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Decatur council approves notice to seek $32.5M in certificates of obligation; series of ordinances and agreements pass
Summary
Decatur City Council on Oct. 13 approved multiple fiscal and development actions, including publication of notice to issue up to $32.5 million in certificates of obligation, sale of two surplus city lots, and a suite of ordinances and development amendments.
Decatur City Council on Oct. 13 approved a package of fiscal and development actions, including a resolution to publish notice of intent to issue certificates of obligation for roughly $32.5 million, sale of two surplus city lots, and multiple second-reading ordinances and contract amendments.
The council voted to begin the formal notification process that would allow the city to issue certificates of obligation to finance public safety, water and wastewater projects. Council also approved the sale of two surplus parcels (South Hatcher/Thompson Street and East Vernon Street) to the highest cash offers presented by staff, and approved amendments and agreements related to the Paloma Trails development.
Votes at a glance
- Ordinance 2025-5934 (Second reading; annex ~4.422 acres): Motion to approve made and seconded; item passed by voice vote. (Transcript: motion at 1404.3351–1416.68.)
- Resolution R-2025-10-27 (authorize publication of notice of intent to issue certificates of obligation, not to exceed $32,500,000): Motion made on the record; passed by voice vote. Staff said funds would finance a new Fire Station No. 2, Fire Station 1 rehab, demolition and site work plus water/wastewater projects; conceptual annual…
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