Auburn Transportation District Bond Measure (April 2012)
This measure was defeated
- YES 3,898 (49.39%)
- NO 3,995 (50.61%)
This measure sought to issue a bond in the amount of $59 million in order to help pay for transportation improvement projects for the city of Auburn.
The News Tribune had given its endorsement to this measure noting that state spending has been decreased so the additional money was needed to ensure roads can be improved. Also with a citizen oversight committee the issue seemed to be well planned by the city.
Text of measure
The question on the ballot:
|The Board of the Auburn Transportation Benefit District adopted Resolution No. 2012-2 concerning a proposition to fund District transportation improvements and projects. If approved, this proposition would authorize the issuance of general obligation bonds to pay the costs of the transportation improvements and projects identified in the City of Auburn six-year Transportation Improvement Plan in an amount not more than $59,000,000, each series of such bonds maturing within 25 years or less, and authorize the annual levy of excess property taxes to pay and retire such bonds, as provided in Resolution No. 2012-2. Should this proposition be approved?|