City of Lincoln
2004 Media Releases
Mayor Coleen Seng today announced names of the Citizen Street and Trail Bond Audit Review Committee, which would review audits of the $75 million if the upcoming bond issues passes to ensure the funds are spent on the intended projects.
"I was very pleased that so many knowledgeable and sincere residents indicated an interest in serving on this important committee," Mayor Seng said. "The people on this committee will do an excellent job for the community."
The committee members would be:
Andrew "Skip" Hove Jr., retired Vice-Chairman, Federal Deposit Insurance Corporation (FDIC);
On Tuesday, September 14, residents will vote on a bond proposal that would provide $75 million to construct streets and trails in Lincoln. The projects would be under construction by 2007. At least $70 million would be spent on street and road projects and $2.75 million would be designated for trail projects. The remaining $1.5 million would be available for sidewalk construction, but also could be spent on streets if other funds are used for sidewalks.
The citizen committee would review independent audits of the bond proceeds to ensure the funds are spent on the projects that have been announced and not used for any other purpose, Mayor Seng said. The committee would meet at least once a year.
The Streets, Roads and Trails Committee had extensive public involvement. Seng said it is important to continue this open process by creating this Citizen Street Bond Audit Review Committee. Seng noted that infrastructure is one of the most important issues affecting our community's growth and quality of life.