The Project
Several key streets have been identified as being in imminent need of preservation efforts. This means grinding down the top layer, making repairs, laying down a fresh coat of asphalt and upgrading ramps and sidewalks to ADA standards. Why? Because reconstructing roads are 4-10 times more expensive and much more intrusive on the lives of those that use the roads daily.
And, Springfield IS worth it!
The Bond
7
Important Roads Preserved
At least 8 street sections, important to our community, will be preserved. 3 additional street sections have been identified if funds can be stretched that far.
5
Years to Collect the assessment
If passed, at will cost an estimated $0.50 cents per $1000 of assessed value (usually lower than market value) of property, per year for 5 years. That means it will cost the average homeowner $79 per year or $6.59 per month.
10
Million Dollars Raised
This general obligation bond is for 5 years and $10 million to fund repairs to a list of proposed city streets. No new roads will be built and no new city staff hired as a result of this project.
Impact to Homeowners
Bond Measure 20-296 proposes a 5 year, $10 million dollar general obligation bond to fund street repairs. It will cost an estimated $0.50 per $1000 of assessed value. The average home owner will pay an additional $79 per year for 5 years. That works out to just $6.58 per month. For the cost of one lunch out a month we will all get better roads to many of the destinations we know and love.
Get Involved
Talk to your neighbors, put up a yard sign, or donate to help us spread the word about what a necessary project this is. Springfield IS worth it!
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