Bonds on ballot for Chapel Hill, Fuquay, Apex voters
Posted October 29, 2015
Raleigh, N.C. — Officials in three Triangle communities are asking voters for the go-ahead in next Tuesday's elections to pay for infrastructure projects to keep up with population growth.
Chapel Hill residents will vote on five separate bond issues totaling just over $40 million. Projects include downtown streetscaping, building recreational facilities, expanding greenways and trails, providing more solid water services and making improvements in stormwater collection.
Town officials said they believe Chapel Hill can repay the bonds without a tax increase, but the stormwater bond may require an increase in fees.
In Fuquay-Varina, voters will decide on $26 million in transportation, water and sewer bonds. The bulk of that would go toward relieving traffic congestion, including improvements at busy intersections along Main Street.
Officials said the transportation bond could lead to a tax increase of up to about $140 a year on a $200,000 home.
In nearby Apex, voters will say yes or no to a $15 million bond referendum for streets and sidewalks. Two-thirds of that amount would go toward completing the Apex Peakway, which would act as a bypass to N.C. Highway 55.
Officials said the bond wouldn't require a tax increase.
Early voting for the municipal elections runs through Saturday, and the polls will be open on Tuesday for Election Day.