Crestview official explains new $30M loan process
Crestview official explains new $30M loan process Collin Bestor January 29, 2026 2:02 pm Crestview CRESTVIEW — Crestview City Manager Jessica Leavins says a proposed bond financing plan is less about new development and more about addressing long-standing facility problems that city staff can no longer “patch or repair,” as the city prepares for continued growth. In an interview with Mid Bay News, Leavins said the authorization to borrow up to $30 million would allow Crestview to secure lower-interest financing for multiple capital projects, including renovations to Fire Station No. 3, construction of a new public works complex and the purchase of an indoor recreation facility known as the ROC. “The reason cities go the bond route is to get more favorable financing options, lower interest rates,” Leavins said. “This is about using that tool to address several critical needs at once.” Leavins described the bond plan as part of a broader, roughly 10-year facilities strategy that grew out of a multi-year assessment of city buildings, many of which she said are outdated, undersized or structurally vulnerable. From assessment to action Leavins said city leaders began confronting the scope of Crestview’s facility problems after a comprehensive evaluation conducted several years ago revealed critical deficiencies across multiple departments. Among the findings, she said, were structural concerns at the police department that would leave the building poorly rated for hurricane-force winds, major mechanical failures at Fire Station No. 3 and a public works operation that has outgrown its...
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