November Bonding/Millage ballot question for streets and Randall parking lot on City Council agenda
COLDWATER, MI (WTVB) – The Coldwater City Council will be asked on Monday night to approve a resolution to put a $5-point-1 million bonding question that would include a 1-point-52 mill increase before city voters in November that would be used to fund additional road and parking lot projects.
The City Council and Coldwater’s voters approved a 1.98 mill levy and a $5 million dollar bond issuance in 2014 which were used in the reconstruction of the Chandler and Tibbits parking lots, two blocks of West Pearl Street, a block of South Hanchett Street and other street projects.
The 2014 millage that funded those projects expires this year. City Manager Keith Baker said City staff have identified a number of projects that would be difficult to complete without raising additional funds.
The plan would be to reconstruct $2-point-5 million dollars of streets and use $2-point-5 million for the reconstruction of Randall Parking lot with the proceeds from the bond resolution.
https://wtvbam.com/2024/07/19/674706/