As its long-awaited City Center project moves forward, Litchfield Park officials are looking at financing options for $26 million in infrastructure that must be completed before construction can begin.
A second $26 million would be needed to build parking decks once the full project is 40% complete.
During a work study session before its regular virtual meeting May 19, the City Council heard a presentation on funding options from City Manager Matthew Williams, Finance Director Paige Peterson, Engineer Woody Scoutten, and representatives from Stifel, Nicolaus and Co. Inc. of Phoenix, the city’s bond agent.
