Ames Tribune
The Ames City Council voted unanimously Tuesday to move forward with the reinvestment district pre-application that could fund a new municipal pool and bring more development downtown.
City officials presented the pre-application for the Reinvestment District, the state program that could give new life to building an aquatics center. The current municipal pool is set for demolition in 2022. The pool has all the elements people wanted before, City Manager Steve Schainker said. With all the development you see coming on, we re going to draw a lot of people downtown.
The city set a fundraising goal of $8 million to help fund the aquatics center. The aquatics center project will cost $27 million and will be funded primarily through general obligation bonds, as the rebate won t be paid upfront.