Bonds OK’d for York Twp. Drain Project

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At its Dec. 7, 2011 meeting, the Washtenaw County board of commissioners authorized the county’s full faith and credit to back the payment of bonds used to repair sinkholes and replace broken tile in a drain along Saline-Milan Road in York Township. [.pdf of map showing project area]

The amount of the bonds is not to exceed $235,000, and will be retired in part through special assessments against the property owners in that area’s drainage district. Money from assessments will account for 69.16% of the project cost, with remaining project costs prepaid by York Township (20%), and Washtenaw County (10.84%). The Wasthenaw County road commission will pay half of the county’s portion of this project, which is being managed by the county office of the water resources commissioner.

This brief was filed from the boardroom of the county administration building at 220 N. Main St. in Ann Arbor, where the board of commissioners holds its meetings. A more detailed report will follow: [link]