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 aordable 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.