Chamber backs $198 million Lubbock ISD bond election - KCBD NewsChannel 11 Lubbock

10/1/10

Chamber backs $198 million Lubbock ISD bond election

By Michael Slother | email

LUBBOCK, TX (KCBD) – The Lubbock Chamber of Commerce endorsed the proposed LISD bond early Friday after a unanimous vote. Chamber chairman Joe Rapier called the bond a ‘necessary and sound' investment.

Rapier says the $198 million bond would have a $465 million economic impact on the city. He compared the number to 40 Texas Tech, Texas football games. The chamber says that since LISD has worked to retire debt the new bond would not bring a tax rate increase.

The bond goes to early voting beginning October 18, 2010, and goes before election on November 2, 2010.

Copyright 2010 KCBD.  All rights reserved.

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