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Crestview council authorizes up to $30 million loan for facilities, using non-ad valorem revenues
Summary
Council approved Resolution 2026-09 authorizing a loan not to exceed $30 million (non-ad valorem revenue-backed) to fund capital projects including a new Public Works complex, Fire Station 3 renovations and reimbursement for a property purchase.
The Crestview City Council on Jan. 12 authorized staff to proceed with a loan through the Florida Municipal Loan Council not to exceed $30,000,000 to fund capital projects that the city described as mission-critical.
City management traced the request to a 2018 facilities study that identified vulnerabilities in older buildings, including police evidence storage and auxiliary facilities. The…
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