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Council sets 5-year surety bond and approves ordinance for FY2025–26 budget
McAlester City Council · April 20, 2026
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Summary
Council set a five-year term and required a surety bond equal to 100% of estimated infrastructure costs ($1,553,460.47) for the Wallace Meadows subdivision plat and approved the city budget ordinance for fiscal year 2025–26 as presented.
Council approved conditions for financial assurance tied to the Wallace Meadows subdivision and passed the ordinance adopting the fiscal year 2025–26 budget.
Planning staff presented construction worksheets showing…
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