2026 BOND PROGRAM:

CITYWIDE IMPROVEMENTS & REGIONAL IMPACT

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MAYOR STEVEN L. REED

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“Build a stronger, more competitive, more vibrant Montgomery.”

WHY THIS BOND MATTERS

GROWTH

Montgomery is at a pivotal point for growth.

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SUPPORT

Supports essential City Services, neighborhood improvements, and major development projects.

REVITALIZATION

Positioned to align with long-standing downtown revitalization goals noted in key planning studies, including the need to grow human activity and retail strength downtown.

STRENGTHENS

Strengthens economic competitiveness for jobs, tourism, and private investment.

Major Citywide Investments

$200M

$15M

$45M

$50M

$40M

Convention Center Expansion

Housing Infrastructure

Sports Complex + Amphitheater

Facility / Service Enhancements

Neighborhood Projects

BOND STRUCTURE & FISCAL RESPONSIBILITY

• Total Authorization: Up to $375M

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• Project Funding: $350M

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• Additional Costs (~$25M): Required bond issuance costs

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• Maintains the City’s tradition of strong fiscal management.

Investment designed to grow revenue over time through tourism, business activity, and strengthened neighborhoods.

Modernization and expansion support tourism, conferences, and hospitality growth.

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Expected Outcomes:

• Job creation

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• Increased hotel stays and visitor spending

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• Stronger retail and restaurant clusters

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CONVENTION CENTER:

A REGIONAL ECONOMIC

• Radiates outward: boosts neighborhoods, encourages business growth, and expands economic opportunity.

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• Supports retail recruitment, walkability, and public activity.

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• Helps Montgomery remain competitive with peer cities for talent, employers, and tourism.

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DOWNTOWN REVITALIZATION

- REGIONAL REVITALIZATION

• Bond funding enhances public safety facilities, infrastructure, parks, transportation corridors, and essential service delivery.

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• District specific investments developed with Council input.

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• Supports ongoing community development.

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DISTRICT IMPROVEMENTS

& CITY SERVICES

Next Steps

“This bond is an investment in our people,

our future, and our regional strength.”

CITY COUNCIL CONSIDERATION AND VOTE

TIMELINE