Denver is primed to spend $13 million overhauling the 16th Street Mall, $22 million on a new police station and hundreds of millions more on other projects. by rubinojc
Drawing from a fresh supply of voter-approved bond money, Denver is primed to spend $13 million overhauling the 16th Street Mall, $22 million on a new police station and hundreds of millions more on other projects.
The Denver City Council on Monday night signed off on the city issuing $366.4 million in new general obligation bonds to pay for the laundry list of projects. The bond issuance was approved as part of the council’s consent agenda. Council members did not call the ordinance up for comments or questions.“Elevate Denver” bond package
authorized up to $937 million in spending on some 460 projects across the city. Monday’s measure is the fifth time the city has gotten approval to issue bonds from that package, with at least one more round of bonds likely coming in 2023, officials said. The $246.1 million in Elevate bonds the City Council signed off on will fund more than 30 projects including the, a groundbreaking ceremony for which will be held this week. Denver Police Department District 6, which includes downtown and the Capitol Hill neighborhood, will be getting a new headquarters building supported by $22 million approved as part of Monday’s vote.
The Elevate bonds will also support upgrades to parks and reaction facilities including $17.2 million to fund the construction of a new recreation center in the Westwood neighborhood and $13.2 million for an indoor pool at the Swansea Recreation Center on East 49th Avenue.
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