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Johnstown Common Council approves $12.2M bond proposal


Johnstown Common Council approves $12.2M bond proposal | The Daily Gazette
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JOHNSTOWN – The Common Council Wednesday night voted unanimously to authorize City Treasurer Mike Gifford to go to the municipal bond market to obtain up to $12.2 million for capital projects the largest bond procurement in the history of the city.
The borrowing was reduced from what has been called a $13.7 million “wish list” from the city’s department heads presented to the council on July 19.
The lion’s share of the bonding is part of approximately $7.2 million worth of capital projects requested by the city’s independently-elected Water Board, and will be repaid by the city’s water customers and not through property taxes. ....

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Johnstown continues infrastructure improvements | News, Sports, Jobs


manich@leaderherald.com
JOHNSTOWN Work on the city’s infrastructure like culverts and bridges continues through the COVID-19 pandemic.
In his monthly report Tuesday to the Common Council, City Engineer Christopher Vose said the city is expecting delivery this month of North Chase Street and South Chase Street culverts from manufacturer Contech.
All permitting with agencies such as the state Department of Environmental Conservation was obtained, and design work by Greenman Pedersen Inc. was finalized on the city’s behalf.
“We intend to start these projects in March, weather dependent,” Vose reported.
Vose also said he continues to work with Greenman Pedersen engineers on the replacement of the Townsend Avenue Bridge. The project is still on schedule for construction during the 2021 season, he said. ....

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