Project: Street and utility improvements in various locations throughout Preston
Estimated Cost: $4 million
Key Dates:
- March 11, 2021 – Bid Opening
- March 15, 2021 – City Council to select contractor
- May 2021 – Construction to start
- October 2021 – Major construction completed
- October 2021 – Assessment Hearing
- June 2022 – Final completion
Project Financing:
- City will issue a bond to pay for the project costs
- Assessments for property owners will be payable over 10-15 years
