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12/03/2012 02:26 PM

Mayor Announces Infrastructure Improvement Plan

By: YNN Staff

Mayor Announces Infrastructure Improvement Plan
Rochester mayor Tom Richards has announced a plan to speed up capital improvements in the city.

Richards submitted legislation to City Council to borrow money now for future infrastructure projects because of historically low interest rates. The plan is calling for the issuance of more than $29 million in bonds.

The funds would be used for the next three years on projects such as street resurfacing, repairs on sidewalks, and knocking down old dangerous vacant buildings.

The proposal will be voted on by City Council at its December meeting.