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Council reviews proposed reallocation of leftover 2019 CO funds; large share eyed for new fire station
5774591 · August 26, 2025
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Summary
Staff proposed reallocating roughly $11.5 million of remaining 2019 certificate of obligation funds to projects including $10.9 million to a new fire station, $384,000 for an OPD secure parking fence and $100,000 for park irrigation; council expressed support pending formal vote.
City staff presented a proposed reallocation of approximately $11.5 million of remaining 2019 certificate of obligation (CO) proceeds to relieve pressure on multiple fund balances. Finance staff outlined…
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