The Grand Island Town Board on Nov. 3 adopted an amended and restated bond resolution authorizing a capital improvement project to reconstruct and improve Veterans Park, primarily for drainage and accessibility upgrades, at an estimated cost of $1,300,000 and authorized issuance of bonds in an aggregate principal amount not to exceed $1,300,000.
The board also awarded the Veterans Park Inclusive Access Project (job MDash66Dash2021) to Jay Quigliano the Second Incorporated for $1,232,906.89; the resolution and the award were presented as consistent with the financing authorized by the amended bond resolution.
The award was approved by roll call. Town staff said financing is in place from the prior action authorizing the bond resolution. The board included conditions and consultant review as part of the site-plan and dedication discussions elsewhere on the agenda.
What this means: the town has authorized debt up to $1.3 million for Veterans Park improvements and has a contractor under contract for the inclusive-access work; staff will proceed with necessary contract paperwork and project oversight.