In December 2021, Council approved an ordinance authorizing the issuance of Certificates of Obligation totaling $15.75M for street and drainage and park improvements. The Certificates of Obligation will coincide with expiring debt and therefore have no impact to the City’s ad valorem tax rate. During the budget process, the Capital Improvement Program identified projects to be included in this issuance, including $8.85M for street and drainage capital projects and $6.413M for park improvements.
You can also view the Bond Project and CIP project interactive map to see the location, a description and images if they are available.