2012 City Bond Referendum Presentation

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2012 City Bond Referendum Presentation

  1. 1. City Propositions A-ENovember 6, 2012 City of Houston Bond Election
  2. 2. Why do we need the City Bonds? n ond revenues are a primary resource in funding the city’s capital B improvement projects n ur current needs range from roof and foundation repairs at city-owned O buildings, to entirely new police and fire stations, to improvements to parks, libraries and health, trash and recycling facilities n he city is asking voters to authorize the sale of $410,000,000 in bonds on T the November 6 ballotCIT Y PROPOSITIONS A- E | NOVEMBER 6, 2012 | CIT Y OF HOUSTON BOND ELECTION
  3. 3. 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 five-year bond authorization provides time for planning for continued A 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 CouncilCIT Y PROPOSITIONS A- E | NOVEMBER 6, 2012 | CIT Y OF HOUSTON BOND ELECTION
  4. 4. 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 2012CIT Y PROPOSITIONS A- E | NOVEMBER 6, 2012 | CIT Y OF HOUSTON BOND ELECTION
  5. 5. The November 6 Ballot Measure The city is asking voters to approve a package of bonds totaling $410 million: n roposition A: $144 million in Public Safety Improvement Bonds P n Proposition B: $166 million in Park Improvement Bonds n roposition C: $57 million in Public Improvement Bonds for health, P sanitation/recycling and essential improvements at city facilities n Proposition D: $28 million in Library Improvement Bonds n Proposition E: $15 million in Public Improvement Bonds for affordable housing efforts.CIT Y PROPOSITIONS A- E | NOVEMBER 6, 2012 | CIT Y OF HOUSTON BOND ELECTION
  6. 6. Proposition A $144 million in Public Safety Improvement Bonds n Improvements at neighborhood police stations citywide Expansion of Fire Station 55, City Council District D n n New fire station to serve Pine Brook area, City Council District E n Expansion of Fire Station 22, City Council District I n station maintenance/improvements citywide Fire n Facility security improvements n Other building repairsCIT Y PROPOSITIONS A- E | NOVEMBER 6, 2012 | CIT Y OF HOUSTON BOND ELECTION
  7. 7. Proposition B $166 million in Park Improvement Bonds n Improvements at parks citywide, including at Haden, Busby, Judson Robinson Sr., Jaycee, Wright, Bembry, Hermann, Alief, Nieto, Squatty Lyons, Gragg, Braeburn Glen and Wildheather Parks n Pavilion replacements n Swimming pool upgrades and replacements n field lighting upgrades Ball n Trail replacement and overlays n Bayou Greenways ProjectCIT Y PROPOSITIONS A- E | NOVEMBER 6, 2012 | CIT Y OF HOUSTON BOND ELECTION
  8. 8. 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 Sunnywide Multi-Service Center, City Council District D n Environmental remediationCIT Y PROPOSITIONS A- E | NOVEMBER 6, 2012 | CIT Y OF HOUSTON BOND ELECTION
  9. 9. 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 FCIT Y PROPOSITIONS A- E | NOVEMBER 6, 2012 | CIT Y OF HOUSTON BOND ELECTION
  10. 10. Proposition E $15 million in Bonds for Affordable Housing n hese bonds will be used to demolish blighted properties to provide locations T for construction of affordable housing using federal funds. Ella Square was demolished in 2010. This is an example of how these bonds will be used to pay for demolition projects.CIT Y PROPOSITIONS A- E | NOVEMBER 6, 2012 | CIT Y OF HOUSTON BOND ELECTION
  11. 11. Bayou Greenways Project n $200 million public-private partnership: A • $100 million of the $166 million Park Improvements Bond • 100 million raised from other funds, including individuals, foundations $ and federal grants n Completes the 100-year old vision of Mayor Horace Baldwin of continuous public parks and trails along every major bayou segment in the city n When completed, this project will provide improvements in every City Council district in Houston. Sp ring Tomorrows Bayous! Legend Cree k Bayou Greenways Other Major Parks ek Bayous and Waterways re Greens B s C ayou Downtown s e pr Museum District Cy Texas Medical Center Reliant Park Major Universities Ha lls Houston City Limits Bay ou W hi te O ting Bayou Hun a k B a y ou you Ba lo a ff u B l Sh e n ip C ha n you s Ba Bray Si m s Bayo u Clear CreeCIT Y PROPOSITIONS A- E | NOVEMBER 6, 2012 | CIT Y OF HOUSTON BOND ELECTION k Data: City of Houston, Houston Parks Board Created for Parks By You Date: July 2012 Miles Galveston 0 3.75 7.5 15 1:300,000 Bay
  12. 12. Propositions A-E are located near the bottomof a very long ballot. Please remember to vote!Election Day is November 6. Early Voting begins October 22.For more information, call Nelson at (832) 393-0955 or visit:www.HoustonTX.gov/2012bondreferendum.html

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