The City of Roswell is preparing to issue the second and final tranche of General Obligation Bonds, continuing the momentum of voter-approved investments that are transforming the City’s infrastructure, parks, and public safety services. During the Mayor and City Council Meeting on Monday, April 28, the City’s elected officials approved a resolution to declare the City’s intent to move forward with the second issuance of bond funds, totaling $93.4 million. A first tranche of bond funds in the amount of $86.2 million was issued in 2023 and has financed transformational projects throughout the City.
Roswell residents overwhelmingly approved a bond referendum for $179.6 million—the total of the two tranches—in November 2022, supporting long-overdue improvements across three critical areas: (1) recreation, parks, bicycle and pedestrian paths, and sidewalks; (2) public safety (Police and Fire) capital projects; and (3) the construction of a downtown parking deck.
“This second tranche is about finishing what we started—delivering on our promise to the voters,” said Mayor Kurt Wilson. “These investments aren’t just for today. They are generational projects that will shape the Roswell we leave to our children and grandchildren.”
The proposed $93.2 million second bond issuance includes $65.2 million dedicated to expanding parks, sidewalks, and multi-use trails and $28.2 million allocated for essential public safety projects. The City anticipates closing on the bond funds in July 2025, at which point the funds can be used to advance vital public safety improvements, expand pedestrian infrastructure, and enhance the parks system.
Specific upcoming projects that will be funded by the second tranche include major improvements to Riverside Park and Don White Park as part of the River Parks Master Plan, the construction of a new Fire Station #27 in East Roswell, expanded sidewalks and bike paths, renovations to the new Public Safety Headquarters, and the activation of the City’s new 911 Center. These investments will help fulfill the community’s vision for a safer, more connected, and more vibrant Roswell.
The City has made major progress to date on a variety of projects that have been funded through the first bond tranche, released in 2023. Updates about these projects are included on the newly updated bond dashboard located at www.RoswellGov.com/Bonds:
- Park Improvements: River Park improvements, Big Creek Greenway trail upgrades, new turf fields at several parks, and the purchase of Crabapple Center (previously Crabapple Middle School) for expanded parks programming.
- Public Safety Investment: Purchase of the Summit Office Buildings for the City’s new Public Safety Headquarters and the former SharpShooters facility for the new 911 Center.
- Downtown Parking Deck: Land purchased and design/build contract approved. Expected completion of the deck is summer 2026.
Roswell is leveraging bond funding responsibly, ensuring maximum return on investment by carefully managing costs and prioritizing impact. This strategic use of funds underscores the City’s commitment to transparency and long-term financial health. The estimated FY2026 property tax impact on an average home in Roswell ($575,000) is $69/year or $5.75/month.
For project details and ongoing updates, visit www.RoswellGov.com/Bonds.