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Ames Tribune
The Ames City Council voted to fund $17.5 million of a new $27.5 million aquatic center through general obligation bonds without voter s say Tuesday.
With $10 million already fundraised for the project, the city needs to cover the remaining $17.5 million through general obligation bonds. Iowa s Reinvestment District Program, which could bring $10 million in tax rebates to Ames, will retroactively fund a portion of the project, but the city will need to use bonds upfront. It is not a usual thing for us to move forward with a matter like this without taking it to the voters for their input, Councilmember Tim Gartin said. But I think, given the importance of this, the timing of this and the input we ve already received . I think this is one of the most consequential votes I ve taken on city council.
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