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Boca Raton staff outline $190 million police headquarters; financing put before voters
Summary
City staff updated the council on a proposed police headquarters project estimated at $190 million and said voters will decide a bond authorization (Question 1) on the March 10 ballot to finance up to $175 million of general‑obligation bonds alongside $15 million in cash.
City staff on Tuesday presented council members with an updated plan for a consolidated police department headquarters and a recommended financing approach that will appear on the March 10 ballot.
The project is estimated at $190 million, staff said. The proposed financing package includes $15 million in cash and up to $175 million in general‑obligation bonds; bond repayment was projected in staff materials as a 30‑year schedule. Deputy City Manager/CFO Mr. Zervas told the council the bond approach is conventional for large public facilities, and…
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