Public infrastructure improvements bond funding coming — Liberty Township
Up for review Nov 4
Every project links to the city packet it came from.
Liberty Township expressed official intent to issue tax-exempt bonds in a maximum principal amount of $32,000,000 to finance public infrastructure improvements supporting the I-75 Millikin Road interchange project.
Budget: $32.0M
Commercial GCExcavation / gradingWater / sewer mainStorm drainagePaving / asphaltStructural / formed concrete
- What happened
- The Board of Trustees passed a reimbursement resolution expressing official intent to issue up to $32 million in tax-exempt bonds for the acquisition, construction, and development of public infrastructure improvements.
- Why it matters
- This multi-million dollar capital program will fund a diverging diamond interchange, roundabouts, roadway, sidewalk, bikeway, utility, landscape, and bridge aesthetic improvements tied to the I-75 Millikin Road interchange.
- Timing
- Bond intent resolution enacted; formal engineering design, procurement, and construction bidding documents are expected to follow in upcoming fiscal quarters.
Who to call
No contractor selected yet — the applicant/owner is the contact.
Named contact in the filing — locked
UnlockSource: liberty-township.com