An advance funding agreement for the proposed pool and fitness center in Vienna received approval from a majority of Town Council.
VIENNA, VA — Vienna Town Council voted 5-1 to approve an advance funding agreement for design of the proposed pool and fitness center facility on Monday. The proposed facility does not have final approval, but it will start the design phase.
The agreement is for a $3 million interest-free advance from Vienna-headquartered Navy Federal Credit Union. Leslie Herman, the Town of Vienna’s parks and recreation director, said the funds would go toward hiring a construction management consultant and architectural and engineering teams to complete design and construction documents for the proposed facility. The town would oversee the design process.
Town staff confirmed there would be additional decision points on the project, including awarding a contract, reviewing design and advancing to construction with cost feasibility in mind.
Town Council meeting documents said funding for an estimated $25 million project cost could come from municipal bonds and other revenue sources to include the meals tax. Town Council had passed a 1 percent meals tax increase to support capital projects, a proposal originally intended to be temporary to fund the proposed pool and fitness center.
Under the advance funding agreement, the town would reimburse Navy Federal Credit Union likely through the 2030 bond year cycle, with an anticipated closing in December 2029. The town would not owe Navy Federal Union interest on the $3 million advance.
When the pool and fitness center was first proposed in 2024 for the annex property at 301 Center Street S, the credit union pledged interest-free financing for design. Town Attorney Steve Briglia said Navy Federal Credit Union similarly advanced funds to help the town make road improvements to address backups out of their headquarters.
Pool, Fitness Center Advance Funding Agreement Approved By Vienna Council
