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‘Complete streets’ plan to revitalize downtown Hicksville needs $22M to fund improvements

Downtown Hicksville’s chaotic jumble of roads and walkways is set for a $22 million pedestrian and bicycle-friendly makeover — if the funding can be secured.

Nassau County last week released its “complete streets” plan for the area around the Hicksville Long Island Rail Road station that is poised for revitalization.

“When you’re adding apartments or for housing or any kind of development at all you want to make sure that … you can accommodate any increased population or traffic, and you also want to look at how you can make things safer,” Nassau County Executive Laura Curran said in an interview. “You also want to look at how to make it more attractive.”

The complete streets report recommends adding 1.75 miles of bike lanes, new street crossings for commuters, extending sidewalk curbs to shorten the distance to cross streets, building median islands at wide intersections, making sidewalks and curb ramps compliant with the federal Americans with Disabilities Act and other improvements.

The plan was developed in cooperation with officials from Oyster Bay, the New York State Department of Transportation, the LIRR and local organizations.

The complete streets proposal would complement expected development. Oyster Bay was awarded a $10 million state grant in 2017 to revitalize downtown Hicksville. That grant will fund LIRR station access improvements, new public spaces and mixed-income housing. The Oyster Bay Town Board is expected to rezone the area and is considering an application for a mixed-use residential and commercial development at the former Sears site.

The most expensive recommended project in the complete streets report is $5.9 million for improvements to sidewalks and adding bicycle parking to the heart of downtown Hicksville, a half-mile stretch of Broadway from Old Country Road to John Street that is lined with small stores. Another large proposal is $5.2 million

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Monument trustees approve $22 million financing plan to fund water system improvements | Thetribune

MONUMENT • The Monument Board of Trustees has authorized a major move to fund water improvement projects over the next three years.

At the board’s Sept. 21 meeting, they heard recommendations from town staff and special legal counsel regarding the potential for using the sale of revenue bonds to fund major improvements to its water system over the coming years.

However, instead of revenue bonds, it was recommended Monument create an ordinance to enter a site lease agreement and lease purchase agreement to market Certificates of Participation (COPs) — an alternate form of financing.

Town attorney Andrew Richey presented the finer details of the agreement, with bond counsel provided by Nate Eckloff of Piper Sandler and Kimberly Crawford of Butler Snow Law Firm. Both counsels recommended the certificates to help maximize the town’s budgetary flexibility in financing the water projects.

Presently, the town has a 2A water fund and an enterprise water fund for its improvements. Formal revenue bonds would have the town fund improvements from just one fund, Richey said. Using Certificates of Participation is a way many municipalities, counties and school districts fund projects without having to raise taxes and is a financial structure approved by the Colorado Supreme Court, Richey said. The collateral for the agreement would be town-owned property, infrastructure and improvements.

With the agreement, Monument would lease its collateral property to BOK Financial in Denver, which would act as the financial trustee in exchange for an anticipated $22 million. BOK Financial then leases back the property to the town, and Monument pays “base rents” to pay off the $22 million over time, Richey said.

Richey said Certificates of Participation also carry added protection for the town since they involve leases over a particular term and not transfer of title. Monument would not lose title to

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Cleveland gets $10.8 million loan to fund more sewer improvements

Ongoing sewer improvements in Cleveland, Tennessee, got a $10.8 million boost this week from a state loan.

Tennessee Gov. Bill Lee and Tennessee Department of Environment and Conservation Commissioner David Salyers announced the loan this past week. It comes from the Clean Water State Revolving Fund Loan Program and is aimed at infiltration and inflow corrections within Cleveland’s sewer collection system, officials said.

The loan has a 20-year term at 0.73% interest. Greg Clark, Cleveland Utilities’ manager of wastewater collections, said that rate was less than half the rate the city got on another $10 million program loan in 2018.

“Typically what we’ve done is, we get a $10 million loan and inside of that we’ll typically perform three rehabilitation projects with that money,” Clark said Thursday. “Each year we’ll bid a contract somewhere in the vicinity of $3 million to $3.5 million, just depending on how the work plays out until we utilize all those funds.”

The loan will fund work along South Ocoee Street and in the Dalton Pike area of South Cleveland, along with additional improvements near Bowman Hills off of North Ocoee Street, Clark said. Some streets north of the Bowman Hills area also will see some improvements, he said.

Specific loan-funded work in those areas includes “cured-in-place” lining to rehabilitate existing main sewer lines and rehabilitation of lateral lines to customers and maintenance holes throughout the project area, Clark said.

Clark said a little money left from a 2018 loan will be combined with the new loan to help keep overlapping projects going. Ongoing evaluation and smoke testing of the sewer system helps identify areas of greatest need and make the most efficient use of the loan funds, he said.

“These loans from the State Revolving Fund Loan Program address important infrastructure needs and demonstrate

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