Lake Avenue will soon lose the unwitting source of its namesake.
The street, known to flood because of drainage problems, will be reconstructed as part of a capital improvement project that will include the drainage problem abatement, repaving and curbing on a four-block stretch between River and Ridge roads.
Estimated to cost $456,552, the project, which had already been accounted for in the borough’s capital improvement program, will be advertised for bids on Aug. 28.
“It was previously budgeted (the money has been set aside), so we are not bonding for anything,” borough Administrator Theresa Casagrande said. “We’re required to authorize the debt appropriation.”
The project was previously funded, in part, by a $200,000 matching state Department of Transportation grant. At Monday night’s Borough Council meeting, the governing body, as a matter of procedure, had to adopt an ordinance officially appropriating the state’s $200,000 for the road reconstruction.
If all goes according to plan, work should start in mid-September, Casagrande said. It is slated for completion by winter.