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Committee approves forwarding ordinance to issue up to $65 million in COPs for street resurfacing and curb ramps
Summary
The Budget and Finance Committee on Sept. 3 voted to forward an ordinance authorizing up to $65 million in certificates of participation to help fund street resurfacing and curb ramp improvements across fiscal 2026–27.
The Budget and Finance Committee on Sept. 3 voted to forward to the full Board of Supervisors an ordinance authorizing issuance of tax-exempt or taxable certificates of participation (COPs) in an aggregate principal amount not to exceed $65,000,000 to finance and refinance capital projects, principally street resurfacing and curb ramp improvements.
Grant Carson of the Office of Public Finance said the COPs would finance $50,000,000 of project costs for street resurfacing and curb ramps in…
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