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Columbus, Ohio, Issue 10, Public Utilities Bond Issue (May 2019)
From Ballotpedia
| Issue 10: Columbus Public Utilities Bond Issue |
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| The basics |
| Election date: |
| May 7, 2019 |
| Status: |
 Approved
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| Topic: |
| City bonds |
| Related articles |
| City bonds on the ballot May 7, 2019 ballot measures in Ohio Franklin County, Ohio ballot measures |
| See also |
| Columbus, Ohio |
A bond issue designed to fund public utilities was on the ballot for Columbus voters in Franklin County, Ohio, on May 7, 2019. It was approved.
| A yes vote was a vote in favor of authorizing the city to issue bonds in the amount of $250 million at a tax rate of $1.03 per $1,000 in property value to fund public utilities. |
| A no vote was a vote against authorizing the city to issue bonds in the amount of $250 million to fund public utilities. |
Election results
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Columbus Issue 10 |
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| Result | Votes | Percentage | ||
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25,445 | 77.08% | ||
| No | 7,565 | 22.92% | ||
Text of measure
Ballot question
The ballot question was as follows:[1]
| “ | Shall bonds be issued by the City of Columbus, Ohio for the purpose of acquiring, constructing, renovating, and improving infrastructure for the Department of Public Utilities, including water, power, sanitary sewers and storm sewers, acquiring real estate and interests in real estate, landscaping and otherwise improving the sites thereof, and acquiring furnishings, equipment and appurtenances in the principal amount of $250,000,000, to be repaid annually over a maximum period of 25 years, and an annual levy of property taxes be made outside of the ten-mill limitation, estimated by the county auditor to average over the repayment period of the bond issue 1.03 mills for each one dollar of tax valuation, which amounts to $0.103 for each one hundred dollars of tax valuation, commencing in 2019, first due in calendar year 2020, to pay the annual debt charges on the bonds, and to pay debt charges on any notes issued in anticipation of those bonds?[2] | ” |
Full text
The full text of the measure is available here.
Path to the ballot
This measure was put on the ballot through a unanimous vote of the Columbus City Council on January 28, 2019.[3]
See also
External links
Footnotes
- ↑ Franklin County Board of Elections, "Sample Ballot," accessed April 4, 2019
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ City of Columbus, "Resolution," accessed April 4, 2019
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