Diboll to issue $2.5 million in bonds for street rehab projects

Diboll to issue $2.5 million in bonds for street rehab projects
News
Tuesday, February 14, 2012 - 11:23am

The Diboll City Council on Monday authorized the city to publish its intention to issue $2.5 million of 20-year certificates of obligation for street rehabilitation projects.

City Manager Dennis McDuffie said proposed street projects include construction work on Lumberjack Drive, which will cost about $1.5 million.

“The engineers have recommended that we have some street rehabilitation projects and we have some that are in need of repair. The main one that we’re talking about is Lumberjack Drive to the new school,” McDuffie said. “The school did (construction) from where the pavement ends now to where the school is now. The idea is to do Lumberjack Drive first and do that over the summer and have it ready for next year when school begins. We then have some streets on the west side as well as on the east side. The council indicates they want to do more street projects and we have $2.5 million to work with. We’ll do as many streets on an as-needed basis. The ones that are in most need of repair will be done.”

Read the full story here.

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