✖ Construction Reporter

Show Password Forgot Password?

Not a Member? Start a free-trial today!
Construction Reporter
  • Home
  • Services
    • Planroom
    • Printing
    • Project Upload
    • Architects & Owners
    • General Contractors
    • Subcontractors
  • Free Trial
  • Become a Member
  • Magazine
  • News
  • Contact Us
  • About
    • About
    • FAQs
    • Privacy Policy

el paso city council oks package of capital improvement projects

5/9/2018

0 Comments

 
Picture
Work building a $2.5 million visitors center at the San Jacinto Plaza in downtown El Paso may begin later this year, now that the project has been approved as part of a larger citywide capital improvement plan.

On a 5 to 3 vote, members of the El Paso City Council have given a green light to some $94 million in capital improvement projects that will be partially funded through the issuance of certificates of obligation.

Those certificates will bring with them a 1 percent increase in city property taxes. The rest of the projects will be funded by about $150 million in Quality of Life bonds approved by El Paso voters in 2012, with another $30 million coming from existing capital improvement money.

Besides the highly visible San Jacinto visitors center project, upcoming El Paso capital improvement projects include $12 million for the site preparation and building of both a media studio and conference center at the site of the Cohen Stadium.

That stadium is slated to be demolished to make way for a new mixed-use entertainment district.

Plans are also in the works for the $5.2 million construction of what is being called the Westside Conference Center in the city’s Council District 1; along with $1.5 million for the Alameda Recreation Center field at 7330 Alameda Avenue on the southeast side of the city.

The largest chunk of money, more than $64 million, will go for improvements to what are regarded as the most-travelled roads in various parts of El Paso.

The debt incurred as part of El Paso’s capital improvement plan will be absorbed into the 2019 fiscal year budget, with other sources of funding for the various projects to come from the city’s lodging tax and possible public/private investment.

By Garry Boulard

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Get stories like these right to your inbox.
    ​Sign up for our newsletter

    Subscribe

    Archives

    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017

    Categories

    All

AFFILIATES

Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
HOME
PLANS & PRICING
FREE TRIAL
MAGAZINE​
BECOME A MEMBER
PRINTING SERVICES
FAQS
CONTACT
​ABOUT

TIMELY, RELIABLE NEWS SINCE 1949 ​Construction Reporter
​
4901 Mcleod Rd NE STE 200A
Albuquerque NM 87109


​Phone: (505)-243-9793
Toll Free: (877)-292-5793
​Fax: (505)-242-4758

Copyright © 2022 Construction Reporter
User Agreement   Privacy Policy   Archive Policy
  • Home
  • Services
    • Planroom
    • Printing
    • Project Upload
    • Architects & Owners
    • General Contractors
    • Subcontractors
  • Free Trial
  • Become a Member
  • Magazine
  • News
  • Contact Us
  • About
    • About
    • FAQs
    • Privacy Policy