Lubbock Leaders Call Off $104-Million Bond Proposal - KCBD NewsChannel 11 Lubbock

2/8/08

Lubbock Leaders Call Off $104-Million Bond Proposal

A $104-million bond will not go before Lubbock voters in May. City leaders called off the proposal late Friday afternoon. Now, several of those projects are on hold.

A significant portion of that bond money would have gone toward improving 34th Street. A chamber of commerce survey showed a lot of support for that project, but some folks also voiced concern that a May election could be politicized during the May, mayoral election.

The bond discussion started with how to pay for new soccer fields at the youth sports complex on FM 1585.  City Manager Lee Ann Dumbauld told city council in December that as part of that discussion, they need to address other critical needs.

Friday, Dumbauld released this statement: 

I am sensitive to the enormity of the cost of these projects, and to our community's desire to proceed cautiously. I will continue to urge the city council to move forward with a bond election in November to address these critical needs. The longer we delay the greater burden we will face as construction prices continue to escalate.

Dumbauld says a one-year delay could increase costs as much at 10%.  That would add about $10-million to what was proposed in this latest bond package.

The city did not give a specific reason for why they decided to hold off on this bond, other than the chamber survey that showed most of the people polled favored a November election.

City Councilman Todd Klein says he also supports a November election, but was still surprised by Friday's announcement.

"Pleasantly surprised, absolutely. I was hoping that would be the case, certainly, a few weeks back when I sent out a press release; I firmly believe based on the conversations I was having that there was a desire to wait until a better time, and that better time, to me, is November," Klein said. 

Again, Dumbauld say she'll push for the projects to go to voters in November, but that has not been decided on by council.

 

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