Council Approves Bond Sale Ahead Of November Ballot Issue
Columbus City Council last night approved legislation related to the bond package voters will see on the November ballot. The legislation allows the city to sell nearly 482 million dollars in bonds to fund a slew of capital improvement projects, including water and sewer systems, a new fire station, fire vehicles, improved refuse collection and street resurfacing. The bonds are part of the recently approved capital improvements budget. City Auditor Hugh Dorrian says if voters approve the bond package, their taxes will not increase.
Dorrian says another 11 million dollars in bond sales will fund two city parking garages.
Voters will see a 950 million bond package on the November ballot. Voters last approved a bond package in 2013.