Flagstaff City Bond Questions, 2 (November 2012)

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Two Flagstaff City Bond ballot questions, Question 405 and Question 406, were on the November 6, 2012 election ballot in Coconino County, Arizona. Both were approved.

The first question authorized Flagstaff City to issue up to $10,000,000 in general obligation bonds to fund the Forest Health and Water Supply Protection Project. See below for the attached tax rate and other details.

The second question authorized Flagstaff City to issue up to $14,000,000 in order to fund the Core Services Maintenance Facility. See below for tax rate and other details. [1]

Question 405

The following were the election results for the measure:

Flagstaff City Bond Question 405
ResultVotesPercentage
Approveda Yes 16,014 73.58%
No5,74926.42%

Results via Coconino County, Final Unofficial Results

Question 406

The following were the election results for the measure:

Flagstaff City Bond Question 406
ResultVotesPercentage
Approveda Yes 11,102 53.15%
No9,78646.85%

Results via Coconino County, Final Unofficial Results

Text of the Measure

Question 405

To prevent flood damage to the City of Flagstaff (‘City’), and to protect the City water supply from damages which occur from large-scale and/or severe wildfire(s) in two watersheds serving the City, shall the City be authorized to sell and issue general obligation bonds in a principal amount up to $10,000,000:
  • to expedite and conduct forest treatments in the Dry Lake Hills watershed north of town to reduce wildfire threat, thereby mitigating subsequent flooding to Sunnyside, downtown, the NAU campus, and neighborhoods bordering the Rio de Flag;
  • to plan and conduct forest treatments in the Lake Mary watershed south of the City to reduce wildfire threat, thereby protecting the storage capacity and water quality of Lake Mary; and
  • to pay all costs and expenses properly incidental thereto and to the issuance of bonds?

The bonds may be issued in one or more series, will not mature more than 25 years from the date or dates of their issue, will bear interest at a rate or rates not to exceed 10% per annum, and will have such other provisions as are approved by the City Council. The following sentence has been included on this ballot as required by Arizona Revised Statutes §35-454(C): The issuance of these bonds will result in a property tax increase sufficient to pay the annual debt service on the bonds.

A vote FOR the bonds shall have the effect of allowing the City Council to issue up to $10,000,000 in general obligation bonds for planning and implementation of forest health and water supply protection projects.

A vote AGAINST the bonds shall have the effect of not allowing the City Council to issue up to $10,000,000 in general obligation bonds for planning and implementation of forest health and water supply protection projects.[2]

Question 406

To provide adequate space for maintenance, storage and repair of City fleet and equipment; materials storage; administrative offices and space for other City needs including Facility Maintenance, Park Maintenance, Street Maintenance, Solid Waste and other Public Works & Utility functions, shall the City of Flagstaff be authorized to sell and issue general obligation bonds in a principal amount up to $14,000,000:
  • for acquisition of land, purchase of equipment, building design and construction, and/or rehabilitation of existing facilities for a core services maintenance center; and
  • for the infrastructure and utilities associated with the acquired facilities; and
  • to pay all costs and expenses properly incidental thereto and to the issuance of bonds.

The bonds may be issued in one or more series, will not mature more than 25 years from the date or dates of their issue, will bear interest at a rate or rates not to exceed 10% per annum, and will have such other provisions as are approved by the City Council. The following sentence has been included on this ballot as required by Arizona Revised Statutes §35-454(C): The issuance of these bonds will result in a property tax increase sufficient to pay the annual debt service on the bonds.

A vote FOR the bonds shall have the effect of allowing the City Council to issue up to $14,000,000 in general obligation bonds to design and construct and/or rehabilitate an existing facility of a core services maintenance facility.

A vote AGAINST the bonds shall have the effect of not allowing the City Council to issue up to $14,000,000 in general obligation bonds to design and construct and/or rehabilitate an existing facility of a core services maintenance facility.[1][2]

See also

References

  1. 1.0 1.1 Coconino County Elections, Current Measures and Candidates (dead link)
  2. 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.