Summary
The final $11.2 million bond sale locks in funding for the new police station, which is on schedule and on budget with framing nearly done. The low bid came in at a 3.61% true interest cost.
At a glance
- Total mentions
- 4
- Last 30 days
- 0
Last discussed Jul 9, 2026.
Impact analysis
$11.2 million in bonds at 3.61% interest, repaid by taxpayers over the bond term.
Residents get a modern police station completed on schedule.
Mentions & discussions (4)
Municipal Buildings Advisory Committee - Jul 9, 2026
Salem's new police station is in the final stretch — floors, doors, paint and site work are wrapping up this summer. Members are invited to a hard-hat tour on August 6.
Town Council - Apr 20, 2026
The final $11.2 million bond sale locks in funding for the new police station, which is on schedule and on budget with framing nearly done. The low bid came in at a 3.61% true interest cost.
Town Council - Feb 9, 2026
The new police station is 99% bought out and on budget, with police moving in this fall. Impact fees are being tapped to help cover the 2026 bond payment.
Municipal Buildings Advisory Committee - Jan 8, 2026
Salem's new police station is on track to be substantially complete by late summer or early fall 2026, with a deliberate move-in and training period afterward. The building will feature modern systems and a sally port large enough to admit an ambulance — something the old station couldn't do.
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