(Arnolds Park)– Meeting in special session Tuesday evening, the Arnolds Park City Council adopted a resolution to issue not to exceed $15 million in general obligation bonds to build a new complex housing city offices, library, police department and fire station. The action followed a public hearing. A resort owner expressed some concern over the city taking on the debt, requesting elected officials be good stewards of taxpayer money. City officials say they remain committed to keeping the property tax levy stable, siting increasing property values, new construction and continued growth in hotel-motel tax revenues. City Clerk Linda Nase explains how the borrowing will be paid back…
The council also hired a Construction Manager at Risk to help oversee the project which will be constructed at the current city hall location…
Nase says the timeframe for the project depends on a couple of things…
City officials say they’ve simply outgrown the current facility and that it wasn’t feasible to renovate it.
The council also went into a closed session Tuesday evening to discuss a possible real estate transaction.
