$190 million bond package for Richardson approved

The voters in Richardson have approved the $190 million bond package which will address repairs, development and improvements in the city according to a Richardson Texas article from November 3 which reports,

“Unofficial results from the Bond Election held Nov. 2, are in and show Richardson voters approved all five measures of the proposed $190 million 2021 Bond Election. The current tally of ballots shows the following:

  • Proposition A (Street Improvements) 78% Support
  • Proposition B (Public Buildings) 69% Support
  • Proposition C (Sidewalks) 76% Support
  • Proposition D (Flood Control) 80% Support
  • Proposition E (Parks) 75% Support

No tax rate increase will occur with the implantation of the bond program. The sale of any approved bonds is planned to be staggered over five years, with bonds being sold based on current property valuations and retirement of existing debt.”

The said voting primarily focused on the repairs, developments and improvements of infrastructures including public buildings, parks, drainage, streets and sidewalks as a Dallas Morning News article from November 3 detailedly reported on the propositions

“About 78% of voters were in favor of Proposition A, which involves the issuance of $102 million in general obligation bonds that will fund repairs and replacement for streets, alleyways and traffic signals throughout Richardson.

Proposition B had about 69% of voters in support. The proposition involves the issuance of $64 million in general obligation bonds for public buildings including the Richardson Public Library, city hall, fire station and animal shelter.

Roughly 76% of voters cast their ballots in favor of Proposition C, which involves the issuance of $8.5 million in general obligation bonds for repairing two of Richardson’s seven residential sidewalk zones and three of the nine commercial sidewalk zones.

About 80% of voters were in support of Proposition D, which involves the issuance of $8 million in general obligation bonds that will fund a stormwater detention facility to reduce flood risk downstream of Campbell Road.

And approximately 75% of voters favored Proposition E, which involves the issuance of $7.5 million in general obligation bonds to upgrade playground equipment at nine city parks.”

While 7,500 registered voters took part in the polls, the results have yet to become official until all are canvassed by the City Council. 

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