Monday, February 20, 2012
THE GUARDIAN learned today via a public records request Caldwell East Urban Renewal Agency will add another $10.4 Million debt (obligation) and hand the money over to Canyon County Commissioners to build a new administrative building. This is an "estimated obligation" at this point in time and will start in 2015 and extend through to 2022 at the rate of $1, 300,000/year for eight years on the easy pay plan for Caldwell taxpayers.
There will be no vote of the people to authorize this obligation but Caldwell citizens will be on the hook to pay for this new county building debt created by CEURA to offset property taxes foregone to the county tax collector.
The new County Admin. Building will be located across the street from the existing courthouse in the current parking lot. Parking will have to be expanded on each side of the new administrative building at 12th and Albany on the east side and 11th and Albany on the west side and will eventually extend to the 10th Avenue overpass if all goes according to plan.
THE GUARDIAN learned of this expansion plan based on a $50K study done by an architectural firm hired by County Commissioners. The plan calls for a $30 Million building but it appears the first phase will be limited to $10.4 Million from CEURA and the good people of Caldwell. Cash from CEURA will start to flow in 2015 at the rate of $1,300,000 per year for the next eight years through 2022.
Here's a link to the Statesman article (today, 2-22-2012) by Kristin Rodine but no mention of the $10.4 MM for new admin. office space.. http://www.idahostatesman.com/2012/02/21/2002975/planning-for-canyon-countys-building.html
Posted by Paul Alldredge at 11:18 AM