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City reports strong cash position; council approves $710,651.39 design contract for Reinhardt College Parkway intersection
Summary
Finance reported $62.9 million in cash and investments through Nov. 30, 2025, driven by bond proceeds for a new fire station; council approved Task Order 9 to Michael Baker International for up to $710,651.39 for final design and right-of-way work on the Highway 140/Reinhardt College Parkway intersection.
CANTON — At its Feb. 5 meeting the Canton City Council received a monthly financial report showing total cash and investments of $62.9 million through Nov. 30, 2025, and approved a design task order for a Highway 140 intersection project.
Finance Director Mister Luckett reported that total cash and investments stood at $62,900,000, roughly $18.5 million higher than the prior report. He attributed the increase partly to property-tax…
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