Lake Jackson 2021 Bond Guide

BOND ELECTION GUIDE 2021

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VOTE MAY 1, 2021

MARCH 31,2021

The City of Enchantment

SPRING 2021

BOND ELECTION 2021 VOTERS TO CAST BALLOTS ON $26.5 MILLION BOND PROGRAM

Lake Jackson voters will cast ballots in a $26.5 million bond election on May 1, 2021. It seven propositions that were chosen

by Lake Jackson residents.

In July 2019, the Lake Jackson City Council appointed a forty (40) member Bond Task Force with the following charge: Review capital improvement projects for a future General Obligation bond election Prioritize and group projects for bond proposals Review financial feasibility of bond proposals Provide opportunities for citizen input Submit Recommendation to City Council The council reviewed the submissions and on Feb. 1, 2021 adopted the ordinance to call a $26.5 million bond election with six propositions on May 1, 2021.

VOTER REGISTRATION

The 2021 Bond Election is open to all Lake Jackson residents who are registered to vote.

A person must register to vote at least 30 days before the election date.

To register to vote,

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VOTERS WILL CAST BALLOTS ON INDIVIDUAL PROPOSITIONS

VOTERS WILL AUTHORIZE FUNDS

click here.

PROJECTS APPROVED ARE ESTIMATED TO BEGIN WITHIN 5 YEARS OF ELECTION ELECTION DAY MAY 1, 2021

PROPOSITION A $3.7 MILLION

Completed in 2003, the current animal facility has not held up well and needs major repairs. If approved, the new facility or renovation of the current facility will include a sustainable design concept.

PROPOSITION B $2.4 MILLION

Renovate 4,700 square feet and expand 4,125 square feet for evidence storage.

PROPOSITION C $300,000

Replace library carpet and meeting room flooring that has become stained, rippled or torn since it was originally installed about 30 years ago. The cost includes raising bookshelves to replace the carpet.

PROPOSTION D $2.6 MILLION

Reconstruct 4,000 linear feet of streets, sidewalks, drainage, water and sewer lines on Pin Oak, North Shady Oaks & Forest Oaks.

PROPOSITION E $12.1 MILLION

Complete reconstruction of approximately 6,700 linear feet of streets with new sidewalks, drainage, water and sewer at Moss, Chestnut, Wisteria and Palm Lane. Project covers 4 streets and major drainage improvements to the area.

PROPOSITION F $2.9 MILLION

Asphalt reconstruction as well as street and drainage improvements on Willenberg Street, Balsam Street and Sleepy Hollow Subdivision Streets.

PROPOSITION G $2.5 MILLION

Street panel replacement in various locations throughout the City and providing street, bridge, parking, drainage and sidewalk improvements.

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EARLY VOTING APRIL 19-24; 26-27 EARLY VOTING TIMES

April 19-23 8 am – 5 pm April 24 7 am – 7 pm April 26-27 7 am – 7 pm EARLY VOTING LOCATION

Lake Jackson Civic Center 333 Hwy. 332 E

ELECTION DAY ELECTION DAY VOTING

May 1, 2020 between 7 a.m. and 7 p.m.

LAKE JACKSON ELECTION DAY VOTING LOCATION

Lake Jackson Civic Center, 333 Hwy 332 E

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MARCH 31,2021

The City of Enchantment

SPRING 2021

ESTIMATED TAX INCREASE * The information in this section is provided as information only and is not part of the proposition to be voted on and does not create a contract with the voters. It is provided for Code compliance illustration purposes only.

The tax rate impact the issuance of these bonds will have on a residential homestead is estimated by making certain assumptions. Those assumptions are: PHOTO BY MARTIN R. SMITH

The bonds will be broken out into at least three separate issuances over at least four years.

The average interest rate on the bonds will be 3.5% 2% per year overall growth in taxable assessed values Maximum maturity of 20 years Currently, the City of Lake Jackson tax rate is $.328977 per $100 of valuation. Taxes will gradually increase over five years. It is estimated that in the fifth year, a homeowner of a $100,000 house would pay about $30 per year in bond tax.

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VISIT THE WEBSITE FOR MORE INFORMATION ABOUT THE BOND ELECTION

The information provided in this publication is for educational purposes only

To learn about the propositions, where to vote and the potential tax impact of this election, scan the code to the right or visit

tinyurl.com/LJBond