The Chron gives its approval to the city bond referenda.
While all eyes seem to be on the presidential election, the upcoming city bond measures on the ballot this year may have more immediate impact on Houston than any federal changes.
Broken down into five propositions, the bonds will fund much-needed repairs and construction projects throughout the city. But the bond package, which will be relatively small – $410 million, in contrast to $625 million in 2006 – represents a smart, efficient and targeted program to let the city borrow money for projects where it can do the most good without having to raise taxes.
Houston voters should give their across-the-board approval to these smart investments.
They detail each of the five propositions, about which you can learn more in my interview with Mayor Parker. They did not mention the two charter amendments that are also on the ballot. Other than some caterwauling from the usual naysayers, these issues look to be in good shape. I support them and will vote for them. Just please remember to go all the way down the ballot and vote on them yourself.