Polk County Courthouse Maintenance Bond

PROPOSED COURTHOUSE COMPLEX
BUILDING IMPROVEMENTS BOND

Purpose: Courthouse Complex Building Improvements bond to address maintenance on the Courthouse Complex. 

Proposed Election: May 15, 2018

Term of the Bond: 15 years 

Proposed Amount: $9,700,000

Year #1: $0.11/$1,000 assessed value

Life of the Bond: Approximately $0.10/$1,000 assessed value; The cost to the taxpayer that owns a house with an assessed value of $250,000 will pay approximately $25/year for the life of the bond.

Current Status: SEL 801 filed with the County Clerk on March 7, 2018.

Identified Projects:

The primary maintenance needs that would be addressed are new roof (Annex), HVAC replacement/upgrades both buildings, window replacement both buildings, ADA improvements (ramps, restrooms, etc.) both buildings, elevator replacement (both), asbestos abatement (if needed), exterior restoration/sealing of the Historic Courthouse, exterior renovation of the Annex, expansion/remodel for the Sheriff’s Office, tile replacement Historic Courthouse floors, basic earthquake upgrades, emergency generator relocation, security upgrades, exterior landscape for Courthouse Square, parking lot improvements, and many more.