Wednesday, February 2, 2011

LO City Council Goal is a $40-90 Million Bond for the WEB (Property Taxes to Increase?)

To all COLA LO Members,

The preliminary city council goals and objectives for 2011 have been drafted.   The initial goal is to propose a bond measure for the WEB.

It's anticipated the Measure will be drafted to request $40-90 million to purchase and upgrade the WEB building.  It is a top priority for the new council.  

The initial discussion is to have the measure on the May ballot but this may be delayed depending upon council discussions.  

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