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Victoria City Council approved publication of a notice of intent to issue up to $12 million in certificates of obligation for streets and sidewalks, public safety and municipal court facilities, and parks and recreation facilities. Council also approved a construction manager agreement for the Community Center renovation and expansion and a $921,997 stop-loss insurance renewal.
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The $12 million action starts the public notice process for potential borrowing; it does not itself issue the certificates of obligation. If approved later, the funds would support specified street, sidewalk, public safety, municipal court, and parks projects. The council also moved forward with Community Center work and renewed the City's stop-loss insurance coverage.
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