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Chamblee budgets $30M GEO bond for parks, trails and master-plan work
Summary
Council staff said about $30 million in GEO bond proceeds (Fund 802) have been budgeted for design, engineering and construction of several parks and trails projects, including Huntley Hills Park and Keswick Park master-plan implementation.
Budget Strategy Manager Daria Kryskis told the council the city issued a GEO bond earlier this year that produced about $30,000,000 and the proposed 2026 budget includes budgeting those proceeds and the debt-service collections to pay that bond.
Kryskis listed planned projects funded by those proceeds: design, engineering and construction for Huntley Hills Park, Nancy Creek West and Savoy Trails, Wood Acres Park/South Stanley Park, and implementation of the Keswick Park master plan. "We issued that bond earlier this year and received about $30,000,000 in revenue," she said.
