Pima County, Arizona, Proposition 463, Regional Road Reconstruction, Preservation and Repair Bonds (November 2018)
From Ballotpedia
| Proposition 463: Pima County Road Reconstruction, Preservation and Repair Bonds |
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| The basics |
| Election date: |
| November 6, 2018 |
| Status: |
 Defeated
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| Topic: |
| County bonds |
| Related articles |
| County bonds on the ballot November 6, 2018 ballot measures in Arizona Pima County, Arizona ballot measures |
| See also |
| Pima County, Arizona |
A bond measure was on the ballot for voters in Pima County, Arizona, on November 6, 2018. It was defeated.
| A yes vote was a vote in favor of authorizing the county to issue up to $430,000,000 in bonds at an estimated tax rate of $0.69 per $100 of assessed property value to fund the reconstruction, preservation, and repair of existing public roads. |
| A no vote was a vote against authorizing the county to issue up to $430,000,000 in bonds at an estimated tax rate of $0.69 per $100 of assessed property value to fund the reconstruction, preservation, and repair of existing public roads. |
Election results
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Pima County Proposition 463 |
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| Result | Votes | Percentage | ||
| Yes | 161,437 | 43.96% | ||
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205,760 | 56.04% | ||
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- Results are officially certified.
- Source
Text of measure
Ballot question
The ballot question was as follows:[1]
| “ | Shall Pima County, Arizona be authorized to issue and sell general obligation bonds of the County in an aggregate principal amount not exceeding $430,000,000 for the purpose of reconstructing, repairing and preserving existing public roads and highways in the County, including paying all expenses properly incidental thereto and to the issuance of such bonds? The bonds are to be issued in one or more series, maturing not less than one year (or portion thereof) and not more than 10 years following the date of issuance of each such series, bearing interest at a rate or rates not higher than 6 percent per annum and sold at prices that may include a premium not greater than that permitted by law. As required by A.R.S. § 35-454(C), the County gives notice that the issuance of these bonds will result in a property tax increase sufficient to pay the annual debt service on the bonds.
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” |
Full text
The full text of the measure is available here.
Path to the ballot
This measure was put on the ballot through a vote of the governing officials of Pima County, Arizona.
See also
External links
Footnotes
- ↑ Pima County, "Pima County, Arizona – Full Text Insert – General Election 2018," accessed October 22, 2018
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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