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Thu October 6, 2011
City preparing to sell bonds for major road project
COMMERCE - The Commerce City Council has authorized City Manager Marc Clayton to move forward on a three year, nearly $4 million street renovation project.
The city will now seek counsel from its financial advisor on when to sell $3 million in bonds to pay for the project. The funds were approved by voters in 2008. Another $900,000 plus will be provided by Texas A&M University-Commerce, to allow for the renovation of Lee Street, a section of Bois d’Arc Street, Stonewall and W. Neal; which all border campus.
A recent street index study conducted by Halff Associates outlined the needs of every street in Commerce. With limited funding, it is now up to the council to prioritize what roads need fixed immediately.
According to Clayton, the council is considering making improvements in this first year of the project to two of the most heavily traveled roads in town in Monroe and Washington streets. They’re also considering an upgrade to Harlow Road, which is located south of Culver Street/Loop 178 and runs a block west of FM 3218. Although Clayton says the decision of what roads to fix first has not been finalized.