City Council considers Highway 61 financing
Financial Advisor Mike Bubany of David Drown Associates urged the City Council to retain as much flexibility for itself as possible when it comes to funding road work, including the upcoming Highway 61 project in Lake City.
His advice is the same whether the city participates in a conversion of the four-lane portion of Highway 61 to three lanes or a mill-and-overlay project that would retain four lanes: the city should separate its non-Highway 61 road work from the Highway project and vote to give itself authority to bond for its completion.
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