City officials already have contracting authority and some projects completed. Now, they need council’s go-ahead to pay for the projects.
CORRECTION: Not all of the $6.4 million council is consdering is for new projects. Finance director Jenn Pae explains: "The $3.9 million in Bond Anticipation Notes are for work projects completed in 2011 and 2012, which included the projects you listed as well as streets projects and Detroit Ave. signalization. The city is in essence refinancing this borrowed money for another year but all of the projects are done. The 'new' money totaling over $2.3 million is for the projects listed on the Fiscal Officer Certificates and Ordinances. This is our capital program for 2013." Lakewood City Council is considering a measure that would give the administration the green light to fund several projects around the city. Some of them are already done…
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City officials were hoping to get started on repaving of all of Madison Avenue in the summer of 2013, as well as a traffic signalization project. A streetscape effort was also part of the plans. They will all have to wait.
Clarification: Public works director Joe Beno said the county is still committed to paying 10 percent of the cost of the paving project. But the city will likely wait a year to see if it can get some funding assistance. Officials at Lakewood City Hall would like to repave the entire length of Madison Avenue. There are also plans for a traffic signalization project — not unlike the Detroit Avenue project this summer — which could include some streetscape-style enhancements. But all those plans are now on hold, until at least 2014. City officials were hoping to get started on the $2.5 million repaving of all of Madison Avenue in the summer of 2013, but the plan for additional funding assistance from Cuyahoga County fell through. However, the…
Steve
11:55 am on Wednesday, March 6, 2013
Another question, is that going to cater to the people that bought property at the point? If so, let them chip in and pay for it. I for one will never use it. I have no boat.   more ›