Beltline Refunding Bonds

At a glance

• What: Council authorized refinancing outstanding BeltLine tax allocation bonds: Series 2026A refunding bonds up to $44,605,000 and Series 2026B up to $2,745,000 (ordinance 26-O-1506). Final terms (tax-exempt Series 2026A, taxable Series 2026B, annual principal payments, aggregate principal and interest rates, supplemental indenture, escrow and covenant agreements) come in ordinance 26-O-1598.

• Where it stands: 26-O-1506 was adopted on substitute September 21, 2026 by consent vote, 13 to 0. 26-O-1598 (Wan) was introduced October 19 and referred to Finance/Executive.

• Next: Finance/Executive, October 28, 2026 at 1:30 PM.

• 26-O-1506 was sponsored by Winston as substituted by Finance/Executive; its stated purposes are to refinance all or part of outstanding BeltLine tax allocation bonds under the master indenture and pay certain costs.

• Related: Beltline Tax Allocation District Reserve.

Sources

• Action minutes, City Council regular meeting, September 21, 2026: https://atlantacityga.iqm2.com/Citizens/FileOpen.aspx?Type=15&ID=4133&Inline=True
• Action minutes (draft), City Council regular meeting, October 19, 2026: https://atlantacityga.iqm2.com/Citizens/FileOpen.aspx?Type=15&ID=4149&Inline=True

Log

2026-10-19 - City Council

Final terms ordinance 26-O-1598 introduced and referred to Finance/Executive (October 28).

2026-09-21 - City Council

26-O-1506 adopted on substitute by consent vote 13-0.

2026-10-28 - Finance & Executive Committee Meeting

Final terms of the Beltline tax allocation refunding bonds (26-O-1598) forwarded with no recommendation; on the 11/2 Council agenda.