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Worthington council approves up to $11.4 million in bonds for outdoor pool project
Summary
The Worthington City Council voted to adopt Ordinance No. 16-2025 authorizing the issuance of up to $11,400,000 in bonds to fund construction of a new outdoor pool; staff warned of budget and schedule risks and said more details will be presented before the council’s August recess.
The Worthington City Council on May 19 adopted Ordinance No. 16-2025 authorizing the city to issue up to $11,400,000 in bonds to help fund construction of a new outdoor pool.
City staff told council the bond issue implements a bond levy voters approved on the November ballot and that the design and delivery team are continuing to develop more detailed cost and schedule information. "Since voters approved the bond levy on the ballot last November, the city has been moving forward toward being able to design ... the city is to issue $11,400,000 in bonds to help fund that project," Ms. Stewart said.
The ordinance passed after council approved an amendment to the draft ordinance and then took a roll-call vote. Council President Dorothy and six members present voted yes on the ordinance as amended. The city recorded no votes against the ordinance during the roll call.
Why it matters: The bond will provide the primary capital funding to design and build the outdoor pool authorized by voters. City staff cautioned council that, "due to the construction environment, we are starting to see some challenges with the budget and the schedule," and said staff will return with additional information and options "in the next month or two, certainly prior to your August recess."
Supporting details: Staff said the project team includes the city's design team, an owners' representative and a construction manager at risk. Matt Stout, identified in the meeting as bond legal counsel, attended to answer legal questions about the issuance. Mr. Barter, who presented brief remarks to council, confirmed the ordinance authorizes issuance of the bonds and offered to answer questions.
Discussion and next steps: Council members thanked staff for the work moving the project forward. Council discussion did not authorize additional funding beyond the ordinance; it directed staff to return with updated cost and schedule information for council review before the August recess. The ordinance authorizing the bond issuance is now adopted; staff will follow up as stated.
The council moved on to other agenda items after the vote.
