The city of Decatur plans to pay for the renovation project through a 10-year bond issuance.
Decatur City Council got some new, lower financial figures on its city hall/police station project, but those numbers may well be revised slightly upward after the good news given council at its meeting on Tuesday night.
With state law requiring any project over $2 million to be approved by citizens in a referendum, city officials have been trying to keep the city hall project just below that figure. From an original estimate of slightly over $2 million, the Martin Riley architectural firm had a crew go over the former First State Bank building a second time, in January, and Tuesday night presented council with a revised project cost of $1.2 million to convert the former bank building into a city hall. A number of changes were made and outlined by Martin Riley representatives Jack Daniels of Fort Wayne and Mike Hamilton of rural Decatur.
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