Cleveland Proposes $13.65 Million Bond to Fund Public Facility Improvements

The City of Cleveland is moving to authorize a bond issuance to fund improvements for various public buildings and structures. Under File No. 919-2026, the city would issue and sell bonds in a maximum principal amount of $13,650,000 to retire outstanding bond anticipation notes that were previously used to provide these improvement funds.

What's in the file

The proposed emergency ordinance seeks to replace short-term debt with long-term bonds to support the discharge of governmental functions and services that benefit public safety, health, and welfare. According to the legislative record, the authorized funds are designated for the provision of:

These investments support the infrastructure required for city services, including those managed by the Department of Public Safety, which oversees activities such as police, fire, and emergency management.

Who may be affected

Status and timeline

  1. 2026-08-13: The ordinance was introduced and received its first reading.
  2. 2026-09-14: The Finance, Diversity, Equity and Inclusion Committee recommended the ordinance for approval.
  3. 2026-09-14: City Council approved the ordinance.

Residents can verify the details of this legislation by reviewing the official record for File No. 919-2026 through the Cleveland City Council website.

Source record

File
919-2026
Type
Emergency Ordinance
Status
First Reading
Committee
City Council
Introduced
August 12, 2026

View on Cleveland Legistar

Official documents

Sources