SALT LAKE CITY, Utah (News4Utah) – The Salt Lake City Council approved an $87 million bond for the upcoming November ballot.
The Council unanimously adopted a resolution to take the Streets Reconstruction Bond to voters during the General Election. The purpose of the bond is to fund reconstruction of the city’s worst streets and roads.
Mayor Jackie Biskupski who campaigned on a promise to improve city streets is urging residents to learn about and vote on the bond.
“Voters now have the ability to decide whether to pay a little now or pay much more later to improve our deteriorating roads,” said Mayor Biskupski. “I urge residents to study the bond, make an informed decision and then vote on the future of Salt Lake City streets.”
The Mayor’s Office said the financial impact of the new bond would be lessened because Salt Lake City will retire two bonds in 2019 for the Main Library and The Leonardo. If voters approve the bond, the average homeowner would pay less than $5 each year in taxes, according to the mayor’s office.