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Atlanta proposes up to $47.35 million in Beltline refunding bonds

The substituted ordinance would refinance some or all outstanding Beltline tax-allocation bonds and pay issuance costs, not allocate $47.35 million to new construction.

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A newer report updates this story. Atlanta council authorizes up to $47.35 million in Beltline refinancing bonds →

A substituted ordinance on Atlanta City Council’s Sept. 21 agenda proposed issuing and selling two series of Beltline tax-allocation refunding bonds: up to $44.605 million in Series 2026A and up to $2.745 million in Series 2026B. Their combined proposed principal ceiling is $47.35 million. The agenda does not establish authorization of a sale.

Sources01p. 101p. 6

The stated purpose is to refinance all or part of Atlanta’s outstanding Beltline tax-allocation bonds and pay certain issuance costs. The measure does not identify a new Beltline construction allocation.

Sources01p. 6
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  1. Atlanta council authorizes up to $47.35 million in Beltline refinancing bonds

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