Brady PieperMarking the first time in over 30 years, Laredo, Texas, is seeking voter approval on a new bond referendum to support municipal services, community development and public health and safety.
The bond referendum, approved by the city council last month, proposes the issuance of $417 million in bonds for the upcoming election in May. Voters will decide whether to approve funding for the city’s proposed projects, including public safety, infrastructure improvements and other vital community needs.
During the council’s meeting, the city evaluated final details and presentations from the Bond Referendum Main Committee, approving four bond propositions and several new city projects. If all bond questions are approved, residents’ property taxes will be increased by 10 cents per $100 of valuation.
Proposition A will authorize just over $271 million in bonds to encompass the needs of Laredo’s fire and police departments.
Proposition A’s funding would support the fire department’s construction, land acquisitions, vehicles, equipment and emergency management services, which would be valued at $85.3 million. The police department would receive $185.8 million for the construction of a new headquarters, training facility, survival facility center, additional fleet units and park surveillance.
Proposition B, public health, is designed to expand and modernize the Laredo Public Health Department’s current infrastructure. If approved, the bond question would also fund a third floor to allow for better accessibility and program growth.
Proposition C focuses on improving, preserving and rehabilitating local streets and infrastructure. The funding, $65 million, would support street improvement projects, such as paving.
Proposition D requests $10 million in bond funding to rehabilitate the Hamilton Hotel and remodel 29 units, which provide affordable housing to the elderly.
Laredo residents will have the opportunity to vote on these four propositions on or before the Bond Referendum Election on May 3. The early voting period will extend from April 22-29.
For additional resources on the bond, city officials plan to host an informational session at the Barbara Fasken Recreation Center prior to the election in early April.
Photo Courtesy
Miguel Angel Omaña Rojas via Wikimedia Commons
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