City Council Approves $90 Million Transportation Bond
6th August, 2010 - Posted by katherine - 1 Comment
City Council approved a bond proposal for $90 million in road, bike and pedestrian projects, including $14.4 million on a boardwalk extension of the Lady Bird Lake trail (where the trail currently ends near the Statesman before continuing on the east side of 35.) The city will publish an election bond brochure listing all of the proposed projects, and the bond will be voted on this November. The bond program should not trigger an increase in 2010-11 property taxes. The Statesman notes that “The vote this fall will in effect be the warm-up act for what figures to be a much larger, comprehensive bond election in 2012 that probably will include downtown rail. Based on a city analysis of its debt situation, that later bond program is likely to require raising property taxes.” This comes after Mayor Leffingwell made his announcement in March that an urban rail proposal would not go before voters until November 2012.
1 Comment
martin
August 12th, 2010 at 5:49 pm
I’m going to be green by voting NO to this bond. They’ve been waiving the ‘urban rail’ carrot in front of our faces way too long. We need urban rail and a vote on urban rail now. This transpo bond is nothing but a handout to txdot to do their job on IH35 which will funnel more traffic into central austin neighborhoods and do little to nothing for alternative transportation. vote NO to show them we want a real sustainable transportation bond before we hand over any more dollars.
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