Agenda - View Meetings (All)

Bond Advisory Committee

Meeting Date:

01/08/2026

Department:

City Manager

AGENDA CAPTION:

Consider action on making a recommendation to the Addison City Council including the calling of a bond election regarding a capital project to address the Town's Police and Courts facility.

BACKGROUND:

On October 14, 2025, City Council passed Resolution R25-085 (copy attached to this agenda item) to create a Bond Advisory Committee and provide a charge for the Committee. Per the enabling resolution, the “Committee shall make recommendations to the City Council concerning the Project (a future capital project to address the Town’s aging police and courts facility) and the monetary amount of the bond program to be considered by the public at the May 2026 election.”

The City Council requested the Committee to review and consider the following options and costs for the Project:

1. To remodel the existing police and courts facility or build a new facility at the existing site;
2. To purchase and remodel a vacant building; or
3. To construct a new police and courts facility on property currently owned by the Town and/or through the acquisition of new property.

As previously reviewed with the Committee, the approach for how the recommendation is structured and presented to Council can be determined by the Committee.

FISCAL IMPACT

Staff have provided and reviewed cost estimates for each option and other requested financial information.

RECOMMENDATION

For Committee consideration.

Attachments

Resolution No. R25-085 - Bond Advisory Committee Creation