Councilman Says Bond Proposal Must Be Under $60 Million For Public Support - KCBD NewsChannel 11 Lubbock

1/19/09

Councilman Says Bond Proposal Must Be Under $60 Million For Public Support

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How much is too much, or too little, for Lubbockites when it comes to millions of dollars in improvement projects? Now is your chance to speak out. 

Monday, the 34th Street Association urged the Lubbock City Council to consider a bond package for sidewalks, gutters, new street paving and related projects. They estimate the cost at more than $38 million. 

Councilman Todd Klein says a bond package would have to be $30 million or more to have any real impact. His preference is between $50 million and $60 million, but thinks if it goes over $60 million voters would reject it. "We need to do this sooner than later. Because it'll only become more expensive and we want to do 34th Street before it becomes an urban renewal project. [Let's] do it as a capital project, and not allow the center, heart of our city to continue to hollow out," Klein said.

Klein says one penny per hundred on the property tax roll can support up to $12 million of debt.  By the way, he's not only thinking about 34th Street but also money for a new animal shelter. 

Councilman Klein will host a town hall meeting Tuesday evening at the Hutchinson Middle School cafeteria at 5:30 p.m. He plans to discuss the proposed bond election as well as other issues affecting District 3.

1/19/09
34th Street Businesses Seek Bond Election for Revitalization Project
For many years, 34th Street supported new construction in other parts of Lubbock. Now businesses in the 34th Street Association hope Lubbock residents will return the favor.

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