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Committee advances final issuances of 2012 parks and 2015 affordable housing general obligation bonds
Summary
Officials briefed the Budget Committee on planned final sales of $3.1M remaining from the 2012 Clean & Safe Neighborhood Parks bond and about $92.7M remaining from the 2015 Affordable Housing GO bond; the committee moved the resolutions and appropriation ordinance to the full Board with a positive recommendation.
The Budget and Finance Committee advanced three related measures to finalize remaining proceeds from two voter-approved general obligation bond programs.
Vishal Trivedi of the Comptroller's Office summarized the financing plan for Items 7–9, describing the proposed sale of approximately $3.1 million in tax‑exempt bonds from the 2012 Clean and Safe Neighborhood Parks bond series and about $92.7 million from the 2015 Affordable Housing general obligation bond…
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