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Council approves adding active-adult center to COP collateral pool, 5-2
Summary
The Greeley City Council on Sept. 12 approved a resolution to add the active-adult center to the collateral pool for the city's 2025 certificates of participation, a change prompted by title work showing the recreation center and active-adult center sit on the same parcel; the motion passed 5-2 after council debate about collateral and financing.
GREELEY, Colo. — The Greeley City Council on Sept. 12, 2025, adopted a resolution to add the active-adult center to the property pool backing the city's 2025 certificates of participation (COPs). The measure passed 5-2 after council members questioned the repeated revisions to the collateral list.
City staff said the change was necessary after title work for the recreation center showed the active-adult center is on the same parcel and therefore must be included in the COP collateral list. "We are adding the active adult center to the…
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