Have Questions About Civic Campus Financing? We Have Answers.
We understand there are questions and rumors circulating about how the Downtown Civic Campus will be financed, and we want to make sure you have all the facts.
The short version: The City plans to use Certificates of Participation (COPs), a common financing tool used by municipalities across Colorado. It works like a mortgage, using existing City revenues with no new taxes required. The difference between this and other projects is that there are no existing City properties or assets on the line. The COP would be secured solely against the new City Hall building itself.
We've put together a detailed FAQ to walk through the most common questions. And if you don't see yours, ask it here. We're listening!
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