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At their Monday, February 10, board meeting, Village of Bradley trustees approved an ordinance allowing the issuance of $30 million in General Obligation bonds to finance the first steps of the actual building of a water park at Northfield Square Mall.
The money raised will be used to procure the construction materials for the structure that will house the facility and the water slides that will be installed in it.
Finance Director Rob Romo said the next step will be a public hearing on the bond issue that will be held at the next village board meeting on February 24. He said he expects the bonds will actually go to market for sale in April. Romo stated this package is the first of at least two other bond issues for the water park that will take place during the next two years.
In other business, Bradley trustees approved the purchase of two new police vehicles at a cost of $56,292. The 2025 Ford Escapes from Manteno Ford will replace aging fleet.
Trustees also approved the spending of $645,866 for remodeling work at village hall. Bid winners for various renovations were Ruder Electric, TSI Commercial Floor Covering, Inc., Johnson Downs Construction, Knotts Masonry, and M&M Sheet Metal
The post Bradley Takes First Financing Step for Water Park appeared first on Southwest Regional Publishing.
