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Council approves advance of state-aid funds to keep 2025 street project on schedule
Summary
To ensure the 2025 road work can start on schedule, council approved a municipal-aid advance of roughly $961,000 from the city's state-aid account; the motion passed unanimously among the four members present.
Council approved a resolution requesting a state-aid advance so the city can fund the state portion of the 2025 Street Improvement Project and meet the planned bidding and construction schedule. Staff said the city's state-aid account currently holds about $500,000 and the advance requested would cover the remainder needed to proceed with advertising and award in spring.
A council member asked whether advancing these funds would preclude piggybacking future projects; staff responded that the advance is compatible with future programming and could be repaid over time. The motion to request the advance passed unanimously with the four members present.
