Montgomery Mayor Proposes $375 Million Momentum 2040 Bond Program
Mayor Steven Reed has proposed up to $375 million in bonds for Montgomery projects, with City Council approval still required before the plan can advance.
Mayor Steven Reed has proposed up to $375 million in bonds for Montgomery projects, with City Council approval still required before the plan can advance.
Montgomery officials have outlined a proposed $375 million Momentum 2040 bond initiative, while the City Council’s final action on the measure remains unsettled.
Montgomery officials say the city is in a strong financial position to support a proposed $375 million bond initiative tied to the Momentum 2040 investment strategy. The proposal has not been approved, and the city has not yet detailed projects or an authorization timeline.