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Council discusses 2026 bond lineup; authorizes underwriting engagement with DA Davidson
Summary
City Manager Garcia said the 5th Ave South project may be delayed until 2027 as staff consider alternative street projects for the 2026 bond; the council authorized the mayor to sign an underwriting engagement letter with DA Davidson.
Council members discussed the proposed 2026 bond program at the Dec. 16 meeting. City Manager Garcia told the council that the 5th Avenue South street project “may be delayed until 2027” and that staff are evaluating other street projects to include in the bond issuance.
After discussion, the council moved to authorize the mayor to sign an underwriting engagement letter with DA Davidson to begin underwriting work for the 2026 bond (motion by Zupp‑Smith, seconded by Logan). The motion carried unanimously.
Council members indicated they are looking at timing and project selection for the bond; specific projects and final bond sizing will be determined during the budget and financing process.
