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Norcross City Council discusses funding for $26.9 million public safety building
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Norcross City Council discusses funding for $26.9 million public safety building
Key points:• The Norcross City Council discussed financing the new $26.9 million public safety building, set to be completed in mid-August, through a bond issuance.• City officials and an external financial adviser discussed a plan to borrow $6 million, setting up an annual debt payment of around $500,000. The vote is on April 6.• Norcross officials expressed concerns about potential revenue decline as a result of state legislation affecting hom…
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