Macomb commissioners OK $45M in improvement bonds
Mount Clemens — Commissioners on Thursday backed using up to $45 million in bonds to renovate several county buildings and transform downtown Mount Clemens .
The $65 million downtown revitalization plan includes renovations to the County Administration, Old County, Circuit Court and Talmer buildings and the Clemens Center.
More than $9 million from an April 2013 insurance settlement from an electrical fire that closed the Old County Building, and more than $10 million from the general fund will cover the difference in cost.
"I think it will be a wonderful thing for our city," City Commissioner Denise Mentzer said.
The board on Wednesday adopted a resolution authorizing issuing the bonds, which will be repaid over 15 years.
"This is comprehensive, strategic and financially responsible, and it is in the best interest of our long-term future," said David Flynn, board chairman.
The costs include $37.3 million to upgrade fire alarms and heating and ventilation systems, $6.7 million to demolish a parking deck and build a new one with 700 spaces, $6.7 million in information technology, and $6.7 million in repair and replacement projects.