13.A.
City Council Meeting - FINAL
- Meeting Date:
- 11/02/2021
- From:
- Shannon Anderson, Deputy City Manager
Information
TITLE
Discussion about 2022 Potential Bond Ballot Measures
STAFF RECOMMENDED ACTION:
Staff will seek Council feedback on methods for collecting resident's feedback, desire to add infrastructure-related ballot items for further consideration, any dollar limitations for the bond recommendations, and how Council would like recommendations to be packaged by the Citizen Bond Committee.
EXECUTIVE SUMMARY:
City staff will present information about general obligations bonds, potential bond ballot measures identified during the April Budget, the process and timeline identified for bringing the Citizen Bond Committee's recommended bond ballot measures to City Council, and infrastructure needs for Council's further consideration.
INFORMATION:
City staff will share what general obligation bonds are, how the bond debt is paid for, the history of bond elections and their outcomes, bond capacity, and the tax impact on the resident.
Information will be shared about the process of utilizing a Citizen Bond Committee and the anticipated timeline to bring recommendations back to City Council for final consideration for the November 2022 general election.
Lastly, staff will review the infrastructure needs for neighborhood multi-modal connectivity and civic space associated with the Rio de Flag and Lone Tree Overpass projects, wastewater infrastructure, stormwater infrastructure, and public safety infrastructure to determine if any of these projects should be added as a potential bond ballot measure.
Information will be shared about the process of utilizing a Citizen Bond Committee and the anticipated timeline to bring recommendations back to City Council for final consideration for the November 2022 general election.
Lastly, staff will review the infrastructure needs for neighborhood multi-modal connectivity and civic space associated with the Rio de Flag and Lone Tree Overpass projects, wastewater infrastructure, stormwater infrastructure, and public safety infrastructure to determine if any of these projects should be added as a potential bond ballot measure.