Arvada Council approves $105M water and $18M wastewater bond issuance

The Arvada City Council convened on May 20, 2025, to discuss several key initiatives aimed at enhancing community development and infrastructure. A significant highlight of the meeting was the unanimous approval of a resolution for the 2025-2029 Consolidated Plan for Housing and Community Development Programs, which includes the annual action plan for Community Development Block Grant (CDBG) funding. This funding is crucial for addressing housing protection and renter support, particularly in Southeast Arvada, where the council aims to add amenities that benefit local residents.

Council members expressed their enthusiasm for the plan, emphasizing its importance in preserving historical sites, such as Gold Scribe Park, which marks the location of Colorado's first gold discovery. This initiative not only aims to enhance local amenities but also to recognize and celebrate the area's rich history, making it a valuable asset for both residents and visitors.

In addition to housing initiatives, the council approved two ordinances related to the issuance of revenue bonds for wastewater and water enterprise projects. The wastewater bond, expected to generate up to $18 million, will fund critical repairs and expansions of the city's wastewater infrastructure. Similarly, the water bond aims to raise up to $105 million for essential projects, including repairs at the Ralston Water Treatment Plant and system expansions.

Council discussions also touched on the potential for local residents to invest in these bonds, highlighting a desire to keep investment opportunities within the community. This approach could foster a stronger connection between residents and their local government, allowing them to directly contribute to the growth and sustainability of Arvada.

Overall, the meeting underscored the council's commitment to addressing pressing community needs through strategic funding and infrastructure improvements, setting the stage for a more resilient and engaged Arvada. As the city moves forward with these initiatives, residents can expect to see tangible benefits that enhance their quality of life and preserve the community's historical significance.