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Council approves second reading of installment-purchase bond for police and fire training facility
Summary
On Aug. 11, the Goose Creek City Council gave second and final reading to an ordinance authorizing an installment-purchase revenue bond to fund construction and equipping of a joint police and fire training facility; council approved the ordinance by voice vote and delegated authority to execute related documents.
The Goose Creek City Council approved on second and final reading an ordinance authorizing the city to enter an installment-purchase transaction to fund construction, reconstruction, acquisition, installation, renovation and equipping of hospitality and public safety facilities, including a joint police and fire training facility.
Mayor (speaker 1) described the transaction as "an installment purchase revenue bond essentially to build our police and fire joint training facility." The ordinance delegates authority to the mayor and city administrator to execute the required documents, approves issuance of bonds by the Goose Creek Municipal Finance Corporation, and amends the FY2026 budget to provide for the transaction. Council moved, seconded and approved the ordinance by voice vote.
The meeting transcript records the council's approval on second reading; no substantive amendments or public testimony were recorded at the time of the vote.
