$30 Million Bond to be Introduced for Neighborhood Infrastructure Enhancements

FORT WAYNE, Ind. (WOWO): Friday afternoon, Mayor Tom Henry announced the City Administration will introduce an ordinance to City Council on Tuesday, February 11th, that calls for a $30 million bond for infrastructure improvements in City neighborhoods.  

The bond, along with funding through the financial plan passed by City Council last June as part of the Fiscal Policy Group created by Mayor Henry that allows for pay-as-you-go funding for future projects like street, road, and sidewalk improvements.

“We’re demonstrating a strong commitment to investing in our future by allocating substantial funding to enhance our neighborhoods and meet the needs of the community,” said Mayor Henry. “We’re recognized as a leader in job growth, economic development, and quality of life. We strengthen our ability to be the best by investing in streets, roads, and sidewalks.” 

A complete list of infrastructure projects for 2014 will be announced in the coming weeks.