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2007 City Bond Election
CITY OF OKLAHOMA CITY

Oklahoma City voters will go to the polls on December 11 to vote on an $835.5 million Bond Issue to improve or replace our City’s infrastructure.

Projects include the repair of hundreds of miles of residential and arterial streets, repairing bridges, improving parks, addressing drainage systems, constructing sidewalks and trails, building new police and fire stations, replacing busses, updating libraries and providing incentives for economic development.

More than half of the bonds are allocated towards street repair. If the bond election passes, your city property tax rate will not increase. The bonds are projected to be sold over a 10-year period, from 2008-2017.

Voting for the bond election takes place on December 11, 2007. Polls are open from 7 a.m. to 7 p.m.  If your precinct number is not on the list, you are not eligible to vote on the Bond Election. For information about registration see the Oklahoma State Election Board or call 405 521-2391. Click here for the Oklahoma County Election Polling Place List.

Click on the Legal Text Pictureto view the legal text.




This is the proposition language that will appear on the ballot.
SPECIAL ELECTION PROCLAMATION AND NOTICE
I, MICK CORNETT, MAYOR OF THE CITY OF OKLAHOMA CITY, DO HEREBY PROCLAIM AS FOLLOWS:
    1.     Under and by virtue of Section 27 and Section 35, Article 10 of the Constitution of the State of Oklahoma, and the laws of the the State of Oklahoma, and acts complementary, supplementary, and enacted pursuant thereto, and Resolution dated October 9, 2007, of The City of Oklahoma City, Oklahoma, authorizing the calling of an election for the purposes hereinafter set forth, as adopted and approved by the Council of said City on the 9th day of October, 2007, I, the undersigned Mayor of The City of Oklahoma City, Oklahoma, do hereby call a special City-wide election and give notice thereof to be held in The City of Oklahoma City, Oklahoma, on the 11th day of December, 2007, for the purpose of submitting to the registered, qualified voters of said City the following Propositions:
PROPOSITION NO. 1
(STREETS)
Description
Because street repair was your #1 priority in the last two citizen surveys, more than half of the funds in the bond program are earmarked for street improvements. This proposition finances resurfacing, widening and rebuilding of more than 750 lane miles of streets, mostly in residential areas. Walkers will also benefit from the construction of 350 miles of sidewalks and trails.
Legal Description
Shall The City of Oklahoma City, State of Oklahoma, incur an indebtedness by issuing registered bonds in the sum of Four Hundred Ninety Seven Million Four Hundred Ninety Thousand Dollars ($497,490,000) to provide funds for the purpose of constructing, reconstructing, improving, and repairing streets and related engineering, right-of-way acquisition, utility relocation, drainage, traffic control, markings, conduit, intersection, sidewalks, curbs, signage, landscaping, irrigation systems, street furniture and street lighting improvements, along with street maintenance and construction equipment and materials, to be completed with or without the use of other funds, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in said City sufficient to pay the interest on said bonds as it falls due, and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest at a rate not to exceed ten percent (10%) per annum, payable semi-annually, and to become due serially within twenty-five years from their date?
PROPOSITION NO. 2
(BRIDGES)
Description
Overall, the City does a good job maintaining our 635 bridges. These funds will rebuild or repair 17 bridges affected by age, wear and tear and weather.
Legal Description
Shall The City of Oklahoma City, State of Oklahoma, incur an indebtedness by issuing registered bonds in the sum of Nineteen Million Seven Hundred Sixty Thousand Dollars ($19,760,000) to provide funds for the purpose of constructing, reconstructing, improving and repairing bridges and related appurtenances, engineering, right-of-way acquisition, utility relocation, drainage, traffic control, lighting and approach improvements, along with bridge inspection and maintenance equipment and materials, to be completed with or without the use of other funds, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in said City sufficient to pay the interest on said bonds as it falls due, and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest at a rate not to exceed ten percent (10%) per annum, payable semi-annually, and to become due serially within twenty-five years from their date?
PROPOSITION NO. 3
(TRAFFIC CONTROL SYSTEM)
Description
The City identified 34 traffic improvement projects that will reduce congestion and improve safety. This proposition will fund new traffic lights, signs, street lighting and improve synchronization.
Legal Description
Shall The City of Oklahoma City, State of Oklahoma, incur an indebtedness by issuing registered bonds in the sum of Twenty Three Million Five Hundred Ninety Thousand Dollars ($23,590,000) to provide funds for the purpose of constructing, acquiring and installing traffic control equipment and improvements, signals, signs and devices, and related engineering, right-of-way acquisition, utility relocation, drainage, conduit, intersection and lighting improvements, along with traffic control maintenance, construction, and analysis equipment and materials, to be owned exclusively by said City, to be completed with or without the use of other funds, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in said City sufficient to pay the interest on said bonds as it falls due, and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest at a rate not to exceed ten percent (10%) per annum, payable semi-annually, and to become due serially within twenty-five years from their date?
PROPOSITION NO. 4
(DRAINAGE CONTROL SYSTEM)
Description
You approved funding for more than $114 million in drainage improvements in the last two bond elections. This proposition continues drainage upgrades around the City.
Legal Description
Shall The City of Oklahoma City, State of Oklahoma, incur an indebtedness by issuing registered bonds in the sum of Thirty Two Million Eight Hundred Fifty Five Thousand Dollars ($32,855,000); to provide funds for the purpose of improving the City’s drainage control system and related right-of-way acquisition, engineering and utility relocation, along with drainage improvement and maintenance equipment and materials, to be owned exclusively by said City, to be completed with or without the use of other funds, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in said City sufficient to pay the interest on said bonds as it falls due, and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest at a rate not to exceed ten percent (10%) per annum, payable semi-annually, and to become due serially within twenty-five years from their date?
PROPOSITION NO. 5
(PARKS AND RECREATIONAL FACILITIES)
Description
Quality parks raise property values, strengthen families, reduce obesity and provide a safe place for children to play. This proposition funds 14 new playgrounds, eight basketball courts, 47 walking paths, two new parks and improvements to 13 community centers, as well as the Myriad Botanical Gardens.
Legal Description
Shall The City of Oklahoma City, State of Oklahoma, incur an indebtedness by issuing registered bonds in the sum of Eighty Nine Million Seven Hundred Fifty-five Thousand Dollars ($89,755,000) to provide funds for the purpose of improving, renovating, acquiring and equipping parks and recreational facilities, to be owned exclusively by said City, to be completed with or without the use of other funds, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in said City sufficient to pay the interest on said bonds as it falls due, and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest at a rate not to exceed ten percent (10%) per annum, payable semi-annually, and to become due serially within twenty-five years from their date?
PROPOSITION NO. 6
(FIRE)
Description
As the City grows, so must our public safety infrastructure. This proposition funds the recommendations of a fire station relocation study for three new fire stations in south Oklahoma City and the rebuilding of two 30-year-old stations.
Legal Description
Shall The City of Oklahoma City, State of Oklahoma, incur an indebtedness by issuing registered bonds in the sum of Fifteen Million Dollars ($15,000,000), to provide funds for the purpose of providing new fire stations and repair, renovation, construction, replacement, furnishing and equipping of Fire Department facilities, to be owned exclusively by said City, to be completed with or without the use of other funds, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in said City sufficient to pay the interest on said bonds as it falls due, and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest at a rate not to exceed ten percent (10%) per annum, payable semi-annually, and to become due serially within twenty-five years from their date?
PROPOSITION NO. 7
(POLICE)
Description
The police headquarters and courts complex, built in 1964, is in dire need of renovation to address plumbing, electrical, air and space concerns. The three-story building will be renovated to better serve officers and staff. Proposition 7 also includes funds for a police briefing station in southwest Oklahoma City and a new detox facility.
Legal Description
Shall The City of Oklahoma City, State of Oklahoma, incur an indebtedness by issuing registered bonds in the sum of Forty One Million Two Hundred Thousand Dollars ($41,200,000) to provide funds for the purpose of improving and providing Police Department facilities including renovation, expansion, improvement, equipping and furnishing of the Police Headquarters/Municipal Courts Complex and construct, equip and furnish a new Public Inebriate Alternative (Detox) Facility and a new Police Briefing Station, to be owned exclusively by said City, to be completed with or without the use of other funds, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in said City sufficient to pay the interest on said bonds as it falls due, and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest at a rate not to exceed ten percent (10%) per annum, payable semi-annually, and to become due serially within twenty-five years from their date?
PROPOSITION NO. 8
(LIBRARIES)
Description
Both the Metropolitan and Pioneer Library Systems serve more than 600,000 people annually. This proposition adds funding for two new branch libraries, one in southwest and another in northwest Oklahoma City. Funding is also included for renovation of Capitol Hill and Belle Isle libraries.
Legal Description
Shall The City of Oklahoma City, State of Oklahoma, incur an indebtedness by issuing registered bonds in the sum of Twelve Million Eight Hundred Forty Five Thousand Dollars ($12,845,000) to provide funds for the purpose of constructing new libraries and for the purpose of expanding, renovating, remodeling, repairing, improving, equipping and furnishing libraries, to be owned exclusively by said City, to be completed with or without the use of other funds, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in said City sufficient to pay the interest on said bonds as it falls due, and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest at a rate not to exceed ten percent (10%) per annum, payable semi-annually, and to become due serially within twenty-five years from their date?
PROPOSITION NO. 9
(CITY MAINTENANCE FACILITIES)
 Description
The City’s Central Maintenance Facility at SW 15 and Portland is home to street maintenance, construction inspections and the Household Hazardous Waste facility. This proposition funds the expansion of the maintenance facility, allowing us to consolidate city maintenance operations.
Legal Description
Shall The City of Oklahoma City, State of Oklahoma, incur an indebtedness by issuing registered bonds in the sum of Twenty Million One Hundred Sixty Five Thousand Dollars ($20,165,000) to provide funds for the purpose of expanding, renovating, improving, equipping and furnishing the City’s Central Maintenance Facility in the vicinity of SW 15th and Portland and consolidation and relocation of maintenance, storage and operation facilities from City-wide locations to the City’s Central Maintenance Facility, and related demolition and land restoration, to be owned exclusively by said City, to be completed with or without the use of other funds, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in said City sufficient to pay the interest on said bonds as it falls due, and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest at a rate not to exceed ten percent (10%) per annum, payable semi-annually, and to become due serially within twenty-five years from their date?
PROPOSITION NO. 10
(TRANSIT)
Description
A reliable bus fleet is key to a good mass transit system. This funding replaces worn out vehicles and adds wheelchair accessible vans. The new fleet will get better fuel mileage and improve accessibility for people with disabilities.
Legal Description
Shall The City of Oklahoma City, State of Oklahoma, incur an indebtedness by issuing registered bonds in the sum of Seven Million Eight Hundred Forty Thousand Dollars ($7,840,000) to provide funds for the purpose of acquiring transit vehicles and equipment, and expansion, renovation, construction remodeling, repair, improvement, equipping and furnishing of transit facilities, to be owned exclusively by said City, to be completed with or without the use of other funds, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in said City sufficient to pay the interest on said bonds as it falls due, and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest at a rate not to exceed ten percent (10%) per annum, payable semi-annually, and to become due serially within twenty-five years from their date?
PROPOSITION NO. 11
(ECONOMIC DEVELOPMENT)
Description
A diversified employment base that provides quality job opportunities is important to our growth. This proposition creates economic incentives for companies that relocate or expand in Oklahoma City. Oversight for this incentive program will be provided by a City trust made up of citizens and elected officials similar to the MAPS for Kids program.
Legal Description
Shall the City of Oklahoma City, State of Oklahoma, incur an indebtedness by issuing its bonds in the sum of Seventy Five Million Dollars ($75,000,000) for the purpose of economic and community development in Oklahoma City, with or without the use of other funds, and levy and collect a special tax, payable annually in addition to all other taxes, upon all the taxable property in said City sufficient to pay the interest on said bonds as it falls due, and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest at not to exceed the rate of ten percentum (10%) per annum, payable semiannually and to become due within thirty (30) years from their date: Provided however, that in no event shall the real and personal taxable property in said City be subject to a special tax in excess of five mills on the dollar for all bonds issued pursuant to Section 35, Article X of the Oklahoma Constitution?