Ordinance 2979 — General obligation bond and bond anticipation authority for public-purpose projects

Summary

Authorizes the city to issue up to $3 million in general obligation bonds and bond anticipation notes for listed public-purpose projects, including neighborhood infrastructure improvements, the Naylor Mill bridge replacement, facility improvements, accreditation work, Popular Hill building improvements, Shuttershock signage, the Westside Community Center, and issuance costs.

Why it matters

This is a broad capital-financing ordinance. It matters because it gives the city borrowing authority for multiple projects rather than treating each one as a standalone funding action.

Sources

• March 23, 2026 Salisbury City Council Transcript Notes (Transcript)