|Ballot proposition||The issuance of not to exceed $29,000,000 of City of Haltom City, Texas general obligation bonds for designing, acquiring, constructing, renovating, improving, and equipping a law enforcement center, and the levying of a tax in payment thereof.
La emisión que no deberá de exceder de $29,000,000 en bonos de obligación general de la ciudad de Haltom City, Texas para diseñar, adquirir, construir, renovar, mejorar, y equipar un centro de aplicación de la ley, y la imposición de un impuesto para el pago de lo anterior.
|If I vote FOR||The city will issue $29 million in bonds to fund economic development.|
|If I vote AGAINST||The city will not issue $29 million in bonds.|
|Tax consequences||According to the city, “due to the repayment of existing debt, this bond issuance would not require a property tax rate increase.”
|What is a bond?||A bond is essentially an IOU. Instead of going to a bank to get a loan, like an individual might do, governments can issue bonds to raise money for specific projects. An investor buys a bond on the understanding that they will be paid back, in full and with interest, on a set date (limited by law to 40 years). In most cases, governments must seek voter approval to issue a bond
|What projects would this bond cover?||In February 2021 the City Council voted to call a Special Election to consider a bond proposal in order to build a new Law Enforcement Center. The current Haltom City Law Enforcement Center was constructed in 1959 and served as a grocery store for many years. The city bought the property in 1995 and the Haltom City Police Department has been operating out of the building since 1997.
The new Law Enforcement Center would include:
- Enhanced security and safety improvements for visitors, police officers, and staff Restricted, private area for victims and witnesses
- Emergency Operations Center and training facilities
- Multipurpose/Community Resource Room
- Secure parking for police vehicles
- Additional work & storage space for police officers & staff - Creating space for information technology infrastructure - - Secure outside storage
|Resources||Contact City Secretary
https://haltomcitytx.wufoo.com/forms/m7x1q9/ (website form)
Haltom City, Special Election 2021 https://www.haltomcitytx.com/images/pdf_citysecretary/elections/may_1_2021/special_election/haltom_city_may_1_2021_special_bond_election_voter_information.pdf