The Omaha City Council approved an ordinance this week that paves the way for the potential sale of $50 million in streetcar bonds to Mutual of Omaha.
The Omaha City Council met Tuesday at the City-County Building downtown and approved an ordinance that establishes a lease-purchase program for building and equipping the streetcar system, and for selling up to $50 million in lease-purchase bonds to a private institutional investor.
Photos: Omaha officials provide update on Omaha Streetcar Project
Jay Noodle, Omaha Streetcar Authority chairman, and Omaha Mayor Jean Stothert answer questions on the progress of the Omaha Streetcar project during a news conference in Omaha on Tuesday, Nov. 7, 2023.
NIKOS FRAZIER THE WORLD-HERALD
Jay Noodle, Omaha Streetcar Authority chairman, answers questions on the progress of the Omaha Streetcar project during a news conference in Omaha on Tuesday, Nov. 7, 2023.
NIKOS FRAZIER THE WORLD-HERALD
Nick Stadem, HDR project manager, and Omaha Mayor Jean Stothert answer questions on the progress of the Omaha Streetcar project during a news conference in Omaha on Tuesday, Nov. 7, 2023.
NIKOS FRAZIER THE WORLD-HERALD
Heath Mello, Greater Omaha Chamber president, answers questions on the progress of the Omaha Streetcar project during a news conference in Omaha on Tuesday, Nov. 7, 2023.
NIKOS FRAZIER THE WORLD-HERALD
An artist’s rendering shows the streetcar vehicle maintenance facility near Lot A of the CHI Health Center.
HDR, CITY OF OMAHA
Artist's rendering of a Omaha streetcar station shelter.
HDR, BY CITY OF OMAHA
A look at four types of possible streetcars for the future Omaha Streetcar line. The city plans to buy six streetcars, at a cost of about $6 million each, said Mayor Jean Stothert.
CITY OF OMAHA
An artist’s rendering of the Omaha streetcar median station stop in the Blackstone District, at 34th and Farnam Streets.
The Omaha City Council met Tuesday at the City-County Building downtown and approved an ordinance that establishes a lease-purchase program for building and equipping the streetcar system, and for selling up to $50 million in lease-purchase bonds to a private institutional investor.
