LISBON – The second of two public hearings on $2.5 million in municipal and school bonds will take place at 6 p.m. Tuesday at the town office.

A $2 million bond is being sought to use as follows:

• $204,325 to rebuild a section of Ferry Road this year.

• $86,714 to rebuild Hudon Road this year.

• $251,582 to rebuild a section of Bowdoinham Road in 2010.

• $93,372 to rebuild Burrough Road in 2011;

• $119,390 to rebuild River Road in 2011;

• $203,000 to rebuild Pinewoods Road in 2011;

• $95,327 to rebuild King Road, and $126,668 to rebuild Fisher Road in 2011;

• $153,500 for a Case E-series wheel loader;

• $25,000 for a dump body;

• $46,000 for a truck body;

• $56,500 to repair concrete blocks at the Public Works garage;

• $90,000 for a compactor container.

• $394,000 as local match for Upland Road;

• $27,540 as local match to complete phase 2 of Ricker Farm Trail;

• $320,000 for Androscoggin River Trail.

The bond would be for 10 years, with a $75,000 payment the first year followed by $247,000 annually after that.

The potential impact on the tax rate would be 66 cents, according to a town flyer distributed to residents.

The School Department is proposing a $500,000 bond to pay for a professional analysis of the costs of renovating the high school or replacing it with a new building.

Voters will decide this year whether to approve the bonds.