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City of Brookland Bond Question 1: Refinance 2021 Capital Improvement Bonds

Brookland city, Arkansas
My vote power: High

What does this measure do?

Brookland would borrow money to refinance the city's 2021 improvement bonds, as one of six bond questions totaling up to $27.5 million. The bonds would be repaid from the city's existing 2% sales tax, which would continue until they are paid off, with no new tax.

More about this measure

Proposed by: Brookland City Council

The city's elected council, which passed the ordinance calling this bond election.

Source: uaex.uada.edu

A YES vote means

The city may issue bonds to refinance the city's 2021 improvement bonds, repaid from its existing 2% sales tax.

A NO vote means

The city may not issue bonds for this purpose.

Source: kait8.com