Montgomery Council Votes on $375M Bond | Birmingham News

Birmingham AL News Today | 2 Min News | The Daily News Now! · Jul 7, 2026 · 1m

Montgomery City Council faces a pivotal moment this Tuesday as they prepare to vote on a $375 million bond issue—fueling major downtown ambitions including a new arena and expanded convention center. Spearheaded by Mayor Steven Reed, the plan builds on last year’s purchase of the former Advertiser building and involves issuing tax-exempt general obligation bonds. The vote could reshape the city’s future infrastructure and economy, with funds covering not just construction but also bond servicing fees. This decision could either launch or stall Montgomery’s boldest urban development push yet…