TEMPORARY BARRIERS are already up around the Civic Center Park on Euclid Street in Garden Grove as construction begins for a new police facility, attached garage and a new park, The existing Civic Center Park – including its water features – will be replaced with the structures (Tribune photo).
Another giant step toward a giant change in the city’s central core was taken by the Garden Grove City Council at its meeting on Tuesday night.
On a 7-0 vote, the council approved a resolution to issue $140 million in revenue bonds to finance the construction of the “Civic Center Revitalization Project,” which includes the construction of a new police facility, an attached parking garage and the creation of a new park nearby.
The total cost of the project is estimated to be $152 million. A total of $12 million was set aside in 2021-22 to begin the planning phase of the project with the balance of $140 million will be paid through the sale of bonds.
Annual debt service of $9 million is projected for the next five years.
The new police building will be located at the corner of Acacia Parkway and Euclid Street in the civic center-downtown area of the city. The existing Civic Center Park will be torn up, including the water elements and bridges created around 1980.
The next meeting of the council will be on Tuesday, April 23.
Categories: Garden Grove
who pays interest on bonds? Taxpayers do so, the city council just placed another tax on the citizens of GG and we don’t even get to vote on it. What happened with the money from the 1% increase in sales tax. They will be back for more taxes before you know it. Government needs to live with their means