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Rockland Reporter

Thursday, December 26, 2024

VILLAGE OF MONTEBELLO: Election Day Bonding for Roads

Voting

Village of Montebello issued the following announcement.

On September 15th, the Village residents will be voting on a bond issue for the Village of Montebello.  This bonding issue will be used exclusively for road reconstruction within our village.

The current bonding proposal will allow us to cover the full cost of paving 26 roads all of which are at the end or near end of their life-cycle, and 12 of which were just done as funded by a Bond Anticipation Note (BAN) which will be paid off and included in the bond.  Given that, and that all other debt service will be paid off in 2021, servicing the Bond will not necessitate an increase in taxes and will strengthen the financial position of the village.  The complete list includes:

Birdie Drive

Bogey Place

Caddy Lane

Caroll Drive

Champion Parkway

Chip Circle

Diamond Court

Divot Place

East Gate Road

Emerald Lane

Evergreen Court

Golden Road

Golf Course Drive

Graniks Way

Highgate Court

Lety Lane

McKenney Court

Mills Road

Oxford Drive

Par Road

Plum Hill Drive

Senator Levy Drive

Sterling Forest Lane

Sycamore Lane

Turf Road

Wedge Way

Original source can be found here

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