County staff outline 2026 capital plan, bonding options for Project Alpha and $2.5M in carryover projects
Director Chase presented the 2026 capital improvement plan and deferred maintenance strategy; administrators described funding options for Project Alpha including four down‑payment scenarios that could reduce 30‑year interest costs by $5.1M–$20.1M depending on the amount applied, and asked for more pension and cash‑flow details before a final decision.
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Grand Traverse County’s facilities director presented the 2026 capital improvement plan (CIP), reviewed 2025 outcomes, and laid out funding options and risks for major upcoming projects including Project Alpha.
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