Tucson, Arizona, Proposition 407, Parks and Recreation Improvements Bonds (November 2018)
Proposition 407: Tucson Parks and Recreation Improvements Bonds |
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The basics |
Election date: |
November 6, 2018 |
Status: |
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Topic: |
City bonds |
Related articles |
City bonds on the ballot November 6, 2018 ballot measures in Arizona Pima County, Arizona ballot measures |
See also |
Tucson, Arizona |
A bond measure was on the ballot for Tucson voters in Pima County, Arizona, on November 6, 2018. It was approved.
A yes vote was a vote in favor of authorizing the city to issue up to $225,000,000 in bonds at an estimated tax rate of $0.4504 per $100 of assessed property value to fund capital projects for parks and recreation. |
A no vote was a vote against authorizing the city to issue up to $225,000,000 in bonds at an estimated tax rate of $0.4504 per $100 of assessed property value to fund capital projects for parks and recreation. |
Election results
Tucson Proposition 407 |
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Result | Votes | Percentage | ||
89,848 | 55.87% | |||
No | 70,965 | 44.13% |
Text of measure
Ballot question
The ballot question was as follows:[1]
“ | Shall the City of Tucson be authorized to issue and sell not exceeding $225,000,000 principal amount of its general obligation bonds to provide funds for capital projects for parks and recreation, to wit: capital improvements to, and equipping of, existing parks; acquisition, construction, improvement, and equipping of new parks; acquisition, construction, improvement, and equipping of new and existing connectivity components between and within parks, including greenways, bikepaths, sidewalks, and walkways; and payment of all necessary costs and fees in connection therewith; such bonds to be issued in one or more series, maturing not more than forty (40) years from the date of issuance of each series, and bearing interest at a rate or rates not in excess of nine percent (9%) per annum?
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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 Tucson, 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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