Mountain View Fire Rescue is cashing out of its longtime administrative home on Stagecoach Road, signing off on a multimillion-dollar sale as the district tries to keep up with rising personnel costs and tighter revenues while planning for future stations and staffing.
The board voted to sell the administration building at 3561 N. Stagecoach Road for $2.05 million, according to Left Hand Valley Courier. That decision comes on the heels of the district’s purchase of a much larger headquarters at 6328 Monarch Park Place in Niwot in April 2024, a deal reported at about $7.3 million by Coldwell Banker Commercial.
New Headquarters And A Funding Puzzle
The Niwot headquarters, a larger consolidated facility that officials say will centralize training, logistics and community meeting space, has already become the district’s administrative center, per reporting by KUNC. At the same time, commercial listings show the Stagecoach building on the market for about $2.8 million, a figure higher than the board-approved sale price, according to PropertyShark.
With station projects in Erie and Mead previously funded by oil-and-gas property tax revenue, district leaders have been openly wrestling with how to pay for the next round of construction and staffing. One option on the table is a Certificate of Participation, described as a non-referendum, lease-back financing tool commonly used by public entities to fund capital projects without going to voters for a bond measure, according to debt-finance guides…