City Launches Downtown Facilities Funding Study

June 10, 2025 – The City of Corvallis has launched a comprehensive funding feasibility study to evaluate long-term options for improving two key public facilities located downtown: the Police Station and the Civic Campus. The initiative will evaluate potential funding strategies to support the City’s continued investment in safe, accessible, and community-serving infrastructure.

This is the next step in the long-running citywide facilities project. In late 2024, the City Council voted to begin studying funding options for the Civic Campus and Police Station projects. 

Over the next several months, City financial planners will conduct an in-depth analysis of financing and funding mechanisms that could support upgrades or new development of key City facilities. The focus will include a potential new police building and a multi-purpose civic campus. The City has engaged Clearwater Financial, a Idaho-based firm that specializes in municipal project planning, to assist with this analysis. 

“This is the next step in the facility funding conversation,” said Corvallis Finance Director James Inglis. “Our goal is to ensure that the City Council has a thoughtful and comprehensive package of options to consider as they move forward on much-needed infrastructure improvements that support our growing community.”

The analysis will evaluate various funding tools — including bonds, grants, and other financial instruments — and consider how those tools align with the Council’s guiding principles of affordability and equity impacts. Public outreach and stakeholder engagement will be key components of the project, with future opportunities for community input, such as public meetings and online questionnaires, as the City moves forward.

Project Open House on June 25

The community is invited to learn more about this financial feasibility study at a virtual open house scheduled for 6 p.m. Wednesday, June 25 via Zoom.

The feasibility study is expected to conclude this fall, with findings and recommendations presented to the City Council later this year. All final reports and supporting materials will be made publicly available on the City’s website.

For more information, visit www.corvallisoregon.gov or contact the Finance Department at finance@corvallisoregon.gov.