City of Fairfax Economic Development Authority Revenue Bonds

The Fire Station project (commonly referred to in connection with Fire Station 3) is a planned new fire station construction in the City of Fairfax, identified as a capital expenditure to be funded through the $54.5 million revenue bond issuance approved unanimously by City Council on November 12, 2024 (ResolutionResolutionA formal statement of council position or a one-time action, such as approving a contract. Passes on a single vote. R-24-32). The Planning CommissionPlanning CommissionThe appointed body that reviews land-use applications and plans first and sends a recommendation to City Council, which makes the final decision. was reviewing Fire Station 3 improvements as part of the Capital Improvement ProgramCapital improvement programThe multi-year budget for big physical projects: roads, buildings, parks, utilities. (CIP), with recommendations expected in January 2025 per a December 2024 PRAB update.

• Nov 12, 2024City Council · item 11a

  Resolution Requesting Issuance of Revenue Bonds by the City of Fairfax Economic Development Authority – Up to $54,500,000

  Council authorized the EDA to serve as conduit issuer for up to $54.5M in revenue bonds, anticipated to fund capital projects including Fire Station 3 and the Willard-Sherwood Community Center.

  passedAdoption of Resolution R-24-32 requesting the City of Fairfax Economic Development Authority to issue revenue bonds up to $54,500,000 for general government capital project costs.

  ✓ Bates✓ Doyle Feingold✓ Greenfield✓ Lim✓ Ross✓ Stehle

  Watch this momentminutesagenda

The Willard-Sherwood Health and Community Center is a joint City of Fairfax and Fairfax County redevelopment project at 3740 and 3750 Blenheim Boulevard, replacing existing facilities with a new health, wellness, and recreation center featuring an underground parking garage, rooftop amenity space, fenced outdoor playgrounds, and a bridge connection to the existing Stacey C. Sherwood Community Center.

• Nov 12, 2024City Council · item 11a

  Resolution Requesting Issuance of Revenue Bonds by the City of Fairfax Economic Development Authority – Up to $54,500,000

  Council authorized the EDA to serve as conduit issuer for up to $54.5M in revenue bonds, anticipated to fund capital projects including Fire Station 3 and the Willard-Sherwood Community Center.

  passedAdoption of Resolution R-24-32 requesting the City of Fairfax Economic Development Authority to issue revenue bonds up to $54,500,000 for general government capital project costs.

  ✓ Bates✓ Doyle Feingold✓ Greenfield✓ Lim✓ Ross✓ Stehle

  Watch this momentminutesagenda