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Tucson, Arizona, Proposition 407, Parks and Recreation Improvements Bonds (November 2018)

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Local ballot measure elections in 2018
Proposition 407: Tucson Parks and Recreation Improvements Bonds
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The basics
Election date:
November 6, 2018
Status:
Approveda Approved
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

Result Votes Percentage

Approved Yes

89,848 55.87%
No 70,965 44.13%
Results are officially certified.
Source

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?


A "yes" vote shall authorize the City of Tucson governing body to issue and sell $225,000,000 of general obligation bonds of the City to be repaid with secondary property taxes.

A "no" vote shall not authorize the City of Tucson governing body to issue and sell such bonds of the City. As required by A.R.S. § 35-454(C), the City gives notice that the issuance of these bonds will result in a property tax increase sufficient to pay the annual debt service on bonds.[2]

Full text

The full text of the measure is available here.

Path to the ballot

See also: Laws governing local ballot measures in Arizona

This measure was put on the ballot through a vote of the governing officials of Tucson, Arizona.

See also

External links

Footnotes

  1. Pima County, "Pima County, Arizona – Full Text Insert – General Election 2018," accessed October 22, 2018
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.