Mayor Steven Reed on Tuesday presented a proposed 2026 Bond Program to the Montgomery City Council, outlining a long-term investment strategy aimed at strengthening city infrastructure, improving neighborhood amenities, modernizing public facilities and supporting continued economic growth across the Capital City.
If approved by the City Council, the proposal would authorize up to $375 million in bond financing, with approximately $350 million dedicated to capital projects throughout Montgomery and approximately $25 million allocated for required bondissuance costs.
Reed said the proposal is designed to position Montgomery for continued growth while making strategic investments that benefit residents today and for generations to come.
“Montgomery is at an important moment in its history,” Reed said. “As our city continues to grow and compete for jobs, visitors and private investment, we must also invest in the infrastructure, facilities and neighborhoods that support that growth. This proposal represents a long-term vision for building a stronger, more competitive and more vibrant Montgomery.”
The proposed bond program focuses on five primary investment areas:
- Convention Center expansion
- Housing infrastructure improvements
- A new sports complex and amphitheater
- City facility and service enhancements
- Neighborhood improvement projects across Montgomery
City officials say the proposal is intended to improve quality of life for residents while strengthening Montgomery’s ability to attract tourism, economic development and private investment.
The proposal will now move through the City Council review process before consideration at an upcoming council meeting.
Over the coming days, city officials will provide additional information about the proposed bond program, including detailed explanations of the projects, investment priorities, the proposed timeline and answers to frequently asked questions.
Residents are encouraged to review the presentation materials and follow future updates as the proposal moves through the public review process.
