Election Day Bonding for Roads

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On September 15th, the Village residents will be voting on a bond issue for the Village of Montebello.  This bonding issue will be used exclusively for road reconstruction within our village.

 

The current bonding proposal will allow us to cover the full cost of paving 26 roads all of which are at the end or near end of their life-cycle, and 12 of which were just done as funded by a Bond Anticipation Note (BAN) which will be paid off and included in the bond.  Given that, and that all other debt service will be paid off in 2021, servicing the Bond will not necessitate an increase in taxes and will strengthen the financial position of the village.  The complete list includes:

 

Birdie Drive

Bogey Place
Caddy Lane
Caroll Drive
Champion Parkway
Chip Circle
Diamond Court
Divot Place
East Gate Road
Emerald Lane
Evergreen Court
Golden Road
Golf Course Drive
Graniks Way
Highgate Court
Lety Lane
McKenney Court
Mills Road
Oxford Drive
Par Road
Plum Hill Drive
Senator Levy Drive
Sterling Forest Lane
Sycamore Lane
Turf Road
Wedge Way

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