Arlington Heights Village Parks Bond Measure (March 2012)
This measure was defeated
- YES 5,762 (47.39%)
- NO 6,396 (52.61%)
This measure seeks to issue a bond in the amount of $48 million, with an increase in property taxes around $36 on average per year per $300,000 valued homes, in order to pay for renovations to four of the village's parks. Village officials noted that the parks have not seen renovations since their openings and are not up to accessibility codes. At a public hearing, some residents voiced their opposition to the bond measure, noting that additions to property taxes would just hurt residents who are already suffering. But village officials noted that with low interest and repayment rates, now was the best time to invest in the parks.
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