Published: Feb 03, 2010 02:00 AM
Modified: Feb 03, 2010 11:31 AM
Incurring debt is never an easy decision. And it shouldn't be. Especially for a local government who is pledging the power of a purse that belongs to its citizens.
Nevertheless, the town of Wendell is confronted with an opportunity and a challenge as it seeks to provide enough space for its town employees.
Commissioners recently heard a report from an architect who estimated the cost of providing that space at upwards of $4 million. The architect's proposal calls for expanding the current community center to house a senior center and converting the senior center into a police department.
The town of Wendell, of course, doesn't have that kind of money laying around, so it has two options: save up a little bit each year until the money is in hand, or borrow the money now.
It would take years and years to save that kind of money, which realistically means the town needs to consider borrowing the money to make the improvements.
Already, town staffers and commissioners are looking at a couple locations downtown to lease or purchase for temporary space.
Town leaders expect to hear back from their architect later this month on some more detailed cost estimates. The town seems to have zeroed in on a partnership with the U.S. Department of Agriculture for financing.
Commissioners should make sure that is the best option for financing the project and then commit to providing the facilities town employees need to do their work efficiently.
It's a big pill to swallow, but one that makes good sense.
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