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Originally Posted by
shawnw
GREAT!!!
IMO we should know what the 2017 GO Bond projects are before we go picking MAPS 4 projects that are infrastructure related since infrastructure is covered heavily by GO Bonds.
Go Bonds election: Sept. 12, 2017, election.
Next MAPS Initiative election: December 31, 2017.
Go-Bonds process that is now taking place; many of us are participating in the process.
OKC has $184 million left from an $835 million bond that was approved in 2007.
Neighborhoods (Within each Ward) have deteriorated to the point that it will take the Go Bonds and a MAPS extension to address the issue. Go Bonds (Funding) will more likely address the below ground crumpling infrastructure & City streets.
Jim Couch suggested in July 2016:
The next general obligation bond vote will come in the fall of 2017. City manager Jim Couch suggested a MAPS election could take place simultaneously, Crum writes:
Couch said the next MAPS “could be a shorter term, two to three years, and focused more on residential needs rather than large-scale projects.”
Couch's memo provides a good road map for elected leaders to follow, Cornett said.
A three-year extension of the MAPS sales tax and approval of a five-year general obligation bond program could, along with impact fees,
raise in the neighborhood of $500 million for streets by 2022, much quicker than bonds alone could achieve.
Source: http://kgou.org/post/cornett-couch-s...a-city-streets
City will need a strategy to balance the Go-Bond & Penny sales tax extension where the outcome can be achieved in one Fall ' 17 election--collection of the sales tax extension would be completed by 2020.
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