What happened
At its Nov. 19 meeting,City Council discussed the possibility of calling for a potential $18 million bond to help fund a pair of projects. If called at a future date, it could appear on the May 3 ballot.
Prior to the discussion, city staff stressed the need to move the police station to a less flood-prone area and build a new public pool as the current pool has leaks.
By the numbers
According to city documents, Seabrook would need the following funds for each project:
- $3 million for the pool
- $15 million for the police station
The city has a total principal amount of $42 million in existing bonds as of September, according to city documents.
Looking ahead
Before the item can appear on the ballot, City Council would have to call for a bond election. Officials would have to do that by February to get it on the ballot for May, according to city documents. If approved, funds for the bond would likely be issued in July, Cook said.