St. Johns County General Obligation Bonds to Conserve Land, Natural Resources, Farms and Forests
What does this measure do?
Supports: Environment and Public Health
Let St. Johns County borrow up to $100 million to protect water, wildlife, farms and forests and reduce flooding. Property owners repay it with a tax capped at $15 a year per $100,000 of taxable value.
Proposed by: St. Johns County Board of County Commissioners
The county's governing board seeks to buy and manage conservation land through borrowing repaid by property owners.
Source: stjohnscountyfl.new.swagit.com
A YES vote means
Allow up to $100 million in borrowing to buy and manage conservation land and provide outdoor recreation. Property owners repay it through tax capped at $15 per $100,000 of taxable value yearly; each debt issue is due within 20 years.
A NO vote means
Do not authorize this conservation borrowing or its property tax. The county does not receive this measure’s funds to buy and manage land.
Source: news4jax.com