Road project bonds approved for $40 Million.
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Description
Issuance of up to $40 million in lease rental bonds through the RDA to fund key road projects including a roundabout at 161st Street and Spring Mill Road, Monon Trail underpass at 161st Street, widening of 191st Street, pedestrian bridge for the Monon Trail over 191st Street, extension of Chad Hittle Drive, construction of the Jersey Street extension, and realignment of Towne Road. Bond repayment to come from special benefit tax.
Contract Details
Contract Amount
$40,000,000
Vendor
BONDRY CONSULTING LLC
Agency
City of Westfield city, IN
Contract Type
Financial
Document Date
August 18, 2025
Contract Term
20 years
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