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2012 City Bond Referendum Presentation

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City Propositions A-E November 6, 2012 City of Houston Bond Election
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Page 1: 2012 City Bond Referendum Presentation

City Propositions A-ENovember 6, 2012 City of Houston Bond Election

Page 2: 2012 City Bond Referendum Presentation

C I T Y P R O P O S I T I O N S A - E | N O V E M B E R 6 , 2 0 1 2 | C I T Y O F H O U S T O N B O N D E L E C T I O N

Why do we need the City Bonds?

n Bond revenues are a primary resource in funding the city’s capital improvement projects

n Our current needs range from roof and foundation repairs at city-owned buildings, to entirely new police and fire stations, to improvements to parks, libraries and health, trash and recycling facilities

n The city is asking voters to authorize the sale of $410,000,000 in bonds on the November 6 ballot

Page 3: 2012 City Bond Referendum Presentation

C I T Y P R O P O S I T I O N S A - E | N O V E M B E R 6 , 2 0 1 2 | C I T Y O F H O U S T O N B O N D E L E C T I O N

Why now? Fiscal planning.

n The city asks voters to authorize the sale of bonds every 5 – 6 years

n The current authorization, approved in 2006, will last for about one more year

n A five-year bond authorization provides time for planning for continued maintenance and improvements at public facilities

n This is a pre-approval; the actual sale of any of the bonds cannot occur without a subsequent vote of City Council

Page 4: 2012 City Bond Referendum Presentation

C I T Y P R O P O S I T I O N S A - E | N O V E M B E R 6 , 2 0 1 2 | C I T Y O F H O U S T O N B O N D E L E C T I O N

Fiscal Impacts n The City Bonds do not require a tax increase

n The current bond proposal is the smallest in more than 30 years — and hundreds of millions of dollars less than the three previous bond measures:

$545 million $776 million $625 million $410 million

1997 2001 2006 2012

Page 5: 2012 City Bond Referendum Presentation

C I T Y P R O P O S I T I O N S A - E | N O V E M B E R 6 , 2 0 1 2 | C I T Y O F H O U S T O N B O N D E L E C T I O N

The November 6 Ballot Measure

The city is asking voters to approve a package of bonds totaling $410 million:

n Proposition A: $144 million in Public Safety Improvement Bonds

n Proposition B: $166 million in Park Improvement Bonds

n Proposition C: $57 million in Public Improvement Bonds for health, sanitation/recycling and essential improvements at city facilities

n Proposition D: $28 million in Library Improvement Bonds

n Proposition E: $15 million in Public Improvement Bonds for affordable housing efforts.

Page 6: 2012 City Bond Referendum Presentation

C I T Y P R O P O S I T I O N S A - E | N O V E M B E R 6 , 2 0 1 2 | C I T Y O F H O U S T O N B O N D E L E C T I O N

Proposition A $144 million in Public Safety Improvement Bonds

n Improvements at neighborhood police stations citywide

n Expansion of Fire Station 55, City Council District D

n New fire station to serve Pine Brook area, City Council District E

n Expansion of Fire Station 22, City Council District I

n Fire station maintenance/improvements citywide

n Facility security improvements

n Other building repairs

Page 7: 2012 City Bond Referendum Presentation

C I T Y P R O P O S I T I O N S A - E | N O V E M B E R 6 , 2 0 1 2 | C I T Y O F H O U S T O N B O N D E L E C T I O N

Proposition B $166 million in Park Improvement Bonds

n Improvements at parks citywide, including at Haden, Busby, Judson Robinson Sr., Jaycee, Wright, Bembry, Hermann, Alief, Nieto, Squatty Lyons, Gragg, Braeburn Glen and Wildheather Parks

n Pavilion replacements

n Swimming pool upgrades and replacements

n Ball field lighting upgrades

n Trail replacement and overlays

n Bayou Greenways Project

Page 8: 2012 City Bond Referendum Presentation

C I T Y P R O P O S I T I O N S A - E | N O V E M B E R 6 , 2 0 1 2 | C I T Y O F H O U S T O N B O N D E L E C T I O N

Proposition C $57 million in Public Improvement Bonds for health, sanitation/recycling and essential improvements at city facilities

n Repairs to City Hall and City Hall Annex

n Renovation of the Westpark recycling facility, City Council District J

n Renovation of the Central Depository, City Council District I

n Possible repair of Sunnywide Multi-Service Center, City Council District D

n Environmental remediation

Page 9: 2012 City Bond Referendum Presentation

C I T Y P R O P O S I T I O N S A - E | N O V E M B E R 6 , 2 0 1 2 | C I T Y O F H O U S T O N B O N D E L E C T I O N

Proposition D $28 million in Library Improvement Bonds

n Renovation of the Montrose Library, City Council District C

n Replacement of the Moody Library, City Council District H

n Replacement of the Meyer Library, City Council District K

n Renovation of Robinson-Westchase Library, City Council District F

Page 10: 2012 City Bond Referendum Presentation

C I T Y P R O P O S I T I O N S A - E | N O V E M B E R 6 , 2 0 1 2 | C I T Y O F H O U S T O N B O N D E L E C T I O N

Proposition E $15 million in Bonds for Affordable Housing

n These bonds will be used to demolish blighted properties to provide locations for construction of affordable housing using federal funds.

Ella Square was demolished in 2010. This is an example of how these bonds will be used to pay for demolition projects.

Page 11: 2012 City Bond Referendum Presentation

C I T Y P R O P O S I T I O N S A - E | N O V E M B E R 6 , 2 0 1 2 | C I T Y O F H O U S T O N B O N D E L E C T I O N

Bayou Greenways Project n A $200 million public-private partnership:

• $100millionofthe$166millionParkImprovementsBond

• $100millionraisedfromotherfunds,includingindividuals,foundations and federal grants

n Completes the 100-year old vision of Mayor Horace Baldwin of continuous public parks and trails along every major bayou segment in the city

n When completed, this project will provide improvements in every City Council district in Houston.

0 7.5 153.75Miles

LegendBayou GreenwaysOther Major ParksBayous and WaterwaysDowntownMuseum DistrictTexas Medical CenterReliant ParkMajor UniversitiesHouston City Limits

1:300,000

Data: City of Houston, Houston Parks BoardCreated for Parks By YouDate: July 2012

Tomorrow's Bayous!

C y p r e s s C r e e k

G a l v e s t o nB a y

C l e a r C r e e k

S i m s B a y o u

S h i p C h a n n el

B u f f a l o B a y o u

H u n t i n g B a y o u

S p r i n g C r e e k

Wh

i t e O

ak B

a y o u

B r a y s B a y o u

H a l l s B a y o u

G r e e n s B a y o u

Page 12: 2012 City Bond Referendum Presentation

For more information, call Nelson at (832) 393-0955 or visit: www.HoustonTX.gov/2012bondreferendum.html

Propositions A-E are located near the bottom of a very long ballot. Please remember to vote!

Election Day is November 6. Early Voting begins October 22.


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