Bond Issue Goes to LW VotersWhat will the November 8, 2016 ballot actually say?
Official Ballot | City of Lake Worth, Florida | Bond Referendum Election | November 8, 2016
Bonds for Road Improvement Projects in Lake Worth:
Shall the City be authorized to issue general obligation bonds for the exclusive purpose of improving local roadways and eliminating potholes in an amount not to exceed forty million dollars, payable from annual ad valorem taxes maturing no later than thirty years from the date of each issuance and bearing interest at a rate not exceeding the maximum legal rate with all expenditures reviewed by a citizens advisory committee?
For bonds________ Against bonds________
75 word requirement was met. What the city also needs to do is provide a separate financial impact statement concerning the measure prepared by the Financial Impact Estimating Conference in accordance with s. 100.371(5).