PROPOSITION A
April 5, 2022 Municipal Election
FACT SHEET
1. The purpose of Proposition A is to provide up to $12.6 million in General Obligation Bonds to rebuild the City’s outdoor pool complex at Tiemeyer Park into a modern outdoor aquatic center. The current pool complex is more than 30 years old and has reached the end of its serviceable life.
2. The City’s park and recreation facilities (including the existing outdoor pool at Tiemeyer Park) were all built using sales tax revenue from the old Northwest Plaza. This revenue allowed the City to construct a municipal park and recreation system that offered a wide range of facilities at little or no cost to residents.
3. Realizing that the outdoor pool complex has reached the end of its life, City hired a nationally recognized aquatic facility consultant to review the current facility and provide conceptual design alternatives for a new facility.
4. What will happen if Proposition A doesn’t pass? The City will end up decommissioning the outdoor pool complex in the very near future. The Baby Pool is already closed. The outdoor pool is leaking significant water and will require a large capital investment just to identify and repair this leak. In all likelihood, this will force the City to act sooner rather than later on permanently closing and decommission the facility.
6. The City reached out to the City of Overland to see if they would be interested in participating in the financing and running of a joint facility. On February 14, the Overland City Council Authorized their City Administrator to enter into discussions with his counterpart in St. Ann to potentially pay up to 50% of the cost and operating costs of a new facility.
7. The City of St. Ann would issue up to $12.6 million in bonds to fund the Aquatic Center rebuild and refinance existing debt associated with its Community Center. Overland would then provide an annual payment to the City of St. Ann equal to 50% of the amount of bonds issued for the demolition and construction of a new outdoor aquatic center AND pay for half of any annual necessary operating subsidy
8. The indoor pool (Which has been closed since 2020 due to lack of operating funds.) will be decommissioned and the space repurposed. The City’s intent is to renovate the space into an indoor multi-use space that can be utilized for pool birthday parties, day camp and other event uses. The City also plans to construct a dedicated space for food trucks to provide food for special events in Tiemeyer Park as well as the new aquatic facility.
9. Under the above scenario were the City of Overland pays for half of the debt service on a new aquatic center, the cost to average St. Ann home owner with a home with a market value of $115,000 would be around $50.00 per year depending on interest cost at the time of the sale of the bonds.
10. Conceptual drawings and other information can be found by visiting www.stannmo.org.