City reveals plan to spend first $40 million in GO bonds
With a vote of confidence from residents firmly in place, City Manager Troy Schulte is revealing the first wave of projects needed to start repairing the crumbling infrastructure that KCMO citizens have complained about for years.
Schulte has sent a letter to Mayor Sly James and the City Council that details the plan to spend the first $40 million over the next year. The list has projects from each council district and includes $6 million devoted to sidewalks.
On April 4, voters approved an $800 million comprehensive capital improvements program to use revenue created by issuing general obligation bonds each year for 20 years. The money will pay for infrastructure improvements across the city that has long been deferred.
“Since the election, we haven’t stopped working on the plan to spend the first $40 million,” Schulte said. “We want to get the shovel-ready projects rolling, and we have to tackle the backlog of spot sidewalk repairs. I know councilmembers are also anxious to get going, so this gives them a chance to review the list and provide us with the feedback we need to finalize the plan.”