South Portland Residents to Vote on $88.6 Million Bond for New Public Safety Facilities
What happened
South Portland residents are being asked to vote on an $88.6 million bond this November to fund new public safety facilities. This bond would allocate $44.35 million for a new police station on the former Walgreens lot, and $44.25 million for a new fire station. The city previously purchased the Cash Corner property for $2.5 million using Police Asset Forfeiture and Tax Increment Financing funds.
From themainewire.com
Why it matters
If approved, the bond would raise the annual debt impact for the city’s median home from $389 in Fiscal Year 2028 to $644. By 2030, median-priced home owners could pay an estimated $869 annually, which would include $500 for the new projects.
From themainewire.com
Who's involved
- South PortlandThe city planning the new police station and seeking resident approval for the bond
- WalgreensThe company whose former lot in South Portland is slated for the new police station
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The entities involved
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South Portland
city in Cumberland County, Maine, United States
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Walgreens
American pharmacy and convenience store chain