Easton City Council Looks At $17 Million Bond For New City Hall

English: Skyline of Easton, PA from Lafayette ...

English: Skyline of Easton, PA from Lafayette College (Photo credit: Wikipedia)

If things go as scheduled, Easton will float bonds for its new City Hall in two weeks.

The bonds total $17 million, most of which will go toward the new City Hall, with a small amount for other projects. The amount of debt the city plans to take on for its new headquarters is 50 percent more than officials proposed a year ago, but plans have changed.

Easton was going to solicit a private developer to build out for the three-story, 45,000-square-foot building along South Third Street the city plans to erect in front of a 370-space parking deck. Earlier this year the city chose to take on the entire project and move City Hall to the new building and sell the Alpha Building.

The change in plans meant the city needed to borrow an additional $5 million to complete the project.

Read more: http://www.mcall.com/news/local/easton/mc-easton-city-council-introduces-bond-20130925,0,5236996.story#ixzz2g0cuXS79
Follow us: @mcall on Twitter | mcall.lv on Facebook

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s