City Manager Dana Foster is recommending approving the most ambitious option of several he presented: building a three-story, 30,000-sf municipal building on the site of the current city hall, one block off West Main Street on the Mill Pond. The plan includes:
* $4.6 million for a new, 30,000-sf city hall.
* $2.1 million for the Mill Pond Lane and municipal complex improvements.
* $800,000 for the police building expansion.
* $376,000 in financing costs.
The city could approve any or all of the projects. Already budgeted for next year is a $515,000 expansion of the department of public services building next to the police station.
Foster is recommending that all three components be undertaken at the same time, saying the municipal complex and Mill Pond Lane projects, previously adopted by council. Foster is recommending 50% of the cost be financed through a new Downtown Development Authority bond issue, and the other half by city capital improvement bonds.
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