OKC GOs for Development

Most of the capital projects being funded during the first years from the $835.5 million of general obligation bonds approved by Oklahoma City voters in December will be related to downtown development, officials said last week.

The projects, which include acquiring the land for a new downtown park and infrastructure work related to a roadway that will replace Interstate 40 after its ongoing relocation, will cost about $211 million, the city said.

Projects included in the first three years of the bond program include $53 million to repave streets, a $35.3 million renovation of the city’s police headquarters and municipal court building, $27.9 million of arterial street expansions, a $10 million bridge project, $7 million of new city buses, and a new $3 million police briefing station,

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER