Summary
The $86.6 million public-private partnership to replace the 40-year-old temporary government center is moving: schematic design is done, due diligence complete, and a guaranteed maximum price is expected within 30 days. Closing on the site is targeted for late fall 2026 with construction starting winter 2027.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jun 16, 2026.
Impact analysis
Annual lease payments of $3.5 million over 35 years — far less than 1% of general fund revenue.
City employees moving out of the decaying Lafayette building and residents who will use the new council chambers and community space.
Taxpayers bear long-term lease costs, and council members flagged interest-rate and construction-cost risk.
Mentions & discussions (1)
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