Prosper officials will fund a new fire station and park through town bond funds.
The breakdown
Prosper Town Council members during a July 23 meeting approved three resolutions allowing town staff to issue up to no more than $69.1 million in bond funds.
- $33 million in tax and surplus revenue certificates of obligation
- $36 million in general obligation bonds
- $33 million in water and sewer revenue bonds
The first and third resolutions are for the same project—kickstarting construction to expand the Doe Branch Water Reclamation Plant and parallel interceptor, a more than $242 million project shared with the city of Celina.
