Avon approves Avon Landing bonds, pledges revenues; declares four police vehicles surplus and OKs Civic Center closing

AVON, Colo. — The Avon Town Council on Feb. 27 approved a set of financing and administrative actions tied to local development and town operations, including a bond authorization for the Avon Landing project, a pledge of general-fund revenues to secure lease-rental bonds, authorization for the closing on the Civic Center property purchase, and a resolution declaring four police vehicles surplus and eligible for auction.

The council adopted the Avon Landing bond ordinance — authorizing the Economic Development Commission to issue bonds not to exceed $1,900,000 — and separately approved an ordinance pledging general revenues to back lease-rental payments tied to the Civic Center bonds. Both measures passed by roll-call votes of the councilmembers present. The council also adopted a resolution authorizing the town manager to attend and sign documents at the Civic Center property closing and approved a resolution declaring four police vehicles surplus so they can be sold at auction.

Why it matters: The bond authorization provides local…