Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
County committee backs up to $199.5 million in bonds for MD 355 bus rapid transit
Summary
The Government Operations and Fiscal Policy Committee recommended unanimously that the full Montgomery County Council consider a resolution authorizing up to $199.5 million in grant anticipation revenue bonds to finance construction of bus rapid transit along central Maryland 355; bonds would be limited obligations payable from the state BRT fund.
The Government Operations and Fiscal Policy Committee on its first session of 2026 gave a unanimous favorable recommendation to the full Council for a resolution that would authorize Montgomery County to issue up to $199.5 million in grant anticipation revenue bonds to support bus rapid transit construction along the central portion of Maryland Route 355.
The recommendation followed a staff presentation that described the proposed bond series as limited obligations of the county, payable solely from funds the county receives from the state bus rapid…
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
