UPDATE: The Oklahoma City Council has just approved a monumental $2.7 billion general bond to be voted on in a special election scheduled for October 14, 2023. This crucial funding initiative aims to enhance the city’s infrastructure without increasing property tax rates, addressing urgent community needs and improving quality of life for residents.
The proposed bond includes 11 separate propositions and is set to support a staggering 547 projects. Notably, 76% of these projects are deemed critical infrastructure improvements, with 56% of the overall funding allocated specifically for enhancing streets, bridges, and traffic systems. City Manager Craig Freeman emphasized the importance of this funding, stating, “Oklahoma City’s bond programs are one of our most important tools for maintaining and improving the City’s core infrastructure.”
Key improvements outlined in the bond include:
– **$1.35 billion for Streets:** Funding for 382 street projects, including residential resurfacing, street widenings, and enhancements.
– **$414.29 million for Parks & Recreational Facilities:** Renovations to major parks and facilities, including the Civic Center Music Hall and USA Softball Complex.
– **$175 million for Economic & Community Development:** Investments in citywide economic growth and affordable housing initiatives.
– **$130 million for Fire Facilities:** Upgrades to seven fire facilities and a new training center for police and fire crews.
– **$129.67 million for Transit:** Development of a new transit headquarters and modernization of the EMBARK transit fleet.
The ballot for this significant bond will be open to Oklahoma City voters, who must register by September 19, 2023, to participate. The Greater Oklahoma City Chamber has launched a campaign to support the bond, highlighting its potential impact on the community. Chair Terese Rose stated, “This bond issue will bring investment to every part of our city and impact every aspect of our quality of life.”
As the city prepares for the upcoming vote, residents are urged to stay informed about the specific propositions and improvements that will shape Oklahoma City’s future. For more information on the bond and voter registration, visit www.keepokcmoving.com or call (405) 297-8942.
The stakes are high as Oklahoma City stands on the brink of a vital decision that will affect its infrastructure and community services for years to come. Stay tuned for further updates as the election date approaches.
