$85 Million Special Obligation Revenue Bonds, Series 2026A
Summary
The council authorized up to $85 million in special obligation revenue bonds to pay for Floresta Drive road improvements, the new Public Works building, and the Paar roundabouts — repaid with non-property-tax revenues.
At a glance
- Total mentions
- 3
- Last 30 days
- 0
Last discussed Jul 13, 2026.
Impact analysis
Up to $85 million in debt service paid from legally available non-ad valorem revenues.
Motorists on Floresta Drive and the Paar roundabouts corridor, and city Public Works operations.
Mentions & discussions (3)
City Council — July 13, 2026
The council authorized up to $85 million in special obligation revenue bonds to pay for Floresta Drive road improvements, the new Public Works building, and the Paar roundabouts — repaid with non-property-tax revenues.
City Council — June 22, 2026
First-reading approval to borrow up to $85 million in revenue bonds, repaid with non-ad valorem revenues, for Floresta Drive road improvements, the new Public Works building, and Paar Drive roundabouts.
City Council — April 27, 2026
The council approved issuing up to $75 million in bonds to refinance 2016 and 2017 special assessment debt and fund the Torino Regional Park project. Refinancing is meant to save on debt service while bankrolling a major new regional park.
Related development
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