During a recent government meeting, representatives from Preserve Midway highlighted the success of a $5 million open space bond that facilitated the preservation of nearly 400 acres of land in the community. The bond, which was passed to maintain the rural character and heritage of Midway, has been described as an \"unmitigated success\" by board member Brad, who emphasized the importance of public awareness regarding how the funds were utilized.
Brad noted that the bond's effectiveness was amplified by the willingness of local landowners to contribute a portion of their land's value, which in turn attracted additional capital for preservation efforts. He pointed out that the land preserved could be valued at approximately $200 million, showcasing the bond's significant impact on the community.
Despite the bond's success, concerns about rising property taxes have emerged as a barrier to support for future open space initiatives. Many residents have experienced substantial increases in their property taxes over the past five years, leading to hesitance regarding additional tax burdens. However, Brad shared anecdotes of residents who, after understanding the benefits of the bond, expressed willingness to support future initiatives even if it meant a slight increase in their taxes.
The discussion underscored the need for continued public education about the bond's achievements and the potential for future funding. Brad encouraged community members to engage in conversations about the bond's impact and to seek clarity on its complexities, aiming to foster a more informed and supportive environment for future open space preservation efforts.