(Legal Notice) Sept. 9, 2016 CITY OF ISSAQUAH NOTICE OF PUBLIC HEARING TO CONSIDER TRAFFIC IMPROVEMENT BONDS The Issaquah City Council will hold a public hearing at its regular meeting of Oct. 3, 2016 to consider supporting the following proposition which will appear before voters at the Nov. 8, 2016 General Election. Full Ballot Title: City of Issaquah Proposition No. 1 Traffic Improvement Bonds The Issaquah City Council adopted Ordinance No. 2774, regarding voter approval for financing traffic improvements. If approved, this proposition authorizes the City to finance capital projects designed to reduce congestion, enhance safety, and improve local streets and related amenities. It would authorize issuance of no more than $50,000,000 of general obligation bonds maturing within 25 years to be repaid by the annual levy of excess property taxes, all as provided in Ordinance No. 2774. Should this proposition be approved? YES [ ] NO [ ] Per state law, the public will be afforded an approximately equal opportunity to express support or opposition to this ballot measure. The council meeting will begin at 7 PM, and will be held in the Council Chambers located at 135 East Sunset Way. For more information, visit issaquahwa.gov/GoIssaquah or contact the City Clerk’s Office, 425-837-3000. To be published: Sept. 16, 2016.
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