Ada Township plans $9.5 million bond for new government hall
Ada Township is moving forward with plans to issue up to $9.5 million in capital improvement bonds to fund construction of a new 18,300-square-foot township hall at 7171 Headley St. SE, across the street from Amway on Fulton Street.
KENT COUNTY, MI. Ada Township is planning to issue up to $9.5 million in bonds to help pay for the construction of a new township hall, according to a notice of intent published by the township.
On Aug. 16, the township published a notice of intent to issue capital improvement bonds for the estimated $9.6 million project. The new building is planned for 7171 Headley St. SE, a greenspace across the street from Amway's headquarters on Fulton Street.
The 18,300-square-foot building would replace the current township hall on Thornapple River Drive. Township officials say the new location will offer residents improved access and a modernized facility for government services.
The bond issuance is subject to approval through the township's capital improvement process. Final terms of the bond, including interest rates and repayment schedule, are expected to be determined after the township completes its financial review.
Ada Township is one of the most populous townships in Kent County, and the move to a new government hall is expected to address growing demand for services and aging infrastructure at the current facility.
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