Merrillville pursues bond for road paving

2013-06-29T21:15:00Z Merrillville pursues bond for road pavingChas Reilly chas.reilly@nwi.com, (219) 662-5324 nwitimes.com

MERRILLVILLE | Town leaders plan to use bond proceeds and funds from tax increment financing districts to pay for paving projects in each of Merrillville's wards.

The council on Tuesday unanimously decided to pursue a bond issue for nearly $1.8 million.

Town Manager Bruce Spires said figures regarding the financial impact the bond would have on taxpayers weren't immediately available because Merrillville is in the early stages of the process.

In addition to the bond proceeds, funds from tax increment financing districts in Merrillville's 6th Ward would pay for paving work in that ward, Town Councilman Shawn Pettit said.

Pettit said town leaders still need to select which roads will be paved this year. He wants officials to make those decisions soon.

"We don't want to pave late," Pettit said.

Spires said Mississippi Street near 53rd Avenue and Tyler Street are among roads that already have been identified.

The town's Public Works Committee is expected to meet at 5 p.m. July 9 to determine other streets that will be paved this year.

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