“The council on Tuesday held a public hearing on the multipart proposal to issue general obligation bonds. It is set to vote on the package on Jan. 30.
The city issues such bonds every four to five years, though the total amount this year is the largest in recent times. The bonds would pay for projects detailed in Mayor Jean Stothert’s latest capital improvement plan.
More than half of the new bonds — $151.3 million — would be used to build, widen and improve streets.”
Excerpted from “City’s $227.5 million bond proposal won’t raise taxes, council emphasizes“, published January 24, 2018 in the Omaha World-Herald