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City eyes leasing a police station.

Publication: The Register-Guard (Eugene, OR)
Publication Date: 29-APR-04 		Format: Online
Delivery: Immediate Online Access
Full Article Title: City eyes leasing a police station.(Government)(Eugene councilors consider various ways to finance a new building as part of a larger plan for a civic center)

Article Excerpt
Byline: Diane Dietz The Register-Guard

Conventional wisdom says to buy rather than rent a home. But the Eugene City Council is talking about asking a developer to fund and build a new $30 million-plus police station that the city could then lease.

In the past five years, Eugene voters have proven themselves allergic to taking on debt to build a police station to replace the office in a portion of City Hall. They've turned down two ballot measures that would have included paying for a new station.

That's got the city scrambling to find other ways to build the thing.

"There's another possible way to skin this cat and that is to have a developer (build it) entirely and do a 20-year minimum lease," Councilor Gary Pape said at a work session on the topic Wednesday.

The deal could give the city an option...

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