The Douglas County Commission on Monday will decide whether to pay for a road project in a lump sum or on the installment plan.
The commissioners will debate the merits of both plans for the project, which will widen U.S. Highway 40 (Sixth Street) from Monterey Way to Wakarusa Drive. In April, county voters approved issuing 20-year bonds for $493,000 for the project. However, the county's share has been reduced to about $255,000 because of lower-than-expected construction costs.
The terms for the bonds will likely be one or three years, even though they were approved for 20 years. The commission is looking at the shorter terms to save on interest costs.
The meeting will begin at 9 a.m. in the county courthouse, 11th and Massachusetts streets.
HERE IS Monday's agenda:
Consider Aug. 14 minutes.
Consider commission orders.
Discuss and consider financing arrangements for the widening of U.S. Highway 40 (Sixth Street) between Monterey Way and Wakarusa Drive.
Consider replacement of a wheel loader.
Consider easements and rights-of-way for the Lone Star bridge project on County Road 1 and signing of certifications to the Kansas Department of Transportation.
Consider accounts payable and appointments; receive comment from the commissioners, county administrator and the public.