Mayor Richard Kimball and his department heads have drafted a list of projects he wants the city to borrow $3 million for over the next two years.
The first year of the program would focus mainly on public works equipment and projects.
"Obviously, we have gone through a rough couple of weeks (in January), and the idea of snowplowing and sidewalk plowing is foremost on everybody's mind," Kimball said. "This bonding issue does address those needs directly."
The bond issue would include the purchase of three new sidewalk snowplows and two plow trucks with salt spreaders. Another dump truck and plow would also be purchased.
The $68,000 cost of hiring four new equipment operators is also in the plan.
"The only money we would have available to cover the personnel costs for 1999 would be out of the contingency account or from overtime accounts depending on future weather conditions," Kimball said.
He said $350,000 for reconstruction of the South Main Street bridge is included. That amount would cover the local share of the project, to be matched by the state.
The mayor said the city's borrowing could be tacked on to the Board of Public Utilities' bonding measure for gas turbines to operate the power plant.
"We can save some bonding fees and legal fees by doing that, so it would help to hold the cost down for the city," Kimball added.
The City Council will review the list today in a joint meeting of the Finance and Public Works committees at 7 p.m.