The city plans to replace the chain-link fence around the municipal parking lot on Cornell Street, between Howe Avenue and the Farmers Market Building, with a more decorative fence.

It will cost almost $16,000 to install 450 linear feet of new fencing. The city leases the lot for public parking from Yankee Gas Co.

During a Board of Aldermen meeting, Mayor Mark Lauretti said the current fence is “a hazard” due to its condition and should be replaced.

Lauretti said while there legal questions about whether the city or the gas company would be liable if a problem should arise due to the fence, it makes sense for the city to do the replacement work because it uses the parking lot. “I just want to get something done,” he said.

The Board of Aldermen unanimously approved the expenditure. Money for the $15,850 project will come from bonding.

Lauretti said the city might want to buy the parking lot property in the future, but there are contamination issues in the soil that would need to be considered before such a purchase.