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Bonding Authorized for County Road and Bridge Projects.

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Bonding Authorized for County Road and Bridge Projects.

Tuesday, October 15, 2019

Legislators approved a series of bond resolutions authorizing the issuance of serial bonds and notes to support a portion of the cost of various highway and bridge capital projects.  The authorizations include bonding for up to $1.6 million for highway reconstruction and improvements; up to $200,000 for bridge repair and replacement; and funding for three specific bridge reconstructions—up to $1.7 million for the Etna Lane bridge; up to $995,000 for the Central Chapel Road Bridge; and up to $1.62 million for the Cortland Street bridge.

Legislator Mike Sigler inquired, why for this expense; why not just pay cash?  County Administrator Jason Molino said that is a question that will be considered going into next year, indicating that informal discussion regarding that issue has already begun.