02 Nov Voting on Street Bond Referendum Today
By: Mariana Byrd
Today, Tuesday, November 2, 2010, is the day to get out and vote. The 20 million dollar street bond referendum is up for a vote today. The city of Durham would like to borrow $20 million to repave 150 miles of streets. The $20 million would come in the form of a property tax increase to a total 0.76 cents per $100 property valuation.
Supporters of the referendum say now is the time to borrow the money as construction costs are lower and the worst streets need to be repaved now before they get in worse shape and cost more money to repair in the future. In addition, City Hall says that this will be the last time Durham asks to borrow money for street repairs (as published by Jim Wise, staff writer of thedurhamnews.com on 10/2/10). Only time will tell if that statement is true.
Those who oppose the street bond wonder why the city has to (a) borrow money to fund basic infrastructure, and (b) borrow more money when Durham is already in debt. Others question whether the 20 million dollars can be better used elsewhere.
If you would like to find out which streets are on the proposed bond before voting check out this link: http://gisweb.durhamnc.gov/durhammaps/operationgreenlight/viewer/index.html. There is also more information on the referendum on Durham City’s website.
All of these decisions, ballots, and referendums affect us and the city that we love, so make sure to get out and vote today.