breaking news
In less than a month, if you wash your hands, flush a toilet or drive in Fayetteville this special bonds election effects you. Here`s a break down
Four bond issues are on the ballot. The first and second will decide where money will come from to complete the sewer treatment plant and expand the system. The third would improve local roads. And the fourth, if approved, will expand the city trail system.
The bonds will be funded by taxes, a word mayor Dan Coody knows people don`t like to hear.
Here`s the reason the sewer bonds are on the ballot.
In 2001, Fayetteville borrowed money to fund the new plant. But Mayor Coody says the price tag they came up with back then - didn`t foresee the fact that we`d be at war now, that the Gulf Coast would be hit by two hurricanes, gas prices would be hovering around 3 dollars and that building supply prices would skyrocket.
So, to make up for the 58 million dollar shortfall, the city found 20 million it could use by pooling money and canceling projects. The rest though, some 38 million, would come from the two bonds.
So if voters don`t approve the bonds, Mayor Coody says the money will have to come from somewhere - and that will be a 30 percent hike in sewer rates over the next 22 years.
Fayetteville is exploding - and our streets are having a hard time keeping up with the traffic that comes with more drivers.
Mayor Coody says its time to start seriously investing in roads, since the population is expected to grow another 30-thousand by 2025.
If voters pass this bond - the city will spend 68 million dollars widening and improving roads to help the congestion.
The city put up blue signs alerting citizens about the plans, which includes projects like widening crossover to four lanes with turn lanes and incorporating sidewalks and bike lanes.
Mayor Coody says all the road improvements will be completed by the time the bonds are paid off in 2018.
More News
-
Devon Wallace named to NFCA South All-Region team
Wallace was selected to the second team after being named a first team performer last season
Read More» -
SEC champions send 27 entries to NCAA prelims
The No. 5 University of Arkansas men's track and field team will send 27 total qualifiers--25 individual and two relays--to the 2013 NCAA West Preliminary...
Read More» -
No. 6 Razorbacks earn 22 entries for NCAA prelim
The No. 6 University of Arkansas women's track and field team will send 22 total qualifiers--21 individuals and one relay--to the 2013 NCAA West Preliminary...
Read More» -
Razorbacks in Fifth at Fayetteville Regional
The Razorbacks were as low as 12th in the team standings midway through the round before battling back to fifth
Read More» -
Clarksville 6-Year-Old Dies After Being Stabbed by Relative
A 6-year-old child is dead almost one week after being stabbed by a relative in Johnson County.
Read More»
Page 6 of 6750

