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Norman weighs $34M bond

Norman weighs $34M bond

November 23, 2011
By Joy Hampton
The Norman Transcript

NORMAN — Norman voters may get an opportunity to approve $34.5 million in bonds to move forward with a major transportation and storm water improvement package this summer.

The proposed package would address eight projects, with federal funding picking up more than $37 million — more than half the total estimated cost of $71.5 million.

“These are very solid numbers,” said Shawn O’Leary, Public Works director. “Our engineers are very conservative.”

If the bond package were approved by voters, it would clear up about $11 million for other capital improvement projects, O’Leary said.

The projects under consideration as a part of the general obligation bond package include four combination drainage and street widening projects and four street projects... FULL ARTICLE

 

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