New Road Bond Projects proposed

The Road Bond Committee has identified a reduced list of proposed projects to be submitted for citizen approval at the May 9 election.  The new proposal totals to $100M.  The entire proposal can be viewed here.  The new proposal will be presented at the next City Council workshop on January 27 at 3:30pm.  It is also on the agenda of the regular City Council as item M on the same date at 6:00pm.  The impact on the tax rate is not available yet, but, it will be approximately 1/2 the 15 to 20 cents per $100 of valuation estimated for the $220M bond package.

Here is the revised project list.

As a point of reference, the City has issued only about 1/3 of the road bonds approved in 2008 ($15.6M out of $44.15M).

At a time when thousands of workers are being laid off, here, it would seem prudent to reign in the spending by the City.

Let you Councilman know what you think!