LEWISTON — Councilors will go back to fix an administrative error in the borrowing plan for a $4.96 million Lincoln Street parking garage.

The council approved the bonding package for the garage in March, narrowly overriding a bond limit. That limit required a minimum of five councilors to support the bond package.

Councilors didn’t have the votes to approve the garage at a Feb. 23 meeting and tabled it until the March 2 meeting, when it won approval.

Finance Director Heather Hunter said the bonds were scheduled to be sold this week, until the city’s bond attorneys realized that the March 2 vote required a special public notice, according to the City Charter.

“Under normal situations, we don’t have to re-advertise when something is continued by councilors,” Hunter said. “But issuance of debt is the sole exception. It’s never happened before in the city’s history, so nobody realized it was there. This is the first time ever this has happened.”

Councilors are scheduled to vote and ratify their March 2 decision at a special meeting at 6 p.m. Tuesday at Lewiston City Hall.

Work on the 378-space parking garage began this spring. Hunter said bond interest rates are at a low point, between 2.4 and 2.7 percent. The city originally expected to get a 4 percent interest rate when it sold the bonds. The lower rate will save significant money for the city.

“Further delaying reapproval of these bonds could push the sale date into mid to late September and might affect the interest rates we receive,” Hunter wrote in a memo to councilors.

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