When was the last bond election for street improvements?

In February 2003, the voters authorized $37,210,000 for street and other improvements. The bonds were issued with no increase to the property tax rate. All of the 2003 bond-funded projects were completed as planned except for the widening of Boulevard 26, which was a joint project with TxDOT. Unfortunately, due to statewide funding shortfalls and other priorities, TxDOT has been unable to proceed with the project. The city’s $3 million for the project remains unspent. In addition, there was $860,000 in savings from other 2003 bond projects.

The city is planning to use the $3,860,000 in remaining 2003 bonds to reconstruct Glenview Drive East (Boulevard 26 to Flory). In addition to having a poor pavement condition rating, Glenview Drive was identified as the street most in need of improvement in recent citizen surveys. Reconstruction of Glenview Drive West (Honey Lane to the city limit) is one of 27 street projects proposed for the 2020 bond election.

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1. What is a general obligation bond?
2. Why is the bond election being held now?
3. Why not postpone the election to May 2021 or another future date? 
4. Why issue bonds, rather than paying for projects with cash?
5. How will the bond proposition impact the city’s property tax rate?
6. Why doesn’t the city spend less on the golf course, NRH2O, parks and trails and more on fixing streets? 
7. How much was the city’s last bond election?
8. When was the last bond election for street improvements?
9. How were proposed projects for the 2020 bond election selected?
10. Why didn’t the city maintain these streets better? 
11. If approved, who will perform the street improvement work?
12. Will the Mayor’s construction firm benefit from this bond election? 
13. If the bond proposition is approved, when will construction begin?
14. Which streets will be reconstructed first?
15. How objective was the ranking?
16. Some of the proposed projects include all of the street, while others don’t. How were project limits determined?
17. If the bond proposal passes, what type of pavement will be used?
18. Will sidewalks be added?
19. How long will each project take?
20. How will you make sure construction does not take months or years longer than expected?
21. How many miles of streets does NRH have? Does the proposed bond program impact their maintenance?
22. When will other streets be reconstructed?
23. Who served on the 2020 Capital Program Advisory Committee?