Belize - Belize News - Channel5Belize.com - Great Belize Productions - Belize Breaking News
Home » Environment, People & Places » OW Mayor Seeks Municipal Bond for Infrastructure Works
Dec 1, 2015

OW Mayor Seeks Municipal Bond for Infrastructure Works

Mayor Bernard has his own infrastructural problems in Orange Walk Town, similar to municipalities countrywide. There is little money for the upgrading and maintenance of all streets in town, and it shows. Bernard has implemented a comprehensive works program – paving or cementing the worst and most heavily trafficked streets, and he is hoping that the Council will get approval to float a small municipal bond which he says would address most of the infrastructure crisis.

 

Kevin Bernard, Mayor, Orange Walk Town

Kevin Bernard

“These are costly investments and at the same time we will still be looking at the options to try and get the municipal bond going because we will be in discussions next week I will be meeting aging with the Central area representative and he has an interest in seeing how he can help us as well and we can partner with the local business community like we did on Guadalupe Street and that way we can try and do more in other areas because at the end of the we have done a lot of streets. And some of these streets we did it was in partnership with some of the businessmen so the town has a lot of street works that we have to do, Yes, we don’t have the money to do every one of them at the same time bright now also we are in negotiations with the contractors to try and see how we can work out a payment plan that will see us paving all these streets that I have mentioned to you within the next year or so. A bond will definitely make a big difference. I have identified a hundred and thirteen major streets and when we talk about 20 million. We would love to see a bond like that raised in Orange Walk but we need to look at affordability. It is a smaller town and at the same time we need to see the people that would be interested in buying the bond but if that should happen. We are focusing on a five million dollar bond at this time but if a twenty million could be afforded, if we would be able to raise that bond you can see these hundred and thirteen major streets in fact some of them we already paving so it cut down from the one we already started because it worked out to twenty-one million for the streets we wanted to address, well the major ones.”

 

Mayor Bernard says that one advantage of the Council is that they have the equipment and the manpower to do all preparatory works to roads, so contractors only have to do the final surfacing.

Be Sociable, Share!


Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

Advertise Here

Leave a Reply

CAPTCHA Image
*