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

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 $410 million: n Proposition A: $144 million in Public Safety Improvement Bonds n Proposition B: $166 million in Park Improvement Bonds n Proposition C: $57 million in Public Improvement Bonds for health, 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 aordable housing eorts. CITY PROPOSITIONS A-E | NOVEMBER 6, 2012 | CITY OF HOUSTON BOND ELECTION Proposition A $144 million in Public Safety Improvement Bonds n Improvements at neighborhood police stations citywide n Expansion of Fire Station 55, City Council District D n New fire station to serve Pine Brook area, City Council District E n Expansion of Fire Station 22, City Council District I n Fire station maintenance/improvements citywide n Facility security improvements n Other building repairs CITY PROPOSITIONS A-E | NOVEMBER 6, 2012 | CITY OF HOUSTON BOND ELECTION 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 Ball field lighting upgrades n Trail replacement and overlays n Bayou Greenways Project CITY PROPOSITIONS A-E | NOVEMBER 6, 2012 | CITY OF HOUSTON BOND ELECTION 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 for demolition projects. [...]... Created for Parks By You Date: July 2012 0 3.75 7.5 Miles 1:300,000 15 Galveston Bay 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 For more information, call Nelson at (832) 393-0955 or visit: www.HoustonTX.gov/2012bondreferendum.html ... Major Universities Houston City Limits Greens B ayou W Ha lls Bay ou hi te O ting Bayou Hun a k B u a lo Ba y ou you l B ff a e Sh n ip C ha n you s Ba Bray Si m s Bayo u Clear Cree k C i t y P r o p o s i t i o n s A - E | N o v e m be r 6 , 2 0 1 2 | C i t y o f H o u s t o n B o n d E l ec t i o n Data: City of Houston, Houston Parks Board Created for Parks By You Date: July 2012 0 3.75 7.5 Miles... 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 Legend district in Houston . 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. 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