By MARTHA McCLAIN
Special to the PRESS
Plans to invest $1.5 million into Laguna Vista’s future were approved here Tuesday.
Council members voted to solicit funds to upgrade parks, purchase a fire truck and replace some fire hydrants that will be funded through certificates of obligations at anticipated low interest rates.
A motion that would have authorized $2 million in COs for such improvements failed to draw a majority vote at Tuesday’s meeting of the board, but upon a subsequent motion, the plan for the lower amount was unanimously approved.
The action sets into motion, a plan for the board’s next meeting on Sept 13, to approve the notice of intent to issue the CO’s, according to Mayor Susie Houston.
In addition to Town parks improvements, the Board has indicated a desire to pay off a lease payment for a fire truck and make needed improvements and replacements to several fire hydrants.
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