EL PASO, Texas (KTSM) — The Doña Ana County Board of Commissioners unanimously approved a resolution on Tuesday, June 10 to place a general obligation (GO) bond question on the Nov. 4 election ballot.
This bond, if approved by voters, would authorize the County to issue up to $140 million in general obligation bonds, payable from general (ad valorem) taxes, to fund the planning, design, development, construction, renovation and enhancement of fairgrounds, recreational facilities and County buildings throughout Doña Ana County, the County said in a news release.
The proposed bond will allow the County to borrow the funds needed to complete these large-scale projects, the County said.
The bond issue is subject to voter approval.
The County would repay the bond through an increase in property taxes. A resident with a property valued at $285,000 would see an increase of approximately $15 per month, the County said.
“This bond represents a critical step forward in the County’s ongoing commitment to improving its facilities and community spaces,” the County said.
“This bond will allow the County to build upon years of progress to transform existing facilities into thriving hubs for residents. By funding these much-needed improvements, the County can ensure that its spaces are renovated, offer beneficial programming and are accessible to all residents, regardless of their location,” the County added.
County Commission Chair Christopher Schaljo-Hernandez said: “Doña Ana County is a vibrant and growing community, and it is crucial that we provide safe, welcoming spaces where our families can grow stronger, healthier and more connected. Improving the quality of our facilities will not only enhance the lives of our residents, but also drive economic development. This will attract new visitors, businesses and services to our county.”
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