Texarkana, Arkansas voters have approved a set of bond issues that will raise millions for street and drainage improvements — along with a property tax increase to pay for them.
Texarkana, Arkansas voters have approved a set of bond issues that will raise millions for street and drainage improvements — along with a property tax increase to pay for them. Unofficial results show all three questions passed by wide margins.
City officials say the bond package will provide about $21 million for street upgrades and $4 million for drainage work by next spring. The tax increase is expected to cost about $50 per $100,000 of assessed value.
Leaders call the vote a major step forward, saying it will allow the city to fully rehabilitate its highest-priority streets and avoid returning to voters for additional bond approvals.
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