The bond will address 10 projects for a total cost of $120 million. The remaining $30 million will come from leftover voter-approved 2008 and 2015 bond funding, officials said.
If approved, the city will issue debt for seven years with a maximum tax rate impact of $0.03 per $100 valuation over that time, city officials said. Officials said the tax rate impact is not yet set and may be lower if the city’s assessed valuation grows more than what is predicted.
The following roads will be addressed:
- SE Inner Loop—$32.06 million
- Shell Road—$12.5 million
- Williams Drive—$10.19 million
- D. B. Wood Road—$18.9 million
- Leander Road—$7.74 million
- Austin Avenue bridges—$10.19 million
- Rockride Lane—$5.78 million
- Sam Houston Avenue—$4 million
- Westinghouse Road—$8.2 million
The bond will also allocate $10.45 million for sidewalks, bike lanes, intersections and technology updates.
Early voting will run between April 19-27. Election day is May 1.