The village of Skaneateles is planning a number of capital projects, mostly infrastructure repairs and improvements, in the next few years that will total more than $7 million.
The village board held a work session meeting to discuss these upcoming capital projects and a few other matters on June 20.
At the meeting, village Director of Municipal Operations Bob Lotkowictz presented the board with a list of upcoming capital projects the village would like to do. The list included 11 projects totaling $7.02 million and were each assigned a priority level either high, medium or low.
The board decided to put the ongoing improvements project on West Lake Street, a medium priority project, on hold to address other capital projects which they deemed more urgent.
The board moved to pay back a bond anticipation note (BAN) of $379,000 it had taken out for the West Lake Street project, rather than renew the BAN in July and use the money to complete the project.
Village attorney Michael Bryne said that if the village did not plan to do the project in the next 12 months then it would be a waste of money for the village to renew the BAN. Having to pay debt service on multiple loans for capital projects would cost the village, and taxpayers, more, so it would be in their best interest to only take on a certain number of projects at once, Bryne said.
While the condition of the West Lake Street had been improved by repaving already, the village still needs to put in new curbing and drainage systems. Board members said they hoped to return to the project within a couple years.
Among the high priority items were the first two phases of water line replacements that are required to improve the water pressure in the village for fighting fires. Those projects were estimated to cost a combined $1.93 million.