BOND BALLOT: Ames To Vote On Building Upgrade
The Ames city council has set a date for a bond referendum to help pay the bill to upgrade the Scheman Building on Iowa State University’s campus.
Voters will decide on the issue March 4th.
The $38 million proposal includes upgrades to the current Scheman Building and adding on an additional building to the north side.
The new facility will include 35,000 square feet of exhibit and ballroom space, storage and a new truck access. The addition will also be elevated, keeping it out of the flood zone.
Backers say clients are outgrowing the current space and if they take their business elsewhere it’ll hurt the city.
The referendum vote is for half of the project which is about $19 million. The other half of the construction tab would be paid for by Iowa State University.
If approved, property tax rates would increase about 57-cents per $1,000 of taxable value.