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Eugene City Street Bond Measure (November 2012)
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An Eugene City Street Bond measure was on the November 6, 2012 election ballot in Lane County, which is in Oregon, where it was approved.
This measure authorized the City of Eugene to issue up to $43 million in bonds in order to fund the repair of streets (approx. 93.5%) in Eugene and bicycle and pedestrian projects (approx. 6.5%). These bonds would be payable through property taxes with an estimated rate of $0.65 per $1,000 of assessed valuation.[1]
Election results
| Measure 197, Street Bond | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 44,655 | 64.40% | ||
| No | 24,686 | 35.60% | ||
Election results from Lane County, Current Election Results (dead link)'
Text of measure
Language on the ballot:
| “ | Shall City of Eugene fix streets and fund bicycle and pedestrian projects using $43 million in general obligation bonds?
If the bonds are approved, they will be payable from taxes on property or property ownership that are not subject to the limits of sections 11 and 11b, Article XI of the Oregon Constitution[1][2] |
” |
See also
Footnotes
- ↑ 1.0 1.1 Lane County Oregon Elections, Current Measures (dead link)
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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