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Committee authorizes declaration to issue additional GeoBond tranche for infrastructure projects
Summary
The committee approved a declaration of intent to issue an additional $72.28 million tranche of the 2018 general obligation GeoBond program for infrastructure and neighborhood projects; staff said issuance will not immediately increase the debt service millage and that projects include street paving, sidewalks and flood‑related work.
The committee approved a declaration of intent to issue an additional tranche of 2018 general obligation GeoBonds for infrastructure and neighborhood projects and will return the measure to the full commission for final authorization of bond issuance.
Thais Fiera, the GeoBond program director, told the committee the additional tranche 2 request totals $72,282,000 for…
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