The Aspen City Council chose a financing option for new city offices this week.
The planned 37,000 square foot civic plaza is estimated to have a $22 million price tag. Reporter Alycin Bektesh attended the work session as council gave the go ahead on a government loan to fund the project. The Certificates of Participation come at a higher interest rate than all of the other financing options the council was considering and have no requirement for voter approval.
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