Nashville Metro CouncilRS2026-1771Passed

This resolution authorizes the issuance and sale of general obligation improvement bonds up to $660,000,000. It also provides for the levy of ad valorem taxes to pay the debt service on these bonds.

Resolution authorizing the issuance, sale and payment of general obligation improvement bonds in an aggregate principal amount not to exceed $660,000,000; and providing for the levy of ad valorem taxes for the payment of debt service on the bonds.

Kyonzte Toombs
Introduced 1/22/2026Metropolitan CouncilResolution
→ Passed 2/3/2026

What it does

  • 1Authorization to issue general obligation improvement bonds not exceeding $660,000,000
  • 2Provision for the sale and payment of the bonds
  • 3Levy of ad valorem taxes to cover debt service payments

This resolution authorizes the issuance and sale of general obligation improvement bonds up to $660,000,000. It also provides for the levy of ad valorem taxes to pay the debt service on these bonds.

Affects
Metropolitan Government of Nashville and Davidson CountyTaxpayers subject to ad valorem taxes

Legislative history

2/5/2026
Mayor
Referred without comment
2/3/2026
Metropolitan Council
The resolution was approved by the Budget and Finance Committee.
2/2/2026
Budget and Finance Committee
Referred without comment
1/27/2026
Metropolitan Council
Referred without comment

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