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Committee recommends $531.9M bond authorization after debate over reallocations for OEM and community projects
Summary
The committee recommended a $531.925 million general‑obligation bond authorization after rejecting three amendments to reallocate funds from an OEM/emergency communications project to other local priorities; the committee heard detailed testimony about project impacts and fiscal tradeoffs.
The Budget & Finance Committee on Dec. 15 recommended approval of an initial resolution to issue general‑obligation bonds in an aggregate principal amount not to exceed $531,925,000.
During debate, Councilmember Stiles (Styles) moved an amendment to remove $7 million from the proposed allocation for the Department of Emergency Communications/Office of Emergency Management (OEM) and redirect it to infrastructure and site planning for the Global Mall (Antioch) community plan. Stiles argued the community deserves the…
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