Mayor releases capital projects list | Arkansas Blog

Wednesday, January 25, 2012

Mayor releases capital projects list

Posted By on Wed, Jan 25, 2012 at 4:34 AM

Mayor Mark Stodola released a list of priorities for capital projects last night. City Director Joan Adcock complained that, as usual, the public got its first look when the list was released at the meeting. What is nominally referred to as city leadership simply hates to give the public time to study and form questions that might negate early spin.

'Baggers will be pleased to know short-term borrowing will be required to get the list off the ground quickly. Given our troubles in completing earlier bond issue projects in a timely fashion, a tiny bit of skepticism could be expected about the notion that upfront borrowing, against $50 million a year in new tax revenue for 10 years, will make things happen more quickly. We'll see.

Here's the list, thanks to Channel 4. Lots of street and drainage work listed; also 2.5 miles of sidewalk construction the first year.

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