Police Station Lease Financing

At a glance

  • What: Ordinance 11-26, lease financing for the police station project (the CBC Police Station remodel).
  • Where it stands: Second reading on 2026-09-15; on 2026-10-06 the third-reading version was amended to $17.5 million in borrowing with a 5.6 percent rate cap. Final passage is not confirmed in the notes read.
  • Next: Check the 2026-10-06 minutes and later agendas for the final vote.

Details

  • A financing update was on the 2026-10-06 pre-meeting agenda.

Sources

Log

2026-09-15 - City Council

  • Ord 11-26 (police station lease financing): second reading.

2026-10-06 - City Council

  • Ord 11-26 third reading amended to $17.5M borrowing with a 5.6% rate cap.

2026-10-06 - City Council Pre-Meeting

  • Financing update for the CBC Police Station remodel.