to a proposed $2.5 million street improvement project and scheduled a June 18 workshop as part of master-plan coordination with BG Consultants and the Library Board.
Council discussed the Stormwater Master Plan and the Street Improvement Master Plan and noted a Raymond James financial analysis associated with a proposed $2.5 million street project. Staff scheduled a council workshop for June 18 at 6:00 p.m. and planned coordination with the Library Board and BG Consultants to review maintenance and financing options.
The discussion framed the Raymond James work as planning-level financial analysis rather than a formal financing commitment. No formal vote or contract award was recorded; the council directed staff to coordinate a workshop and to contact BG Consultants about a maintenance agreement and other planning steps. The minutes indicate ongoing project planning and financial evaluation rather than authorization of construction or borrowing.
