Item Coversheet

CITY OF HOUSTON - CITY COUNCIL

Meeting Date: 8/16/2022
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Item Creation Date: 8/1/2022

FIN - City of Houston Bond Election

Agenda Item#: 13.


 
                               
Summary:

ORDINANCE ordering an election to be held on November 8, 2022, for the purpose of submitting to the qualified voters of the City of Houston, Texas, certain propositions for the issuance of Public Improvement Bonds for Various Purposes; designating the location of each polling place and hours that the polls shall be open; providing for severability

Background:

Adopt an ordinance ordering an election to be held on Tuesday, November 8, 2022 to request voter authorization of the issuance of City of Houston Public Improvement Bonds in the total amount of $468,000,000.

 

SPECIFIC EXPLANATION:

The proposed ordinance orders an election to be held on Tuesday, November 8, 2022, to request voter approval of the issuance of Public Improvement Bonds to be used for capital improvements and equipment in the following categories and amounts:

 

 

Proposition A

Public Safety 

$ 277,000,000

Proposition B

Parks

$   50,000,000

Proposition C

Animal Care - BARC

$   47,000,000

Proposition D

Public Health

$   33,000,000

Proposition E

General Permanent Improvements

$   29,000,000

Proposition F

Library

$   26,000,000

Proposition G

Solid Waste

$     6,000,000

 

TOTAL

$ 468,000,000

 

 

 

 

__________________________________________________

 

Will Jones

Interim Finance Director

Finance Department


Contact Information:

Will Jones                                            Phone: 832-393-9051