Wednesday, May 23, 2012

City Council Proposes Bond Measures & Considers Selling Lake Access Park Lands

To All COLA LO Members,

Last week our city council approved placing two bonds on the ballot this fall.   One was for $14 million to pay for a new Library as part of the North Anchor project downtown and the other was for $ 5 million to start the process of implementing the Lake Grove Village Center Plan possibly under a new Urban Renewal district.  

The council voted 5-2 to place the bonds on the ballot.   It will be interesting to see how the ballot measures perform at the ballot box.   COLA LO will take a position on the measures.   LO Ballot Measures 

At the same time it appears the city may sell park land it owns on the lake to the Lake Corp.    There is a lot of speculation on the motivation of this decision and it will be discussed at a future council meeting.   The details of the announcement can be found at Council Selling Park Land?  

Please notify all members, contacts, and friends.  

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