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Council appropriates bonded project funds and traffic signal reimbursements; packet lists project breakdowns
Summary
Council heard several budget ordinances tied to earlier bond sales and insurance reimbursements: roughly $53.8 million from a 2024 GO bond issue for streets, sidewalks and bridges and parks; and a smaller insurance reimbursement for traffic‑signal replacement. Staff said detailed project lists are in the agenda backup.
The City Council considered multiple budget ordinances on Oct. 15 that recognize bond proceeds and other reimbursements and appropriate them to planned capital projects.
Budget staff presented an ordinance to appropriate $53.805 million recognized from the 2020 GO bond issue for street,…
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