What's on the Ballot: Town of Avon Voters

The Town of Avon is seeking approval for funding of the Avon Police Department portion of a joint Public Safety Facility in Avon. Ballots will be mailed to registered voters on April 11. Ballot return deadline is May 3, 2016 at 7:00 p.m. Ballot may be returned by mail or in person at Avon Town Hall, located at One Lake Street.


AVON VOTERS:

Approval for the Town of Avon to issue Certificates of Participation (COPs) in an amount up to $6.5 million to construct a new Avon Police Station. The funding is proposed in a 20-year debt issue, payable from the existing taxes, with appropriation of Real Estate Transfer Tax (RETT) as the source of payment, with annual debt service averaging $413,224 per year. No new taxes or tax increases are required for the new debt issue. The Town has recently retired debt using RETT, making these annual receipts available for funding the Police Department’s facility.

Ballot Question:  

Without raising any taxes, shall Ordinance No. 16-02 be approved and shall the Avon Town Council thereby be authorized to use certificate of participation financing, with a principal amount not to exceed $6.5 million, to construct a new police station facility in accordance with the terms of Ordinance No. 16-02? 



Current Staffing:
Sworn Officers: 18    Admin: 2.5
Projected Staffing:
Sworn Officers: 26    Admin: 3


Space Needs Analysis:     Square Feet
Current:                                  4,800
Current Deficiency:               4,100
New Facility:                       10,419

Project Costs: Based upon 2/15/16 Pricing
Building & Parking:       $ 5,396,112
Land:                                    875,000
Total:                              $ 6,248,112

Project Funding:
Financing Instrument: Certificates of Participation
Bond Debt Period: 20 years
Average Interest Rate: 2.547%
Annual Debt Payment: $ 413,224  

Source of Payment:
Existing Taxes. No tax increase or new tax required

Joint PSF Public Meetings:
March 2, 6:15 pm – Avon Library
March 23, 5:30 pm – Avon Police Department
April 11, 5:30 pm – ERFPD Station 7, Avon
April 27, 5:30 pm – Avon Police Department



If approved, groundbreaking for the Joint Public Safety Facility is expected to begin the summer of 2016.

For Resolution No. 16-03 and Ordinance No. 16-02, visit: www.avon.org

Please Support Your Police Department

by Voting YES on May 3rd!