Under “Other Major Projects,” the CIP lists “Acquisition of Navy Hospital Property (added project – NO GF $)” with a 50,000 proposed budget in FY2026-27, while a separate line for “Navy Hospital, Building and Site Investigations” was requested at 110,000 but reduced to zero. This indicates the city is moving forward with initial funding to support acquiring the property, likely relying on non-general fund sources. Although detailed investigations were not funded this cycle, the acquisition allocation suggests future needs for environmental due diligence, master planning, zoning, and redevelopment strategy once ownership questions are resolved. Real estate, planning, and environmental consulting firms can monitor this as an early-stage redevelopment opportunity that will expand in scope as additional funding is identified.

Building and site investigations for the Navy Hospital property are unfunded this year, signaling a ...