Atlanta City Council Adopts Series 2026 Water and Wastewater Sustainability Bonds Pricing Ordinance
At a glance
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At a special called meeting on May 13, 2026, the Atlanta City Council (quorum present) unanimously adopted Substitute Ordinance 26-O-1259 setting terms for the City of Atlanta Water and Wastewater Subordinate Lien Revenue and Revenue Refunding Bonds, Series 2026 (Sustainability Bonds). The communication calling the special meeting was accepted and the ordinance was sent to the Mayor post haste. There were no public remarks.
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Key decisions
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- Adopted Substitute Ordinance 26-O-1259 (Series 2026 supplemental pricing ordinance) by roll call vote of 8 yeas; 0 nays, establishing terms for the City of Atlanta Water and Wastewater Subordinate Lien Revenue and Revenue Refunding Bonds, Series 2026 (Sustainability Bonds).
- Motion to substitute Ordinance 26-O-1259 was adopted (8 yeas; 0 nays).
- Communication from Council President Marci Collier Overstreet calling the special called meeting (26-C-5045) was accepted and filed without objection.
- Agenda for the special called meeting was adopted without objection by unanimous consent.
- Ordinance 26-O-1259 was ordered sent to the Mayor post haste.
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Meeting information
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Atlanta City Council - Special Called Meeting
Agenda
- 26-C-5045 : A COMMUNICATION FROM COUNCIL PRESIDENT MARCI COLLIER OVERSTREET CALLING A SPECIAL CALL MEETING OF THE ATLANTA CITY COUNCIL ON WEDNESDAY, MAY 13, 2026 AT 9:30 A.M. (26- O- 1259).Decision: Communications
- 26-O-1259 : AN ORDINANCE BY COUNCILMEMBER ALEX WAN AS SUBSTITUTED BY THE ATLANTA CITY COUNCIL SERIES 2026 SUPPLEMENTAL PRICING ORDINANCE SUPPLEMENTING THAT CERTAIN SERIES 2026 BOND ORDINANCE (26-O-1184), ADOPTED BY THE ATLANTA CITY COUNCIL ON MARCH 16, 2026 AND APPROVED BY THE MAYOR ON MARCH 17, 2026, TO, AMONG OTHER THINGS, SET FORTH THE TERMS OF THE CITY OF ATLANTA WATER AND WASTEWATER SUBORDINATE LIEN REVENUE AND REVENUE REFUNDING BONDS, SERIES 2026 (SUSTAINABILITY BONDS), INCLUDING THE ORIGINAL AGGREGATE PRINCIPAL AMOUNT, INTEREST RATES, MATURITY AMOUNTS AND MATURITY DATES; RATIFYING CERTAIN PRIOR ACTIONS OF THE OFFICERS AND AGENTS OF THE CITY WITH RESPECT TO THE ISSUANCE AND SALE OF THE SERIES 2026 BONDS; RATIFYING AND APPROVING THE EXECUTION AND DELIVERY OF A BOND PURCHASE AGREEMENT; RATIFYING AND APPROVING THE PREPARATION, USE, AND DISTRIBUTION OF A PRELIMINARY OFFICIAL STATEMENT AND THE EXECUTION AND DELIVERY OF A FINAL OFFICIAL STATEMENT IN CONNECTION WITH THE OFFER AND SALE OF THE SERIES 2026 BONDS; PROVIDING FOR APPLICATION OF PROCEEDS AND BOND PREMIUM; AND FOR OTHER RELATED PURPOSESDecision: Legislation For Consideration
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