Bond FAQs
General Questions
Q: What projects would be funded by the proposed bond and what are the associated costs for each?
A: If approved, the $32 million GO Bonds will fund both transportation and recreation projects. The transportation bond will be used for road widening of Union, S. New Hope, Myrtle School and Titman Roads for a projected cost of $24.6 million. Road resurfacing and sidewalk improvements will also be included at a cost of $2.7 million. The recreation bond package, if approved, will finance revitalization projects at Lineberger Park and Rankin Lake facilities and construct connecting greenway trails between them for a total cost of $4.6 million
Q: Why are these projects necessary? Why are we having this bond vote now?
A: o The road and sidewalk projects are needed to improve the safety of motorists and pedestrians who use those major targeted roads or areas. Many of the targeted roads are congested and prone to accidents because they need to be widened and improved. The recreation projects are needed to revitalize existing facilities and vital in the effort to continue to improve the quality of life in our community.
Q: Will my taxes go up?
A: No, these GO bonds will not raise your taxes. They will allow us to do these much-needed projects without increasing taxes at all.
Q: Why should I care if none of these projects are in my neighborhood?
A: Even though the projects may not be in your neighborhood, they will benefit our entire community. The roads scheduled to be improved are likely ones that you, your family members and friends travel regularly and the park projects will provide programs and activities that the majority of citizens can enjoy.
Q: What happens if bonds aren’t approved by voters?
A: Voters have the option to vote for the Transportation Bond and Recreation Bond separately. If one or both of the bonds referendums do not pass, the City will not be able to move forward with those projects.
Q: Where can I get more information?
A: More information, including a map showing the locations of all of the projects, lists of the projects and their individual costs, photos of the existing roadways and drawings of how the planned improvements will look, can be found on the May 4 GO Bond website, www.May4bonds.com.
