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The Colony
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$9.5 Million Certificates of Obligation

The Colony

Summary

The city took the first step toward borrowing up to $9.5 million for streets, drainage, water and sewer, police and fire facilities, and fleet vehicles. No tax election is required for this debt type; the actual issuance comes back to council April 21.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Feb 17, 2026.

Impact analysis

💰Financial impact

Up to $9.5 million in new city debt, repaid from future budgets — no tax election required.

✅Who benefits

Residents get funded street, drainage, water, and public safety capital projects.

Mentions & discussions (1)

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