Mayor Friedberg says a bond election in 2019 will not be needed and that the city will “be able to maintain the same pace of infrastructure work for at least another year with existing bond authority.”
The Bonds for Better Bellaire 2016 program was expected to last three years and there was talk of the possibility of needing another bond election in 2019. The Mayor sites two reasons the money will last a bit longer. “First, in response to significant public input last fall we canceled standalone sidewalks, freeing up the associated bond funding for street and drainage projects instead. Second, the earlier phases of BBB16 have come in quite a bit below cost estimates, leaving us with some remaining funds which, when combined with the unused sidewalk money, will be enough for the next round of street and drainage improvements.
Read the Mayor’s full blog post HERE.
