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Brookfield board accepts community center feasibility study, directs staff to analyze bond options and capital trade-offs
Summary
After reviewing a final feasibility study estimating a 33,600 sq ft community center at about $25 million, the Committee of the Whole directed staff to pursue detailed bond-counsel analysis and present trade-offs with other capital needs (streets, alleys) before any referendum decision; a $13–15M funding gap was identified for an early referendum option.
The Village of Brookfield Committee of the Whole accepted the final community center feasibility study on Monday and directed staff to produce more detailed funding scenarios, including consultations with bond counsel, before asking voters to consider any referendum.
Staff presenter Stevie summarized the study’s findings: a proposed 33,600-square-foot facility with current construction cost estimates of $25,000,000 and an escalation allowance that could add roughly $2,000,000 by 2027. The study’s survey work showed roughly half of respondents were willing to pay the modeled referendum amounts; about one-third expressed dissatisfaction with current recreation opportunities. According to the study, the business pro forma aims for…
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