Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council adopts 2026'1035 Capital Improvement Plan and authorizes sales-tax bond issuance
Summary
The Bloomington City Council approved the 2026'1035 CIP and preliminarily approved general obligation bonds; it also authorized sales-tax revenue bonds (Series 2026A) totaling about $19.765 million for corridor and facility projects.
Councilors voted Dec. 8 to adopt a 10-year Capital Improvement Plan for 2026'1035 and gave preliminary approval to issue general obligation debt for projects listed in the CIP. Planning staff described the CIP as a 10-year planning tool that includes 192 projects; final project decisions and timing remain subject to further council approval and procurement.
Sales-tax revenue bond authorization: Staff proposed and council authorized a resolution allowing…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
