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Updated: January 16, 2018 @ 4:52 pm
January 16, 2018
According to a posted flyer announcing the 2008 Bonds, this is what it listed:The County has three propositions on the November 4, 2008 ballot. They are:$75 Million for Road Improvements$15 Million for Drainage Improvements$45 Million for Facilities Improvements and New ConstructionThis total, if my math is correct, comes up to $135M.
Thanks, Jose'. I had the wrong figure. I will get it corrected. We regret the error.
Marissa, Thanks for your note!
In support of my earlier comment: Strange bedfellows push for $135M road bondBy T.J. Aulds Oct 30, 2008
According to a posted flyer announcing the 2008 Bonds, this is what it listed:The County has three propositions on the November 4, 2008 ballot. They are:$75 Million for Road Improvements$15 Million for Drainage Improvements"$45 Million for Facilities Improvements and New ConstructionThis total, if my math is correct, comes up to $135M."How much is left of the 2008 bonds ($50 mill)? Was the original streets and drainage work done or were we being asked to approve bonds again for the same projects? It seems we might have had better drainage in Harvey if the work had been done with the $135 mill. It sounds like the state legislature on water projects.
I think we need to get a detailed report from our Commissioners on all the projects that made up the $135M Bond of 2008. I would like to know: The confirmed list of all projects, date of completion - or when scheduled for completion, actual cost and how effective - specially the flood management projects - were during Harvey. We need to have clear accountability and visibility of these projects. As we move to begin the process of developing the just approved $80 M, we need to expect similar reports - it would be good to have these as they go.
Jose, much of this will be dependent upon local governments, available personnel, equipment and resources. But bottom line, IRS Arbitrage regulations ensure the speed with which the funds must be expended (and therefore projects completed), otherwise there are severe penalties for unexpended funds.
Ron, thanks for the explanation, but it has been since 2008. All I am asking for is a detailed report of projects, dates completed and actual cost. Here we are as voters not really knowing the balance of the $135M in 2008 and now having approved another $80M. Regardless, there must be some checks and balances; that is all I am asking.
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