City Propositions A-E November 6, 2012 City of Houston Bond Election - Pdf 11

City Propositions A-E
November 6, 2012 City of Houston Bond Election
CITY PROPOSITIONS A-E | NOVEMBER 6, 2012 | CITY OF HOUSTON BOND ELECTION
Why do we need the City Bonds?
n Bond revenues are a primary resource in funding the city’s capital
improvement projects
n Our current needs range from roof and foundation repairs at city-owned
buildings, to entirely new police and fire stations, to improvements to parks,
libraries and health, trash and recycling facilities
n The city is asking voters to authorize the sale of $410,000,000 in bonds on
the November 6 ballot
CITY PROPOSITIONS A-E | NOVEMBER 6, 2012 | CITY OF HOUSTON BOND ELECTION
Why now?
Fiscal planning.
n The city asks voters to authorize the sale of bonds every 5 – 6 years
n The current authorization, approved in 2006, will last for about one
more year
n A five-year bond authorization provides time for planning for continued
maintenance and improvements at public facilities
n This is a pre-approval; the actual sale of any of the bonds cannot occur
without a subsequent vote of City Council
CITY PROPOSITIONS A-E | NOVEMBER 6, 2012 | CITY OF HOUSTON BOND ELECTION
Fiscal Impacts
n The City Bonds do not require a tax increase
n The current bond proposal is the smallest in more than 30 years — and
hundreds of millions of dollars less than the three previous bond measures:
$545 million $776 million $625 million $410 million
1997 2001 2006 2012
CITY PROPOSITIONS A-E | NOVEMBER 6, 2012 | CITY OF HOUSTON BOND ELECTION
The November 6 Ballot Measure
The city is asking voters to approve a package of bonds totaling

Proposition C
$57 million in Public Improvement Bonds
for health, sanitation/recycling and
essential improvements at city facilities
n Repairs to City Hall and City Hall Annex
n Renovation of the Westpark recycling facility,
City Council District J
n Renovation of the Central Depository, City
Council District I
n Possible repair of Sunnyside Multi-Service
Center, City Council District D
n Environmental remediation
CITY PROPOSITIONS A-E | NOVEMBER 6, 2012 | CITY OF HOUSTON BOND ELECTION
Proposition D
$28 million in Library Improvement Bonds
n Renovation of the Montrose Library, City Council District C
n Replacement of the Moody Library, City Council District H
n Replacement of the Meyer Library, City Council District K
n Renovation of Robinson-Westchase Library, City Council District F
CITY PROPOSITIONS A-E | NOVEMBER 6, 2012 | CITY OF HOUSTON BOND ELECTION
Proposition E
$15 million in Bonds for Affordable Housing
n These bonds will be used to demolish blighted properties to provide locations
for construction of aordable housing using federal funds.
Ella Square was
demolished in
2010. This is an
example of how
these bonds will
be used to pay

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For more information, call Nelson at (832) 393-0955 or visit:
www.HoustonTX.gov/2012bondreferendum.html
Propositions A-E are located near the bottom
of a very long ballot. Please remember to vote!
Election Day is November 6. Early Voting begins October 22.


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