Patton proposes funding plan for Dunlap Lake dredging (IL)
The dredging project for Dunlap Lake has a new proposal on the table. Edwardsville Mayor Hal Patton approached the Dunlap Lake Homeowners Association at their annual meeting at the Edwardsville Moose Lodge Thursday night in an effort to gather support for the estimated $4.5 million project. Patton proposed a partnership with the City of Edwardsville and Dunlap Lake property owners, inquiring that the city puts forward an estimated $400,000 toward the project and the 355 lots on Dunlap Lake form an SSA (Special Service Area) and contribute $12,600 (without interest) through an SSA property tax over a 20-year period. A second option Patton offered for property owners was a $15,000 buy-out to lessen interest rates on the funds. However, the proposal can only go forward with Council approval. Read the article…………..
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