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Broken Arrow council authorizes $17M in bonds, selects Rose District concept and approves stormwater contract
Summary
At its Nov. 17 meeting, the Broken Arrow City Council authorized $17 million in bonds for street and drainage projects, selected a preferred design for the Rose District Plaza, approved a stormwater construction contract and OK’d a one-year police drone trial and a five-year tourism plan.
Broken Arrow’s City Council on Nov. 17 authorized the sale of $17 million in bonds tied to the city’s voter-approved 2018 general obligation bond program, approved construction and planning actions for stormwater and downtown improvements, and cleared a one-year police drone trial and a five-year tourism plan.
The bond authorization covers two series: Series 2025A, for $14.5 million, which the city said will go toward street and stormwater infrastructure improvements, and Series 2025B, for $2.5 million, designated for drainage facilities. City communications said TV Financial Product LLC submitted the lowest interest rate on both series.…
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