ROSWELL, GA. – Roswell Mayor Jere Wood has called a special work session for 5 p.m. Monday, Aug. 6, to discuss options for capital funding of a proposed bond referendum.
At the top of the agenda is a discussion on project lists to be drawn from a needs list prepared by staff.
The city could fund a $24 million bond sale without raising the millage rate as old debt is being retired this year. The tentative breakdown of the bond issue is:
• $8 million for transportation improvements. These include intersection improvements, street and highway construction, sidewalks, multi-use trails and rights of way, design and equipment.
• $14.5 million for recreation, parks, historic preservation and cultural arts. This would include park land, buildings, trails, park bathrooms and pavilions, performance and exhibit facilities, design, fixtures and equipment.
• $1.5 million for a new fire station, including design, equipment, furniture and fixtures.
The workshop will also discuss possible referendum dates. A November 2012 date will require the City Council to adopt a resolution calling the referendum at its Aug. 13 City Council meeting.