Downtown Bicycle Improvements and McRae Boulevard Shared Use Path
Key facts
- Latest action
· City Council
Result: Carried: 8 to 0 · Amount: $1.9M
- Money
$1.9M in total financial activity across agenda items that mention this project.
Largest single item: $1.9M on (Council considers a resolution accepting a State Infrastructure Bank loan agreement of $1,854,000, repayable over up to 25 years, to finance the City's local match and project costs for Downtown…)
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Activity Timeline
September 2026
Council considers a resolution accepting a State Infrastructure Bank loan agreement of $1,854,000, repayable over up to 25 years, to finance the City's local match and project costs for Downtown Bicycle Improvements and McRae Boulevard Shared Use Path. It authorizes the City Manager to execute the loan agreement, make budget transfers, and execute related documents.
…paid over no more than twenty-five (25) years, for SIB loan number S2026 003-06 Downtown Bicycle Improvements and McRae Boulevard Shared Use Path, to finance the City’s local match and actual cost of construction, environment…