Posted: Tuesday, June 30, 2020. 10:03 am CST.
By Aaron Humes: A few weeks ago, the Belize City Council was worried about having to potentially merge its $10 million bond issued in March, at the start of the COVID-19 pandemic, with the original bond made by Darrell Bradley.
But Mayor Bernard Wagner today reported that “the bond’s Series 1 launch was very successful, given the circumstances. We are now very close to starting those streets, it’s just at the point where we did the tenders, went through the tendering process, now at the stage where we sign those contracts with those contractors and the work starts.”
The Mayor projected a mid-July start but in phases, affecting as many as 23 streets.
“We will be looking in the area of Pelican Street Extension and Racoon Street Extension; those will be our first two streets. We want to certainly tackle that street behind the Civic Center, I believe it’s Mopan Street – horrible street. We have Ebony Street, Victoria Street, we have over 23 streets to complete and those contracts will be signed, if not this week, then early next week.”
The purpose of the second bond as with the first was to improve City infrastructure.
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