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New Prague council preliminarily approves up to $10.415 million in bonds for new police station after heated public hearing
Summary
After a public hearing with dozens of residents weighing in for and against, the New Prague City Council voted to approve a capital improvement plan and preliminarily authorize the issuance and sale of up to $10,415,000 in general obligation CIP bonds to fund a proposed new police facility.
The New Prague City Council voted to approve a capital improvement plan and gave preliminary authorization for the issuance and sale of general obligation capital improvement plan bonds totaling up to $10,415,000 to fund a proposed new police station.
The action followed a public hearing during which residents and local contractors expressed sharply divided views about the project’s size and cost. Opponents urged delay, more resident engagement and value engineering; supporters said the current police facility is functionally obsolete and the community should invest in a modern facility.
Rebecca Kurtz of the city’s financial adviser, Ellers, told the council the updated pre-sale report ties the proposed maximum bond amount to current bids and to 2025 property valuation figures. Using updated market values,…
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