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Chamblee bought the 17-acre plot of land in 2017, according to the city.

It is paying for the new center through bonds issued by the city’s Urban Redevelopment Agency, at an overall interest rate of 2.72% for 30 years.

The police department and municipal court currently share a building at 3518 Broad St. The municipal court handles all misdemeanor traffic cases and city ordinance violations.

The new building and park will be located just north of Dresden Drive and east of DeKalb-Peachtree Airport.

“We have locked in a great interest rate that allows the city to build a tremendous asset in the Buford Highway corridor,” Chamblee City Manager Jon Walker said in a statement. “This is the culmination of more than two years of planning ... It is the first city project and investment along Buford Highway and provides a much-needed space for community meetings.”

Chamblee touted the redevelopment agency’s AA+ bond rating from S&P Global Ratings.

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