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Mobility, Greenway, and Parks & Recreation Projects
On Tuesday, March 10, 2020, staff discussed capital planning and funding options with the Board of Commissioners.
Leading into the FY2021 budget process, staff had developed a series of proposed structural budget changes that are designed to create a more proactive and transparent process for funding capital infrastructure improvements. Additionally, there is new information available after the sale of Continuum. Staff will brief the board on these two key issues for feedback in advance of preparing the FY2021 Operating and Capital Budget.
Part of that presentation walked through prioritized projects eligible for 2017 G.O. bonds. That list is available here.
Tuesday, May 23, 2017 - the Davidson Board of Commissioners decided to move forward with considering the use of general obligation bonds to find transportation, greenway, and parks projects.
May 23, 2017 General Obligation ("GO") Bond Presentation
June 13, 2017 Actions Davidson GO Referendum
LIST OF POTENTIAL BOND PROJECTS
At the June 13, 2017 meeting, the board of commissioners passed three resolutions to move forward, allowing a bond order to be introduced at the July 11 meeting. Also in July, the board of commissioners passed a public hearing resolution and set the date for the hearing, scheduled for August 8. On August 8, the board of commissioner voted to put the three bond referenda on the November 7, 2017 ballot to allow citizens to vote.
August 8: Finance Director Pieter Swart presented on the potential use of general obligation bonds to accelerate mobility (transportation), greenway, and parks and recreation projects. The Davidson Board of Commissioners held three public hearings, one for each project category and heard comments from several citizens on the following:
•Public hearing on the mobility bond order: The bond orders include the issuance of up to $6,000,000 in general obligation mobility/transportation bonds
•Public hearing on the greenway bond order: The bond orders include the issuance of up to $5,000,000 in general obligation greenway bonds
•Public hearing on parks and recreation bond order: The bond orders include the issuance of up to $4,000,000 in general obligation parks and recreation bonds
Presentation from August 8, 2017
How will questions appear on the November 7 ballot? (Voters are able to vote on one, two, or all three bond referenda)
Mobility/Transportation (up to $6,000,000)
- “SHALL the order authorizing $6,000,000 of bonds plus interest to provide funds to pay
the capital costs of constructing, reconstructing, enlarging, extending, widening, paving,
resurfacing, grading and improving certain streets, roads, roundabouts, intersections,
pedestrian sidewalks and bicycle lanes, including traffic and safety controls, signals,
markers, lighting, related landscaping and streetscaping and the cost of any related studies,
plans and design related thereto; and the acquisition of land, rights-of-way in land and
easements therefor, and providing that additional taxes may be levied in an amount
sufficient to pay the principal of and interest on the bonds be approved?”;
with squares labeled “YES” and “NO” beneath or beside such words in which squares the
voter may record his or her choice on the question presented; and
Greenways (up to $5,000,000)
2.“SHALL the order authorizing $5,000,000 of bonds plus interest to provide funds to pay
the capital costs of developing and preserving new and existing greenways, public open
space and walking trails, including multi-use paths and protected bicycle lanes and the cost
of any related landscaping, studies, plans and design related thereto; and the acquisition of
land, rights-of-way in land and easements therefor, and providing that additional taxes may
be levied in an amount sufficient to pay the principal of and interest on the bonds be
approved?”; with squares labeled “YES” and “NO” beneath or beside such words in which squares
the voter may record his or her choice on the question presented; and
Parks & Recreation (up to $4,000,000)
3.“SHALL the order authorizing $4,000,000 of bonds plus interest to provide funds to pay
the capital costs of acquiring, constructing, renovating, expanding and improving various
parks and recreation facilities, including constructing, paving, resurfacing, grading and
improving certain parking lots related thereto; acquiring land for future parks and
recreation facilities; and acquiring any necessary furnishing and equipment, rights-of-way
in land and easements therefor, and providing that additional taxes may be levied in an
amount sufficient to pay the principal of and interest on the bonds be approved”;
with squares labeled “YES” and “NO” beneath or beside such words in which squares
the voter may record his or her choice on the question presented
For a list of Frequently Asked Questions, click here Version OptionsMobility, Greenway, and Parks & Recreation ProjectsHeadline.
To watch a VIDEO about the three bond referenda on the November 7 ballot, click here Version OptionsMobility, Greenway, and Parks & Recreation ProjectsHeadline.
June 12, 2018
Video from the Board of Commissioners meeting
May 8, 2018
These are the projects that the Davidson Board of Commissioners are considering for funding with GO Bonds at some point in the next seven to ten years:
If the Davidson Board of Commissioners move ahead with the public facilities project, and if voters approve all three GO Bond referenda, this would be the effect on the tax rate and tax payments for someone with a home valued at $500,000: