Riverview council approves placing up to $10 million road-and-water bond on Nov. 3 ballot

The Riverview City Council voted unanimously on July 20 to submit a general-obligation unlimited tax bond proposal — not to exceed $10,000,000 — to the Nov. 3, 2026 election to fund road improvements across the city, including water-main replacements and related rights-of-way or attachments.

During the clerk's reading of the bond proposal, the clerk stated the measure would borrow a principal sum not to exceed $10,000,000 and described the purpose as acquiring, constructing, furnishing and equipping road improvements and water main replacements. The clerk also read estimated millage language aloud; the spoken figures in the record were fragmented (see clarification below).

Councilmember Webb asked for clarification of the bond phrase "including interest in land," asking whether that implied property purchase. The city engineer explained the phrase covers access rights needed for construction (for example, temporary easements or access) and said historically the city has been able to reconstruct roads and water mains without acquiring property.

Councilmember Pray moved, and the motion was supported, to submit the bond proposal to the ballot; roll-call voting recorded all present voting yes.

Clarification: the clerk read estimated tax figures as spoken in the meeting transcript. The reading included a fragmented figure that was not clearly enunciated in the record; the clerk read an "estimated millage to be levied in 2027" and an "estimated simple average annual millage rate required to retire the bonds" with the latter read as 2.5229 mills. Because the transcript contains a fragmented numeric string during the clerk's reading, readers should consult the official ballot language filed with the city clerk for authoritative millage numbers.