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Raleigh bond proposals will go on October ballot

Posted August 3, 2011

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— Raleigh's city council on Tuesday unanimously approved $56 million in bonds proposals for the Oct. 11 municipal election.

The city is asking Raleigh voters to approve $40 million in transportation bonds and $16 million in housing bonds that would add .91 cents per $100 valuation to the city’s property tax rate.

The increase would translate into an annual property tax increase of $17.11 on a home valued at $188,139, the median-priced assessment for Raleigh homes.

The transportation bond would include funding for bicycle lanes, greenways, new sidewalks, and street resurfacing projects while the housing bond would allow funding for affordable housing programs.

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  • branch155 Aug 4, 2011

    There's a reason that the federal and state governments are in serious financial trouble: They have issued excessive debt. Harlan Boyles warned about this in his last years as state treasurer. Bike paths and greenways in the middle of a very poor economy, paid for with increased property taxes? Count me as a no vote.

  • tony16 Aug 4, 2011

    Affordable housing - How do you feel about the City replacing dilapidated rental housing with "affordable" single family homes that are SOLD to tax-paying citizens while, at the same time, increasing property values and home ownership in a "transitional" neighborhood ? Proceeds from sale of the homes are used to pay back the bonds. It's a win-win for the City and the older neighborhoods, and is NOT the "projects" you envision. Move on to the 21st century and learn of which you speak.

  • Common Man 1964 Aug 3, 2011

    Screw affordable housing projects...we don't need more Ghettos...TAKE SOME PERSONAL RESPONSIBILITY PEOPLE!!!

  • aspenstreet1717 Aug 3, 2011

    If we were not saddled with the Raleigh Randy Parton Theatre (Convention Center) maybe we would not have to have another bond issue.

  • simplemind2 Aug 3, 2011

    On Oct, 11, I for one will cast my "NO" vote to both the $40 million in transportation bonds and $16 million in housing bonds. And that's a personal promise.

  • geosol Aug 3, 2011

    "I have a hard time finding the value in this when education seems to be such a mess. I am more concerned about what is going on there then greenways.."
    Wow!!! You make a great case for voting for any type of education bond. Thank you for your support!

  • bnlncteach Aug 3, 2011

    I have a hard time finding the value in this when education seems to be such a mess. I am more concerned about what is going on there then greenways..

  • dwntwnboy Aug 3, 2011

    "Be smart voters. Vote no. Debt is not your friend, nor will it ever be your friend"- but road repair, new sidewalks, bike lanes and greenways are GOOD things. They improve home value and the quality of life for everyone. Homes near greenways, parks and schools are always the first ones to sell- and for higher prices. I live in a neighborhood without sidewalks in dwntwn and it's downright dangerous sometimes to walk through the neighborhood since you have to do it in the street. It's the little things that make a city great. Raleigh has done a great job with the greenway system- it's a wonderful addition to the city and a great way to get some exercise and enjoy nature.

  • nichon Aug 3, 2011

    If they could do to the Capital Blvd corridor what they did for the Glenwood Ave area I would be ok with this bond.

  • whatelseisnew Aug 3, 2011

    Be smart voters. Vote no. Debt is not your friend, nor will it ever be your friend.

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