Committee authorizes notice of intent and moves forward on CIP bond planning for Pontiac redevelopment and county facilities The committee approved a notice of intent to publish for limited-tax general-obligation bonds for the Pontiac redevelopment (31 Judson) and authorized planning for a county capital-improvement bond tranche (initial $232M draw focused on high-priority work). The actions create debt-service and project funds and set an earliest issuance timing in February.

Oakland County is taking bold steps towards revitalizing Pontiac with a $232 million bond initiative that could transform local infrastructure starting as early as February!

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