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Council authorizes up to $150 million in general obligation bonds and approves bond series 2025 details
Memphis City Council · October 8, 2025
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Summary
The council approved an initial resolution to issue up to $150 million in general obligation bonds and, separately, approved details for the City of Memphis General Improvement Bond Series 2025, delegating final terms to the chief financial officer.
The Memphis City Council voted Oct. 7 to authorize the issuance of general obligation debt of up to $150,000,000 under the Local Government Public Obligations Act (Tennessee Code Annotated, title 9, chapter 21) to finance public works projects. The initial resolution passed following a…
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