Two Burlington institutions have agreed to fund a significant part of the new capital infrastructure plan.

The University of Vermont and Champlain College reached an agreement with the city of Burlington to collectively contribute $8.9 million over the next 20 years. That money will pay for the city’s new infrastructure bond and the debt service payments. This question will be on the ballot in March. The mayor is advocating for voters to support this measure for the city.

"The commitment is there from the college and university to make these payments over the next 20 years so that we can pay off a bond the voters need to give us the authority to actually take on that bond to take on that borrowing," said Mayor Miro Weinberger, D-Burlington.

The mayor says the schools and the city have worked together before, but this is a new commitment between them.