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Roswell approves second bond tranche, reallocates proceeds to parks and public safety
Summary
The Roswell Mayor and City Council unanimously approved a resolution to issue general obligation bonds (Series 2025A) and a budget amendment to allocate proceeds from a second tranche of voter-approved bonds; the sale drew stronger-than-expected interest and a 4.39% effective rate.
The Roswell Mayor and City Council on June 30 approved a resolution to issue general obligation bonds Series 2025A and a budget amendment (BA314620000063025) to appropriate the proceeds from a second bond tranche approved by voters in November 2022.
The action, moved by Council member Alan Sells and seconded by Council member Christine Hall, passed 6-0.
City Chief Financial Officer Bill Gottschall told the council the city initiated a second tranche in April 2025 to raise $93,400,000 tied…
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