Raleigh City Council voted Tuesday to place a bond referendum on the November ballot for improvements to parks and recreational facilities.
The $91.775 million bond will be used to improve and expand existing parks and recreational facilities, acquire new park land, and construct new parks and recreational facilities throughout Raleigh as part of a newly adopted System Plan for the city's Parks, Recreation and Cultural Resources Department.
The city says the System Plan shapes the direction, development and delivery of its parks and greenways, recreation services, and cultural resources over the next 20 years.
The referendum will appear on the Nov. 4 ballot for consideration by Raleigh voters. If approved, Raleigh's property tax will increase by 1.72 cents, which would go into effect July 1, 2015.
The city's current tax rate is 40.38 cents per $100 of property valuation.
During it's June 17 meeting, city council voted not to include a long-talked-about whitewater park to the list of projects to be funded by the bond proposal. The proposed Falls Whitewater Park would be located in the Neuse River below Falls Lake Dam.
In 2007, voters approved an $88.6 million bond referendum for park land acquisition, new parks and recreational facilities, and improvements.
Friday, August 1 2014 5:41 AM EDT2014-08-01 09:41:44 GMT
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