ST. CHARLES – The city plans to issue up to $15.7 million in general obligation bonds to fund several projects, including the completion of the new police station on the site of the former Valley Shopping Center on the city’s west side.
During the St. Charles City Council’s Government Operations Committee on May 20, aldermen recommended approval of the bond issue. The full City Council is set to vote on the matter at its June 3 meeting.
As St. Charles Finance Director Chris Minick told aldermen, $11.5 million of the $15.7 million in bonds will be used to finance several projects, including the new police station, Rita Avenue and Nicholas Avenue street reconstruction, Seventh Avenue Creek improvements, 10th Street water tower painting and the first phase of the city’s advanced meter infrastructure implementation.
The rest of the bonds will be used to fund the street, wastewater and building improvements proposed in the 2018-19 budget, Minick said.
“The city has expended funds on several of the 2018-19 projects and the bond proceeds will reimburse the city for purchases and improvements to date, as well as allow for the completion of these improvements,” Minick said.
The Rita Avenue and Nicholas Avenue street reconstruction will include the replacement of the water main, the addition of a new sanitary sewer, storm sewer improvements and reconstruction of the roadway. Additional work will include replacement of all curbs, sidewalks, and driveway aprons.
A new state-of-the-art 56,000-square-foot police station is being built on the site of the former Valley Shopping Center on the city’s west side. The station, set to open by the end of the year, is expected to serve the city’s needs for 50 years. Some of the building’s features include a sophisticated evidence room with bar-coding system, advanced lock-up facility and secured area for attorneys to speak with suspects in custody, attached squad car garage, training room, wellness center and community room for public use.