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Home/City Hall/City Council February 2 2026

Bloomington City Council

February 2, 2026Watch full meeting
  • Council approves $18.27M in sales tax revenue bonds for Nine Mile Creek Corridor project

    The council unanimously (7-0) adopted a resolution authorizing the sale of General Obligation Sales Tax Revenue Bonds, Series 2026A, in the amount of $18,265,000 — the final bond issuance for the $155 million Nine Mile Creek Corridor project. CFO Lori Economy-Scholder reported strong demand with 16 bidders and a true interest cost of 3.38%; proceeds arrive around March 3. The city retained its rare triple-AAA bond rating (one of 36 municipalities nationwide out of 19,000).

    Council approves $18.27M in sales tax revenue bonds for Nine Mile Creek Corridor project
    via February 2, 2026 Bloomington City Council Meeting (18:36)

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