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Council approves up to $145 million in bonds for Duquesne University project

July 02, 2025 | Allegheny County, Pennsylvania


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Council approves up to $145 million in bonds for Duquesne University project
Allegheny County Council voted unanimously on June 30, 2025, to approve a resolution permitting the Allegheny County Higher Education Building Authority to issue taxable and/or tax‑exempt revenue bonds in one or more series in an aggregate principal amount not to exceed $145,000,000 for the benefit of Duquesne University of the Holy Spirit.

The resolution, recorded as bill 13580‑25 and sponsored by the county executive, declares the financing desirable for the health, safety and welfare of county residents while specifying that the taxing power of Allegheny County shall not be obligated with respect to the bonds.

A committee report noted the Committee on Economic and Job Creation met on June 26 and recommended the resolution for full council approval. “The Committee on Economic and Job Creation met on June 26 and affirmatively recommended this to council,” a council member said when moving the item.

The roll‑call vote recorded 12 yes, 0 no. With the council’s approval, the higher education building authority may proceed with issuance of bonds under the terms described in the resolution; the county’s taxing authority is not pledged to repay the bonds, according to the ordinance language read into the record.

No further details on project scope, bond series timing, or expected use of proceeds were provided in the council discussion recorded during the meeting.

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