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
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