GO Bond Measure
Thank you Springfield voters for the passage of the Bond Measure 20-296!
2019 Completed Projects – Read the 2019 Bond Measure Annual Report
- Grind and overlay of 14th Street – Main Street to A Street and E Street to G Street – Completed
- Grind and overlay of Commercial Street – from 42nd Street west approximately 450 feet – Completed
GO Bond Measure Background
At their July 2, 2018 regular meeting, the City Council passed a resolution to refer a bond measure to the November 6, 2018 election. Bond Measure 20-296 proposed a five-year $10 million general obligation bond to fund repairs of a list of proposed city streets. If passed, it would cost an estimated $0.50 cents per $1,000 of assessed value each year for five years beginning July 1, 2019. The bond is based upon assessed value, not market value. The median assessed value of residential property is $160,000. At this value, the homeowner would pay approximately $79 per year in estimated taxes, which is about $6.58 per month. Funds raised would go toward street repair projects only and an annual report would be published of the repairs completed. If the measure does not pass, the projects listed would not be completed and the estimated additional tax assessment would not be made.
Questions and Answers – Answers common questions about Bond Measure 20-296.
Overview – Provides information and history about the City’s Street Preservation and Repair Program.
Interactive Street Map – Click on the map below to view streets on the project list and estimated cost.