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Bond issue never easy sell, but good case can be made
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newsregister.com Editorials
Bond issue never easy sell, but good case can be madeThe city’s community center has passed the century mark and its aquatic center is about to turn 70.
The only surprise is it taking nine years to get to the point of considering a bond issue that would fund the project.
Rehab estimates ran $25-28 million for the community center and $15-17 million for the aquatic center, compared to $28-30 million and $20-21 million, respectively, for replacement.
The cost of building a combined community and aquatic center facility next to Joe Dancer Park on Riverside Drive ultimately came in at $72.5 million.
The pool and rec center project serves as the core element in a $98.5 bond issue slated to appear on the city’s November general election ballot some 90 days hence.
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