The Lake City Council has announced Friday, Jan. 31 as the date for an open house where members of the community can learn more about the estimated $1.5 million downtown street project and South Street repair. Residents will have the opportunity to view designs, conceptual drawing and more. Representatives from the firm tasked with the project, ISG Engineering, and city officials will be available to answer questions from the public. The council held a public hearing on the issuance of $2.75 million in bonds at their Jan. 20 meeting and did not receive any comments for or against. About half of the bond proceeds will be used to fund the project with the remaining amount to be used to refinance some of the city’s existing debt at a more favorable interest rate. The open house is from 4 p. m. to 5:30 p.m. in the council chamber at city hall. A second public hearing will be held on the project’s plans and specifications at their meeting the following Monday, Feb. 3 at 5 p.m. Bids are expected sometime during March with construction beginning in late spring or early summer.
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