Public Parking Facility and Pedestrian Safety Bond Proposal
What does this measure do?
Supports: Public Infrastructure
East Grand Rapids would borrow up to $9 million to build a public parking facility near the schools, add traffic signals, and improve safety for people walking and biking. Property owners would repay it over up to 20 years, about $59 per $100,000 of taxable value in the first year.
Read the official ballot measure
Proposed by: East Grand Rapids City Commission
The city's elected governing body voted to put it on the ballot. It asks voters for up to $9 million to build a parking deck shared with the school district.
Source: wgvunews.org
A YES vote means
The city borrows up to $9 million for the parking facility and safety projects, repaid by a property tax.
A NO vote means
The city does not borrow the money, and there is no new tax for these projects.
No financial records found for this ballot measure.