From Deseret News archives:
Prop. 1 to add funds for Provo road work
Voters to decide whether to delay payoff of bond
- Page:
- < Previous
- 1
- 2
The 1986 bond was for $8 million. The city paid $3,126,440 in interest.
The 1995 extension was for $6.6 million. The city has paid $3,583,424 in interest and is scheduled to pay another $530,444 through 2009.
Both propositions passed easily. The '86 bond and tax increase passed with 62 percent of the vote. Voters approved the '95 extension in a landslide, 87 percent to 13 percent.
There has been little opposition this year, although mayoral candidate Dave Bailey has suggested that instead of a bond, the city should look at using some of the $65 million it has in reserves parked in the city's different budget categories.
Even if voters pass Proposition 1, work might not begin for a year.
"We might not spend much the first year because we'll be hoping prices come down," said Wayne Parker, the city's chief administrative officer. "We know the roads that will be targeted. We don't know if we'll get them all done. The cost of oil and the difficulty of ordering supplies is a problem because of Iraq."
The supply shortage has created other difficulties.
E-mail: twalch@desnews.com
- Page:
- < Previous
- 1
- 2
Comments
- House votes to extend tax on estates 1:01 p.m.
- What do cats do home alone? 12:58 p.m.
- Report saps stock market gains 12:57 p.m.
- U.K. denies entry to bin Laden's son 12:49 p.m.
- Suicide bomb attack in Somalia 12:48 p.m.
- Phoenix signs off on LDS temple 12:43 p.m.
- 2 hurt when truck overturns 12:32 p.m.
- Ogden fire displaces family of 5 12:26 p.m.
- Transcript of Chaffetz 'Twittologue' 12:22 p.m.
- Woman dragged to death by car 12:04 p.m.
- Why is Y. ignoring spew of hatred?
- Hate not limited to 1 in-state rivalry
- Mitchell said to share LeBaron traits
- Aggies shoot past Cougars
- Miles is back, but others still out
- Unbeaten BYU takes trip to Logan
- BYU prof a 'Top Global Thinker'
- Toddler dies trapped under mattress
- Sloan gets 1-year extension
- Wildcats snap long U. losing streak
- Hall mouths off about hate of Utah
918 - Cougars beat Utes in overtime
483 - Hall reprimanded by MWC
406 - Max Hall issues apology
393 - Hall's pain reflects self-betrayal
361 - Utes won't respond to Hall
278 - Why is Y. ignoring spew of hatred?
267 - BYU says Hall incident resolved
245 - 2 citations issued at Y.-U. game
185 - Religion in politics is tiresome
156
If you want to learn what it's like to be an astronaut on the...
First, a big thank you to all who posted questions here for me to ask...
this is my brother when he was like sixteen
Falcons lose
The marketing departement of the London School of Economics estimates that...
I think its hilarious and ironic that usu fans make fun of A byu player...
to to SdSmith | 12:46 p.m. Dec. 3, 2009 I don't understand why genetics...
"Cougars lack toughness and fold under real pressure. Playing on the road...
This defiantly does not fit Adam Smith’s vision. Are we saying we...
Conservatives are all about the MONEY! $$$$$$ Show me ONE scripture that...
Pleeeaassee! Why are we giving this guy the time of day?! Why is Barbara...
Sarah Palin is our new Messiah. The days of the democrats is numbered.




You can be the first to comment on this story.